AWS, Azure, Google Cloud, and the enterprise cloud infrastructure market
said it will invest up to $50 billion to build out its AI computing infrastructure for the US government. Based on the company’s AWS cloud platform, Amazon will help build up to 1.3 gigawatts of dedic...
The exact size and shape of AWS global network of data centers has always been a closely guarded secret. A new report from Bloomberg and SourceMaterial sheds some light on AWS’s global reach. Based o...
is trading higher premarket after its cloud division announced “a significant, multi-million-dollar contract” with NATO’s Communication and Information Agency to deliver AI-enabled sovereign cloud cap...
Well, this is the Platonic ideal of a circular AI deal. In a joint press release , , , and Anthropic (maker of the Claude genAI) announced a strategic partnership that includes a slew of 10- and 11-di...
Last month, we wrote that cloud service sneezed, and huge chunks of the internet came down with a pretty bad cold. While it’s not yet that bad, several major websites have been intermittently peaky t...
and are down about 2% premarket after an analyst downgrade and amid a broader AI sell-off, as investors continue to wonder when the hyperscalers’ intense spending on AI infrastructure will pay off. R...
This week, announced plans for “Fastnet,” a new undersea transatlantic fiber-optic cable running from Maryland to County Cork, Ireland. The new, high-capacity cable will carry Amazon Web Services data...
announced another large AI-related investment in the United Arab Emirates today, pledging $7.9 billion for data centers and cloud computing. The deal adds to the $7.3 billion it has already poured int...
managed to pull off its monster quarter without any of those juicy OpenAI deals on its books that many of its competitors had. But now it too has one. The company’s stock, which vaulted on its earning...
Fresh off strong earnings Thursday, saw its stock price end the week at a record closing high of $244.22. The stock is up 10% so far this year. The e-commerce and cloud giant beat analysts’ revenue a...
Now that , , and have reported their earnings, we can get a deeper look at just how much demand for AI computing is fueling their record revenues. The big three cloud companies all saw double-digit r...
may not be found in the tangled web of massive deals that are passing billions between OpenAI, , , , and , but that doesn’t mean it isn’t making bank from the AI race. Last night, Amazon reported stro...
shares soared after the company beat Wall Street’s expectations for third-quarter sales and profit, as revenue from its AWS business jumped. The stock shot up 13% in recent after-hours trading. The co...
Cloud software giant leapt in the after-hours session Wednesday following better-than-expected earnings and the announcement of plans for a 5-for-1 stock split. The company reported: Revenue of $3.41...
posted fiscal first-quarter earnings that beat Wall Street’s expectations, powered by growth in its Azure cloud business. For the quarter ended September 30, the software giant reported adjusted earni...
posted fiscal third-quarter earnings that surpassed Wall Street’s expectations, helped by big growth in its Google Cloud business. Shares soared 5.3% after-hours. For the quarter, the search giant’s p...
After the bell today, will announce its first-quarter fiscal year 2026 earnings. Last quarter was a banger by all measures, with revenue from its Azure cloud business growing at a brisk 39% year on y...
This week, we’ll get an update on how many billions the cloud giants pulled in last quarter. AI has created an insatiable hunger for more cloud computing, and , , and are racing to serve up computin...
has made its deal to expand AI compute to Anthropic, reported earlier this week by Bloomberg, official . In order to train and serve its Claude model, Anthropic has agreed to pay Google Cloud “tens of...
After reporting results Wednesday , is on track for its worst trading day since... well, the last time it reported earnings back in July , as analysts comb through the numbers and raise their collect...