News Formal

Microsoft's AI boost helped cloud business outpace rivals Amazon and Google in latest quarter

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Large cloud vendors are still helping clients work through necessary cost cuts, but Microsoft Azure has gotten a boost from artificial intelligence

Microsoft pointed to a surge in demand for artificial intelligence tools, even as some clients continue to focus on cost-saving projects.

Bernstein Research analysts led by Mark Moerdler said on Wednesday in a note to clients they viewed Microsoft's results as a sign that the software maker"has taken the AI mantel from Google, and that Azure could become a bigger and more important hyperscale provider than AWS." They noted the significance of Microsoft's capital expenditures rising to $11.2 billion from $10.7 billion in the prior quarter.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 288. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Amazon rallies on cloud recovery as it chases Microsoft for AI businessAmazon rallies on cloud recovery as it chases Microsoft for AI business
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

Amazon rallies on cloud recovery as it chases Microsoft for AI businessAmazon.com rallied 5% on Friday on strong growth at its most profitable cloud business as it aims for a larger share of the booming artificial intelligence market in a race with Microsoft.
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »