News list for "computing service"
Nvidia is reducing its focus on its cloud computing business, DGX Cloud, which had been positioned as a competitor to Amazon Web Services, according to people familiar with the matter. The company now plans to use the service, which consists of servers powered by its artificial intelligence chips, primarily for its own researchers, rather than actively seeking outside corporate customers, according to a person with direct knowledge of the situation. The company had ambitious goals for the cloud ...
Microsoft's quarterly revenue topped expectations on Wednesday on the back of strong growth in its Azure cloud computing business, giving investors confidence that its huge investment in artificial intelligence is paying off and sending the company's shares up more than 6 percent in after-hours trading. The result is likely to ease concerns about slowing demand for artificial intelligence after some analysts pointed to Microsoft's cancellation of data center leases as a sign of overcapacity. Inv...
