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Companies Weigh Growing Power of Cloud Providers Amid AI Boom
Business

Companies Weigh Growing Power of Cloud Providers Amid AI Boom

A wave of partnerships between AI model makers and cloud providers is leading tech chiefs to assess the benefits of convenience versus becoming too reliant

Citigroup profit drops 36% as trading slump casts cloud over earnings By Reuters
Stock Market

Citigroup profit drops 36% as trading slump casts cloud over earnings By Reuters

© Reuters. Customers use ATMs at a Citibank branch in the Jackson Heights neighborhood of the Queens borough of New York City, U.S. October 11,

KPMG Plans $2 Billion Investment in AI, Cloud Services
Business

KPMG Plans $2 Billion Investment in AI, Cloud Services

An expanded partnership with Microsoft is expected to bring in $12 billion in revenue for KPMG over five years, the Big Four accounting firm said.

Amazon touts its low-cost cloud computing in generative AI race By Reuters
Stock Market

Amazon touts its low-cost cloud computing in generative AI race By Reuters

© Reuters. FILE PHOTO: The logo of Amazon Web Services (AWS) is seen during the 4th annual America Digital Latin American Congress of Business and

IBM mulls using its own AI chip in new cloud service to lower costs By Reuters
Stock Market

IBM mulls using its own AI chip in new cloud service to lower costs By Reuters

© Reuters. FILE PHOTO: The logo for IBM is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New

KPMG plans $2 billion investment in AI and cloud services
Stock Market

KPMG plans $2 billion investment in AI and cloud services

© Reuters. FILE PHOTO: The KPMG logo is seen at the company’s head offices in Parktown, Johannesburg, South Africa, September 15, 2017. REUTERS/Siphiwe Sibeko/File Photo

Salesforce to raise prices of some cloud products from August By Reuters
Stock Market

Salesforce to raise prices of some cloud products from August By Reuters

© Reuters. FILE PHOTO: A logo of Salesforce is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at

Exclusive-Google says Microsoft cloud practices are anti-competitive By Reuters
Finances

Exclusive-Google says Microsoft cloud practices are anti-competitive By Reuters

© Reuters. FILE PHOTO: A person walks next to the Google Cloud logo at the Mobile World Congress (MWC) in Barcelona, Spain February 27, 2023.

Analysis-Alibaba overhaul leaves fate of prized cloud unit up in the air By Reuters
Stock Market

Analysis-Alibaba overhaul leaves fate of prized cloud unit up in the air By Reuters

© Reuters. FILE PHOTO: The logo of Alibaba Group is seen at its office in Beijing, China January 5, 2021. REUTERS/Thomas Peter By Josh Horwitz

Nordnet announces five-year partnership with Google Cloud
Finances

Nordnet announces five-year partnership with Google Cloud

Pan-Nordic digital platform for savings and investments Nordnet today announced an expanded, five-year partnership with Google Cloud to drive innovation and accelerate its transition to