Amazon plans to invest up to $50 billion for “AI and supercomputing infrastructure” for the US government
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...
Amazon now has 900 data centers spread across 50 countries, report says
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...
Google jumps after announcing “significant, multi-million-dollar contract” with NATO to deliver sovereign cloud capabilities
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...
Microsoft, Nvidia investing in Anthropic; Anthropic to buy $30 billion in Azure computing capacity
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...
The internet’s being weird again; this time it seems to be Cloudflare’s fault
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...
Analyst downgrades Microsoft and Amazon, saying GenAI economics are “far weaker than assumed”
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...
Big Tech’s most important infrastructure is at the bottom of the sea
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...
Microsoft pledges $8 billion for data centers, cloud computing in UAE
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...
OpenAI inks $38 billion deal with Amazon for compute
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...
Amazon closes at all-time high
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...
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Microsoft, Amazon, and Google all have cumulonimbus-sized cloud backlogs
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...
Amazon pulled off its monster quarter despite being left out of OpenAI’s tangle of deals
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...
Amazon soars as Q3 earnings, sales beat Wall Street expectations
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...
ServiceNow jumps on better-than-expected earnings
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...
Microsoft beats on earnings and revenue
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...
Google earnings and revenue blow past Wall Street’s expectations
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...
What to watch for in Microsoft’s earnings report today
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 earnings season, all eyes are on cloud revenue growth
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...
Google rises on official announcement of Anthropic deal worth “tens of billions”
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...
Analysts parse IBM earnings, see weakness, stock slides
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...