Business

Amazon cloud giant AWS wants public sector to embrace AI

Amazon's AWS, the world's biggest cloud computing outfit, is making a major push to entice the public sector to join the artificial intelligence revolution, as the generative AI race with Microsoft and Google heats up.

Business

Chinese AI market optimistic despite scrutiny from West

China's AI sector showed confidence this week at a major fair in Shanghai that it would overcome restrictions imposed by the West, with companies rolling out cutting-edge products developed by a growing pool of young talent.

Business

Lufthansa issues profit warning, launches 'turnaround'

German airline giant Lufthansa slashed its 2024 profit forecast Friday after a weak second quarter and launched a "turnaround" plan for its flagship carrier, which it warned might not break even.

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