AI fuels cloud computing boom for tech giants

Halifax Regional Police release Dartmouth suspect’s name and photo | SaltWire #news #novascotia - Three of the Wall Street's heavyweight technology firms have reported better-than-expected sales at their cloud computing units in recent days, as interest in artificial intelligence drives a rebound in spending by corporate customers.

Performance was consistent at Microsoft's Azure and Google Cloud, which grew above expectations at 31% and 28%, respectively, in the first three months of the year. The industry has been at the forefront of adopting AI and customers had begun to buy the new functionality at a rapid pace, executives said.

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