Enterprise Cloud Infrastructure Spending Surges to $84B
In Q3 2024, global enterprise spending on cloud infrastructure services was $84 billion, up 23% from the same period in 2023, with generative AI driving the market acceleration.
In Q3 2024, global enterprise spending on cloud infrastructure services was $84 billion, up 23% from the same period in 2023, with generative AI driving the market acceleration.
Microsoft last Wednesday, October 30, released information about its earnings for the first fiscal quarter.
In the rapidly advancing realm of artificial intelligence, two groundbreaking AI companions have emerged as game-changers in the tech industry: Microsoft’s Copilot and Amazon’s Q. These cutting-edge AI-powered systems represent the pinnacle of innovation, each designed to revolutionize the way we interact with technology and streamline our daily tasks. While both aim to enhance productivity […]
Microsoft is expected to release data on Wednesday, October 30, on the slowest growth rate of quarterly revenue in a year.
Microsoft will next month provide businesses with the opportunity to make their own autonomous artificial intelligence agents.
Microsoft last Wednesday, October 2, announced its intention to invest 4.3 billion euros ($4.8 billion) in Italy, which is by far the largest volume of financial injections by a technology giant into this country.
As Microsoft investors await quarterly earnings this month, another metric is becoming more important which is finance leases.
The media reports that Microsoft intends to make another attempt to roll out its Recall program powered by artificial intelligence.
Microsoft on Thursday, September 26, announced its intention to invest 14.7 billion reais ($2.7 billion) in Brazil over three years.
Technology giant Microsoft on Tuesday, September 24, announced its intention to invest $1.3 billion to build up its infrastructure for cloud computing and artificial intelligence in Mexico over the next three years.
Microsoft announced that the company’s board of directors has approved a new share buyback program worth up to $60 billion.
BlackRock and Microsoft intend to launch a fund worth more than $30 billion to invest in artificial intelligence infrastructure.
Microsoft announced on Friday, August 23, that it will hold a cybersecurity summit next month.
Microsoft on Wednesday, August 21, announced that in October it will release a controversial Recall search function using artificial intelligence.
On Tuesday, June 25, European Union officials said that Microsoft had violated the antitrust laws of this block of countries as part of its practice of bundling Teams with other popular apps of the technology giant for business.
Microsoft on Monday, June 3, announced its intention to invest $3.2 billion to expand its cloud and artificial intelligence infrastructure in Sweden over two years.
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