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Cloud: Latest News and Analysis

Reuters
Oracle misses quarterly results estimates on stiff cloud competition
Oracle's second-quarter revenue grew less than Wall Street expected on Monday, hit by stiff competition among database and cloud services providers, sending its shares down more than 7% in extended ...
Nikkei Asia
Vietnam's FPT eyes investment from SBI in Japan AI data center business
SBI agreed on Monday to consider investing in FPT Smart Cloud Japan by the end of January. The new company, using servers equipped with U.S. chipmaker Nvidia's graphics processing units, intends to ...
Bloomberg
Blackstone’s Data-Center Ambitions School a City on AI Power Strains
Property owners around Fayetteville, Georgia, are at the front lines of a battle over infrastructure critical to our tech future.
CRN
Storing, Feeding And Managing Data For Cloud, AI: The Biggest Storage News At AWS re:Invent 2024
CRN has brought together the latest offerings from seven storage vendors who used AWS re:Invent 2024 to introduce new hardware and software aimed at backing up data, providing visibility into stored ...
CRN
The 10 Hottest Cloud And AI Security Startups Of 2024
CRN’s list of the hottest cloud and AI security startups of 2024 includes startups focused on securing data, identities and AI systems in cloud environments such as AWS, Microsoft Azure and Google ...
Reuters
US AI task force co-chair asks FERC to support co-located data centers - letter
A co-chair of the U.S. Congressional artificial intelligence task force urged federal energy regulators this week to support the development of data centers directly connected to power plants, citing ...
TechCrunch
Women in AI: Tamar Eilam is helping IBM build sustainable computing
To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews ...
TechCrunch
AWS pledges $100M in cloud credits to help education organizations build learning tools
AWS, Amazon's cloud computing unit, today announced the Education Equity Initiative, which aims to provide "education organizations with technologies to ...
TechCrunch
AWS makes its SageMaker HyperPod AI platform more efficient for training LLMs
Invent conference, Amazon's cloud computing unit launched SageMaker HyperPod, a platform for building foundation models. It's no ...
Reuters
Schneider Electric working with Nvidia to design data center cooling systems
French electrical equipment maker Schneider Electric is working with Nvidia to develop designs for data center cooling systems for use in new artificial intelligence data centers, it said on Wednesday ...
VentureBeat
AWS cuts database prices almost 50% and adds distributed scaling capabilities
Learn More AWS is expanding the capabilities of its cloud database portfolio, while at the same time reducing costs for enterprises. In a session at AWS re:invent 2024 today, the cloud giant outlined ...
Wall Street Journal
Amazon Announces Supercomputer, New Server Powered by Homegrown AI Chips
The company’s megacluster of chips for artificial-intelligence startup Anthropic will be among the world’s largest, it said, and its new giant server will lower the cost of AI as it seeks to build an ...
TechCrunch
AWS and GitLab team up to bring Amazon Q agents to GitLab’s Duo Assistant
GitLab, the popular developer and security platform, and AWS, the popular cloud computing and AI service, today announced that they have teamed up to ...
TechCrunch
AWS announces Aurora DSQL, a new distributed SQL database that promises virtually unlimited scalability
Invent conference, Amazon's AWS cloud computing unit today announced Amazon Aurora DSQL, a new serverless, distributed SQL database that ...
TechCrunch
Amazon announces Nova, a new family of multimodal AI models
At its re:Invent 2024 conference, Amazon Web Services (AWS), Amazon’s cloud computing division, announced a new family of generative AI, multimodal models called Nova.
TechCrunch
Clarifai introduces vendor-agnostic orchestration capabilities
Clarifai's latest update allows enterprise customers to access the company's AI tools and sources of compute in one place.
ARPU
Asia's Data Center Boom Fuels Sizzling Valuations

Global investors are flocking to Asia-Pacific data center operators, undeterred by high valuations driven by soaring demand for artificial intelligence services, according to Reuters. Industry executives attribute the premium valuations to the sector's nascent stage and promising growth prospects, though some express concerns about infrastructure limitations.

Data centers,

SiliconANGLE
SurrealDB’s Surreal Cloud debuts on AWS S3 for scalable multimodel database as a service
It’s for developers who want to leverage the power and flexibility of SurrealDB without the complexities of managing infrastructure. Available on Amazon Web Services Inc.’s S3 platform, Surreal Cloud ...
Reuters
Insight Partners sells $2 billion stake in data firm Veeam at $15 billion valuation
U.S. private equity firm Insight Partners has sold a $2 billion stake in cloud data company Veeam Software in a secondary sale valuing the Swiss firm at $15 billion, it said on Wednesday. Veeam, which ...
Reuters
UK to publish provisional report on cloud computing in January
Britain's competition regulator will issue its provisional findings of its cloud computing investigation in January, rather than this month, according to a revised timetable published on Tuesday.
Inc
Amazon Brings the Cloud to Earth With Data Upload Sites
Storing data on the cloud means it can be accessed anywhere, but uploading data to a cloud service can be time-consuming and may carry security risks. New data sites can fix that.
VentureBeat
Enterprise AI gets closer to data with Couchbase’s new Capella AI services
Couchbase integrates model serving, vectorization, agent catalog and enterprise AI function calling into its cloud database platform to help enterprises overcome deployment challenges.
CRN
Couchbase Accelerates AI Agentic Application Development With New Database Services
Couchbase is adding new artificial intelligence capabilities to its Capella cloud database that the company says will streamline the development of agentic AI applications.
Reuters
Microsoft faces UK lawsuit over cloud computing licences
Microsoft faces legal action in Britain over a claim that thousands of businesses using cloud computing services provided by Amazon, Google and Alibaba could be paying higher licence fees to use ...
TechCrunch
UK antitrust suit hits Microsoft with claim for $1.25B in cloud fees damages
Microsoft is in the crosshairs of a U.K. competition class-action style lawsuit that's seeking £1 billion (around $1.25 billion at current exchange rates) ...
TechCrunch
AWS re:Invent 2024: Live updates from Amazon’s biggest event
Amazon's re:invent 2024 conference returns to Las Vegas for a series of reveals and keynotes through December 6. AI is expected to be the focus of the event, but there's plenty more in store for ...
SiliconANGLE
Clarifai’s new AI compute orchestration platform spans every cloud and private data center environment
Clarifai's new AI compute orchestration platform spans every cloud and private data center environment - SiliconANGLE ...
Bloomberg
Amazon Debuts Tools to Make Data Centers Less Power Hungry
Amazon.com Inc.’s cloud unit is rolling out components it says will make data centers run more efficiently, a move that could help address the growing strain power-hungry server farms are putting on ...
Reuters
Amazon's cloud service shows new AI servers, says Apple will use its chips
Amazon.com's cloud unit on Tuesday showed new data center servers packed with its own AI chips that will challenge Nvidia , with Apple coming aboard as a customer to use them.
TechCrunch
AWS wants to make your call center interactions less painful
Slowly but surely, Amazon's AWS cloud computing unit has become a major player in the call/contact center space with its Amazon Connect cloud-based (and ...
TechCrunch
AWS launches an incident response service to combat cybersecurity threats
Amazon has launched AWS Security Incident Response, a service to help triage and respond to cybersecurity threats.
TechCrunch
Cloud security specialist Upwind confirms it raised $100M at a $900M valuation
In November, TechCrunch broke the news on how cybersecurity startup Upwind was getting a lot of inbound interest to raise money on a big valuation. Now, ...
TechCrunch
AWS opens physical outlets that let customers upload their data
Amazon Web Services, Amazon's cloud computing business, has opened physical locations where customers can upload their data.
SiliconANGLE
Oracle database on AWS cloud enters limited preview
Those differences now appear to be a thing of the past. AWS customers can soon run Oracle’s Exadata Database Service on Oracle Cloud Infrastructure on AWS infrastructure, starting with the AWS US East ...
Bloomberg
Nvidia Joins $700 Million Deal in Nebius for AI Cloud Services
Nebius Group NV, the technology company rebranded from Russian internet giant Yandex, has raised $700 million from a slate of investors including Nvidia Corp. and Accel Partners LP.
TechCrunch
Ex-NBA athlete Omri Casspi launches $60M fund targeting cybersecurity, cloud infra and AI
Omri Casspi raises $60 million for his latest venture fund, Swish Ventures, backing cybersecurity, cloud infrastructure, and AI startups.
Bloomberg
Microsoft faces broad antitrust investigation from Federal Trade Commission
The FTC is looking at everything from the company’s cloud computing and software licensing businesses to cybersecurity offerings and AI products.
SiliconANGLE
Streaming data infrastructure: Scaling AI with cloud-native innovation
Modernize your streaming data infrastructure with schema-driven innovations for scalability, cost-efficiency and seamless AI integration. Learn more today!
VentureBeat
Breaking the cloud backup ‘black box’ with intelligent data mapping and retrieval
Eon makes enterprise cloud backup instantly searchable, allowing users to retrieve specific files, records from tables, spreadsheets, etc.