According to the CEO of one AI startup, “Today’s artificial intelligence systems are akin to the dial-up internet of yesteryear. The space is in need of a reality check.” Sachin Duggal, Co-founder and CEO of Builder.ai said that we have only just started to imagine what is possible with AI. Duggal said, “We’re only in…
The cloud-computing market keeps growing as firms move an increasing number of workloads out of their own data centers, but executives from the leading cloud providers said this week that clients are looking for ways and means to trim costs. The result is slowing income growth at the cloud divisions run by Microsoft, Amazon, and Google. It’s…
More than two months since the ChatGPT sensation hit China, similar artificial intelligence-based chatbots are yet to reach China’s population at large. Instead, the most well-known options released by Baidu, Alibaba, and other companies have limited/restricted access with waitlists to business partners. ChatGPT reached around 100 million monthly active users just two months after its launch event in November. But…
Amazon said Thursday that its cloud unit Amazon Web Services grew revenue by around 16% in the first quarter of this year, a slightly more rapid growth than analysts had estimated. Revenue from AWS totaled $21.35 billion, representing about 17% of Amazon’s overall earnings, according to Amazon’s earnings statement. Analysts surveyed by StreetAccount had anticipated $21.22…
