Amazon said Thursday that its cloud unit Amazon Web Services grew revenue by around 16% in the first quarter of this year, a slightly more rapid growth than analysts had estimated. Revenue from AWS totaled $21.35 billion, representing about 17% of Amazon’s overall earnings, according to Amazon’s earnings statement. Analysts surveyed by StreetAccount had anticipated $21.22…
Tuesday’s trading session saw Microsoft close at a record high of $360.53 on the back of renewed growth expectations from a significant artificial intelligence partner. The software maker’s market value has increased by 1.12% per day to approximately $2.68 trillion. All of the main American indexes saw gains for the day; the S&P 500 saw…
Apple stock popped for a short time after Bloomberg News reported that the firm is internally developing its own artificial intelligence large language model. The move signifies Apple is taking advanced steps in AI technology and is thinking of integrating AI into its future products. Apple rarely uses the ‘artificial intelligence’ term and mostly prefers using the academic…
According to LinkedIn’s latest Future of Work report, Singaporean workers are the fastest adopters of AI skills in the world. The report, which collected data from 25 countries, found that Singapore has the highest “spread”, with a 20-fold increase in the proportion of members adding AI skills to their profiles since January 2016. According to…
