Microsoft’s AI edge under scrutiny as OpenAI turns to rivals for cloud services

Share via:



Microsoft investors head into Wednesday’s earnings with one big question: is the company’s artificial intelligence edge at risk as partner OpenAI turns to rivals Google, Oracle and CoreWeave for cloud services?

Exclusive licensing deals and access to OpenAI’s cutting-edge models have made Microsoft one of the biggest winners of the generative AI boom, fueling growth in its Azure cloud business and pushing its market value toward $4 trillion.

In the April-June quarter, the tie-up is expected to have driven a 34.8% increase in Azure revenue, in line with…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Microsoft’s AI edge under scrutiny as OpenAI turns to rivals for cloud services



Microsoft investors head into Wednesday’s earnings with one big question: is the company’s artificial intelligence edge at risk as partner OpenAI turns to rivals Google, Oracle and CoreWeave for cloud services?

Exclusive licensing deals and access to OpenAI’s cutting-edge models have made Microsoft one of the biggest winners of the generative AI boom, fueling growth in its Azure cloud business and pushing its market value toward $4 trillion.

In the April-June quarter, the tie-up is expected to have driven a 34.8% increase in Azure revenue, in line with…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Affordable Homestay Near Dwarka Mor Metro Station – Garvik...

New Delhi , December 24: Finding an affordable...

Double H-1B whammy narrowing path to the grand American...

The grand American dream for Indians is about...

Driving AI for India’s urban transformation

India’s hosting of the AI Impact Summit in...

Popular