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gbhackers.comThe error began late Thursday and affected estimated billing data across the service. Amazon identified a unit pricing issue in its computation subsystem and mitigated it by Friday morning.
Fireworks, a cloud startup that hosts open-source AI models, raised $1.5 billion at a $17.5 billion valuation. The company, backed by Nvidia, reported more than $1 billion in annualized revenue, five times the level from last year.
app.buzzsumo.comGuillermo Rauch said firms now mix models from multiple providers across the AI stack. The comments reflect efforts to control spending after last year's prototyping phase.
news.sky.comQuEra aims to deliver Libra, a fault-tolerant system with 256 logical qubits, through AWS cloud access in 2028. The machine is projected to run one million operations at low error rates. @NewScientist reported the timeline and technical targets.
CnbcAmazon Web Services announced Tuesday a $1 billion investment to create a unit of forward-deployed engineers who will embed with customers to accelerate artificial intelligence deployments. The initiative makes AWS the first major cloud provider to launch such a program. Existing…
wccftech.comAnthropic's Claude models are now available on Nvidia's GB300 Blackwell Ultra platform hosted in Microsoft Azure. The integration expands access to advanced AI inference hardware for enterprise users.
Substrate placeholder — needs reviewGoogle informed Meta around March that it could not supply the full computing capacity requested for Gemini models. The shortfall delayed some Meta AI projects and prompted efficiency measures at the company. Google Cloud revenue reached $20 billion for the quarter.
New York PostGoogle told Meta around March that it could not supply the full Gemini computing capacity the company requested. The shortfall delayed some of Meta's internal AI projects and prompted the company to direct staff to use AI tokens more efficiently.
Fox NewsGoogle has restricted Meta’s use of its Gemini AI models after the social media company requested more computing capacity than Google could supply. The limits have delayed some of Meta’s internal AI projects and prompted the company to instruct staff to use AI tokens more efficie…
Amazon Web Services will increase hourly rates for EC2 Capacity Blocks for ML by about 20 percent beginning in July. The company raised the same rates 15 percent in January, citing supply and demand for memory chips.
forbes.comEuropean Union regulators have recommended that Amazon Web Services and Microsoft Azure be classified as gatekeepers under the bloc's digital competition rules. The designation would apply additional obligations to the cloud computing services.
Matt Garman told the Platformer podcast that artificial intelligence will alter roughly half of white-collar roles without eliminating them. Amazon plans to hire more than 11,000 software interns and early-career engineers globally in 2026.
New York PostMeta and Microsoft each added tens of billions of dollars in new lease obligations during their most recent quarters. Total commitments among major cloud providers now exceed $850 billion and will be paid over the next two decades.
Oracle reduced its global workforce by 21,000 employees to 141,000 as of May 31, 2026. The company cited AI adoption as a factor in the reductions and reported $1.8 billion in restructuring costs.
ndtv.comMark Chen, president of Huawei Cloud Latin America, confirmed the company is evaluating deployment of its newest Ascend AI chips in regional cloud and AI services. The statement came after his presentation at the Rio Web Summit on June 12, 2026.
forbes.com@YahooFinance reported that Oracle posted weaker-than-expected cloud revenue in its fiscal fourth quarter, sending shares lower.
forbes.comSmals, the joint IT organization serving Belgian public institutions focused on social security, has chosen Google Cloud as its main public cloud provider. The agreement was awarded to SoftwareOne in partnership with Google Cloud under the GÉANT OCRE24 framework.
Oracle Corporation posted fourth-quarter revenue of $19.2 billion, a 21 percent increase from the prior year. Cloud infrastructure revenue rose 93 percent while cloud applications grew 10 percent.
flipboard.comApple announced a partnership with Google and Nvidia to deliver private cloud computing services through Google Cloud. The arrangement was disclosed by an Apple executive during the company's annual developer conference.
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.
citizen.co.zaLovable 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 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 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 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.comMark 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 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.comUsers 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 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 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…
prnewswire.comThe 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.comTencent 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 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…
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.
thurrott.comMicrosoft 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…
ForbesThe 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 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…
CnbcThe 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.comConstruction 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 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 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…
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.comCourt 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 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 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…
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 NewsThe 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.comThe 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.
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…
Substrate placeholder — needs reviewDatadog 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…
aws.amazon.comAmazon 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 reviewThe European Commission is set to unveil its Tech Sovereignty Package on May 27, including measures that would restrict member governments' use of non-EU cloud platforms for sensitive public-sector information. Discussions focus on financial, judicial and health data without affe…
The GuardianDeepL, 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 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.comSeveral 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'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 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 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 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…
blog.googleGoogle 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 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…