Microsoft's AI lead could be the driving factor in helping it topple Amazon's dominance in cloud services.
Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com as more businesses switch to its services, attracted by a clutch of generative AI features that are powered by OpenAI's technology. The Redmond, Washington-based software giant has beaten rivals Amazon and Google-parent Alphabet to the market with AI services including the Copilot, a set of genAI tools that work in Microsoft's business apps, that was rolled out in...
General Motors stock surged Tuesday above a buy point after the auto giant
GM had a strong first quarter as year-over-year revenue rose by 8%. The impressive start pushed GM to raise their full-year guidance. While the company continues to ramp up electric vehicle production, they’re expecting a boost from new and updated ICE-powered vehicles such as the Equinox, Traverse, and Tahoe. General Motors has released their first-quarter results and it's good news for investors as the company reported revenues of $43 billion and $3 billion of net income attributable to...
This week's top software sales offer discounts of up to $450 off standalone licenses and subscriptions for popular tools, including Microsoft 365, Office, Adobe Creative Cloud and more. Save up to $450 on software this week. Microsoft Office Save on Microsoft 365 & standalone Office. Whether you're looking for a standalone license to Microsoft's Office software or are ready to grab the best deal on Microsoft 365 for access to the latest apps, there are steep markdowns in effect...
(Reuters) -Shares of digital marketing firm Ibotta soared 33% on their debut on the New York Stock Exchange on Thursday, giving the Walmart-backed company a market valuation of $3.55 billion. Ibotta sold 6.6 million shares at $88 apiece in its initial public offering (IPO), raising $577.3 million. Ibotta's stellar listing follows successful debuts by social media platform Reddit and chip firm Astera Labs.
Rubrik prices its initial public offering above its previous target range of $28-$31, valuing it at around $5.6 billion based on the outstanding shares listed in its filing with the US Securities and Exchange Commission
HashiCorp's business is growing considerably faster than that of IBM, which has been confronting a challenging economic environment.
An APK examination of a beta version of Microsoft's OneDrive app for Android shows that the company may soon add support for importing files from other cloud services to OneDrive accounts.
Nine Google employees were arrested while participating in sit-in protests at Google offices in New York City and Sunnyvale, Calif. The post Google Fires 28 Workers Who Protested Cloud-Sharing Contract with Israel Government first appeared on The Foreign Desk | by Lisa Daftari.
Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., will seek to raise as much as $713 million in an initial public offering, a person familiar with the matter said.
Remember the Spectre CPU vulnerability that reared its head for the first time in 2017? Variant 2 of Spectre is back, and as such, Microsoft has published guidance about the mitigation.