cloud computing

S&P warns all major hyperscalers burning cash as AI capex hits record levels

The five largest cloud infrastructure companies have collectively spent $1.1 trillion on capital expenditures over the past five years, and the bill is only getting larger. Analyst estimates compiled by Visible Alpha project another $5.3 trillion through 2030, according to…

Anthropic locked in $517B in compute deals in 11 months

Anthropic has committed to cloud computing deals totaling approximately $517 billion over the past 11 months, according to a report published Sunday by The Information, as the Claude AI maker races to secure enough infrastructure to meet demand for its…

SpaceXAI confirms Memphis data center caused Grok, Claude outages

Three of the world's most widely used AI platforms — OpenAI's ChatGPT, Anthropic's Claude and xAI's Grok — went offline within minutes of each other on September 3, disrupting millions of users and exposing the fragile infrastructure underpinning the AI…

Nscale seeks $3.5B in pre-IPO funding ahead of U.S. listing

London-based AI cloud computing company Nscale is in talks with investors to raise as much as $3.5 billion in financing ahead of a planned U.S. initial public offering, according to a Bloomberg News report on Friday.

Microsoft begins rolling out OpenAI’s GPT-6 Astra on Azure

Microsoft CEO Satya Nadella announced Thursday that enterprise customers have already begun using OpenAI's newly launched GPT-6 Astra model on Azure, as the company moves to position its cloud platform at the center of the latest wave of AI capabilities.

Goldman Sachs warns falling AI token prices risk compute oversupply

Goldman Sachs The Goldman Sachs Group, Inc. is warning that a rapid decline in AI token prices may be outpacing growth in usage, raising the prospect of an oversupply of computing capacity that could weigh on equity valuations across the…

Nscale signs $3.5B deal to power Figure’s humanoid robots

AI cloud infrastructure provider Nscale announced on Thursday a multi-year strategic partnership with humanoid robotics company Figure, committing an initial $3.5 billion in compute capacity with the intent to scale the arrangement to more than $6 billion. Nscale will also…

Microsoft discloses Azure revenue for the first time in reporting overhaul

Microsoft on Wednesday disclosed standalone revenue figures for its Azure cloud unit for the first time, ending years of investor pressure for greater transparency into one of the tech industry's most closely watched businesses. The company revealed that Azure generated…

Sutskever warns rogue AI agents could hijack neoclouds

Ilya Sutskever, co-founder of Safe Superintelligence and OpenAI, warned on September 1 that neocloud providers — the GPU-first cloud companies powering the AI boom — are vulnerable to hijacking by rogue AI agents that could autonomously seize compute infrastructure to…

Anthropic lets businesses keep AI data on their own servers after privacy backlash

Anthropic on Tuesday announced Enterprise Frontier Safeguards, a new privacy framework that lets enterprise customers store activity data in their own cloud infrastructure rather than on Anthropic's systems, marking a reversal of a controversial data retention policy that had stalled…

Baidu CFO says AI margins approach search-level profitability

Baidu CFO Henry He said the company's AI business margins are on track to match those of its legacy search and advertising operations in the near term, as the Chinese tech giant's artificial intelligence revenue now accounts for more than…

AI token prices hit record low as index falls below $1

The cost of running artificial intelligence models has fallen to its lowest point on record, capping a months-long price war led by Chinese AI labs that has cut inference costs by more than half since early summer.

Microsoft 365 outage enters second day as search issues persist

A widespread Microsoft 365 disruption that began Monday morning has stretched into its second day, with the company reporting recovery of Exchange Online mail flow but continuing to work on restoring search functionality across multiple services.

Anthropic signs $35B cloud deal backed by Nvidia

Anthropic has finalized a $35 billion cloud-computing agreement with Lambda, a cloud service provider backed by Nvidia, according to an exclusive report by The Wall Street Journal News Corp published Monday. The deal underscores Nvidia's expanding role as an intermediary…

AWS and Microsoft Azure launch joint multicloud networking service

Amazon Web Services Amazon.com, Inc. and Microsoft Azure on Monday announced a joint multicloud networking solution that allows customers to provision private, high-performance connectivity between the two cloud platforms on demand — an unusual collaboration between the world's two largest…

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Trump admin drafts rule to block China’s remote AI chip access

The Trump administration is developing a new export control rule aimed at preventing Chinese companies from accessing advanced AI computing power through overseas data centers, according to a report by The Information published on August 28, 2026. The proposed regulation…

AWS to deploy 2 million more NVIDIA GPUs by 2028

Amazon Web Services and NVIDIA announced on Wednesday a major expansion of their strategic collaboration, with AWS planning to deploy 2 million additional NVIDIA GPUs across its global infrastructure in 2027 and 2028 to meet what both companies described as…

Alibaba completes record $10.2B share sale to fund AI

Alibaba Group on Wednesday completed Hong Kong's largest-ever equity placement, raising HK$80 billion ($10.2 billion) through the sale of 710 million newly issued shares priced at HK$112.70 each. The company said it will direct all proceeds toward building out its…

Alibaba launches Qwen3.8-Flash AI model, previews Qwen4 architecture

Alibaba's Qwen team on Wednesday released Qwen3.8-Flash, a multimodal AI model that delivers stronger coding and office-task performance at roughly one-ninth the training cost of its predecessor, while simultaneously open-sourcing Qwen3.8-Flash-Next as an architectural preview of the upcoming Qwen4 model…

Moonshot AI in revenue talks with Microsoft, Amazon, Google

China's Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon Amazon.com, Inc., and Alphabet's Google that would allow the U.S. cloud giants to host its Kimi K3 model, Reuters reported on Wednesday, citing three people familiar with the talks.

OpenAI’s GPT-5.6 models launch inside AWS’s Kiro coding tool

OpenAI announced on Monday that its GPT-5.6 model family is now available inside Kiro, AWS's Amazon.com, Inc. spec-driven development environment, deepening a partnership between the two companies that has escalated to more than $100 billion in committed spending over the…

SpaceXAI to deploy Nvidia’s Vera CPUs for agentic AI

Nvidia announced Monday that SpaceXAI will deploy its Vera CPUs to power the next generation of agentic AI applications, expanding an infrastructure buildout the company says is scaling toward gigawatts of computing capacity. The deal marks a deepening partnership between…

Alibaba launches Wan3.0 video model after $10B share sale

Alibaba officially launched Wan3.0, the latest version of its AI video generation model, on Monday, capable of producing 30-second videos from documents, spreadsheets, slides, and web pages. The release comes one day after the company announced a roughly $10.2 billion…

Alibaba and Tencent spend $18B on AI in a single quarter

China's two largest publicly traded technology companies spent a combined 120 billion yuan — roughly $18 billion — on capital expenditures in the second quarter of 2026, as an AI infrastructure arms race intensifies among the country's internet giants.

Alibaba plans $10B Hong Kong share sale to fund AI push

Alibaba announced on Sunday a proposed placement of new shares in Hong Kong worth HK$80 billion ($10.2 billion), with all proceeds earmarked for artificial intelligence investment in what would be the largest-ever primary follow-on offering by a Hong Kong-listed company.

OpenAI deploys Nvidia’s Vera Rubin racks for frontier AI training

OpenAI's Head of Infrastructure, Uday Ruddarraju, announced this week that the first batch of Nvidia Vera Rubin racks have been deployed and are running the company's training stack. "This is a significant step in scaling our computing capabilities, which will…

OpenAI cuts GPT-5.6 Sol pricing by over 20%

OpenAI is reducing the API and credit pricing of its flagship GPT-5.6 Sol model by more than 20%, according to a Reuters report on Friday. The move marks the first price cut for the company's most capable reasoning model since…

OpenAI GPT-5.6 models expand to 25+ AWS Regions via Bedrock

Amazon Web Services Amazon.com, Inc. has launched cross-region inference for OpenAI's GPT-5.6 model family on Amazon Bedrock, expanding access to more than 25 AWS Regions worldwide. The announcement, made on August 17 and detailed in a technical blog post published…

Anthropic plans to let customers store data on own servers

Anthropic plans to allow enterprise customers to retain data on their own cloud infrastructure rather than the company's servers, according to Bloomberg, a shift from a policy that has drawn pushback from businesses wary of sharing sensitive information with the…

Alibaba unveils major restructuring around AI and cloud

Alibaba released its fiscal first-quarter 2027 results on Thursday before U.S. markets opened, pairing the earnings report with a sweeping organizational overhaul that consolidates its sprawling empire around two priorities: artificial intelligence and cloud computing.