Amazon's Cloud Growth in Focus as Microsoft, Google Struggle

Amazon.com is facing intense scrutiny as investors await its fourth-quarter earnings report on Thursday, where its cloud computing performance will be under the microscope, Reuters reports. This comes after lackluster results from Microsoft and Google sent shockwaves through the tech sector, raising concerns about the viability of massive AI

Japanese AI Software Stocks Soar as DeepSeek Inspires Cost-Effective Innovation

The success of Chinese startup DeepSeek in developing advanced generative AI using less sophisticated hardware is triggering a shift in Japan's AI market, Nikkei Asia reports. Software companies are emerging as the new driving force behind AI stock growth, while hardware-related companies face increasing uncertainty. DeepSeek's

BOJ Rate Hike Imminent? Hawkish Board Member Calls for At Least 1% Interest Rate By Mid-2025

The Bank of Japan (BOJ) may be moving towards a quicker tightening of monetary policy, according to remarks made by board member Naoki Tamura. As reported by Reuters, Tamura, often viewed as the most hawkish member of the board, called for raising interest rates to at least 1% by the

Asia Crackdown on DeepSeek's AI Amidst Security Fears

Governments across Asia are restricting the use of DeepSeek's artificial intelligence services due to security concerns, Nikkei Asia reports. This follows the Chinese startup's recent announcement that it has developed high-performing AI models at a fraction of the cost of its competitors, raising questions about data

Alphabet's Massive AI Investment Raises Concerns Amid Cloud Growth Slowdown

Alphabet, Google's parent company, announced a $75 billion investment in AI for 2025, a 29% increase over Wall Street expectations, but investors reacted negatively to a missed cloud revenue target, sending shares down 9% in after-hours trading. The $75 billion investment is a significant increase from the $52.
Alphabet's Massive AI Investment Raises Concerns Amid Cloud Growth Slowdown

Chinese Tech Giants Embrace Homegrown AI Model DeepSeek

Chinese companies, from chipmakers to cloud providers, are rapidly adopting DeepSeek's AI models, creating a significant shift in the country's AI landscape, Reuters reports. This widespread adoption has led analysts to hail this as a "watershed moment" for the industry. The news follows announcements
Chinese Tech Giants Embrace Homegrown AI Model DeepSeek

Google CEO Touts Efficiency of Gemini Models over DeepSeek

In a move to counter the recent success of China-based AI company DeepSeek, Google CEO Sundar Pichai touted the efficiency of his company's Gemini models during Alphabet’s Q4 2024 earnings call on Tuesday, as reported by CRN. Pichai, speaking to investors, emphasized the cost-effectiveness of Google'
Google CEO Touts Efficiency of Gemini Models over DeepSeek

Alphabet's AI Spending Under Scrutiny as Google Cloud Growth Cools

Alphabet, the parent company of Google, is expected to face intense investor scrutiny over its massive artificial intelligence spending when it releases the latest earnings on Tuesday, Reuters reports. The slowdown in revenue growth within Google's advertising and cloud businesses during the holiday quarter is likely to fuel

Salesforce Cuts Over 1,000 Jobs While Hiring for AI Sales

Salesforce, the leading customer relationship management (CRM) software maker, is cutting more than 1,000 jobs, Bloomberg reports. The layoffs, affecting various divisions within the company, come as Salesforce simultaneously hires salespeople to promote its new AI products. The news, confirmed by a source familiar with the matter, indicates a

Investors Pivot from Big AI Models to Application-Layer

A shift is underway in the AI investment landscape, with investors increasingly looking beyond the large foundation models that dominated recent headlines. According to venture capitalist Josh Wolfe, this shift is driven by concerns over the massive capital expenditures required for those models and the emergence of viable alternatives. In