cloud computing

Character.AI filings show compute costs dwarfed revenue

Court documents in Character.AI's Chapter 11 case show a company that spent far more running its chatbots than it ever brought in. As of August, it was still losing about \$8 million to \$9 million a month, even after deep…

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Microsoft unveils Maia 300 chip to power its AI from 2027

Microsoft on Monday unveiled the Maia 300, the third generation of its custom AI chip. The company said its Maia chips will become the "primary inference system for Microsoft products and services" starting in 2027, and that it will scale…

Anthropic inks unannounced IREN cloud deal, report says

Anthropic has signed a multiyear cloud agreement with IREN that neither company has announced, The Information reported. The report says Anthropic is under pressure to bring capacity online quickly across roughly $530 billion in data-center leases. According to AI Weekly's…

Amazon eyes $8B Nvidia chip lease deal, reports say

Amazon now expects to spend about $220 billion in cash capital expenditures in 2026, up from its earlier estimate of about $200 billion. CEO Andy Jassy announced the higher figure in July, when Amazon Web Services reported $42.2 billion in…

Nadella moves Microsoft toward usage-based AI pricing

Satya Nadella rebuilt Microsoft once, turning it into a cloud company. Now investors want to know if he can do it again with artificial intelligence. CNBC reported on Monday, Oct. 5, that Microsoft got into AI early but has not…

EU plans to name AWS, Azure DMA gatekeepers, Bloomberg says

The European Commission plans to designate Amazon Web Services and Microsoft Azure as gatekeepers under the Digital Markets Act in November. Bloomberg reported the plan on Friday, citing people familiar with the matter. The move would bring the two largest…

Amazon seeks to offload $8B of Nvidia chips from balance sheets, FT reports

Amazon Amazon.com, Inc. is looking to move about $8 billion of advanced Nvidia chips into a new investment vehicle and lease them back, the Financial Times reported on Friday, October 2, citing people familiar with the matter. The aim is…

Huawei launches Ascend 950 AI cloud service in China

Huawei Cloud's Ascend 950 AI computing cluster service became available to commercial customers in China on Wednesday, September 30. Customers outside China will get access starting November 30. Huawei Cloud CEO Zhou Yuefeng gave both dates at Huawei Connect 2026,…

Microsoft redesigns Copilot with app-building tools and usage-based billing

Microsoft has unveiled a sweeping redesign of its Copilot AI assistant, introducing three new modes and shifting its small-business licensing to usage-based billing by default starting Nov. 2. The changes mark the company's clearest move yet to split AI work…

Oracle cuts over 2,500 in second layoff wave of 2026

Oracle has carried out a second major round of layoffs this year, with more than 2,500 workers affected globally as the company funnels tens of billions of dollars into artificial intelligence infrastructure while tightening costs elsewhere.

Microsoft commits over $10B to Gulf AI push through 2030

Microsoft announced on Wednesday a plan to invest more than $10 billion in capital and operating expenses across Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates through 2030, as the Gulf region positions itself as a global hub for…

Anthropic, OpenAI launch dueling models in AI price war

The generative AI industry's two leading labs released competing models within hours of each other on Tuesday, each built around the same pitch: frontier-level intelligence should cost less.

AWS becomes first cloud provider cleared for NATO restricted data

Amazon Web Services Amazon.com, Inc. announced on Tuesday that it has become the first cloud provider approved to handle NATO RESTRICTED workloads across all 32 member nations, a milestone that positions the company ahead of rivals Microsoft and Google Alphabet…

JPMorgan, UBS project cloud and AI capex nearing $1 trillion

Two of the world's largest banks issued forecasts in recent days pointing to a rapid acceleration of spending on artificial intelligence and cloud infrastructure, with both projecting annual capital expenditures crossing the $1 trillion threshold within the next year.

Alibaba launches multimodal AI model with drastically cheaper pricing

Alibaba's Qwen team on Friday released Qwen3.8-Omni-Flash, a native omni-modal AI model that accepts text, image, audio, and video inputs through a single architecture with a 1 million token context window. The launch sent Alibaba's Hong Kong-listed shares up more…

Gartner forecasts global AI spending to hit $2.7T in 2026

Worldwide spending on artificial intelligence is forecast to total $2.7 trillion in 2026, a 49.5% increase from the prior year, according to a new forecast released Wednesday by Gartner. The figure marks the third upward revision this year from the…

Salesforce suffers global outage during Dreamforce conference

Salesforce experienced a global service disruption on Wednesday, leaving customers across all regions unable to access core services — an embarrassing stumble that coincided with the company's marquee Dreamforce 2026 conference in San Francisco.

AWS says it cannot restore Gulf cloud facilities damaged in Iran war

Amazon Amazon.com, Inc. Web Services announced on Tuesday that it cannot restore access to its cloud-computing facility in Bahrain and one of three data hosting zones in the United Arab Emirates, months after the infrastructure was damaged during the Iran…

Nvidia’s top 3 customers now account for 44% of revenue

Nvidia's reliance on a handful of customers has deepened to levels that are drawing fresh scrutiny from analysts and investors. In the first half of fiscal year 2027, which covers February through July 2026, the chipmaker's top three direct customers…

Google Cloud backlog hits $514B after 82% revenue growth

Alphabet's Google Cloud division has emerged as one of the fastest-growing segments in enterprise technology, posting 82% year-over-year revenue growth in the second quarter of 2026 and pushing its contracted backlog to $514 billion. The results, disclosed during Alphabet's July…

Oracle adds $700M to layoff plan as AI spending strains finances

Oracle disclosed Friday that it has increased the scope of its planned workforce reductions, adding $700 million to its "2026 Restructuring Plan" and bringing the total estimated costs to approximately $2.8 billion, according to a regulatory filing reported by Bloomberg.…

EU deepens antitrust probe into Broadcom’s VMware licensing

Broadcom's restructuring of VMware software licensing following its $61 billion acquisition is drawing renewed attention from European Union antitrust regulators, who have sent a fresh round of questions to cloud providers as part of a deepening investigation into whether the…

Microsoft plans to triple data center capacity by 2032

Microsoft intends to more than triple its global data center capacity to over 38 gigawatts by 2032, up from approximately 12 gigawatts today, according to a Bloomberg report published Thursday. The expansion would give the company a computing footprint that…

Oracle cloud infrastructure revenue doubles, beating estimates

Oracle reported fiscal first-quarter results on Thursday that exceeded Wall Street expectations across the board, with net income climbing 60% and cloud infrastructure revenue more than doubling as the company's aggressive push into AI-driven data center capacity began to pay…

Oracle shares jump as cloud infrastructure revenue doubles

Oracle reported fiscal first-quarter results on Thursday that handily beat analyst expectations, powered by a 121% surge in cloud infrastructure revenue that sent shares climbing in after-hours trading.

Arm unveils 128-core cloud chip, AGI CPU at Shanghai event

Arm Holdings unveiled a sweeping set of product updates across its mobile, cloud, and physical AI business lines at the Arm Everywhere China conference in Shanghai on September 8, marking its most aggressive push yet into the server market long…

Google Cloud CEO says TPU business is twice rivals’ size

Alphabet's cloud division reported 82% year-over-year revenue growth in the second quarter, reaching $24.8 billion and widening its lead over rivals Amazon Amazon.com, Inc. Web Services and Microsoft Azure in growth rate. The results, disclosed in Alphabet's July earnings report,…

OpenAI says enterprise revenue jumped 32% in a month, now rivals consumer business

OpenAI's enterprise business grew 32% from June to July, far outpacing the company's 20% overall annualized revenue growth during the same period, Chief Financial Officer Sarah Friar disclosed Monday at Goldman Sachs's The Goldman Sachs Group, Inc. Communacopia + Technology…

Zankore lands $3.1B loan for Nvidia AI cloud in SE Asia

Zankore, the AI compute and neocloud platform backed by Qatar's Ooredoo Group, said Wednesday it has signed a senior term loan facility of up to $3.1 billion to fund the deployment of Nvidia -powered GPU and cloud-computing infrastructure across Indonesia…

OpenAI’s GPT-6 Astra reaches general availability on Amazon Bedrock

OpenAI's GPT-6 Astra, the company's most capable model to date, reached general availability on Amazon Amazon.com, Inc. Bedrock on Tuesday, completing the broadest phase yet of a rollout that began on September 3 with a narrow set of enterprise partners.…