Dow Jones Futures Rise, Banks Jump As First Citizens Buys Silicon Valley Bank

Futures rose as bank fears ease. First Citizens will buy Silicon Valley Bank. Microsoft and Tesla are near buy points. Read More...

The Wall Street Journal

Microsoft, Google, Amazon Look to Generative AI to Lift Cloud Businesses

The three largest cloud companies— Amazon.com Microsoft and Alphabet Google—have put the potential of new, so-called generative AI at the center of their sales pitches to try to capitalize on the explosion in interest in applications like the viral chatbot ChatGPT. Microsoft Chief Executive Satya Nadella has made presentations at sales meetings in the company’s Redmond, Wash., headquarters and New York office on how companies can increase efficiency using AI through its Azure cloud, said people familiar with the matter. Google said this month that it would sell access to one of its largest AI programs, the Pathways Language Model, to software developers using the company’s cloud services.

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