The sector has been left behind in the euphoria over artificial intelligence sweeping through the stock market
There is one notable corner of the tech world that has not been touched by the artificial intelligence euphoria sweeping through the stock market. If generative AI really does represent the next great sales opportunity for the tech industry, then software companies ought to be among the biggest winners. After all, most AI is likely to show up as enhanced features in the business software that companies rely on in their daily operations.
Even if sales are still negligible, the software companies report huge interest from customers in piloting their new AI services. This may mean the AI dividend has just been delayed. Yet the disruptive threats from AI suggest things will not be so straightforward. One is the upheaval to the cloud companies’ business model. Most rely on charging per-seat subscriptions, meaning their revenue goes up in line with the number of workers using their services.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alibaba Cloud reveals its datacenter design and homebrew network used for LLM training15,000 GPUs per DC, in hosts packing eight apiece, plus nine NICs – helped by switches with custom heat sinks
Read more »
Alibaba Cloud unleashes thousands of Chinese AI models to the worldLike Bedrock or Azure OpenAI Studio – but with the added fun of geopolitical risk
Read more »
SAP customers warned on hidden risks in the unofficial route to the cloudBut RISE with SAP can also be too rigid for some customers, Gartner says
Read more »
Oracle fears that US TikTok ban would dent its cloud profitsDance! Dance for me!
Read more »
Planning to optimize your cloud usageThe evolving nature of cloud platforms based on experience
Read more »
The multi-faceted cloudWhat evolving cloud adoption means for business-critical applications
Read more »