Google rebrands cloud business, adds more artificial intelligence
8 years, 5 months ago

Google rebrands cloud business, adds more artificial intelligence

Live Mint  

Alphabet Inc.’s Google said on Thursday it renamed its business-to-business cloud computing brand and enhanced some enterprise applications using artificial intelligence, the company’s latest gambit to better compete with Amazon.com and Microsoft Corp. in the lucrative cloud business. Discussing the rebranded Google Cloud, Diane Greene, senior vice president of Google’s enterprise business, said the company has made good progress courting customers and improving its technology. “We are closing the gap incredibly fast” with competitors, Greene, a former chief executive officer of VMware who joined Google last year to ramp up its cloud business, told experts and journalists at an event. Although the business is not big enough to break out separately in its quarterly earnings statement, Google reported a 33% surge in “other revenue” in its most recent quarter, which analysts said was probably due largely to gains in cloud computing.

Business Cloud Computing Google Cloud Company Greene Cloud Business  data  company  greene  work  artificial  intelligence  adds  google  apps  cloud  rebrands  using  business  companys

History of this topic

Google set to acquire cybersecurity firm Wiz for $32 billion
Top News
6 days, 17 hours ago

Google set to acquire cybersecurity firm Wiz for $32 billion

Hindustan Times  

Google parent Alphabet Inc. agreed to acquire cybersecurity firm Wiz Inc. for $32 billion in cash, reaching a deal less than a year after initial negotiations fell apart because the cloud-computing startup wanted to stay independent. Google will acquire cloud security platform Wiz for $32 billion, citing the need for greater cybersecurity capacity as artificial intelligence embeds itself in technology …

Alphabet beats sales estimates on Google Cloud growth, revenue jumps to $74.6 billion and shares rise 5%
4 months, 3 weeks ago

Alphabet beats sales estimates on Google Cloud growth, revenue jumps to $74.6 billion and shares rise 5%

Live Mint  

Google parent Alphabet Inc. reported third-quarter sales that climbed more than analysts expected, helped by robust demand for cloud computing services from companies racing to develop or adopt artificial intelligence. “In cloud, our AI solutions are helping drive deeper product adoption with existing customers, attract new customers and win larger deals,” Alphabet Chief Executive Officer Sundar Pichai said in the …

Google’s corporate parent still prospering amid shift injecting more AI technology in search
8 months ago

Google’s corporate parent still prospering amid shift injecting more AI technology in search

Associated Press  

SAN FRANCISCO — Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine that is the foundation of its internet empire. Although the change sparked fear and outrage among online publishers worried their traffic will plummet, Google is still thriving and propelling Alphabet’s success. That division, Google’s fastest growing segment, …

Sundar Pichai shares Google's AI plan to beat Amazon, Microsoft: ‘Incredible opportunity’
11 months, 2 weeks ago

Sundar Pichai shares Google's AI plan to beat Amazon, Microsoft: ‘Incredible opportunity’

Hindustan Times  

Google CEO Sundar Pichai said that in the fourth quarter of 2023 Google Cloud was at a $36 billion annual revenue run rate. At the Google Cloud Next event, Sundar Pichai said that Google Cloud is showing progress owing to deep investments that the company has made in Artificial Intelligence. Google and Alphabet Inc. CEO Sundar Pichai talked about the …

Google Being Penny Wise, Pound Foolish: Spent over $2bn laying people off in 2023, $700mn in 2024
1 year, 1 month ago

Google Being Penny Wise, Pound Foolish: Spent over $2bn laying people off in 2023, $700mn in 2024

Firstpost  

Google spent a substantial $2.1 billion on severance packages and associated costs while downsizing its workforce by over 12,000 employees throughout 2023, as per a report by The Verge. Key contributors to this growth were Google’s core digital advertising and cloud computing businesses, which demonstrated consistent expansion, attributed by CEO Sundar Pichai to investments in generative AI. Despite the layoffs, …

Google, Amazon continue to invest billions into AI that is supposedly ‘miles better’ than ChatGPT
1 year, 4 months ago

Google, Amazon continue to invest billions into AI that is supposedly ‘miles better’ than ChatGPT

Firstpost  

Google and Amazon are investing billions into an AI programme called Claude that is supposedly much better than OpenAI’s ChatGPT. Amazon had invested over $4 billion, whereas Google has invested over $2 billion, and plans to invest more A couple of days ago, Google announced its intention to invest a substantial sum of up to $2 billion in Anthropic, a …

Google-parent Alphabet's cloud division misses revenue estimates, as Microsoft’s cloud booms
1 year, 5 months ago

Google-parent Alphabet's cloud division misses revenue estimates, as Microsoft’s cloud booms

The Hindu  

Google-parent Alphabet's cloud business crawled to its slowest in 10 quarters, sending the company's stock down 5.7% after hours, even as sales at rival Microsoft's cloud unit boomed. The drop in Google’s share price despite beating Wall Street estimates for profit and sales, shows how much investors want the company to deliver gains in artificial intelligence, and shows the cloud …

As Google turns 25, CEO Sundar Pichai pushes for search and AI evolution
1 year, 6 months ago

As Google turns 25, CEO Sundar Pichai pushes for search and AI evolution

The Hindu  

Just as Google prepares to officially turn 25 on September 27, CEO Sundar Pichai affirmed search would continue to be the core of the company’s mission, and that there was much more to be done with it and AI. As Google also races to develop Bard, it has been accused of stealing personal data and creative works from users for …

Amazon has drawn thousands to try its AI service competing with Microsoft, Google
1 year, 7 months ago

Amazon has drawn thousands to try its AI service competing with Microsoft, Google

The Hindu  

Amazon.com’s cloud division has drawn thousands of customers to try out its service vying with Microsoft and Google in a key area of artificial intelligence, an executive told Reuters. Organisations including Sony, Ryanair and Sun Life have tried out Amazon Bedrock, a service the company announced in April that lets businesses create applications with a range of AI models, Vice …

Amazon touts its low-cost cloud computing in generative AI race
1 year, 8 months ago

Amazon touts its low-cost cloud computing in generative AI race

The Hindu  

A key way that Amazon's cloud division aims to set itself apart from rivals perceived to have a leg up on artificial intelligence is by competing on price, an executive said on Tuesday. The AI models behind a viral chatbot like ChatGPT require immense computing power to train and operate, the kinds of costs Amazon Web Services is good at …

Google moves AI chip engineering team to Google Cloud
1 year, 11 months ago

Google moves AI chip engineering team to Google Cloud

The Hindu  

The team at Google which was engineering artificial intelligence chips has been shifted to the Google Cloud sector, according to a report by tech outlet The Information, citing a Google spokesperson. Microsoft’s Azure held 21% while Google Cloud captured 11%. Google’s shifting of the AI chip engineering team could be a sign of the company focusing on cloud offerings which …

Google says Microsoft’s cloud practices are anti-competitive
1 year, 11 months ago

Google says Microsoft’s cloud practices are anti-competitive

The Hindu  

Alphabet's Google Cloud has accused Microsoft of anti-competitive cloud computing practices and criticised imminent deals with several European cloud vendors, saying these do not solve broader concerns about its licensing terms. In Google Cloud's first public comments on Microsoft and its European deals its Vice President Amit Zavery told Reuters the company has raised the issue with antitrust agencies and …

Google says Microsoft cloud practices are anti-competitive
1 year, 11 months ago

Google says Microsoft cloud practices are anti-competitive

Live Mint  

Alphabet's Google Cloud has accused Microsoft of anti-competitive cloud computing practices and criticised imminent deals with several European cloud vendors, saying these do not solve broader concerns about its licensing terms. In Google Cloud's first public comments on Microsoft and its European deals its Vice President Amit Zavery told Reuters the company has raised the issue with antitrust agencies and …

Google invests almost $400 million in ChatGPT rival Anthropic
2 years, 1 month ago

Google invests almost $400 million in ChatGPT rival Anthropic

LA Times  

Alphabet’s Google has invested almost $400 million in artificial intelligence startup Anthropic, which is testing a rival to OpenAI’s ChatGPT, according to a person familiar with the deal. “Google Cloud is providing open infrastructure for the next generation of AI startups, and our partnership with Anthropic is a great example of how we’re helping users and businesses tap into the …

Google buys Israeli security startup Siemplify for $500 million
3 years, 2 months ago

Google buys Israeli security startup Siemplify for $500 million

The Hindu  

Alphabet Inc-owned Google said on Tuesday its cloud division had acquired Israeli cybersecurity startup Siemplify, as the U.S. tech giant expands its security offerings amid rising cyber attacks. Financial details of the deal were not disclosed by the companies, but a source familiar with the matter said Google paid $500 million in cash for Siemplify. The deal came after Google …

Louis Vuitton takes the AI route
3 years, 9 months ago

Louis Vuitton takes the AI route

Live Mint  

Google won a deal to tap its artificial intelligence to help the French owner of Louis Vuitton and Christian Dior provide wealthy customers with a personalized experience when they shop online. The Alphabet Inc. unit will also work with luxury-goods powerhouse LVMH’s individual brands to enhance demand forecasting and inventory management and help better recommend targeted products to clients, top …

HCL Tech Share Price More Than Doubles Since March After Tie-up with Google Cloud
4 years, 6 months ago

HCL Tech Share Price More Than Doubles Since March After Tie-up with Google Cloud

News 18  

HCL Technologies share price reached a new high of Rs 817.50 today, a day after the company and Google Cloud announced that they were expanding their strategic partnership. HCL’s share price gained 3.5 per cent today, hitting the 52-week high. The expansion of the strategic partnership will bring HCL’s Actian portfolio, starting with Actian Avalanche, to Google Cloud. HCL, in …

CNN Business Exclusive: 109 year-old IBM is planning to take on Amazon. Here’s how
4 years, 7 months ago

CNN Business Exclusive: 109 year-old IBM is planning to take on Amazon. Here’s how

CNN  

New York CNN Business — When former IBM cloud leader Arvind Krishna took over the company’s top job earlier this year, the move sent a clear signal about where the company sees its future. To that end, IBM told CNN Business it has set aside $1 billion to invest in other companies in the cloud space — third party software …

IBM must show cloud strategy is working as investors grow restless
5 years, 2 months ago

IBM must show cloud strategy is working as investors grow restless

CNN  

New York CNN Business — IBM may be one of the most iconic American technology companies, but Wall Street no longer views Big Blue as an innovator in a tech landscape dominated by the likes of Amazon, Apple and Google owner Alphabet. Huberty added that chief investment officers surveyed by Morgan Stanley’s AlphaWise data analytics unit found that “views of …

Google is making a $2.6 billion bet on the cloud
5 years, 9 months ago

Google is making a $2.6 billion bet on the cloud

CNN  

New York CNN Business — Google and its parent company Alphabet are making a multi-billion bet on the cloud. Google said Thursday that it has agreed to acquire Looker, a business intelligence platform, for $2.6 billion in cash to bolster its cloud computing division by providing customers with more powerful data analytics. “The combination of Google Cloud and Looker will …

Google Cloud has nowhere near the vast customer base of Amazon, Microsoft: Reuters
6 years, 1 month ago

Google Cloud has nowhere near the vast customer base of Amazon, Microsoft: Reuters

Firstpost  

Google, Microsoft and Amazon combined spent nearly $53 billion on capital expenses last year. Microsoft’s Azure cloud had 69 firms, among them weapons maker Axon Enterprise Inc and business data firm Dun & Bradstreet Co. Thirty four of the companies cited multiple clouds. “There’s a trust factor that wasn’t there before.” Kurian also must reassure some investors bewildered by Google’s …

Google to buy data migration firm Alooma to rival Amazon, Microsoft cloud services
6 years, 1 month ago

Google to buy data migration firm Alooma to rival Amazon, Microsoft cloud services

Firstpost  

Google trails Amazon and Microsoft in the fast-growing business of helping companies move to cloud. Alphabet Inc’s Google said on 19 February it will buy data migration company Alooma, as part of efforts to catch up with bigger cloud service rivals Amazon and Microsoft. Google trails Amazon and Microsoft in the fast-growing business of helping companies move to the cloud, …

Oracle veteran Thomas Kurian to head Google Cloud
6 years, 4 months ago

Oracle veteran Thomas Kurian to head Google Cloud

Live Mint  

San Francisco: Former Oracle Corp product chief Thomas Kurian will replace Diane Greene as head of the cloud division at Alphabet Inc’s Google in the coming weeks, Greene announced in a blog post on Friday, after a tumultuous year for the business. Closing and extending such deals would have given Google Cloud a major boost as it tries to catch …

Google hiring more people outside Silicon Valley in US
7 years, 1 month ago

Google hiring more people outside Silicon Valley in US

India TV News  

Google is hiring thousands of people outside of its Silicon Valley base in the US and will build five more data centres in the country this year. In an investors' call, CEO Sundar Pichai said that Google would be "making significant investments in offices across nine states, including Colorado and Michigan". Riding on Google's growing ad business, Alphabet Inc on …

Cloud computing drives growth for major US tech firms; Microsoft's Azure business nearly doubles
7 years, 4 months ago

Cloud computing drives growth for major US tech firms; Microsoft's Azure business nearly doubles

Firstpost  

The big three cloud vendors also benefit from the decision by many enterprises to build their applications using more than one cloud vendor. “The move to the cloud was one we felt Microsoft could always benefit from, and they’re showing us that they can,” said Kim Forrest, vice president and senior equity analyst at Fort Pitt Capital Group, a portfolio …

Sundar Pichai Sees Google's Future in the Smartest Cloud
7 years, 10 months ago

Sundar Pichai Sees Google's Future in the Smartest Cloud

Wired  

Two days before delivering the keynote at Google I/O, the company's annual State of the Union address, Sundar Pichai is worried about losing his voice. In other words, he hopes the new chip and the new service will set Google's cloud business apart from services offered by its main rivals, including Amazon and Microsoft, the unnamed competitive threat underlying his …

Google parent Alphabet profit surges on mobile, video ads
8 years, 4 months ago

Google parent Alphabet profit surges on mobile, video ads

Live Mint  

Bengaluru: Google parent Alphabet Inc. bested analysts’ estimates for third-quarter profit and revenue on Thursday as the search company showed it has honed its core business for the mobile era and is closing in on the next wave of computing. Google has been dogged by concerns about how it would nudge its vast web advertising business towards mobile, but the …

Google to acquire Apigee, a cloud software company, for $625 million
8 years, 6 months ago

Google to acquire Apigee, a cloud software company, for $625 million

Firstpost  

Alphabet Inc’s Google said on Thursday it is acquiring cloud software company Apigee Corp in a deal valued at about $625 million, the tech giant’s latest effort to claim a greater share of the lucrative cloud business. The service is critical for businesses transitioning to the cloud, Diane Greene, who runs Google’s cloud computing division, said in an interview. During …

Google acquires Apigee in $625 million deal to expand enterprise
8 years, 6 months ago

Google acquires Apigee in $625 million deal to expand enterprise

Live Mint  

New York: Google is buying software development toolmaker Apigee Corp. for $625 million, the latest move by the search giant to bulk up its cloud-based offerings for businesses. Apigee sells a platform that aids companies in managing their APIs, which are programming tools that help developers build software that talks to each other and shares information without revealing the underlying …

PayPal will soon shift its business to Google cloud services
8 years, 6 months ago

PayPal will soon shift its business to Google cloud services

Firstpost  

Alphabet Inc’s Google is close to winning PayPal Holdings Inc as a client for its cloud business, potentially beating out Amazon.com Inc and Microsoft Corp, CNBC reported on Tuesday. While Google is the front-runner, the online payments processor is evaluating the other providers and hasn’t made any decision yet, CNBC reported, citing people familiar with the matter. Google landed Home …

Amazon's New Cloud Prices Show That Google Is Now a Threat
10 years, 3 months ago

Amazon's New Cloud Prices Show That Google Is Now a Threat

Wired  

Amazon just changed the way that it charges for some of its cloud computing services. Amazon has long dominated the market for cloud computing---services that let coders and business run software without setting up their own hardware---but this week's announcement looked like a direct response to a pretty serious threat from Google. Both Google and Amazon hand out discounts to …

Why Google just dumped the 'Enterprise' brand?
10 years, 6 months ago

Why Google just dumped the 'Enterprise' brand?

Firstpost  

‘Enterprise’ is a pass, work has a new meaning now. “Work today is very different from 10 years ago,” that’s what Google Chief Eric Schmidt said in a blogpost while announcing the new name for its division that focused on business customers i.e. “As of today, what was called Google Enterprise is now, simply, Google for Work.” “When we use …

Google opens online store for business applications
15 years ago

Google opens online store for business applications

The Hindu  

March 10, 2010 03:00 pm | Updated November 17, 2021 07:15 am IST - SAN FRANCISCO Google Inc. will sell the online services of other business software makers in an effort to fill its own product gaps and persuade more companies to rely on applications piped over the Internet. The online store marks another step in Google’s crusade to convert …

Discover Related