AI fuels cloud computing boom for tech giants

AI fuels cloud computing boom for tech giants

By Yuvraj Malik (Reuters) – Three of the Wall Street’s heavyweight technology firms have reported better-than-expected sales at their cloud computing units in recent days, as interest in artificial intelligence drives a rebound in spending by corporate customers. Growth in the $270 billion cloud infrastructure market, a cash engine for Amazon.com, Microsoft and Alphabet, gives …

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The top retail/CPG planned technology spending area is…

The top retail/CPG planned technology spending area is…

Retailers and CPG companies are prioritizing e-commerce spending. A new survey reveals that the number one technology retailers and CPG companies will dedicate funding to may not be dominating the news. According to a new global study of retailers and CPG companies from unified supply chain/retail planning technology provider Relex Solutions, while 57% of retailers …

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Trudeau announces AI spending plan to bolster Canadian infrastructure, computing capacity and safety

Trudeau announces AI spending plan to bolster Canadian infrastructure, computing capacity and safety

The federal government will spend $2.4-billion to bolster access to critical artificial intelligence infrastructure, build domestic computing capacity and create safeguards against the potential downsides of AI technology, Prime Minister Justin Trudeau announced on Sunday. The reveal was the latest in a series of near-daily pre-budget announcements, in which the government has been unveiling its …

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TV, internet, radio, OTT consumption rises for 22% of families despite a 1% dip from previous month: Axis My India Survey

TV, internet, radio, OTT consumption rises for 22% of families despite a 1% dip from previous month: Axis My India Survey

There has been a significant increase in content consumption, per a new survey by Axis My India. Besides, a majority of respondents to the survey indicated that household spending had increased. Overall, Axis My India’s latest India Consumer Sentiment Index (CSI) paints an optimistic picture of consumer spending trends at the dawn of the New …

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