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CLOUD SERVICES SPENDING
Alphabet's heavy cloud spending drives bigger-than-expected cash burnThe company reported negative free cash flow of $9.07 billion, compared with analysts' estimate of a cash burn of $36 million, according to...- Microsoft beats expectations fueled by Azure cloud businessMicrosoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. T...
- Microsoft beats expectations fueled by Azure cloud businessMicrosoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its...
- Jio Platforms' post-IPO playbook: What's ahead for No. 2 of Dalal Street?Reliance Jio Platforms made a blockbuster stock market debut, listing at a 21.4% premium and reaching a $131.5 billion valuation. After Ind...
- AI chip giant SK hynix says quarterly operating profit soars 630%South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artifi...
- AI bubble bursting or just letting out air? Neoclouds may offer cluesElon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Desp...
- Microsoft, Amazon and Google may spend $600 billion on AI in 2026. Will investors see returns?Microsoft, Amazon and Google could spend as much as $600 billion on AI in 2026, but investors want to know whether the massive investment w...
- L&T flags inflation, geopolitical risks, leans on its capabilities to navigate global uncertaintyLarsen & Toubro reported a 33% profit increase for the second quarter, driven by strong order inflows. Infrastructure spending and reconstr...
- Big Tech earnings a test of the AI boom amid market turmoilInvestors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI ...
- Cognizant signs five-year large deal with Europe's EBRDWhile the financial terms were not disclosed, two people privy to the matter told ET that the deal was estimated to be in the range of $100...
- Anthropic IPO puts AI spending under the spotlight as losses mountAnthropic, established by ex OpenAI researchers, is gearing up for an anticipated entry into the stock market in the United States. The org...
- Anthropic vs OpenAI: How Claude maker’s growth is challenging ChatGPT ahead of IPOAnthropic has seen significant revenue growth, reaching $16.29 billion in the first half of 2026. OpenAI continues to expand its business m...
- $7.7 trillion AI bet: Can hyperscalers earn enough to justify the spending?Six major hyperscalers are projected to spend $7.7 trillion on AI between 2026 and 2030, but generating adequate returns will be a challeng...
- US stocks face crucial test as AI earnings, Fed meeting loomUS stocks face a crucial week as earnings from Alphabet, Microsoft and Amazon coincide with the Federal Reserve’s policy decision. Investor...
- Scaling AI agents a bottleneck for Indian enterprises: Dynatrace’s Rafi KatanashoKatanasho believes autonomous agents can fail silently, delivering poor business outcomes without triggering system alerts.
- Amazon cloud capacity sold out through 2027, CEO Jassy saysAmazon CEO Andy Jassy said on Friday that Amazon Web Services' cloud computing capacity is largely sold out through 2027, with significant ...
- Xbox Cloud Playtime launched: What is it, pricing, and everything else you need to knowMicrosoft has unveiled a groundbreaking service called Xbox Cloud Playtime, enabling gamers to stream titles without needing a Game Pass su...
- Anthropic recorded net loss of over $80 billion in first half of this yearThe company generated $16.3 billion in revenue during the six months ended June 30, compared with $1.1 billion in the corresponding period ...
- Half of OVHcloud capacity is available, AI model launching in early 2027: CEO saysThe company has 250 megawatts of capacity connected, of which 140 MW is in operation, leaving 110 MW ready to take on new business, CEO Oct...
- Global Market: South Korea's Elice shares plunge 28% in market debut as data centre stocks shunnedElice, which raised 201.1 billion won ($150 million) in its IPO, provides AI cloud services as well as AI-based education and business soft...
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