cloud computing

Microsoft Will Spend $3.2 Billion on Swedish AI Infrastructure
Microsoft Will Spend $3.2 Billion on Swedish AI Infrastructure
June 03, 2024  |  artificial intelligence

Microsoft is reportedly investing $3.2 billion to expand its AI and cloud operations in Sweden. As Reuters reported Monday (June 3), the investment comes as...

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Chinese Tech Giants Threatened by Smaller AI Products
Chinese Tech Giants Threatened by Smaller AI Products
May 20, 2024  |  artificial intelligence

Artificial intelligence (AI) firms have reportedly begun offering “AI-in-a-box” tools for companies to run in-house. It’s a trend that presents a threat to the AI cloud computing...

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AI Money: Earnings Reports Show a Tech Firm Bonanza
AI Money: Earnings Reports Show a Tech Firm Bonanza
May 16, 2024  |  artificial intelligence

Tech companies are cashing in on the artificial intelligence (AI) boom, with first-quarter results showing surging demand for everything from voice assistants to cloud computing....

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Amazon Names Matt Garman to Lead Cloud Computing Unit
Amazon Names Matt Garman to Lead Cloud Computing Unit
May 14, 2024  |  Personnel

Amazon’s all-important cloud computing division has a new leader. Adam Selipsky, who has headed Amazon Web Services (AWS) since 2021, is stepping down from that position in...

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Cloud Security Firm Wiz Valued at $12 Billion After Funding Round
Cloud Security Firm Wiz Valued at $12 Billion After Funding Round
May 07, 2024  |  Investments

Cloud security startup Wiz has reportedly been valued at $12 billion after raising $1 billion. Co-founder and CEO Assaf Rappaport discussed the funding in a Tuesday (May 7) interview...

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Alibaba Offers Deep Cloud Discounts Amid AI Boom
Alibaba Offers Deep Cloud Discounts Amid AI Boom
April 08, 2024  |  Technology

Chinese conglomerate Alibaba is reportedly offering steep price cuts to its cloud customers. These markdowns — as high as 59% and aimed at customers from the U.S. to Singapore...

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US: Microsoft Deprioritized Enterprise Cybersecurity, Culture Needs an Overhaul
US: Microsoft Deprioritized Enterprise Cybersecurity, Culture Needs an Overhaul
April 04, 2024  |  Cybersecurity

Digital transformation is no longer just a business strategy — it’s an operating model that nearly the entire global business world is running on. And...

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Bedrock Security Launches Platform to Tackle Cloud and AI Data Risks
Bedrock Security Launches Platform to Tackle Cloud and AI Data Risks
March 26, 2024  |  artificial intelligence

In response to the evolving challenges of cloud computing and the integration of generative artificial intelligence (AI) into business operations, Bedrock Security on Tuesday, (March...

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AWS and Nvidia Partner on Infrastructure for AI Advancements
AWS and Nvidia Partner on Infrastructure for AI Advancements
March 18, 2024  |  artificial intelligence

Amazon Web Services (AWS) and Nvidia are extending their 13-year collaboration to advance generative artificial intelligence (GenAI). This partnership aims to bring the new Nvidia Blackwell GPU...

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