Big tech companies are in a fierce race to build the infrastructure needed to power AI. This race is not just about building data centers. It's also about securing deals with cloud providers and investing in cutting-edge technology. The stakes are high, with estimates suggesting that up to $4 trillion could be spent on AI infrastructure by the end of the decade. Mic...
Oracle has recently made some significant changes to its leadership team. Two key figures, Clay Magouyrk and Michael Sicilia, have been appointed as presidents. This move has sparked discussions about the company's future direction, especially in the cloud computing arena. The appointments were quietly disclosed in company filings. Magouyrk, who oversees Oracle's cl...
Big names in tech are placing their chips on Rescale, a startup that's making waves in the engineering world. This company is all about using cloud computing to speed up complex simulations and calculations. They just secured $115 million in funding, bringing their total raised to over $260 million. Investors like Applied Ventures, Foxconn, and Nvidia are backing the...
CoreWeave, a cloud computing firm supported by Nvidia, concluded its first day of trading on the Nasdaq at the same price it started at. This happened after a $1. 5 billion initial public offering. The company's shares, traded under the ticker CRWV, began at $39 on Friday, which was below the IPO price of $40 per share. The IPO was notable for being the largest in t...
Google is making a significant move in the cybersecurity world. The tech giant has agreed to purchase Wiz, a cybersecurity firm, for $32 billion. This is Google's largest acquisition ever, surpassing the $23 billion offer it made last July, which Wiz turned down. The deal is set to close in 2026, pending regulatory approval. Wiz, founded in 2020, specializes in crea...
Have you ever wondered how cloud computing can supercharge static analysis? Well, let's dive into how Microsoft Azure is making a significant difference in this field. Researchers have been exploring the use of Azure to run the Static Driver Verifier (SDV), a tool designed to check the safety of device drivers. By moving SDV to the cloud, they've seen major improveme...
Imagine starting your dinner prep and chatting with your Amazon Echo. No, it's not just for music or weather updates. With smart cooking, Echo uses the power of the internet of things and cloud computing to help you cook like a pro. You ask, Echo listens, and then it sends your query to cloud services. These services tap into a wealth of cooking knowledge and check w...
Looking to stay ahead in the AI game, Amazon has just poured an extra $4 billion into Anthropic, making it a total of $8 billion. This move marks Amazon as a key player in the AI race. With this investment, Amazon is not just a financial backer but also Anthropic’s main cloud partner. This ensures Anthropic uses Amazon's special chips, Trainium and Inferentia, for al...
Microsoft just reported a whopping 16% increase in revenue for the first quarter of the fiscal year 2025, reaching a massive $65. 6 billion. This figure not only surpassed what analysts expected but also showed where Microsoft is placing its bets for the future. Instead of relying heavily on traditional software and hardware, they're looking towards the sky—literally...
In the third quarter of this year, Alphabet, the parent company of Google, saw a huge jump in profits—a whopping 34 percent! This increase was mainly driven by the strong growth in their cloud business. Why the sudden boost? Well, there's a high demand for computing and data services that help train and run artificial intelligence models. You might be wondering, "Ar...