#cloud computing
21 stories taggedcloud computing · page 2 of 2.

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.

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 why a few caution flags remain.

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 that investors can't yet see.

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.

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.

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.