Tag: cloud computing

Google steps up Microsoft criticism, warns of rival’s monopoly in cloud
28Feb By adminNo Comments
Technology

Google steps up Microsoft criticism, warns of rival’s monopoly in cloud

[ad_1] eAlphabet's Google Cloud on Monday ramped up its criticism of Microsoft's cloud computing practices, saying its rival is seeking a monopoly that would harm the development of emerging technologies such as generative artificial intelligence.Microsoft and Amazon have recently attracted scrutiny in Britain, the European Union and the United States over their market power in cloud computing. Google trails a distant third behind the two leaders. Microsoft's collaboration with ChatGPT creator OpenAI has also ratcheted up the concerns. "We worry about Microsoft wanting to flex their decade-long practices where they had a lot of monopoly on the on-premise software before and now they are trying to push that into cloud now," Google Cloud Vice President Amit Zavery said in an interview."So...
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Microsoft inks deal with France’s Mistral AI, an OpenAI rival that has its own chatbot
27Feb By adminNo Comments
Technology

Microsoft inks deal with France’s Mistral AI, an OpenAI rival that has its own chatbot

[ad_1] Microsoft announced an artificial intelligence partnership Monday with the French startup Mistral AI that could lessen the software giant's reliance on ChatGPT-maker OpenAI for supplying the next wave of chatbots and other generative AI products.Mistral AI emerged less than a year ago but is already what Microsoft described Monday as an “innovator and trailblazer” at the vanguard of building more efficient and cost-effective AI systems. Microsoft and Mistral didn't disclose the financial terms of the deal, though Microsoft said it involves a small investment in the Paris-based startup. That suggests it is far smaller than Microsoft's investment of billions of dollars into OpenAI, a years-long relationship that has attracted the scrutiny of antitrust regulators in the U.S. and Eur...
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Satya Nadella completes magical 10-year stint as Microsoft CEO; here is what he brought to the tech titan
6Feb By adminNo Comments
Technology

Satya Nadella completes magical 10-year stint as Microsoft CEO; here is what he brought to the tech titan

[ad_1] From Google to Microsoft, Indian-origin CEOs are taking the lead on the biggest tech companies with their expertise. Leading the pack is Satya Nadella who recently marked 10 years as the CEO of tech giant Microsoft where he transformed the company into a cloud computing and AI powerhouse. Now, Microsoft has $3 trillion worth of market value and it is continuously increasing with their initiative to become the leader in the artificial intelligence (AI) space. Needless to say, Nadella's creative mind and skills have inspired entrepreneurs and youth globally. Know how Microsoft succeeded under the watch of Indian-origin CEO Satya Nadella. Satya Nadella marks 10 years as Microsoft CEOAs far as adding market value is concerned, under the leadership of Nadella, Microsoft's stock has sk...
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How Amazon Is Going After Microsoft’s Cloud Computing Ambitions
17Nov By adminNo Comments
Technology

How Amazon Is Going After Microsoft’s Cloud Computing Ambitions

[ad_1] Amazon is the driving force behind a trio of advocacy groups working to thwart Microsoft's growing ambition to become a major cloud computing contractor for governments, a Bloomberg analysis shows. The groups — the Cloud Infrastructure Services Providers in Europe (CISPE), the Coalition for Fair Software Licensing and the Alliance for Digital Innovation — want to convince policymakers that Microsoft has improperly locked customers into Azure, its cloud computing service, choking off its rivals and hindering the advancement of technology within the government and beyond. These groups have dozens of members. But Amazon is the biggest funder for two of them and the largest company, measured by revenue, that funds another. Spokespeople for the groups say no single company determine...
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Elon Musk and Jane Fraser Are Just Some of the CEOs Hoping to Woo China’s Xi
16Nov By adminNo Comments
Technology

Elon Musk and Jane Fraser Are Just Some of the CEOs Hoping to Woo China’s Xi

[ad_1] Executives from Microsoft Corp., Citigroup Inc., Exxon Mobil Corp. and other large multinationals are converging on San Francisco this week for an audience with Chinese President Xi Jinping and other Asian leaders as long-frosty US-China relations show only tentative signs of warming.For many corporations, the agenda is simple: They're ready to get back to business. A CEO summit on the sidelines of the Asia-Pacific Economic Cooperation meeting will coincide with the most challenging trade climate in a generation. Washington is trying to prevent China from acquiring high-end computer chips and has imposed curbs on US investment there. Beijing has responded by jump-starting its own chip efforts and exhorting citizens to buy locally made phones and other products. From tech to logis...
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Microsoft’s Cloud Recovery Is Outshining Rivals Amazon, Google
28Oct By adminNo Comments
Technology

Microsoft’s Cloud Recovery Is Outshining Rivals Amazon, Google

[ad_1] In the race to rebound from a two-year slowdown in spending on cloud computing, Microsoft Corp. is pulling ahead of its chief rivals, Amazon.com Inc. and Google.Microsoft's Azure cloud business posted 29% sales growth in the September quarter, faster than analysts estimated, in part because of corporate customers' interest in new artificial intelligence products. In its own report the same day earlier this week, for the same period, Google parent Alphabet Inc. struck a more subdued tone, saying that cloud clients are still in cost-cutting mode. And on Thursday, Amazon.com Inc.'s cloud-revenue picture was mixed, with sales slightly less than projected and operating income ahead of analysts' predictions. Microsoft — which is No. 2 in the market, behind Amazon but ahead of Google — ...
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Fears about Amazon and Microsoft cloud computing dominance trigger UK probe
6Oct By adminNo Comments
Technology

Fears about Amazon and Microsoft cloud computing dominance trigger UK probe

[ad_1] Concerns from regulators about the dominance of Amazon and Microsoft in Britain's cloud computing market have triggered an investigation into the competitiveness of the key industry. The U.K. communications regulator Ofcom said Thursday that its yearlong study of the cloud communications services market found features that could limit competition. British businesses face barriers when they try to switch or use multiple cloud suppliers, it said. Cloud computing uses data centers around the world to store photos and emails or run software. It has become a vital service for many businesses, which turn to cloud providers to avoid the cost of buying expensive equipment and real estate to run their own data centers. Ofcom asked the U.K. antitrust watchdog, the Competition and Markets...
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Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet
22Sep By adminNo Comments
Technology

Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet

[ad_1] Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into software and artificial intelligence-powered data analysis.The networking giant will pay $157 a share in cash, the companies said in a statement Thursday, or a 31% premium to Splunk's closing price on Wednesday. The purchase represents roughly 10% of Cisco's market value. Under Chief Executive Officer Chuck Robbins, Cisco has been trying to lessen its dependence on one-time sales of expensive hardware and shift toward software and services. Splunk is its most expensive push yet into that area and will help Cisco reach a broader base of customers, who can use the new services to gain insight into their network and computing operations...
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5 things about AI you may have missed today: McAfee unveils AI-powered product, expert calls for AI regulation and more
21Sep By adminNo Comments
Technology

5 things about AI you may have missed today: McAfee unveils AI-powered product, expert calls for AI regulation and more

[ad_1] AI Roundup: BFSI expert Alok Bansal emphasized the critical need for a unified regulatory framework in the face of rapid adoption of generative AI, especially in sectors handling sensitive data. ConveGenius just launched SwiftChat, an AI chatbot platform on Amazon Web Services, delivering personalized learning content in regional languages to government schools. In a separate development, authors, including George RR Martin, filed a copyright infringement lawsuit against OpenAI for allegedly using their content without permission to train AI models.All this, and more in today's AI roundup. 1. “Critical Need for a Unified Regulatory Framework," says BFSI expertWith generative AI playing a crucial role in several industries, there is a critical need for regulatory guidelines around...
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Microsoft Eyes Apple’s Spot as World’s Largest Stock
20Sep By adminNo Comments
Technology

Microsoft Eyes Apple’s Spot as World’s Largest Stock

[ad_1] Microsoft Corp. is narrowing the gap with Apple Inc. in the stock market as investors see better growth and far less China risk in the software giant.The Redmond, Washington-based company's shares have outperformed the iPhone maker's this month, bringing its market value closer to Apple, which is at the center of a flareup in tensions with China. While hundreds of billions of dollars still separate the two companies, Microsoft's positions in markets including cloud computing and artificial intelligence make it more attractive to some investors. “Microsoft has more of what the market wants right now, and given where we stand on the pair's growth prospects, we wouldn't be surprised to see it overtake Apple,” said David Klink, senior equity analyst at Huntington Private Bank. “We ha...
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