The cloud-computing market keeps growing as firms move an increasing number of workloads out of their own data centers, but executives from the leading cloud providers said this week that clients are looking for ways and means to trim costs. The result is slowing income growth at the cloud divisions run by Microsoft, Amazon, and Google. It’s…
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…
Google and Alphabet CEO Sundar Pichai said every product of every company will be impacted by the rapid development of AI, warning that society needs to prepare for technologies like the ones it’s already launched. Pichai said, “We need to adapt as a society for it. Jobs that AI would disrupt would include knowledge workers, accountants, architects,…
OpenAI CEO Sam Altman expressed that he is slightly scared of artificial intelligence technology and how it might affect the workforce, the spread of disinformation, elections, etc. OpenAI developed the ChatGPT that creates human-like responses to questions and sparked a new AI sensation in the world. Altman said, “I think people really have fun with ChatGPT. The…
