Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Qilai Shen | Bloomberg | Getty Images Alibaba‘s Hong...
Tag : Cloud Computing
Alibaba’s Hong Kong shares jump nearly 19% as AI boom drives cloud unit sales
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images Hong Kong-listed shares of Alibaba...
For the first time, OpenAI models are available on AWS | TechCrunch
Sam Altman’s blow torch to his competitors is so hot, it even includes a new partnership with Amazon Web Services. As OpenAI announced two open-weight...
Amazon issues light guidance, noting ‘tariffs and trade policies’ as factors
Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon...
Amazon’s Mixed Earnings Report Sends Share Prices Down
As much as Amazon may have wanted to dodge the spotlight in President Trump’s trade war, there was no avoiding it for America’s largest online...
Microsoft Profit Increases 18% While It Slows A.I. Spending
Since the release of the ChatGPT chatbot in 2022, Microsoft has plowed more and more money into building data centers in what one industry analyst...
How to Protect Your Phone While Traveling Abroad
When I travel to Asia this summer, I plan to leave my iPhone at home. Instead, I’ll pack a different phone lacking my staple apps,...
Google Seals $32 Billion Deal for Cyber Start-Up Wiz
Google agreed to buy Wiz, a fast-growing cybersecurity start-up, for $32 billion in the company’s biggest push to strengthen its cloud-computing business and expand beyond...
Figma in Talks With Bankers to Explore an I.P.O. This Year
Figma, a cloud-based design platform, has met with investment banks in recent weeks to discuss an initial public offering that could come as soon as...