cloud computing
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Google Reallocates Resources in Cloud Division, Cutting Some Roles Including in Threat Intelligence
Google laid off employees across its Cloud division over the past two weeks, including staff in its Threat Intelligence Group. The company cited reinvestment in AI as one reason for the reductions.
ventureburn.comLovable Expands Google Cloud Deal Fivefold, Deepening Ties to Google and Anthropic
Lovable and Google announced an expanded multiyear collaboration on Wednesday that increases Lovable’s Google Cloud usage by five times and adds access to Anthropic’s Claude and Google’s Gemini models.
Titan Network Adds Tencent, Alibaba and Kling AI as Clients for Consumer-Powered Decentralized Cloud
Titan Network has added Tencent, Alibaba and Kling AI as clients for its crowdsourced computing network. The company says its clients achieve up to 75% cost savings on AI infrastructure.
The VergeFTC Investigates Microsoft Cloud Practices, Demands Information From Competitors
The Federal Trade Commission is examining whether Microsoft used unfair methods of competition in cloud computing and software services. The inquiry, which began in 2024, continues under President Donald Trump.
Google Cuts AI Model Prices as Companies Track Token Costs
Google has lowered prices on its Gemini 3.5 Flash model while reporting a sevenfold rise in monthly AI token usage. The company says customers can reduce annual spending by more than $1 billion by shifting workloads to a mix of models.
foxbusiness.comMeta CEO Says Cloud Computing Business Remains an Option
Mark Zuckerberg stated at the company's annual shareholder meeting that Meta could enter the cloud computing market if it builds excess data-center capacity. The company also announced plans to test paid subscriptions for its Meta AI service.
medianama.comRumble to Launch AI Compute Services in Mid-June
Rumble announced plans to enter the AI compute-as-a-service market by mid-June. The video platform aims to compete with major cloud providers. Shares rose 7 percent after the disclosure.
insidermonkey.comAbacus AI Super Computer Adds Hermes Model Option
Users can now select either Claw or Hermes on the Abacus AI cloud platform. The service requires users to supply their own Claude or Codex API keys and supports deployment via messaging apps.
techjuice.pkMicrosoft's Largest India Data Center Scheduled to Open in Mid-2026
Microsoft plans to activate its largest data center in India by mid-2026. The facility forms part of the company's ongoing infrastructure investments in the country.
cnbc.comCerebras Systems Closes First Day of Nasdaq Trading With $95 Billion Market Value
Cerebras Systems ended its first day of trading on Wall Street with a market capitalization just below $100 billion after a blockbuster IPO. The AI chipmaker's shares popped 68 percent in its Nasdaq debut before trading lower on Friday. Co-founders Andrew Feldman and Sean Lie bec…
Substrate placeholder — needs reviewDutch Central Bank Moves Cloud Services to European Provider Schwartz Digits
The Dutch central bank has shifted its essential cloud services from U.S. providers Google, Amazon and Microsoft to Schwartz Digits, a subsidiary of the Lidl supermarket group. The move is part of a broader European trend toward digital sovereignty amid concerns over the U.S. Clo…
technode.comChinese Tech Companies Expand Use of Domestic AI Chips
Tencent and Alibaba executives said production of China-designed GPUs will ramp up this year as the companies increase deployment of homegrown semiconductors. The comments reflect efforts to build self-sufficiency in AI technology amid U.S. export restrictions on Nvidia chips. Re…
The VergeMicrosoft to Test Cloud-Initiated Driver Recovery Feature for Windows
Microsoft is introducing Cloud-Initiated Driver Recovery to replace problematic drivers without user intervention. The feature, now in testing with hardware partners, is scheduled to roll out gradually in September. The company is also adding multiple options to make Windows Upda…
thehindu.comNvidia CEO Foundation Buys $108 Million in AI Computing from CoreWeave for Researchers
The foundation associated with Nvidia's CEO has purchased $108 million worth of AI computing resources from CoreWeave. The computing capacity will be donated to researchers. The transaction was reported on May 14, 2026.
Substrate placeholder — needs reviewMicrosoft Explores Investments in AI Startups as OpenAI Partnership Evolves
Microsoft is considering deals with artificial intelligence startups to broaden its AI capabilities beyond its existing relationship with OpenAI. The company has held discussions with several early-stage AI firms according to sources. The moves come as the partnership between Mic…
ForbesSAP Launches Business AI Platform and Autonomous Agents at Sapphire 2026
The company launched the SAP Business AI Platform centered on a Knowledge Graph, Joule Studio for building agents, and the Autonomous Suite with more than 50 Joule Assistants and 200 specialized AI agents. CEO Christian Klein emphasized governance and context for mission-critical…
Amazon Accelerates AI Data Center Builds With Liquid Cooling and Faster Timelines
Amazon Web Services is pursuing an internal initiative called Titus to shorten data center construction timelines to under 35 weeks and raise compute capacity per site to 68 megawatts. The project expands use of liquid-cooling technology to handle more power-intensive AI hardware…
Substrate placeholder — needs reviewEU Weighs Limits on Non-European Cloud Providers for Sensitive Public-Sector Data
The European Union is weighing limits on its governments' use of American cloud services to handle sensitive public-sector information. Discussions are underway inside the Commission as part of preparations for the Tech Sovereignty Package. CNBC reported the development 20 minute…
thehindu.comMicrosoft and Kenyan Government Discuss Payment Assurances for Proposed East Africa Data Center
Construction of a major Microsoft data center in Kenya has been delayed due to disagreements with the Kenyan government over the company's request for guaranteed payments. The project, intended as Microsoft's first data center site in East Africa, has stalled amid talks on paymen…
teslarati.comSpaceX Files Trademark for SpaceXAI AI Division
SpaceX has filed a trademark application for the wordmark SpaceXAI, which will encompass its artificial intelligence products following the dissolution of xAI as a separate entity. The trademark filing details extensive satellite-based data center services, orbital computing infr…
BenzingaAkamai Signs $1.8 Billion Seven-Year Cloud Contract With Anthropic
Akamai Technologies signed the largest contract in its history, a $1.8 billion seven-year agreement for cloud infrastructure services with Anthropic. The deal was identified by Bloomberg after Akamai disclosed a major commitment from an unnamed frontier AI model provider in its f…
Unspecified Companies Announce $3.4 Billion Five-Year AI Cloud Deal and Up to 5 GW Infrastructure Target
A strategic partnership consisting of two distinct parts was formed, including a $3.4 billion five-year AI cloud contract and plans to accelerate the deployment of up to five gigawatts of AI infrastructure. The agreement combines cloud computing capacity with physical infrastruct…
flipboard.comMicrosoft Executives Expressed Concerns About OpenAI Partnership in 2017 and 2018
Court documents from the Musk v. Altman trial detail early discussions between Microsoft and OpenAI. Executives weighed the costs of providing compute resources against potential benefits and risks of OpenAI partnering with Amazon. Microsoft announced a $1 billion investment in O…
Anthropic Revenue Grows 80-Fold in One Quarter Prompting Data Center Deal
Anthropic reported its revenue and usage grew 80-fold in the first quarter on an annualized basis after planning for 10 times growth. The company reached $30 billion in annualized revenue, three times last year's level, and struck a deal to rent compute capacity from a rival's Me…
RapplerCoinbase Reports First-Quarter Loss
Coinbase posted a surprise loss of $1.49 per share on revenue of $1.41 billion for the quarter ended March 31, missing Wall Street estimates. Crypto price declines reduced trading volumes while the company continued shifting toward subscription revenue from stablecoins and other…
news.ycombinator.comCloudflare, Upwork, and Bill Holdings to Reduce Headcount by 20%, 25%, and 30%
Cloudflare is laying off 20% of its workforce, Upwork 25% and Bill Holdings 30%, according to Bloomberg. The cuts were reported Thursday as the three technology-related companies cited in the Bloomberg dispatch face separate operational pressures. All three maintain publicly trad…
Abc NewsBig Tech AI Spending Drives Free Cash Flow to Decade Low
The combined free cash flow of Amazon, Alphabet, Microsoft and Meta is forecast to fall to about $4bn in the third quarter, down from an average of $45bn per quarter since the Covid-19 pandemic. Full-year free cash flow for the four companies is projected to reach its lowest leve…
infoq.comCompany Works to Lower Temperatures in Affected US-East-1 Availability Zone
The company reported that efforts are underway to reduce elevated temperatures in one availability zone within its US-East-1 region. Higher temperatures have affected operations in that specific zone. The company stated that work continues to return conditions to normal levels.
Cloudflare Cuts 1,100 Jobs as It Reorganizes for Agentic AI Growth
The cybersecurity company announced the cuts hours after reporting first-quarter earnings that beat Wall Street expectations. Shares fell more than 14% in after-hours trading. Executives said the move reflects a more than 600% surge in internal AI usage over the past three months…
investors.comDatadog Shares Rise 31% After First $1 Billion Revenue Quarter
Datadog stock posted its biggest one-day gain since going public in 2023 after quarterly revenue topped $1 billion for the first time and the company lifted its full-year guidance. The results sent shares of Snowflake and MongoDB up 10% each. Investors pointed to Datadog and Twil…
Substrate placeholder — needs reviewAmazon Web Services Launches AI Agent Payment System With Coinbase and Stripe
Amazon Web Services introduced Amazon Bedrock AgentCore Payments on May 7, 2026, enabling autonomous AI agents to make real-time micropayments using stablecoins. The infrastructure, built with Coinbase and Stripe, currently supports purchases of APIs, data feeds, paywalled conten…
Substrate placeholder — needs reviewDeepL Partners with AWS to Scale Voice Translation Service, Offers European Data Residency Option
DeepL, the Cologne-based machine translation leader with $185.2m in revenue last year, informed paying subscribers it will use Amazon Web Services infrastructure. The move has drawn criticism from European competitors and customers citing U.S. data access laws under the Trump adm…
techcentral.co.zaAnthropic Signs Deal for Full Capacity of SpaceX Colossus 1 Supercluster
Anthropic will gain 300 megawatts from more than 220,000 Nvidia processors in Memphis within a month under a new agreement with SpaceX. The deal, announced at Anthropic's developer day in San Francisco, coincides with the unveiling of a 'dreaming' feature for Claude and significa…
finance.yahoo.comTech Earnings Drive Market Moves as Alphabet Nears Nvidia Valuation
Several companies reported first-quarter results with technology and consumer stocks showing mixed performance. Alphabet closed in on Nvidia as the world's most valuable company amid strong cloud and AI growth. DoorDash shares surged after beating revenue expectations while sever…
benzinga.comAlphabet and Nvidia Trade Places as World's Most Valuable Company
Alphabet's market capitalization reached $4.67 trillion as of Tuesday morning in May 2026, narrowing the gap with Nvidia's $4.79 trillion valuation. The Google parent last held the top spot in February 2016. Strong growth in its Google Cloud segment, up 63% in Q1 2026, has driven…
SemaforAnthropic Agrees to Spend $363 Billion on Cloud Computing and Chips
Anthropic has committed to major payments for computing resources over the coming years. The company agreed to pay Google $200 billion over five years, Amazon Web Services $100 billion over a decade, and Broadcom $63 billion by 2027. Other large technology companies also announce…
deccanchronicle.comAnthropic Agrees to $200 Billion Google Cloud Commitment Over Five Years
Anthropic has agreed to spend $200 billion with Google Cloud over five years, accounting for a significant portion of Google's revenue backlog. The deal involves tensor processing units and follows other computing capacity agreements. Alphabet shares rose 2% in extended trading a…
pymnts.comAmazon to Invest $200 Billion in AI
Amazon CEO Andy Jassy stated that the company's massive AI investments are not a cause for concern and will benefit shareholders long-term. He highlighted AI as a transformative technology and pointed to rapid growth in related revenues. The comments come amid projections of nega…
ForbesGoogle Retires Vertex AI and Launches Gemini Enterprise Agent Platform at Cloud Next 2026
Google has retired its Vertex AI platform and introduced the new Gemini Enterprise Agent Platform. The changes were announced at the Cloud Next 2026 conference. Forbes reported details on the associated Build, Scale, Govern and Optimize stack.
Substrate placeholder — needs reviewGoogle, Microsoft and Amazon Report Stronger-Than-Expected First-Quarter Cloud Growth
Google, Microsoft and Amazon all exceeded analyst estimates for first-quarter cloud revenue, driven by surging demand for AI services. Google posted its fastest growth on record at 63%, while Amazon and Microsoft also showed robust expansions. The results highlight accelerating A…
Substrate placeholder — needs reviewAlphabet Reports Strong Q1 2026 Earnings with Increased AI Investments
Alphabet reported first-quarter revenue of $109.9 billion, exceeding expectations, with earnings per share at $5.11. The company announced higher capital expenditures for 2026, driven by AI demand. Shares rose more than 6.5% in after-hours trading following the results.
Substrate placeholder — needs reviewMicrosoft Reports 40% Azure Revenue Growth Amid $31.9 Billion Capex Surge and Mixed Quarterly Results
Microsoft reported strong growth in its Azure cloud services, with revenue up 40% in the recent quarter. Capital spending hit $31.9 billion, below analyst expectations, while AI-related revenue annualized at $37 billion. The company also noted executive retirements and a decline…
Substrate placeholder — needs reviewOpenAI Updates Microsoft Deal to Enable Multi-Cloud Distribution and Limit Revenue Sharing
OpenAI updated its agreement with Microsoft, ending cloud exclusivity and enabling deals with Amazon and others. The change removes an AGI trigger clause and adjusts revenue terms through 2032. Related AI developments include missed targets, a new smartphone project, and trademar…
Substrate placeholder — needs reviewMicrosoft and OpenAI Renegotiate Partnership Allowing Multi-Cloud Access Through 2032
Microsoft and OpenAI announced a renegotiated deal on April 27, 2026, granting Microsoft a non-exclusive license to OpenAI's intellectual property until 2032. The agreement ends Microsoft's exclusive rights, enabling OpenAI to offer products across any cloud provider. This resolv…
ibtimes.comAWS Marketplace Integrates Chainlink Data Services for Smart Contract Development
AWS Marketplace has added Chainlink's data services, including Data Feeds, Data Streams, and Proof of Reserve. This integration allows developers to access real-time data and verification tools within the cloud environment. The move supports building hybrid applications combining…
theprint.inGoogle Cloud CEO Outlines AI Agent Advances as Businesses Explore Automation
Google Cloud CEO Thomas Kurian discussed the evolution of AI agents for automating complex business tasks in an interview released today. He highlighted improvements in model capabilities and infrastructure, with examples from various companies. Separately, H&R Block CEO Curtis C…
thehindubusinessline.com (News photo)Amazon Announces Up to $25 Billion Investment in AI Startup Anthropic
Amazon has committed to investing up to $25 billion in Anthropic, an AI startup known for developing Claude AI. In return, Anthropic plans to spend over $100 billion on Amazon's cloud technologies over the next decade. The deal includes Anthropic securing up to 5 gigawatts of Ama…
Substrate placeholder — needs reviewAmazon Invests Up to $25 Billion in Anthropic for AI Infrastructure Expansion
Amazon has agreed to invest up to $25 billion in AI startup Anthropic, building on prior commitments, as part of a deal focused on AI infrastructure. Anthropic will spend over $100 billion on Amazon Web Services technologies over the next decade, including custom AI chips. The ag…
finance.yahoo.comParasail Raises $32 Million in Series A Funding for AI Inference Cloud Services
Parasail, a startup providing cloud computing for AI model inference, has raised $32 million in a Series A funding round. The company processes 500 billion tokens daily by renting capacity from data centers worldwide. This funding supports scaling operations amid growing demand f…
techcentral.co.zaDTCC Collaborates with Amazon to Migrate Core Systems to Cloud by End of Decade
The Depository Trust & Clearing Corporation (DTCC) is partnering with Amazon to shift its core systems to the cloud. The migration, which manages U.S. stock trade clearing and settlement, began with planning stages. Completion is targeted for the end of the decade. @business repo…
Substrate placeholder — needs reviewAnthropic Agrees to Rent Data Center Capacity from CoreWeave for AI Demand
Anthropic has agreed to rent data center capacity from CoreWeave to address growing demand for its artificial intelligence services. The arrangement supports Anthropic's expansion in AI infrastructure. Details on the agreement's terms were not disclosed in the report.
Substrate placeholder — needs reviewIranian Drone Strikes on Amazon Data Centers Prompt Huawei's Multi-Cloud Outreach in Gulf
Iranian drones struck Amazon data centers in the United Arab Emirates and Bahrain amid regional tensions. Chinese company Huawei has approached Gulf clients with proposals for multi-cloud solutions to enhance resilience. The incidents highlight vulnerabilities in cloud infrastruc…
pandaily.comEnterprises Navigate Digital Sovereignty Amid Geopolitical Tensions and AI Advancements
Geopolitical tensions and artificial intelligence developments have led enterprises to evaluate digital sovereignty measures. These measures focus on controlling data and technology infrastructure within national borders while maintaining access to global technology. Fortune.com…
under30ceo.comMicron Stock Declines Despite Strong Earnings; Ulta Beauty and Oracle Report Mixed Results
Micron Technology's stock fell 15% over four days despite revenue nearly tripling in its latest quarter. Ulta Beauty shares dropped after fourth-quarter earnings beat revenue estimates but missed on per-share profits, with 2026 guidance issued. Oracle's stock rose 10% following a…