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...
Meta has formed a $27 billion infrastructure agreement with AI cloud company Nebius. Under the agreement, Nebius will — starting early next year — provide $12 billion...
Amazon is undertaking its largest-ever capital spending program, set to reach $200 billion this year. This effort is being launched as part of a strategic...
India is reportedly offering foreign cloud companies a 20-year tax amnesty for building data centers there. The proposal, announced Sunday (Feb 1) by India’s finance...
Shares in German tech giant SAP have reportedly seen their largest one-day loss since 2020. The decline came as the company rattled investors over the...
Shares in technology company Oracle have fallen by more than 50% from last year’s record. As Bloomberg News reported Thursday (Jan. 29), the decline is...
AWS has launched the AWS European Sovereign Cloud, an independent cloud located in the European Union and designed to help customers meet the EU’s sovereignty...
The financial sector’s honeymoon phase with centralized, cloud-based artificial intelligence (AI) is meeting a hard reality: The speed of a fiber-optic cable isn’t always fast...
Anthropic has announced what it calls a “significant” expansion of its partnership with Snowflake. The artificial intelligence (AI) company has signed a $200 million agreement...