Tag: AI
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Oracle soars on AI, multi-Cloud boom
Oracle Corp., the internationally-recognized information technology company, delivered strong fiscal first-quarter results and a bullish outlook, driven by accelerating demand for its multi-cloud infrastructure amid a global artificial intelligence (AI) boom.
Google parent Alphabet Q2 results shine amid AI and Cloud surge
Alphabet Inc., the parent company of Google, exceeded expectations with its second-quarter earnings, driven by strong performance in search, cloud, and AI.
Cisco study: AI driving urgent network overhaul globally
A global shift in enterprise network architecture is underway as artificial intelligence (AI), automation, and real-time data reshape the demands placed on corporate IT infrastructure, according to a new study released Thursday by networking giant Cisco.
PLDT integrates AI, ESG in business strategy
PLDT Inc., the Philippines’ largest fully integrated telecommunications network, recently released its 2024 Annual and Sustainability Report, combining business results with environmental, social, and governance (ESG) disclosures for the first time.
NVIDIA earnings surge despite China hit, eyes AI
NVIDIA, a global leader in accelerated computing, on Wednesday reported revenue of USD44.1 billion in its first quarter ended April—up 12 percent from the previous quarter and 69 percent year-over-year — as global demand for artificial intelligence infrastructure continued to soar. The company reported a 31 percent jump in first quarter net income to USD19.9 billion.
