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  • People+ai partners with 24 tech organisations to enable open cloud compute infra

    Bengaluru-based people+ai, an initiative of non-profit EkStep Foundation, announced here on Tuesday a partner consortium of 24 organisations aligned on joining the Open Cloud Compute (OCC) project. These companies include American semiconductor company Advanced Micro Devices (AMD) and cloud company Oracle. These partner organisations will act as providers in this compute stack or customers who have a growing need for compute. These also include technology providers, and manufacturing service...

  • Eye on AI: AI boosts growth for cloud giants, ​​US newspapers sue Microsoft, OpenAI

    AI BOOSTS GROWTH FOR CLOUD GIANTSIn the January-to-March quarter, Amazon’s cloud computing arm Amazon Web Services, Microsoft’s Azure and Google Cloud grew at 17%, 31% and 28%, respectively, the companies reported. Analysts said this was a sign that AI is contributing to the growth and that overall cloud spending is also accelerating, Reuters reported. On the other hand, Meta CEO Mark Zuckerberg in its earnings call emphasised the company’s longterm investment in AI, which led to its shares...

  • Tech Giants Intensify AI Investments to Strengthen Connected Economy

    As businesses seek to strengthen the connected economy, they are harnessing artificial intelligence (AI) to bolster security measures and combat the ever-evolving landscape of sophisticated cyberthreats. Accenture and Oracle announced a joint investment in generative AI solutions aimed at helping organizations securely extract more value from their data. Meanwhile, Proofpoint unveiled new email security offerings that combine predelivery, […]