July 27 - AI, cloud bonanza for Google, Microsoft | Cyber disclosure rule to watch

Google Cloud extends profitability run, executives hype AI-optimized infrastructure; SEC votes to overhaul disclosure rules for material cyber events; Microsoft pushes AI as GitHub Copilot for Business hits 27K customers [View online]( | [Signup]( | [Forward]( [CIO Dive]( Daily Dive July 27, 2023 | Today’s news and insights for tech leaders [Industry Dive]( TRENDLINE [How CISOs Are Securing the Cloud]( Organizations are navigating a complex vendor landscape and working to defend their ever-vulnerable technology supply chain. Learn why cloud services are key in managing cyber risk in [this Trendline.]( Welcome --------------------------------------------------------------- Welcome to today's edition of CIO Dive. This free newsletter is a benefit of your membership with the Informa events community. More than 2.6 million business leaders rely on our newsletters for industry news and insights every day. Here are a few subscription options: - We have 20+ other business newsletters. 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[Microsoft leans on Azure, AI as cloud business grows]( The tech company’s public cloud platform accounted for more than half of its annual cloud revenue in FY2023, CEO Satya Nadella said. --------------------------------------------------------------- [Google Cloud extends profitability run, executives hype AI-optimized infrastructure]( Alphabet’s cloud division delivered its second-consecutive quarter of positive income gains, even as customers continued to streamline their spend. --------------------------------------------------------------- [SEC votes to overhaul disclosure rules for material cyber events]( After a fierce debate, the agency voted to require companies to come clean on material breaches and attacks within four business days of determination. --------------------------------------------------------------- [Microsoft pushes AI as GitHub Copilot for Business hits 27K customers]( Airbnb and Dell are among the organizations currently using the service, which became publicly available in February. 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