Tag: AI

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Oracle soars on AI, multi-Cloud boom

Communications & Technology Context.ph Context.ph -
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

Communications & Technology Context.ph Context.ph -
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

Communications & Technology Context.ph Context.ph -
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

Social Responsibility & Sustainability Context.ph Context.ph -
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

Markets Context.ph Context.ph -
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.
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Marcos signals more regional wage hikes ahead nationwide

Economy 0
President Ferdinand Marcos Jr. said more Filipino workers could receive higher minimum wages in the coming months as regional wage boards move closer to completing reviews that could lead to additional pay increases across the country.

PAL expands Japan, Australia fights for holiday travel sure

Transport & Logistics 0
Philippine Airlines (PAL) is ramping up flights to Japan and Australia ahead of the winter, Christmas, and New Year travel season, expecting strong demand from holidaymakers, overseas Filipinos, and business travelers while boosting cargo capacity on key international routes.

Korean investments set to power Luzon Economic Corridor growth 

Trade & Investments 0
South Korean investments in semiconductors, shipbuilding, rail infrastructure, and energy are poised to accelerate the Luzon Economic Corridor (LEC), strengthening the Philippines' manufacturing base and reinforcing its role in regional supply chains.

Chowking doubles down on value as consumers tighten spending 

Corporate 0
As Filipino households become more cautious with everyday spending, Chowking is sharpening its value-for-money strategy, betting that affordable, satisfying meals will remain a key draw for consumers navigating higher living costs.

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