The cloud infrastructure revenue grew by 19% in the first quarter despite budget cuts, generating an impressive $63B in the period. Major players such as Amazon, Microsoft Azure, and Google Cloud remain key contributors. China is back in the game, increasing cloud adoption and driving market growth. Benefits of using cloud technology are clear and evident.
SBI Securities, the trading and investment arm of the State Bank of India, achieved remarkable growth in 2022-23 FY - with revenue +44.8% & net profit +32.2%. Their digital platform drove 3.6 million customers activation and gained 307.5% net profit growth and 236.5% total income growth in 5 years. With CEO Deepak Kumar Lalla's optimism for 25% productivity increase in FY 23-24 - SBI Securities is a great example of customer service enabled success.
. Google's new AI chatbot, Bard, was meant to make complex topics simpler, but has instead prompted a $100 billion drop in market value due to an inaccuracy in their promotional video. They have faced criticism for their lack of information in Google searches, and their reluctance to prioritize AI ethics. With 80,000 employees providing negative feedback upon testing, Google released it with clear notifications. Competitors like Microsoft and OpenAI's ChatGPT have raised concerns, and Google's former AI ethicality leader has expressed her frustration. With clearer focus on AI ethics and transparency, Google can compete with the best.
. Google's new AI chatbot, Bard, was meant to make complex topics simpler, but has instead prompted a $100 billion drop in market value due to an inaccuracy in their promotional video. They have faced criticism for their lack of information in Google searches, and their reluctance to prioritize AI ethics. With 80,000 employees providing negative feedback upon testing, Google released it with clear notifications. Competitors like Microsoft and OpenAI's ChatGPT have raised concerns, and Google's former AI ethicality leader has expressed her frustration. With clearer focus on AI ethics and transparency, Google can compete with the best.
. Google's new AI chatbot, Bard, was meant to make complex topics simpler, but has instead prompted a $100 billion drop in market value due to an inaccuracy in their promotional video. They have faced criticism for their lack of information in Google searches, and their reluctance to prioritize AI ethics. With 80,000 employees providing negative feedback upon testing, Google released it with clear notifications. Competitors like Microsoft and OpenAI's ChatGPT have raised concerns, and Google's former AI ethicality leader has expressed her frustration. With clearer focus on AI ethics and transparency, Google can compete with the best.
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?