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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The leading cloud infrastructure provider has lined up significant capital expenditure to catch up with the generative AI pace set by Google and Microsoft.
Amazon Web Services is in a bit of a pickle.
Earlier this month, Amazon.com Inc. announced its financial results for its second quarter of 2023. The AWS segment’s sales increased 12% year-on-year, reaching $22.1 billion. However, the growth rates of AWS have dropped substantially over the last three quarters—from 20% to 16% to 12% this quarter. AWS’s operating income has also declined for three consecutive quarters. This is even more worrying since the AWS division has been a growth driver for Amazon over the years (of its other two, the North America segment rebounded from Q2 operating income losses last …
The Indian mother and baby products retailer has been slow to grow in the two largest markets of the Gulf. What gives?
Who’s going to lead the IPO party, what’s going to drive the market, where are some of the leading businesses headed, and more.
Global tech giants and Indian conglomerates are setting up cloud and AI infrastructure, supported by public resources, but the wider payoff is unclear.
