cloud computing

Microsoft Faces Shareholder Lawsuit Over Alleged AI Spending Cover-Up

Microsoft Faces Shareholder Lawsuit Over Alleged AI Spending Cover-Up
Microsoft Faces Shareholder Lawsuit Over Alleged AI Spending Cover-Up
June 15, 2026  |  Artificial Intelligence

Microsoft shareholders sued the company Friday (June 12), alleging that it defrauded them and inflated its stock price by concealing slower growth in its Azure...

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Alibaba Sacrifices Profits to Fuel AI Growth
Alibaba Sacrifices Profits to Fuel AI Growth
May 13, 2026  |  Earnings

Artificial intelligence accounts for a rapidly growing share of Alibaba Group’s revenue, and it will deliver a return on the substantial investment the company is...

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Banks Confront the Cloud Contracts Built for Yesterday
Banks Confront the Cloud Contracts Built for Yesterday
April 28, 2026  |  Banking

Financial services are facing a technological reckoning. Cloud contracts are at the center of it. Get the Full Story Complete the form to unlock this...

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Oracle Cuts Thousands of Jobs After Monthslong Stock Decline
Oracle Cuts Thousands of Jobs After Monthslong Stock Decline
March 31, 2026  |  Artificial Intelligence

Oracle is cutting thousands of jobs, CNBC reported Tuesday (March 31), citing unnamed sources. Get the Full Story Complete the form to unlock this article...

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Alibaba AI Adoption Drives 36% Cloud Growth
Alibaba AI Adoption Drives 36% Cloud Growth
March 19, 2026  |  Earnings

Alibaba Group saw growth across both its cloud and eCommerce segments during the quarter ended Dec. 31, according to a Thursday (March 19) earnings release....

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Amazon CEO Predicts AI Will Push AWS to $600 Billion a Year
Amazon CEO Predicts AI Will Push AWS to $600 Billion a Year
March 17, 2026  |  Amazon

Amazon CEO Andy Jassy said Tuesday (March 17) that the growth of artificial intelligence could drive the sales of the company’s cloud computing unit Amazon...

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Meta Signs $27 Billion AI Infrastructure Agreement With Nebius
Meta Signs $27 Billion AI Infrastructure Agreement With Nebius
March 16, 2026  |  Artificial Intelligence

Meta has formed a $27 billion infrastructure agreement with AI cloud company Nebius. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Amazon Spends $200 Billion on AI Amid Cloud Competition
Amazon Spends $200 Billion on AI Amid Cloud Competition
February 15, 2026  |  Amazon

Amazon is undertaking its largest-ever capital spending program, set to reach $200 billion this year. Get the Full Story Complete the form to unlock this...

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