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Amazon tops cloud expectations on strong AI demand, shares rise
12+ hour, 55+ min ago (662+ words) The logo of Amazon is seen at the company's logistics center in Bretigny-sur-Orge, near Paris, France, November 28, 2025. REUTERS/Stephanie Lecocq April 29: Amazon. com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies…...
Amazon tops cloud expectations on strong AI demand, shares dip
15+ hour, 33+ min ago (650+ words) April 29: Amazon. com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies continue to devote tremendous resources to their artificial intelligence efforts." Still, shares dipped about 3. 7 per cent in extended trading after…...
Microsoft expects strong cloud business growth, plans record capital spending
10+ hour, 30+ min ago (756+ words) April 29: Microsoft on Wednesday forecast that sales at its Azure cloud business would beat Wall Street estimates, and the software giant unveiled plans for 2026 capital spending of $190 billion, which also surpassed expectations. After the forecast, Microsoft shares were even with…...
Open AI breaks off Microsoft exclusivity, Amazon CEO says Open AI models coming to AWS soon
2+ day, 17+ hour ago (641+ words) April 27: Microsoft is losing exclusive access to Open AI's technology, clearing the way for the Chat GPT creator to sell its products across rival cloud platforms in a sweeping change to one of the artificial intelligence era's most consequential alliances....
Microsoft to invest $18 billion in Australia for AI push
1+ week, 5+ hour ago (116+ words) April 23: Microsoft said on Thursday it will invest A$25 billion ($17. 9 billion) in Australia by the end of 2029 to boost computing and artificial intelligence capacity in the country. The company said in a statement the investment will help expand its Azure…...
Microsoft must face $2. 8 billion UK lawsuit over cloud computing licences
1+ week, 1+ day ago (326+ words) LONDON, April 21: Microsoft must face a mass lawsuit alleging it overcharged thousands of British businesses to use Windows Server software on cloud computing services provided by Amazon, Google and Alibaba, a London tribunal ruled on Tuesday. Competition lawyer Maria Luisa…...
Amazon to invest up to $25 billion in Anthropic as part of $100 billion cloud deal
1+ week, 2+ day ago (281+ words) April 20: Amazon said on Monday that it will invest up to $25 billion in Anthropic, as the AI startup commits to spending more than $100 billion over the next 10 years on Amazon's cloud technologies. The deal deepens the two firms' relationship as…...
EU Commission awards 180 million euro cloud contract to four European providers
1+ week, 5+ day ago (253+ words) April 17: The European Commission on Friday awarded a 180 million euro ($212 million) tender for sovereign cloud services to four European providers for a six-year period, as part of a push to reduce the bloc's dependence on non-European technology. The tender, launched…...
Jane Street signs $6 billion AI cloud deal with Core Weave, boosts stake
2+ week, 22+ hour ago (313+ words) April 15: Trading firm Jane Street has committed about $6 billion for Core Weave's cloud services, marking the third major deal for the Nvidia-backed cloud company in a week and underscoring surging demand for computing capacity. Jane Street also made a $1 billion…...
Core Weave strikes AI cloud deal with Anthropic, shares surge
2+ week, 5+ day ago (127+ words) CNA Core Weave strikes AI cloud deal with Anthropic, shares surge A screen displays the company logo for Core Weave, Inc. , Nvidia-backed cloud services provider, during the company's IPO at the Nasdaq Market, in New York City, U. S. , March 28, 2025. REUTERS/Brendan…...