News Formal

Microsoft's AI bets boost cloud business, Alphabet yet to find silver lining

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Explore stories from Atlantic Canada.

Remembering Harley: Graveside memorial service honours homeless Hantsport man’s life | SaltWire - Google-parent Alphabet's cloud business suffered as long-time rival Microsoft's took off in the September quarter, demonstrating early signs that the Windows maker's investment in artificial intelligence was paying off.

Microsoft has emerged as an AI frontrunner, largely due to its substantial investment into startup OpenAI, the maker of hit product generative AI chatbot ChatGPT. Microsoft's chief financial officer Amy Hood said on a conference call with analysts that higher-than-expected AI consumption was responsible for a 3 percentage point boost to its cloud business.

In contrast, revenue at Google's cloud business rose 22.5% to $8.41 billion in the quarter ended Sept 30, its slowest growth in at least 11 quarters. That lagged an average Wall Street estimate of $8.62 billion.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 45. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Microsoft's AI bets boost cloud business, Alphabet yet to find silver liningGoogle-parent Alphabet's cloud business suffered as long-time rival Microsoft's took off in the September quarter, demonstrating early signs that the Windows...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Microsoft, Alphabet report earnings, Meta sued by 42 attorneys general: Yahoo Finance LiveTech giants Microsoft (MSFT) and Alphabet (GOOGL) report their latest quarterly results. Investors will be closely watching to see what the companies say...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

The Daily Chase: Teck, GM report earnings; Microsoft, Alphabet coming laterHere are five things you need to know this morning.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »

Alphabet and Microsoft's top themes for Q3 earningsAlphabet (GOOG, GOOGL) and Microsoft (MSFT) are due to report third-quarter earnings after Tuesday's closing bell. Yahoo Finance Tech Editor Dan Howley lays ...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »