Cloud Stocks: Amazon Focuses on AI Tools for Developers

Amazon (NASDAQ: AMZN) recently reported its second quarter results that outpaced market expectations. During the quarter, Amazon continued to add several enhancements to its platform that leverage generative AI capabilities.

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Cloud Stocks: Google Expands Generative AI Beyond Bard

Alphabet aka Google (Nasdaq: GOOG) recently reported it’s second quarter results that continued to outpace all market expectations. After the initial hiccups with generative AI, Google has been focused on releasing much more improved generative AI offerings.

Meta Upgrades its AI Game

Meta (Nasdaq: META), formerly Facebook, recently announced its second quarter results that outpaced market expectations. Like others, Meta is also increasing its AI arsenal to offer innovative use cases.

Cloud Stocks: Analysis of ServiceNow’s G2K Acquisition

Earlier last week, ServiceNow (NYSE:NOW) reported its second quarter results that continued to surpass market expectations. Like everyone else, ServiceNow is also stepping up its efforts within the AI space and announced several new features along with an acquisition.

Cloud Stocks: All Eyes are on Microsoft’s AI Bet

Earlier this week, Microsoft (Nasdaq: MSFT) announced its fourth quarter results that continued to outpace market expectations. But a weak outlook failed to impress the market, and the stock fell 3% in the after-hours trading session.

Netflix Explores Various Monetization Options Including Ads

Earlier last week Netflix (Nasdaq: NFLX) reported a mixed bag second quarter performance. The company continues to drive revenue through improved monetization practices globally.

Cloud Stocks: Analysis of IBM’s Apptio Acquisition

IBM (NYSE: IBM) recently announced mixed results for its second-quarter. The company continues to grow through acquisitions and recently bought Apptio, a Unicorn player whose founder I had spoken with a few years ago. 

H2O.ai Makes AI Approachable to Enterprises

According to a recent report, the global artificial intelligence (AI) market is expected to grow at 37% CAGR from $136.55 billion in 2022 through 2030. The growth in the industry is expected to be driven by the continued research and innovation by tech giants who are helping increase the adoption of this technology in industry verticals, such as automotive, healthcare, retail, finance, and manufacturing. H2O.ai is a leading player in the run to get enterprises comfortable with the AI revolution.

People.ai Leverages AI for Enterprise Sales

According to a Gartner report, by 2025, 70% of all B2B seller-buyer interactions will be recorded or analyzed to extract competitive, deal, and market insights using AI/ML and natural language processing (NLP). By 2025, 75% of B2B sales organizations are expected to replace traditional sales playbooks with AI-based guided selling solutions. Sales force automation platforms such as People.ai are helping drive these sales teams by building and leveraging AI/ML and NLP technologies.

Cloud Stocks: MongoDB Accelerates Atlas Enhancements for Developers

According to a recent report, the Cloud Database and DBaaS Market grew at 11% CAGR from 2019 to 2022. It is expected to grow at 15% CAGR to reach $40 billion by 2029 from $16 billion in 2022. MongoDB (Nasdaq: MDB) recently reported its first-quarter results that surpassed market expectations.