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Google Cloud growth slows as Alphabet net income plunges

CIO

Even though Google Cloud revenue growth showed signs of slowing, it nevertheless provided something of a bright spot as parent company Alphabet — hit hard by the tightening of customer budgets — posted a year-over-year decline in net income for its 2022 fourth quarter. Net income (profit) was $13.6 billion to $2.3

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AWS revenue growth stabilizes with a boost from generative AI-led services

CIO

AWS posted a stable 12% revenue growth in the third quarter of 2023 buoyed by demand for generative AI-led services, despite customers trying to optimize their cloud spending. Competitors are catching up fast with twice the revenue growth rate as AWS tries to defend its position as the largest public cloud provider.

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AES enlists AI to boost its sustainable energy business

CIO

As part of that partnership, Google operates AES’ private cloud platform in its data centers. million bump in 2023, and the company predicts the analytics and machine learning platform’s contribution will increase to $8 million in 2024. The Farseer and AMART program, which kicked off in July 2022, generated $3.4

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‘Capgemini Earthlings Ecopreneur’ Platform empowers employees towards reaching net zero goals – Powered by Google Cloud

Capgemini

‘CAPGEMINI EARTHLINGS ECOPRENEUR’ PLATFORM EMPOWERs EMPLOYEES TOWARDS REACHING NET ZERO GOALS- POWERED BY GOOGLE CLOUD Tamalika Chakraborty/ Shoubhik Ghosh/ Debasish Rakshit 3 Feb 2023 Facebook Twitter Linkedin Capgemini is committed to be carbon neutral for its own operations and be a net zero business by 2030.

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Honeycomb Closes Best Quarter in Company History Fueled by Rapid Adoption Among Engineering Teams

Honeycomb

SAN FRANCISCO – OCTOBER 16, 2023 – Honeycomb , the observability platform that enables engineering teams to solve problems they couldn’t before, today announced several growth milestones, signaling strong product fit and market demand despite shrinking IT budgets amid a down economy.

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JLR revs up AI and intelligent automation initiatives

CIO

JLR’s move to electric drive trains is part of a wider business transformation the company calls Reimagine, under which it also plans to halve greenhouse gas emissions from its supply chain and operations, compared to 2019 levels, by 2030, and to reach net zero carbon emissions by 2039. It’s been a great success,” says Battle.

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JLL reinvents itself for the AI era

CIO

At the heart of JLL’s transformation into a technology provider is the cloud infrastructure JLL built using AWS, Google Cloud Platform, and Microsoft Azure, as well as Snowflake for data storage and Azure AI and Databricks for AI models.