August 03, 2024 Amazon AWS
Amazon Web Services (AWS) brought in $26.3 billion in revenue for Q2 2024, an 18.8 percent jump over last year. However, Amazon still recorded a slower growth rate than its main rivals, Microsoft Azure and Google Cloud, both of which saw growth of 29 percent in the quarter. The growth of AWS has...
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August 02, 2024 Microsoft Azure
Microsoft has signed a new cabon capture deal with climate solutions provider 3Degrees to purchase more than 80,000 metric tons of carbon removals from Western Rivers Conservancy's (WRC) Blue Creek Improved Forest Management Project, located in Northern California. "Microsoft's investment in the...
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August 02, 2024 Google
Google Cloud has announced that it will be offering Y Combinator startups access to a subsidized cluster of Nvidia GPUs and Google's tensor processing units (TPUs) to build artificial intelligence (AI) models. Google will also be offering priority access to the Summer 2024 cohort of startups, as...
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August 02, 2024 Microsoft Azure
Australian wealth management fund Colonial First State (CFS) has signed a five-year agreement with Microsoft for cloud computing and artificial intelligence (AI) services which will see CFS continue to use Azure as its preferred cloud provider and deploy generative AI use cases in collaboration...
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July 31, 2024 Google
Humana Inc., a healthcare insurance company and Google Cloud have entered into an agreement which will see Humana modernizing its cloud infrastructure with Google Cloud, and using the Google's artificial intelligence technologies. Jim Rechtin, Humana CEO said: “Embracing technology solutions in...
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July 29, 2024 Microsoft Azure
Microsoft has claimed that its rivals Amazon Web Services (AWS) and Google are 'muddying the waters' of the antitrust investigation currently underway by the UK Competitions and Markets Authority (CMA). Google reiterated the criticism of Microsoft in its six-page response. which said; "We believe...
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July 27, 2024 Microsoft Azure
Microsoft has announced plans to deploy Lumen’s Private Connectivity Fabric (PCF) to improve its data center network infrastructure. Lumen will also migrate its workloads to Microsoft Azure and work with the company to deliver “telecom industry-specific solutions.” Erin Chapple, corporate vice...
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July 27, 2024 Google
Jaguar's Formula E team has selected Google Cloud as cloud partner and will be using Google Cloud's artificial intelligence (AI) and cloud computing technologies both on and off the track during the 2024/25 season. James Barclay, managing director of JLR Motorsport and Jagar TCS racing team...
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July 25, 2024 QTS Data Centers
Investment management company Blackstone in its latest earnings call mentioned that it has more than $70 billion in prospective data center pipeline development and over $70 billion in prospective data center pipeline development. CEO Stephen Schwarzman said that "the consequences of AI are as...
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July 23, 2024 Equinix
Equinix this week announced that it will be entering into the Philippines market after purchasing three facilities from Total Information Management, a local technology solutions provider. This deal comprises three carrier-neutral and interconnection-rich data centers with more than 1,000...
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July 20, 2024 Google
Google has launched an air-gapped version of its Google Distributed Cloud (GDC) hardware for AI which will enable enterprises to use cloud infrastructure for AI workloads in challenging environments outside of Google's data centers. Sachin Gupta, Google Cloud's general manager for infrastructure...
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July 19, 2024 Microsoft Azure
Microsoft has made an equity investment in a rare earth materials startup focused on recycling hard drives, Canada’s Cyclic Materials, a metals recycling company that has developed a patent-pending technology, CC360.“Microsoft is working to achieve zero waste across our direct operations,...
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July 18, 2024 Google
Google has signed a memorandum of understanding (MoU) with the Government of Romania and the company for ‘projects in digital infrastructure, innovation, and research.’ Local press has also reported that Google is in negotiations to invest $2 billion in developing data centers in the country....
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July 12, 2024 Microsoft Azure
Edge computing firm Armada has closed $40 million in funding led by M12, Microsoft’s venture fund. As part of the deal, Armada’s offerings will be made available on the Azure Marketplace.“This investment propels our total funding to over $100m and marks a significant milestone in our journey to...
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July 06, 2024 Amazon AWS
Amazon has partnered with the Australian government for the development of a high-security data center that will handle top-secret information with an investment of A$2 billion to be made over the next decade. Due to the "top secret" nature of the project, neither the location nor the specifics...
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July 05, 2024 Equinix
Ericsson has confirmed that it will record a noncash impairment charge of 11.4 billion Swedish crowns, which reflects lower anticipated market growth in some of Vonage’s current portfolio."We continue to advance our strategy to build a Global Network Platform for network APIs, which was the...
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July 04, 2024 Microsoft Azure
Microsoft has announced that CCL, a provider of IT and hybrid cloud services within local telco Spark's Business Group, will be its first at-scale cloud launch partner for the upcoming New Zealand cloud region.“We’ve seen huge interest from customers in leading end-to-end cloud services,...
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July 03, 2024 Google
Google has signed five new Power Purchase Agreements (PPAs) totaling more than 118MW to procure wind energy in Belgium from Engie. Google will procure another 92MW from a Belgian wind farm in operation for eight years.Vincent Verbeke, CEO of Engie Belgium, said: “We are pleased to partner with...
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June 14, 2024 Vantage Data Centers
Vantage Data Centers revealed this week that it had completed a $9.2 billion equity investment led by investment vehicles managed by DigitalBridge and Silver Lake.“It’s exciting to experience such strong investor demand to fuel our unprecedented growth across North America and EMEA,” said Sureel...
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June 14, 2024 Google
Google has signed a new type of power supply deal with Nevada utility company NV Energy. Dubbed a “clean transition tariff," it will see NV Energy procure 115MW of renewable energy from a geothermal power plant run by Fervo Energy.In a joint blog post on the deal, Amanda Peterson Corio, Google’s...
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