Tag: AI

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AI powers Amazon profit growth

Amazon.com Inc. posted a surge in third-quarter profit, lifted by accelerating cloud demand and investment gains, even as hefty legal and restructuring costs weighed on operations.

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.

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Japan talks unlock Philippine farm export gains 

Philippines is moving to expand agricultural exports to Japan while simultaneously importing advanced logistics and post-harvest technologies that officials say could reshape domestic supply chains, Agriculture Secretary Francisco Tiu Laurel Jr. said following meetings in Tokyo.

First Gen: New hydro projects to deliver P16B annual income by 2031

First Gen Corp. expects its upcoming hydro power projects to generate roughly P16 billion in net income annually once fully operational by 2031.

Tourism’s GDP share eases as spending slips

The Philippines’ tourism sector posted a more nuanced performance in 2025: employment continued to rise, but its overall economic footprint softened, pointing to a recovery that is steady in participation but uneven in value generation.

DA reforms El Niño Task Force amid threat of prolonged dry spell

The Department of Agriculture (DA) has reactivated its El Niño task force to prepare for a likely moderate-to-strong dry spell hitting in the fourth quarter of 2026 and lasting into early 2027. DA Secretary Francisco Tiu Laurel Jr. emphasized urgent, coordinated steps to shield crops, farmer incomes, food supply, and prices from harm.

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