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  • Microsoft's AI lead puts Amazon cloud dominance on watch

    Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com as more businesses switch to its services, attracted by a clutch of generative AI features that are powered by OpenAI's technology. The Redmond, Washington-based software giant has beaten rivals Amazon and Google-parent Alphabet to the market with AI services including the Copilot, a set of genAI tools that work in Microsoft's business apps, that was rolled out in...

  • Cloud and AI give Microsoft a very strong Q3 result

    Microsoft’s quarterly sales and profit exceeded expectations, thanks to strong demand for the company’s cloud computing and artificial intelligence products. Just this week, Microsoft announced deals with Coca-Cola and Cognizant. Revenue for the third quarter, which ended March 31, rose 17% to $61.9 billion, while profit was $2.94 per share. Analysts had expected earnings per […]

  • UK watchdog targets Microsoft, Amazon AI deals

    The UK’s Competition and Markets Authority took aim at Microsoft and Amazon’s dealings with AI start-ups, inviting comment from market players to determine if recent partnerships have the potential to hurt competition in the country.