Tag #Cloud Computing

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themarker.com

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May 14, 13:15

Nebius Wins Israeli National Supercomputer Tender

Nebius, a European cloud computing company founded by Arkady Volozh, won the tender to build Israel's national supercomputer for AI research and development, a project valued at over 500 million shekels with a 160 million shekel government grant, after years of delays and a previous failed attempt.

Nebius Wins Israeli National Supercomputer Tender

Nebius, a European cloud computing company founded by Arkady Volozh, won the tender to build Israel's national supercomputer for AI research and development, a project valued at over 500 million shekels with a 160 million shekel government grant, after years of delays and a previous failed attempt.

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What is the significance of Nebius winning the tender to build Israel's national supercomputer for AI research and development?

Nebius", a European cloud computing company, has won a tender to build Israel's national supercomputer, a project involving over 500 million shekels, including a 160 million shekel government grant. The supercomputer will serve Israel's AI research and development community, with Nebius promising to deliver significantly more computing power than initially required by early 2026.

kathimerini.gr

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May 8, 13:20

Big Tech's $320 Billion AI Gamble

Facing potential disruption, Big Tech companies like Microsoft, Alphabet, Amazon, and Meta are investing a combined $320 billion in capital expenditures in 2024, a 13-fold increase from a decade ago, primarily to develop AI infrastructure, despite the typically lower returns associated with capital-...

Big Tech's $320 Billion AI Gamble

Facing potential disruption, Big Tech companies like Microsoft, Alphabet, Amazon, and Meta are investing a combined $320 billion in capital expenditures in 2024, a 13-fold increase from a decade ago, primarily to develop AI infrastructure, despite the typically lower returns associated with capital-...

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What are the immediate implications of Big Tech's massive increase in capital expenditures, particularly for AI development?

Big Tech companies, including Microsoft, are dramatically increasing capital expenditures, primarily for AI-related infrastructure like chips and data centers. This shift contrasts with their historical preference for low capital intensity, raising concerns about profitability and valuations.

theglobeandmail.com

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May 2, 01:16

Amazon's Q1 Results Miss Estimates, Shares Fall

Amazon reported slower-than-expected growth in its cloud computing division and lower-than-projected operating income for the first quarter, causing its stock to fall 5 percent in after-hours trading; the company's forecast for the current quarter also fell short of analysts' expectations.

Amazon's Q1 Results Miss Estimates, Shares Fall

Amazon reported slower-than-expected growth in its cloud computing division and lower-than-projected operating income for the first quarter, causing its stock to fall 5 percent in after-hours trading; the company's forecast for the current quarter also fell short of analysts' expectations.

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How are the increased tariffs impacting Amazon's retail business, and what is the company's response to these challenges?

Amazon's weaker-than-anticipated Q1 results are attributed to several factors. Increased tariffs on Chinese imports are creating uncertainty among retailers, with some sellers reportedly boycotting Amazon's Prime Day sales event. This uncertainty, combined with the expectation that tariffs will increase retail prices, might be affecting consumer spending patterns and impacting Amazon's revenue growth.

forbes.com

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May 1, 13:16

Microsoft Q3 2025 Results Exceed Expectations, Driven by Azure Growth

Microsoft reported \$70.1 billion in revenue and \$3.46 earnings per share for fiscal Q3 2025, exceeding expectations and driven by a 33% surge in Azure cloud services revenue; the company projects \$73.7 billion in Q4 revenue.

Microsoft Q3 2025 Results Exceed Expectations, Driven by Azure Growth

Microsoft reported \$70.1 billion in revenue and \$3.46 earnings per share for fiscal Q3 2025, exceeding expectations and driven by a 33% surge in Azure cloud services revenue; the company projects \$73.7 billion in Q4 revenue.

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How did Microsoft's different business segments contribute to its overall Q3 performance?

Microsoft's Q3 success reflects the company's strategic focus on cloud computing, specifically Azure. Increased sales of Microsoft 365 and LinkedIn also contributed to the overall growth. The positive Q4 outlook, exceeding consensus estimates, further reinforces the company's financial strength and market position.

abcnews.go.com

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Apr 30, 19:21

Microsoft Vows to Fight US Data Center Shutdown Orders, Expands European Operations

Microsoft announced it will legally challenge any US government order to halt its European data center operations and is investing tens of billions of dollars annually to expand data center capacity by 40% over two years in 16 European countries to address concerns about transatlantic tensions and c...

Microsoft Vows to Fight US Data Center Shutdown Orders, Expands European Operations

Microsoft announced it will legally challenge any US government order to halt its European data center operations and is investing tens of billions of dollars annually to expand data center capacity by 40% over two years in 16 European countries to address concerns about transatlantic tensions and c...

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How do recent geopolitical tensions between the US and Europe influence Microsoft's business strategy in Europe?

This commitment follows President Trump's actions, including tariffs and policy changes, which have increased transatlantic tensions. Microsoft's actions aim to reassure European governments and businesses, especially amidst growing calls for European tech sovereignty. The expansion also demonstrates Microsoft's intent to maintain its market share in Europe despite geopolitical uncertainties.

forbes.com

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Apr 25, 13:18

Google Q1 2025 Earnings Exceed Expectations, Driven by Cloud Growth

Google's Q1 2025 earnings exceeded expectations, reporting $90.23 billion in revenue and $2.81 EPS, driven by strong cloud growth (28% increase to $12.3B) and double-digit growth in Search and YouTube ads; GOOG stock surged 5% after-hours.

Google Q1 2025 Earnings Exceed Expectations, Driven by Cloud Growth

Google's Q1 2025 earnings exceeded expectations, reporting $90.23 billion in revenue and $2.81 EPS, driven by strong cloud growth (28% increase to $12.3B) and double-digit growth in Search and YouTube ads; GOOG stock surged 5% after-hours.

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How did Google's performance in specific business segments contribute to the overall financial results?

The 12% year-over-year revenue growth and 200 basis point expansion in operating margin to 34% highlight Google's operational efficiency. This, combined with higher revenue, led to a 49% increase in earnings per share. The market reacted positively, with GOOG stock surging 5% after-hours.

es.euronews.com

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May 12, 13:10

Microsoft Invests in European Data Centers to Boost Economic Competitiveness

Microsoft announced its New European Digital Commitments on April 30th, including a 40% data center capacity expansion across 16 European countries within two years, legal clauses to challenge operational disruptions, and a commitment to fostering European economic competitiveness in an AI-driven ec...

Microsoft Invests in European Data Centers to Boost Economic Competitiveness

Microsoft announced its New European Digital Commitments on April 30th, including a 40% data center capacity expansion across 16 European countries within two years, legal clauses to challenge operational disruptions, and a commitment to fostering European economic competitiveness in an AI-driven ec...

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How will Microsoft's increased investment in European data centers impact European job creation and economic growth in the next two years?

On April 30th, Microsoft announced its New European Digital Commitments, pledging to bolster Europe's digital resilience and economic competitiveness. This includes a 40% expansion of European data center capacity within two years, resulting in over 200 operational centers across 16 countries. Immediate job creation and a "multiplier effect" for clients are anticipated.

euronews.com

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May 5, 22:10

Denmark to Lead EU Discussions on Major Digital Files

Denmark will chair EU discussions in July on the EU Cloud and AI Development Act, aiming to triple data center capacity by 2030, and the Digital Networks Act (DNA), which will overhaul telecom regulations, before the European Commission presents its proposals by year's end.

Denmark to Lead EU Discussions on Major Digital Files

Denmark will chair EU discussions in July on the EU Cloud and AI Development Act, aiming to triple data center capacity by 2030, and the Digital Networks Act (DNA), which will overhaul telecom regulations, before the European Commission presents its proposals by year's end.

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How will the EU's plan to overhaul telecom regulations in the DNA address concerns raised by member states regarding the initial proposal?

The EU seeks to boost its digital infrastructure and AI adoption. The Cloud and AI Development Act targets increased data center capacity and sustainable practices, while the DNA aims to modernize telecom regulations, addressing concerns raised by member states. These initiatives are part of a broader plan to enhance the EU's digital competitiveness.

elpais.com

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May 2, 01:16

Amazon Q1 2024: Strong Growth Amidst Trade War Uncertainty

Amazon's Q1 2024 revenue reached $155.667 billion (9% increase), with net income soaring to $17.127 billion (64% increase), driven by cloud computing, e-commerce, and other divisions; despite trade war uncertainties, Q2 projections show continued growth.

Amazon Q1 2024: Strong Growth Amidst Trade War Uncertainty

Amazon's Q1 2024 revenue reached $155.667 billion (9% increase), with net income soaring to $17.127 billion (64% increase), driven by cloud computing, e-commerce, and other divisions; despite trade war uncertainties, Q2 projections show continued growth.

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What were Amazon's Q1 2024 financial results, and what key factors contributed to its performance?

Amazon reported a 9% increase in revenue to $155.667 billion in Q1 2024, exceeding expectations. Net income surged 64% to $17.127 billion, driven by cloud computing and e-commerce. The company anticipates continued growth in Q2, despite global trade uncertainties.

theglobeandmail.com

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May 1, 01:16

Microsoft Q3 Beats Expectations on Strong Azure Growth, AI Boost

Microsoft's Q3 revenue topped expectations at $70.1 billion, driven by a 33% surge in Azure cloud revenue fueled by AI, exceeding estimates despite concerns about tariffs and AI demand; profit reached $3.46 per share.

Microsoft Q3 Beats Expectations on Strong Azure Growth, AI Boost

Microsoft's Q3 revenue topped expectations at $70.1 billion, driven by a 33% surge in Azure cloud revenue fueled by AI, exceeding estimates despite concerns about tariffs and AI demand; profit reached $3.46 per share.

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How did Microsoft's strategic spending shift influence its financial performance and what are the implications for its future investments?

The success is linked to increased commercial bookings, up 18%, fueled by a new Azure contract with OpenAI. While capital expenditures were lower than projected, this reflects a shift in spending from long-lived assets to shorter-lived ones like chips, which directly supports revenue generation. This strategic shift shows efficient resource allocation and fast revenue generation.

elmundo.es

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Apr 30, 16:13

Microsoft Expands European Data Centers Amid US-EU Tech Tensions

Microsoft President Brad Smith announced in Brussels a 40% increase in European data center capacity by 2027, emphasizing commitment to European data privacy, legal battles against US data requests, and collaboration with European cloud providers amid rising US-EU economic tensions.

Microsoft Expands European Data Centers Amid US-EU Tech Tensions

Microsoft President Brad Smith announced in Brussels a 40% increase in European data center capacity by 2027, emphasizing commitment to European data privacy, legal battles against US data requests, and collaboration with European cloud providers amid rising US-EU economic tensions.

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What are the potential long-term implications of Microsoft's strategy for the European tech market and the broader geopolitical landscape?

Microsoft's proactive approach to European data regulation and infrastructure investment highlights the evolving geopolitical landscape. This strategy anticipates future regulatory changes, emphasizing interoperability in AI and advocating for globally harmonized regulations. The company's legal battles against US government data requests underscore its dedication to protecting European user data.

elpais.com

🌐 85% Global Worthiness

Apr 25, 04:12

Alphabet Q1 2025: Record Profits Driven by AI and Cloud Computing

Alphabet reported record Q1 2025 revenue of \$90.234 billion (12% increase) and profit of \$34.540 billion (46% increase), driven by AI-powered cloud computing growth (28% to \$12.260 billion) and digital advertising (8.5% to \$66.685 billion), despite a recent monopolistic practices ruling.

Alphabet Q1 2025: Record Profits Driven by AI and Cloud Computing

Alphabet reported record Q1 2025 revenue of \$90.234 billion (12% increase) and profit of \$34.540 billion (46% increase), driven by AI-powered cloud computing growth (28% to \$12.260 billion) and digital advertising (8.5% to \$66.685 billion), despite a recent monopolistic practices ruling.

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What are the key factors driving Alphabet's record-breaking Q1 2025 financial results, and what are the immediate implications?

Alphabet, Google's parent company, exceeded revenue and profit expectations in Q1 2025, reaching \$90.234 billion in revenue (a 12% increase) and \$34.540 billion in profit (a 46% surge). This success is attributed to strong performance in digital advertising and cloud computing, particularly boosted by AI advancements. A significant \$70 billion stock buyback plan was also announced.

Showing 49 to 60 of 145 results