Cloud Computing news and trends

Microsoft Faces Shareholder Lawsuit Over Alleged AI Spending Cover-Up

June 15, 2026
Microsoft lawsuit
Alibaba Sacrifices Profits to Fuel AI Growth
Earnings // May 13, 2026

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 making in AI infrastructure, CEO Eddie Wu said Wednesday (May 13). Get the Full Story Complete the form to unlock...

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

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 article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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

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 and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

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

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Interviews & Exclusives
Banks Confront the Cloud Contracts Built for Yesterday

April 28, 2026
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 article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Amazon and Walmart Focus AI Investments on Their Retail Soft Spots

June 12, 2025
The everything consumer requires an everything retailer, and that’s the pole position that retail giants Amazon and Walmart have been battling for over the past two decades. Get the Full...

Customer First, Agentic AI Next. Amazon Lays Out Its 2025 Roadmap

May 01, 2025
Most earnings announcements and ensuing analyst calls are spent discussing all the money — or lack of it — the host company made during the previous quarter. Not so at...

Divided Picture Emerges on Tech and Enterprise AI Spend

February 14, 2025
Global IT spending is expected to increase by 9% in 2025, driven by AI and cloud expenditures, according to a report from S&P Global Ratings. Get the Full Story Complete...

Quick Reads
Microsoft Faces Shareholder Lawsuit Over Alleged AI Spending Cover-Up

June 15, 2026
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 cloud business and a need to invest billions of dollars in artificial intelligence infrastructure, Reuters reported Monday (June 15). Get the Full Story Complete the form to unlock this article […]

Alibaba Sacrifices Profits to Fuel AI Growth

May 13, 2026
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 making in AI infrastructure, CEO...

Oracle Cuts Thousands of Jobs After Monthslong Stock Decline

March 31, 2026
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 and enjoy unlimited free access...

Alibaba AI Adoption Drives 36% Cloud Growth

March 19, 2026
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. Get the Full Story Complete...