Matt Day

Microsoft Corp.’s cloud unit posted a larger-than-expected increase in sales, suggesting that the company’s computing infrastructure and artificial intelligence services continue to make inroads with businesses.

(Bloomberg) -- Microsoft Corp. reported more than $130 billion in new data center leases in the past quarter, signaling an accelerating pace of spending on artificial intelligence infrastructure.

Amazon Inc. says it received about $600 million in tariff refunds during the second quarter and pledged to automatically issue reimbursements to consumers under a “limited set of circumstances.”

“In cases where we did see an increase in costs due to tariffs, we largely absorbed these costs rather than pass them on to customers,” Olsavsky said.

The grocery chain has cut prices and expanded its 365 private label selection in a timely bid to attract inflation-bit shoppers.

The chain has been cutting prices and doing a better job than some rivals at keeping inflation in check, according to researcher Numerator.

Whole Foods wages war on its ‘Whole Paycheck’ past with cheaper staples

Amazon Inc.’s cloud chief said customers are starting to shift from using the company’s services to train AI models to integrating them into their businesses — fueling demand for a process known as inference.

(Bloomberg) -- Microsoft Corp. generates most of its artificial intelligence revenue from OpenAI, according to new disclosures from the company.

Under Amazon, Whole Foods is shedding ‘Whole Paycheck’ reputation