News
Snowflake CEO says monster quarter shows why software firms need new pricing models to thrive in AI age
2+ hour, 49+ min ago (554+ words) Sridhar Ramaswamy sees the major software players beginning to sort the AI winners from the losers. As of now, Snowflake, the cloud storage company where Ramaswamy is chief executive, is on the upside." "It's important to understand that all software…...
Asana was battered by the AI age. Now it's betting its future on a pivot to AI agents.
1+ day, 1+ hour ago (258+ words) Workplace management company Asana has lost roughly half of its market value since the AI boom began. Now, it's trying to find its way back by betting on a future where AI agents are fully immersed in the workplace. On…...
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
2+ week, 2+ day ago (206+ words) By design, central banks are cautious. Protecting a nation's currency and financial stability'are serious matters, ill-suited to risk-taking and chancy deals.'In a world of Tiger Onitsuka trainers and tech-bro t-shirts, central bankers wear a suit and tie.' It may…...
Amazon's cloud sales are growing the most in 15 quarters. Investors sent the stock down on AI capex fears
1+ mon, 6+ hour ago (604+ words) Amazon on Wednesday reported strong increases in profits and net sales during its fiscal first quarter, helped by surging growth in its prominent'cloud computing unit. The e-commerce and technology company said that sales in its cloud computing unit were up…...
Half of Google's and Amazon's 'blowout AI profits" came from a stake in Anthropic'not from their actual business
1+ mon, 3+ hour ago (550+ words) Four of the largest U. S. tech companies reported earnings Wednesday afternoon, confirming an AI capital expenditure buildout without modern precedent." Combined, they spent $130. 65 billion on capital expenditures in the first three months of 2026more than three times the inflation-adjusted cost of the…...
AWS CEO Matt Garman sees huge business opportunity for Amazon in AI-powered software: 'Everything is going to be remade"
1+ mon, 1+ day ago (704+ words) AWS chief executive Matt Garman isn't losing any sleep over talk of the "Saa Spocalypse." In fact, he's so confident companies will continue to buy software-as-a-service in the age of AI that he's pushing Amazon Web Services into the Saa…...
The digital sovereignty dilemma is a false choice " here's how enterprises can have both
1+ mon, 3+ week ago (347+ words) Amid global turbulence and the rise of AI, this creates a palpable tension. The instinct is often to build walls. But this fortress mentality is a strategic misstep. Walls can protect, but they also isolate nations and businesses from the…...
Google CEO Sundar Pichai says we're just a decade away from a new normal of extraterrestrial data centers
1+ mon, 3+ week ago (665+ words) Google's "moonshot" aspirations to expand its AI footprint are taking on a more literal meaning." CEO Sundar Pichai said in a Fox News interview in December Google will soon begin construction of AI data centers in space. The tech giant…...
The "death of Saa S" could be the best thing to ever happen to Saa S M&A
1+ mon, 4+ week ago (649+ words) The software-as-a-service (Saa S) doomer headlines may have peaked in February'but if you check out the dealmaking data, Saa S has been looking alive." For the final quarter of 2025, enterprise Saa S M&A hit $83. 7 billion in total value, recent Pitch…...
Oracle blows investors away with 22% "hyper growth" " but cash flow crunches to negative $24. 7 billion
2+ mon, 2+ week ago (571+ words) Oracle called the third quarter of fiscal 2026 its best in 15 years with revenue up 22% to $17. 2 billion and cloud infrastructure up 84% to $4. 9 billion. The market rejoiced, sending the stock up nearly 10% in after-hours trading on Tuesday. Chief financial officer Doug Kehring…...