Amazon, Google and Microsoft all reported better-than-expected first-quarter cloud results, signaling an acceleration of AI demand

Amazon, Google and Microsoft all reported better-than-expected first-quarter cloud results, signaling an acceleration of AI demand

Amazon, Google and Microsoft all reported better-than-expected first-quarter cloud results, signaling an acceleration of AI demand

April 29 : Amazon.com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies continue to devote tremendous resources to their artificial intelligence efforts. Revenue at Amazon Web Services (AWS) jumped 28 per cent to $37.6 billion in the fi

April 22 : IBM beat first-quarter profit estimates on Wednesday as artificial intelligence adoption boosted demand for its software services used for managing large amounts of data and automating IT processes.However, shares of the company were down about 6 per cent in extended trading.Enterprise deman