Category : Search result: cloud computing banking


Alibaba stock jumps 4.3% on AI-driven cloud growth

Alibaba shares surged over 4% in premarket trading as AI demand drove 34% revenue growth in cloud business. CEO Eddie Wu reports triple-digit AI revenue growth for ninth straight quarter.

Amazon's $50B AI Investment for US Government

Amazon announces massive $50 billion investment to boost AI and supercomputing for US government agencies, enhancing cybersecurity and national security capabilities.

AWS AI Service Capacity Issues Lead to Revenue Loss

Amazon Web Services faced critical capacity constraints with its Bedrock AI service, causing tens of millions in lost revenue and client defections to rivals like Google Cloud. Learn how this impacts India's tech landscape.

India's Banking Debate: Bigger vs Better Banks

As global turbulence intensifies, India faces critical banking choices between consolidation and strengthening. Expert TCA Ranganathan analyzes cyber threats, digital fraud, and climate risks shaping India's financial future.

RBI's Calculated Courage: Banking Norms Eased for Growth

Exclusive insights from RBI's Malhotra on the careful balance between caution and courage that led to relaxed infrastructure lending norms for banks. Discover how this strategic shift impacts India's economic growth.

AWS Marketplace Now Accepts Indian Rupees

Amazon Web Services revolutionizes software procurement in India with local currency support, making digital transformation more accessible for Indian enterprises.

India Needs World-Class Banks: FM Sitharaman

Finance Minister Nirmala Sitharaman announces strategic discussions with RBI and banks to create large-scale, globally competitive Indian banking institutions that can drive economic growth.

Amazon's $38B OpenAI Deal for Nvidia AI Chips

Amazon Web Services strikes a massive $38 billion agreement with OpenAI, securing critical Nvidia AI chips in a strategic move that reshapes the cloud computing landscape and AI infrastructure race.

OpenAI's $38B AWS Deal: AI Industry Game-Changer

OpenAI partners with Amazon Web Services in a groundbreaking $38 billion deal, marking one of the largest cloud computing agreements in AI history. Discover what CEOs of both companies revealed about this strategic partnership.

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