Topic: Cloud Computing
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AWS and e& Launch AI Nation to Upskill 30,000 UAE Professionals
AWS and e& have launched the "AI Nation – Afaaq" programme to train 30,000 UAE professionals in AI and cloud computing, part of a $1 billion strategic alliance. The initiative provides 30,000 AWS certification vouchers and access to AWS Skill Builder and Cloud Coach sessions to prepare participan...
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Alibaba profit plunges 75% as AI spending hits $10bn in quarter
Alibaba's net income plunged 75% year-over-year to $1.54 billion in the June quarter, driven by a 75% surge in capital expenditures to $9.98 billion for AI expansion, not by weak demand. The heavy spending is funding cloud infrastructure and AI model development, with the cloud computing division...
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Recursive puts $410M of its raise into single AWS deal
Recursive has allocated approximately $410 million of its $650 million total funding to a multi-year cloud computing deal with Amazon Web Services, prioritizing compute capacity over headcount with only 25 employees. The company's AI system autonomously runs its own research cycle, making it a st...
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AWS Billing Error Charges Customers Billion-Dollar Fees
An error in Amazon Web Services' billing system caused some customers to receive invoices with charges jumping from cents to billions of dollars, due to a technical malfunction in charge processing rather than actual service usage. AWS acknowledged the glitch, which affected a subset of accounts ...
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Amazon to invest $13B more in India cloud and AI by 2030
Amazon announced a new $13 billion investment in India by 2030, bringing its total planned commitment to $48 billion, focused on cloud computing and artificial intelligence. The investment targets surging demand from Indian enterprises and government agencies, as Amazon competes with Microsoft an...
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CoreWeave’s borrowing costs drop to 7% as AI data centre debt reprices
Applied Digital subsidiary raised $1.59 billion in high-yield bonds at a 7% yield to finance a 150-megawatt data center building for CoreWeave under a 15-year contract. The lower 7% yield, down from 10% in earlier deals, signals growing lender confidence in AI data center debt due to stable long-...
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Snowflake signs $6B AWS deal for AI CPU chips, boosting Amazon
Snowflake and AWS announced a $6 billion, five-year deal, nearly matching the $7 billion in total sales Snowflake generated through AWS Marketplace since 2012, driven by a surge in customer spending that doubled to $2 billion in 2025. The agreement focuses on Snowflake gaining more access to AWS'...
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The AI Boom's Billion-Dollar Backbone
The AI revolution is driving trillions in infrastructure investment, straining global power grids and construction capacity. Major tech firms are forming multi-billion dollar partnerships and investments, creating a complex ecosystem where compute capacity and hardware are key strategic assets. C...
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Hybrid Computing: The Future After AI Disrupts Cloud-First
The unique demands of AI workloads, such as cost predictability and low latency, are driving a strategic shift from cloud-first to hybrid computing models that combine cloud, on-premises, and edge infrastructure. Key drivers for this shift include unpredictable and high cloud costs, the need for ...
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Tencent Cloud Drives FinTech Innovation with AI at HK Week 2025
Tencent Cloud showcased advanced cloud and AI solutions at Hong Kong FinTech Week 2025, emphasizing their role in accelerating digital transformation for global financial markets. The company presented key innovations like Tencent Yuanbao and CodeBuddy, aimed at enhancing security, streamlining o...
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OpenAI's $38B Amazon Cloud Deal: What It Means
OpenAI has entered a $38 billion, seven-year cloud services agreement with AWS to secure the computational infrastructure needed for its AI systems, starting immediately and scaling through 2026. The partnership follows OpenAI's restructuring to diversify infrastructure providers, aligning with i...
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Top ERP Vendors to Watch in 2025
ERP systems are critical strategic tools that integrate core business functions into a unified digital framework, with their selection significantly impacting efficiency and competitiveness in 2025. Modern ERP platforms enhance business agility through AI-driven analytics, cloud scalability, and ...
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Alibaba's $53B AI Push: New Dubai Data Center at GITEX 2025
Alibaba Cloud has expanded its Middle East presence by opening a second data center in Dubai, supported by a $53 billion investment to enhance AI and cloud infrastructure over the next three years. The new facility offers advanced cloud-native and AI solutions, along with big data and storage ser...
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Kuwait Accelerates Digital Shift with Google Cloud Alliance
Kuwait has formed a strategic partnership with Google Cloud, endorsed by the government, to modernize its digital infrastructure and accelerate its shift to a knowledge-based economy. The collaboration emphasizes that cloud computing is critical for national growth and digital transformation, whi...
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OpenAI & Oracle Strike $300B "Project Stargate" Cloud Deal
OpenAI and Oracle have entered a $300 billion cloud computing agreement over five years to support next-generation AI infrastructure. The partnership, known as "Project Stargate," involves building data centers with 4.5 gigawatts of power and aligns with OpenAI's projected $12.7 billion revenue t...
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IBM bets $240M on open-source AI inference to rival hyperscalers
IBM has committed $240 million to a multi-year partnership with Together AI, bringing Nvidia Blackwell systems to IBM Cloud, signaling a strategic bet on cost-efficient, open-source AI inference over model prestige. The partnership targets enterprises focused on operational costs, offering flexib...
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Microsoft's 132-Core Azure Cobalt 200 CPU Targets Performance Boost
Microsoft has launched the Azure Cobalt 200, a 132-core Arm-based CPU built on TSMC's 3nm process, designed to enhance performance and efficiency for its cloud services. The processor offers over 50% higher performance than its predecessor, integrates hardware accelerators for compression and cry...
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Elon Musk Praises Mythos/Fable, Vows Not to Cut Off Anthropic
Elon Musk has publicly praised Anthropic as the current AI leader and assured he would not abruptly shut down its servers, citing his company's history of fair treatment toward competitors. Anthropic is now one of SpaceX's largest customers, paying $1.25 billion per month through May 2029 for 300...
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Asus & Dell Launch New Mini PCs for Windows 365
Dell and Asus have launched new mini PCs specifically designed to access Microsoft's Windows 365 cloud service, shifting computational work from local hardware to remote servers. These devices, like the Dell Pro Desktop and Asus NUC 16, prioritize stable connectivity over powerful local processor...
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Google's Gemini Cloud Matches Local Privacy with AI Compute
Google is launching Private AI Compute to bring advanced cloud-based AI capabilities to Android devices while maintaining strong privacy protections similar to on-device processing. The service offloads complex AI tasks to secure cloud servers using encryption and Google's Tensor Processing Units...
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