Google's cloud outpaces rivals in third quarter as AI battle heats up

One takeaway from tech earnings reports this week is that Google's cloud business is gaining momentum.

Business - CNBC - November 2

Hermes outperforms rivals as sales climb in the third quarter

Luxury goods group Hermes International outperformed rivals as it grew sales despite headwinds in China.

Business - MarketWatch - October 24

Google Cloud launches AI Agent Space amid rising competition

VentureBeat's viewing of the AI Agent Space revealed only 19 distinct agent models available for use, a fry cry from cloud rivals.

Tech - VentureBeat - 3 hours ago

Google’s AI-Fueled Results Bode Well for Rivals Amazon and Microsoft

Sales gains in its cloud business point to growing, sustained demand for AI-juiced computing power.

Business - Inc. - October 30

Race heats up in Michigan as candidates battle for state's 15 electoral votes

With close to 50 visits, both candidates see Michigan as crucial to their path to victory. Michigan has 15 electoral votes. Jericka Duncan reports from Detroit on the final moments of this ...

Battle to replace McConnell as Senate GOP leader heats up in final sprint

The temperature is rising in the battle to lead Senate Republicans, with Sens. John Thune (S.D.) and John Cornyn (Texas) facing a one-week sprint to win the top spot after the GOP clinched control ...

Politics - The Hill - November 7

The big-money battle to host an F1 race is heating up

To continue growing, F1 will need to tread a narrow line between the sport's new audience and its core motor racing fans.

Business - CNBC - November 11

Amazon steps up effort to build AI chips that can rival Nvidia

Big Tech group’s Annapurna Labs is spending big to build custom chips that lessen its reliance on market leader

Business - Financial Times - November 12

Perplexity Adds Shopping Features As AI Search Heats Up

Big tech firms and AI providers continue jockeying for an edge in the increasingly competitive search market.

Business - Inc. - 2 days ago

AI cloning of celebrity voices outpacing the law, experts warn

David Attenborough among famous people whose voices have been exploited by fraudsters. It’s the new badge of celebrity status that nobody wants. Jennifer Aniston, Oprah Winfrey and Kylie Jenner ...

World - The Guardian - 2 days ago

Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push

Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligence

Tech - ABC News - October 30

Google’s strong earnings boosted by cloud computing gains

Parent company Alphabet’s shares rise 6% as results show lift from AI demand

Business - Financial Times - October 30

Google's Cloud Business Powers Accelerating Revenue Growth

Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.

Business - The Wall Street Journal - October 29

AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up

AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.

Tech - VentureBeat - November 13

AI search wars heat up: Genspark adds Claude-powered financial reports on demand

Distill Web gives users the ability to look up of 300,000-and-counting public companies and generate polished financial reports.

Tech - VentureBeat - November 14

UK economy stalls in third quarter

GDP shrinks in September, highlighting challenges for Labour’s growth promises

Business - Financial Times - 6 days ago

Google is winning the AI search wars

But rival products from Apple and OpenAI will continue to attract users

Business - Financial Times - October 31

Sequence launches on Google Cloud Marketplace for Web3 gaming tech

Sequence, the all-in-one platform for building Web3 games, has partnered with Google Cloud Marketplace to widen its reach to game developers.

Tech - VentureBeat - October 24

European Google rivals partner on search engine infrastructure to counter Big Tech

Ecosia and Qwant are partnering to build a European search index and reduce their dependence on U.S. Big Tech firms.

Business - CNBC - November 12

Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter

We're reiterating our 1 rating and raising our price target to $240 price target from $220.

Business - CNBC - November 1

AI, politics and the battle against misinformation

Discussion of the political impact of artificial intelligence from the FT’s Future of AI summit

World - Financial Times - November 14

Tesla Surprises Wall Street With Strong Third-Quarter Results

The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.

Business - The Wall Street Journal - October 24

Clariant Third-Quarter Profits Miss Expectations

The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.

Business - The Wall Street Journal - October 29