Stories tagged “Cloud Computing.”
30 stories
Alibaba is significantly expanding its AI infrastructure, unveiling the new Zhenwu V900 accelerator chip and targeting over 20 gigawatts of global data center capacity by 2032. This move aims to control more of its computing stack and support its growing AI cloud services…
Alibaba's T-Head semiconductor unit has launched the Zhenwu V900 AI chip, boasting three times the computing performance of its predecessor. This development supports Alibaba Cloud's strategic goal to expand its global data center capacity to over 20 gigawatts by 2032, re…
Oracle Boosts Its AI Contract Portfolio But Still Loses Half Its Value In A Year
Oracle reported strong first fiscal quarter results, exceeding forecasts with a record AI contract portfolio and significant revenue growth, yet its stock value remains less than half its peak from a year ago due to profitability concerns and high investment debt.
ByteDance's cloud division, Volcano Engine, is collaborating with Arm to integrate its AGI CPU platform into its next-generation cloud services, aiming to launch the first Arm AGI CPU-powered agentic sandboxes. These sandboxes are designed to offer secure and scalable env…
ESDS Software Solution shares have more than tripled from their IPO price, hitting the 20% upper circuit for the third consecutive session, making it one of the strongest-performing recent listings.
Xbox is imposing monthly time limits on cloud gaming for Game Pass subscribers, citing rising costs, with premium users capped at 15 hours.
Anthropic has announced Enterprise Frontier Safeguards (EFS), a new solution combining zero data retention (ZDR) with advanced misuse detection for its AI models, addressing privacy and security concerns for enterprise clients.
Reliance Jio is making its cloud PC service, JioPC, available to all Indian internet users, aiming to transform older computers into AI-ready machines without hardware upgrades.
Chinese AI startup MiniMax has significantly increased its three-year spending agreement with Alibaba Cloud to $1.2 billion, a 220% rise, to secure cloud resources for expanding its AI model training and inference capabilities.
Chinese AI firm MiniMax has dramatically increased its cloud computing deal ceiling with Alibaba Group Holding to US$1.2 billion, driven by surging demand for AI model training and inference.
OpenComputer: Firebase for Agents
OpenComputer introduces a new platform designed to host and manage AI agents, providing each agent session with a dedicated Linux machine and durable state, akin to Firebase for traditional applications.
Alibaba is accelerating cloud growth and expanding operating margins, with analysts expecting faster returns on its US$56 billion AI infrastructure investment plan. Its cloud and AI businesses saw a 45% revenue increase, the fastest in 22 quarters.
Alibaba's CEO Eddie Wu announced that the company's second-generation T-Head chip is slated for tape-out and production in the latter half of this year, promising enhanced computing performance and interconnect bandwidth.
Alibaba's cloud and AI division reported 45% revenue growth in the June quarter, driving better-than-expected adjusted profit, despite a 75% surge in capital expenditure.
Oracle’s $165 Billion Data Center Plan Hits a Gas Pipeline Delay
Oracle's $165 billion data center plan has hit a snag due to a gas pipeline delay.
Cloudflare Launches Kitesurf, an Agent-First Browser for AI
Cloudflare has introduced Kitesurf, a stateless browser built specifically for AI agents, running entirely on its Workers platform. This new tool enables advanced web automation, HTML extraction, and screenshots for AI applications.
Cloud Hypervisor is an open-source Virtual Machine Monitor (VMM) that runs on top of the KVM hypervisor and the Microsoft Hypervisor (MSHV). It focuses on running modern, cloud workloads, on specific, common hardware architectures.
A new Linux vulnerability, Zapscape, has been discovered in the KVM x86 code, allowing guest-to-host escape and local privilege escalation (LPE) on certain Linux distributions.
Amazon, Microsoft, and Alphabet are the primary beneficiaries of the artificial intelligence (AI) investing world, with cloud computing providers spending hundreds of billions of dollars on data centers. Each of these companies just announced results, delivering incredibl…
Amazon's market value topped $3 trillion for the first time on Monday, helped by a sharp rally following strong earnings and signs that the AI boom is driving fresh demand for its cloud-computing services.
Microsoft's shares rose nearly 22% after the tech titan reported impressive artificial intelligence (AI)-fueled growth metrics, with its cloud infrastructure platform, Azure, seeing sales soar 43%.
Google and Alphabet reported record quarterly earnings for Q2 2026, with a profit of $112.2 billion. The company's advertising business, led by Google Search and YouTube, generated $81.6 billion in revenue, while Google Cloud saw an 82% increase in revenue to $24.77 billi…
Amazon, Microsoft, and Alphabet's cloud computing stocks are undervalued due to investors' concerns about their AI infrastructure spending. However, Amazon CEO Andy Jassy's comments on the economics of the cloud business model have convinced the market of the lucrative re…
Microsoft's stock has rallied after its earnings report, with a single-day jump of 15%. The stock is still in the red for the year, but it's up 27% from its 52-week low. Long-term investors may find it a great buy.
Amazon reported its strongest growth in five years in its second quarter, with Amazon Web Services delivering breakout results. The company has a lot of growth drivers that can send it higher.
Nscale just bought Anyscale. Here's why it matters for multi-cloud neutrality.
Nscale has acquired Anyscale, a move that could impact multi-cloud neutrality. The acquisition could lead to a more unified cloud experience, but it also raises concerns about vendor lock-in.
The Wall Street indices, Dow Jones, S&P 500, and Nasdaq, initially struggled to maintain their upward trend but eventually turned positive by the afternoon. The Dow Jones rose 0.5% to 52,447 points, while the S&P 500 gained 0.4% to 7,466 points. The Nasdaq notched a 0.5% …
Microsoft Earns $216 Billion Thanks to Anthropic
Microsoft's AI business continues to grow, with Azure's quarterly revenue increasing by 43% and Microsoft 365 Copilot's paid seats exceeding 30 million. However, the company's capital expenditure has also increased, with a 70% year-over-year growth to $41 billion, putting…
Microsoft Surges 31% in Net Income to $133.749 Billion at Fiscal Year Close
Microsoft has announced a net income of $133.749 billion at the close of its fiscal year 2026, a 31% increase from the previous year, driven in part by its cloud platform Azure. The company's total revenue reached $331.839 billion, an 18% increase.
Meta is set to report earnings on Wednesday after the market close. Traders on prediction market platform Kalshi think the company will use its conference call to highlight its Ray-Ban Meta smart glasses and push into the cloud market, while steering clear of social media…