Browsing: cloud
CoreWeave CEO Michael Intrator cites ‘sold out’ capacity and surging backlog for AI infrastructure
Neocloud provider CoreWeave’s revenue more than doubled in the second quarter, totaling $2.58 billion and topping analysts targets thanks to…
SpaceX has been on a slide since hitting a $2 trillion valuation milestone at its June IPO, shedding close to…
Not long ago, the PGA Tour shipped its own servers on trucks around the country. That means every week, employees…
Andy Jassy said Amazon will spend $220 billion this year—and still won’t have enough capacity
Amazon’s stock price jumped more than 9% in after-hours trading on Thursday after the retail-and-AI giant reported second-quarter results buoyed…
Microsoft’s cloud just hit a new milestone—Azure crosses $100 billion in annual revenue
Microsoft said its Azure cloud business surpassed $100 billion in annual revenue in its recently ended fiscal year, cheering investors…
First, it had its most-profitable quarter in corporate history. Reporting $112 billion in profit, that’s its first 12-figured quarterly profit…
Meta’s cloud compute dreams: Why opt for U.S. AI data centers when Saudi Arabia has cheap oil and cheaper power?
Meta stock jumped more than 7% Tuesday on a Bloomberg report that the company is building a new business to…
A European central bank has signed a mega deal with a cloud service provider. The problem for Google, Microsoft and Amazon? It’s not with them
By design, central banks are cautious. Protecting a nation’s currency and financial stability are serious matters, ill-suited to risk-taking and chancy…
The idea of distributing traffic across multiple edge and CDN providers has never been radical. Among the largest digital platforms,…
OpenAI has gone wild with compute deals this year, committing to spend far more than its balance sheet can currently…












