47 articles tagged
Cloud security firm Wiz has officially completed its merger with Google, vowing to maintain its multi-cloud support for AWS and Azure while focusing on AI-driven security challenges.
Nvidia and Microsoft are solidifying their leadership in the booming AI market, with Nvidia dominating essential hardware and Microsoft leading in cloud-based AI applications.
India is attracting over $67.5 billion in AI data center investments from Microsoft, Amazon, and Google over five years, cementing its role as a global AI infrastructure hub.
Oracle's market value plunged by over $70 billion after the tech giant reported slower-than-expected growth and announced a massive increase in AI spending.
Amazon has committed to investing over $35 billion in India by 2030, targeting the country's cloud and artificial intelligence infrastructure to boost jobs and growth.
Oracle's market value has fallen by approximately $60 billion since it announced a major cloud infrastructure partnership with OpenAI, signaling investor concern.
AI infrastructure firm Nebius announced a $3 billion deal with Meta, boosting its stock despite reporting a wider-than-expected Q3 net loss of nearly $120 million.
Datadog shares surged 23% after the cloud software company reported Q3 revenue of $885.7 million, beating estimates and issuing a strong Q4 forecast.
OpenAI and Amazon Web Services have announced a multi-year, $38 billion partnership, providing the AI company with massive cloud computing resources to power its models.
Microsoft has finalized a $9.7 billion, five-year agreement to purchase AI cloud capacity from IREN Ltd., aiming to bolster its Azure services amid high demand.
Amazon stock surged over 13% after its latest earnings report, driven by a significant reacceleration in AWS revenue growth and a positive shift in its AI narrative. The company increased its capital
Amazon's cloud division, AWS, reported its strongest growth in nearly three years, with sales surging 20% to $33 billion, fueled by massive demand for AI.
