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…
Google and Alphabet CEO Sundar Pichai said every product of every company will be impacted by the rapid development of AI, warning that society needs to prepare for technologies like the ones it’s already launched. Pichai said, “We need to adapt as a society for it. Jobs that AI would disrupt would include knowledge workers, accountants, architects,…
The European Union has agreed to a landmark plan to boost its chip industry. The initiative, dubbed the European Chips Act, seeks to help the bloc compete with the USA and Asia on technology, and secure control over a critical bit of technology behind the world’s electronics products and devices. The EU Parliament and 27…
Meta’s top leaders, including CEO Mark Zuckerberg, chief technology officer Andrew Bosworth, and chief product officer Chris Cox are spending most of their precious time working on artificial intelligence, according to an interview Bosworth gave to Nikkei Asia Wednesday. Bosworth expressed that some of this work will benefit the metaverse to build the digital world. This shows…
