Cloud Stocks: Amazon’s GenAI Grows Triple Digits

Amazon (NASDAQ: AMZN) recently announced its third-quarter results that beat market expectations driven by its growth in its cloud and advertising businesses.

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Will Apple’s AI Investments Drive Hardware Sales?

Apple (Nasdaq: AAPL) recently announced its fourth quarter results that continued to outpace market expectations. iPhone sales appear to have made a rebound. Apple is counting on its AI-initiatives to further drive sales of its hardware. But it is early days to see if that strategy will truly pay off.

Cloud Stocks: Microsoft’s AI to Hit $10B ARR

Last week, Microsoft (Nasdaq: MSFT) announced its first quarter results that surpassed market expectations. However, its stock dipped following a weak outlook. 

Meta’s Investment Outlook Keeps Growing

Meta (Nasdaq: META), formerly Facebook, announced its quarterly results last week that outpaced market expectations. But Meta’s plans to continue to increase capex spending during the year, caused its stock to fall 3% in the after-hours trading session.

Cloud Stocks: Analysis of Google’s $2.7B Deal with Character.ai 

Alphabet aka Google (Nasdaq: GOOG) recently reported stronger than expected results for its third quarter driven by the strong momentum in its cloud business.

Cloud Stocks: ServiceNow Expands AI Use Cases

Earlier last week, ServiceNow (NYSE:NOW) reported its third quarter results that continue to surge past market expectations. However, a weak outlook for the coming quarters did not impress the market, and the stock fell 1% in the after-hours trading session.

Cloud Stocks: IBM’s Smaller Granite AI Models Eye Vertical AI

IBM (NYSE: IBM) recently announced results for its third quarter that missed estimates. However, its Software revenue had good momentum driven by its AI business and a sound strategy. Its stock hit an all-time high this week despite the revenue miss.

AI Unicorns: SambaNova’s Chip Competes with NVIDIA

According to a recent report, the global artificial intelligence (AI) chip market size was estimated at $16.86 billion in 2022 and is expected to grow at 30% CAGR to reach $227.48 billion by 2032. While the market leader in the industry remains NVIDIA, there are other players like SambaNova that are playing in both the hardware and the software segment of the rapidly growing AI industry.

AI Unicorns: Hugging Face’s Successful Pivot Away from Teenage Chatbot Engine

According to a recent report, the global Machine Learning Operations (MLOps) market is expected to grow at 44% CAGR to reach $13.3 billion by 2030 from $720 million in 2022. MLOps vendors perform activities that range from supporting model training, testing and validation, deployment, automated model validation, and continuous delivery and deployment.

AI Unicorns: Mistral AI Brings Stiff Competition to Other LLMs

In a market where Open AI and Anthropic remain the giants, there is a relatively new entrant in the space, that is causing quite a stir. Paris-based Mistral AI has been building an alternative to the large language models, and it is being rewarded with a significant market valuation.