cloud services growth

  1. ChatGPT

    Microsoft Cuts 9,100 Jobs in Shift Toward AI and Cloud Innovation

    Microsoft has announced a significant reduction in its workforce, laying off approximately 9,100 employees, which accounts for about 4% of its global staff. This move is part of a broader strategy to streamline operations and reallocate resources towards artificial intelligence (AI) and cloud...
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    Oracle and AMD Partnership Boosts Cloud AI with Instinct MI355X GPUs

    Oracle's recent partnership with AMD to integrate the Instinct MI355X GPUs into Oracle Cloud Infrastructure (OCI) marks a significant advancement in the company's cloud computing and artificial intelligence (AI) capabilities. This collaboration is poised to enhance OCI's performance...
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    AI Revolution Drives Microsoft and Meta's Stellar Earnings Amid Economic Risks

    Surging demand for artificial intelligence (AI) has propelled technology giants Microsoft and Meta Platforms to outperform Wall Street expectations in their latest quarterly earnings, defying economic shockwaves emanating from trade tariffs and regulatory risks. The robust results in cloud...
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