Microsoft has unveiled a new cloud data and analytics platform, Microsoft Fabric, that sets it ahead of Amazon and Google with its suite of cost-saving tools for enterprise customers. The platform features a single data lake called OneLake that accommodates all kinds of data from external sources, offering flexibility, data quality, transparency and governance. While AWS has an overall revenue lead, analysts suggest Microsoft Fabric could give it an advantage in enterprise analytics and data capability. Currently in public preview, Microsoft Fabric will add more features soon.
Generative AI start-up, Runway, secures $100m from a top cloud provider, believed to be Google, and signs a $75m cloud deal. This deal underlies the increasing interest of cloud providers in AI. Runway's new valuation is $1.5bn.
Microsoft's partnership with OpenAI's ChatGPT helped to power their cloud apps and services and upcoming AI-powered products put them in the driver's seat. Wedbush raised their share price, hailing AI as the catalyst for competition against AWS.
Discover the top 5 takeaways from Microsoft Build 2023 in partnership with OpenAI and ChatGPT on the latest episode of Voicebot podcast. Exciting developments for the marketplace discussed. Stream it on YouTube or listen to the audio version.
Microsoft's shares rise over 1% as Wedbush Securities report highlights the potential of AI integration, including ChatGPT technology, boosting the company's monetization opportunities. Analyst Dan Ives predicts Microsoft to benefit from the $800bn AI market over the next decade with a target share price of $375. #Microsoft #AI #ChatGPT #WedbushSecurities #DanIves #Monetization
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?