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#cloud computing

27 stories taggedcloud computing · page 2 of 2.

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AI Business

Anthropic signs a $10 billion cloud deal with startup Volta to power its Claude AI

A six-year agreement will see a brand-new Norwegian data centre feed computing power to Anthropic, backed by Nvidia's latest chips and a crypto-mining firm.

3 min read
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AI Business

AWS Signs On With Vibe-Coding Startup Superblocks, and the Message to Big Tech Is Clear

Amazon Web Services is helping Superblocks bring vibe coding, the art of building apps by describing them in plain English, into the locked-down private clouds of major companies. A small deal with a loud signal.

3 min read
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AI Business

SK Hynix surges 25%, Samsung jumps 20% as AI spending fears evaporate overnight

Blowout cloud results from Amazon and Microsoft sent Asian chip stocks soaring on Friday, wiping out a week of losses driven by fears that AI investment was running ahead of reality.

4 min read
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AI Business

Microsoft soars, Meta sinks: AI spending is splitting Big Tech in two

Both companies are pouring billions into artificial intelligence. One set of investors cheered. The other hit sell.

4 min read
Illustration: Rows of glowing server racks inside a large modern data centre
AI Business

Zuckerberg Wants to Sell Spare AI Computing Power, But Admits Meta Doesn't Know How Yet

Meta is sitting on enormous computing capacity and getting premium offers to lease it out. Zuckerberg says he's tempted, but selling too much now could kneecap the company's own AI plans.

5 min read
Illustration: Rows of glowing server racks inside a large modern data centre
AI Business

Amazon's cloud business is booming. But whose money is paying for it?

Amazon beat earnings forecasts and raised its spending plans to $220 billion. Investors cheered. The catch: a lot of that cloud revenue flows straight from AI companies that are still burning cash.

4 min read
Aerial editorial photograph of a large modern data centre building at dusk, surrounded by cooling infrastructure and power substations, warm amber light spillin
AI Business

Nscale pays $1.65 billion to buy AI software startup Anyscale

A British AI cloud company is snapping up the team behind a popular tool for running big AI workloads, in a bet that owning the whole stack, from servers to software, is where the money is.

4 min read
Illustration: A sleek modern server room bathed in cool blue and white light
AI Business

Microsoft Posts $90 Billion Quarter as Cloud and AI Drive Record Results

Azure revenue crossed $100 billion for the full year, Copilot reached 30 million paid users, and capital spending nearly doubled. Here is what the numbers mean and where the caution flags are.

4 min read
Aerial editorial photograph of a large modern data centre building at dusk, surrounded by cooling infrastructure and power substations, warm amber light spillin
AI Business

Google and Tesla Are Burning Cash on AI. Wall Street Is Starting to Ask Why.

Both tech giants reported better revenue than expected, then watched their share prices fall. The culprit: eye-watering AI spending with returns investors can't yet see.

4 min read
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AI Business

Microsoft plugs AMD's newest chips into Azure to handle the AI compute crunch

Three new virtual machine types land in Microsoft's cloud, each built around AMD's latest processors and aimed at a different piece of the AI workload puzzle.

3 min read
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AI Business

Fireworks AI hits $17.5 billion valuation as companies hunt for cheaper alternatives to OpenAI and Anthropic

The cloud startup, backed by Nvidia, now handles more AI traffic per day than Google's own developer tools. Its pitch: specialist models at a fraction of the cost of the big labs.

3 min read
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Policy

Bank of England gains power to regulate Amazon and Google cloud services from Monday

New rules mean the UK's central bank can directly oversee the tech companies that keep British banking running, cutting the risk of outages that could freeze millions of accounts.

3 min read
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