News
Nvidia and Microsoft Bet the PC Can Beat the Cloud
1+ hour, 9+ min ago (455+ words) For years, enterprise artificial intelligence has lived in the cloud. Employees typed prompts into browser windows, queries traveled to data centers and responses came back. That model suited hyperscalers. It suited corporate IT and security teams less. Nvidia and Microsoft…...
Amazon and Google Face Tougher Cloud Rules in Europe
1+ hour, 24+ min ago (404+ words) Europe reportedly wants tougher criteria for bidding on government cloud projects. That's according to a report Monday (June 1) from Reuters, which said that this move by the European Commission (EC) could leave companies such as Amazon, Google and Microsoft locked…...
Snowflake Commits $6 Billion to AWS For Global AI Expansion
4+ day, 18+ hour ago (332+ words) With this agreement, the companies aim to accelerate enterprise agentic AI adoption by helping their joint customers around the world build and deploy AI, Snowflake said'in'a Wednesday (May 27)'press release. The agreement expands an existing collaboration between Snowflake and AWS....
The Real Reason Companies Are Struggling to Scale AI
1+ week, 6+ day ago (311+ words) Every company says AI is a priority. Budgets are going up. Executive buy-in is strong. So why does scaling feel so hard for so many organizations? Because the barrier to artificial intelligence isn't the technology. It's the operational infrastructure underneath…...
PYMNTS | Google and Blackstone Team to Launch AI Cloud Venture
1+ week, 6+ day ago (98+ words) Google is working with asset manager Blackstone to launch an artificial intelligence (AI) cloud company as a compute-as-a-service offering....
Google and Blackstone Team to Launch AI Cloud Venture
1+ week, 6+ day ago (469+ words) Google is working with asset manager Blackstone to launch an artificial intelligence (AI) cloud company. The new venture is designed to provide "efficient data center capacity, operations, networking, and Google Cloud's tensor processing units (TPUs) as a compute-as-a-service offering," Blackstone…...
Alibaba Sacrifices Profits to Fuel AI Growth
2+ week, 4+ day ago (475+ words) Artificial intelligence accounts for a rapidly growing share of Alibaba Group's revenue, and it will deliver a return on the substantial investment the company is making in AI infrastructure, CEO Eddie Wu said Wednesday (May 13). Speaking during the company's earnings…...
PYMNTS | Amazon Workers Say Pressure Leads to Needless AI Use
2+ week, 6+ day ago (114+ words) Amazon workers are reportedly using an in-house AI tool to automate unessential tasks amid increased pressure and scrutiny from management....
PYMNTS | Tech Giants' Cash Reserve Shrinks Amid $725 Billion AI "
3+ week, 21+ hour ago (75+ words) AI projects are leaving the combined cash flow of Amazon, Google, Microsoft and Meta to fall a projected $4 billion in the third quarter....
Anthropic CEO Predicts Saa S Pivot as AI Coding Surges
3+ week, 4+ day ago (305+ words) Software-as-a-service (Saa S) companies will need moats other than the complexity of writing software to preserve their businesses in the age of artificial intelligence that can code and write software, Anthropic CEO Dario Amodei said Tuesday (May 5). Speaking during Anthropic's livestreamed…...