Microsoft AI Revenue Surges to $10 Billion Milestone
Microsoft’s AI business is on track to reach a $10 billion annual run rate in record time, driven by significant enterprise adoption. read more
OpenAI Integrates Web Search to Challenge Google
OpenAI’s ChatGPT now features live web search capabilities, directly challenging Google’s dominance in online search. read more
Amazon Eyes Generative AI for Long-Term Growth
Amazon identifies generative AI as a primary growth area, investing heavily in cloud infrastructure to support this sector. read more
Santander Delays UK Results Amid Car Loan Ruling Impact
Santander postpones UK results due to potential financial implications of a court ruling on car loan commissions. read more
AWS Reports Strong Double-Digit Revenue Growth
AWS revenue climbs by 19% year-on-year as demand for cloud capacity intensifies, especially in AI. read more
Microsoft AI Tools Gaining Ground in Fortune 500
Microsoft’s AI-powered Copilot is adopted by 70% of Fortune 500 companies, showcasing rapid enterprise integration. read more
Amazon’s CapEx Soars in Response to AI Demand
Amazon’s capital expenditure reaches $22.6 billion as it invests in data centres and AI infrastructure. read more
Regulatory Threat Looms Over Santander’s UK Operations
Financial Conduct Authority’s investigation into car finance may lead to substantial redress obligations for Santander. read more
Data Centres’ Rising Energy Demand May Impact Gas Supplies
AI-driven data centres could drive gas demand up to six billion cubic feet daily by 2030, impacting global resources. read more
Amazon’s Market Capitalisation Surpasses $2 Trillion
Amazon’s valuation rises with positive performance in AI and advertising, pushing the company’s worth beyond $2 trillion. read more
Starling Bank Rolls Out In-App Scam Prevention Feature
Starling Bank introduces an in-app call status feature to help customers identify genuine bank communications. read more
Microsoft’s Bing Gaining Traction in Search Advertising
Microsoft’s AI-driven Bing search is slowly expanding its share of the search advertising market. read more
Generative AI Seen as Next Big Tech Growth Frontier
Amazon, Meta, Microsoft, and Alphabet compete intensely for leadership in generative AI, described as “cloud 2.0”. read more
Energy Impact of AI Poses Sustainability Challenges
AI’s energy demands strain sustainable power resources, pushing industry leaders to rethink energy solutions. read more
Amazon’s Quarterly Income Exceeds Analyst Expectations
Amazon’s quarterly income of $15.3 billion outperforms projections, bolstered by cloud and advertising gains. read more
Santander Faces Costly Redress on Car Finance Commissions
Santander braces for potential compensation costs following a court ruling against car loan commission practices. read more
OpenAI’s New Search Feature Adds Source Citations for Accuracy
OpenAI’s search function includes citations to counteract AI hallucinations and build user trust. read more
Amazon Projects Higher Seasonal Revenue Despite Rising Costs
Amazon forecasts strong holiday sales growth, with projections between $181.5 billion and $188.5 billion for Q4. read more
Microsoft-OpenAI Alliance Bolsters Azure in Cloud Competition
Microsoft’s exclusive deal to run OpenAI models on Azure strengthens its position against AWS. read more
Amazon’s Investment in AI Spurs Revenue but Reduces Margins
Despite high AI spending, Amazon’s operating margins face pressure amid robust cloud and ad revenue growth. read more
AI Sector Growth Draws Caution on Economic Impact
Rising AI-related investments lead to a cautious stock market response, affecting tech stocks across major indices. read more
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