Tag: cloud computing
Oracle Jumps 8% as TikTok Deal Advances, OpenAI Talks Emerge
Shares of Oracle Corporation climbed nearly 8% in mid-day trading on Friday, as investors reacted positively to reports of progress on a potential U.S....
Amazon in Talks to Invest $10B in OpenAI, Sources Say
Amazon.com Inc. is in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a deal that could value the artificial...
BofA Names the Stock Best Positioned for the Next AI Wave
Alphabet, the parent company of Google, is the stock best positioned to benefit from the next phase of artificial intelligence, according to Bank of...
Amazon Taps Nvidia Tech for New AI Chips and Servers
Amazon Web Services (AWS) announced on Tuesday that it will integrate key Nvidia technology into future generations of its artificial intelligence chips. The move...
Alibaba Beats Revenue Forecasts as Instant Retail and AI Surge
Alibaba reported stronger-than-expected quarterly revenue on Tuesday, supported by rising demand for its one-hour delivery services and continued momentum in its cloud business. These...
Amazon Commits Up to $50B to Boost AI and Supercomputing for...
Amazon announced on Monday that it plans to invest up to $50 billion to expand artificial intelligence and supercomputing capabilities for U.S. government clients...
Morgan Stanley: Google Cloud Set to Soar Over 50% Next Year
Morgan Stanley Predicts 50% Growth for Google Cloud in 2026
Google Cloud could experience a major surge next year, with Morgan Stanley forecasting that the...
Amazon Stock Soars as AWS Strikes $38B Cloud Deal with OpenAI
Amazon Stock Soars as AWS Strikes $38 Billion Cloud Deal with OpenAI
Amazon (NASDAQ: AMZN) shares surged 5.4% on Monday after the company’s cloud division,...
Google Parent Alphabet Set to Raise Funds via U.S. and Euro...
Alphabet Taps U.S. and Euro Bond Markets in New Multi-Billion Debt Offering
Alphabet Inc., the parent company of Google, has entered the U.S. dollar and...
Amazon Lands $38 Billion OpenAI Cloud Contract Following Shake-Up
OpenAI Signs $38 Billion Cloud Deal with Amazon to Power AI Expansion
OpenAI has entered into a seven-year, $38 billion cloud computing deal with Amazon,...
