Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024 NYT: Technology By: Karen Weise 30 April 2024 at 18:24 The company also reported that profit more than tripled, to $10.4 billion, topping Wall Street expectations. Β© Karsten Moran for The New York TimesAmazon has been focusing on shipping products quickly by putting more items closer to customers. The companyβs cloud computing business is also growing.
A.I. Start-Ups Face a Rough Financial Reality Check NYT: Technology By: Cade MetzοΌ Karen Weise and Tripp Mickle 29 April 2024 at 00:01 The table stakes for small companies to compete with the likes of Microsoft and Google are in the billions of dollars. And even that may not be enough. Β© Aaron Fernandez
In Race to Build A.I., Tech Plans a Big Plumbing Upgrade NYT: Technology By: Karen Weise 27 April 2024 at 05:05 The spending that the industryβs giants expect artificial intelligence to require is starting to come into focus β and it is jarringly large. Β© Krisztian Bocsi/BloombergMicrosoft said generative A.I. had contributed to more than a fifth of the growth of its cloud computing business.
Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit NYT: Technology By: Karen Weise 25 April 2024 at 18:48 The tech giantβs quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence. Β© Michael M. Santiago/Getty ImagesIn recent quarters, Microsoftβs A.I. push has helped it gain market share from Amazon, the leading cloud services provider.
Microsoft Makes a New Push Into Smaller A.I. Systems NYT: Technology By: Karen Weise and Cade Metz 23 April 2024 at 01:18 The company that has invested billions in generative A.I. pioneers like OpenAI says giant systems arenβt necessarily what everyone needs. Β© Michael M. Santiago/Getty ImagesThe smallest Microsoft Phi-3 model can fit on a smartphone, and it runs on the kinds of chips that power regular computers.
Amazon Adds $2.75 Billion to its Stake in Anthropic NYT: Technology By: Karen Weise 27 March 2024 at 13:27 The latest investment brings Amazonβs total stake in the San Francisco company to $4 billion. Β© Jackie Molloy for The New York TimesAnthropicβs Claude chatbot competes with OpenAI and Google.