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amazon results: Amazon posts AI-fueled cloud, ecommerce growth, shares jump

Amazon s plan to acquire iRobot for $1.4 billion has been halted by European regulators, despite the company s strong fourth-quarter sales and revenue growth from generative AI features in its cloud and ecommerce businesses. AWS CEO Andy Jassy highlighted the incorporation of generative AI into many of its services, with the expectation that it will drive tens of billions of dollars of revenue in the coming years. ....

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5 Cloud Startups to Watch in 2024

It seems like a lifetime ago when the "cloud wars" were raging and debates were happening throughout the tech media landscape as well as internally across organizations – which major cloud will be ....

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Apple's AI is Set to Run on Hardware, Not the Cloud—Here's Why

Apple's plans for artificial intelligence are going the old-school route. In the world of artificial intelligence and large language models, Apple has not been massive in what it has to deliver, particularly as the company did not ride the wave like its competitors, Google and Microsoft did. ....

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