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All articles tagged with #cloud computing

Europe’s Digital Sovereignty Push Moves Off Big Tech
technology4 days ago

Europe’s Digital Sovereignty Push Moves Off Big Tech

France is leading Europe’s push to reduce reliance on US tech by replacing Zoom and Microsoft Teams with homegrown and open‑source tools, storing data locally under ANSSI oversight, and rolling out Visio to about 40,000 civil servants; Lyon and other cities are shifting to Open Source Office suites like OnlyOffice and trialing Linux, while health data moves to local cloud provider Scaleway. The broader EU trend, supported by a handful of governments partnering on sovereign tech, aims to cut dependence on US firms despite ongoing dominance of Google, Microsoft, and Amazon in the market. Open‑source projects such as Nextcloud and BlockNote are expanding as part of this strategy, though complete decoupling remains unlikely.

via WIRED|
#cloud-computing#data-localization#european-digital-sovereignty
Alibaba Sees 84% Profit Drop Amid AI and Cloud Growth
business12 days ago

Alibaba Sees 84% Profit Drop Amid AI and Cloud Growth

Alibaba posted an 84% drop in core profitability for the March quarter as heavy spending on AI, chips, and e-commerce weighed on earnings, even as cloud revenue benefited from AI demand; with cloud acting as a growth driver while retail profits declined, the market reacted mixily and analysts remain cautiously bullish on AI/cloud upside.

via TipRanks|
#ai#alibaba#baba
Alibaba bets big on AI and cloud as profits shrink
business13 days ago

Alibaba bets big on AI and cloud as profits shrink

Alibaba reported an 84% year-over-year drop in adjusted EBITA for the March quarter as heavy investments in AI, semiconductors and quick-commerce weighed on profitability; China e-commerce adjusted EBITA fell 40% even as revenue rose 6% and quick-commerce revenue jumped 57%. In contrast, cloud revenue surged 38% to 41.6 billion yuan with AI-related revenue at 9 billion yuan and cloud EBITA up 57%, underscoring a bifurcated result where cloud and AI momentum offset margins weakness in core e-commerce.

via CNBC|
#ai#alibaba#business
Megacap AI Leaders Set the Pace for 2026 Growth
business19 days ago

Megacap AI Leaders Set the Pace for 2026 Growth

Megacaps Alphabet and Meta Platforms are framed as the best AI growth bets for 2026: Alphabet leverages Gemini-driven search improvements, rapid Google Cloud expansion, and a chip/data-center backbone to push AI-enabled revenue higher, while Meta’s AI stack (GEM, Spark) and ongoing chip/datacenter investments are boosting ad impressions and pricing. With solid margins and favorable forward valuations (Alphabet around 29x, Meta around 20x), the article argues these giants offer long‑term AI upside despite near-term ad-cycle volatility.

via The Motley Fool|
#ai#alphabet#business
Cramer touts five-layer AI playbook that could shape 2026 market bets
business20 days ago

Cramer touts five-layer AI playbook that could shape 2026 market bets

Jim Cramer says the AI and data-center boom is spreading across the entire economy, framed by Jensen Huang’s five-layer cake (power, semiconductors, hardware, AI models, apps). He cites diverse beneficiaries—from utilities (Vistra, GE Vernova, Constellation Energy) to chips (Nvidia, AMD, Intel) and memory (Western Digital, Micron), equipment (ASML, Applied Materials), servers and cooling (Dell, Vertiv, Eaton), networking (Cisco, Arista, Corning), backup power (Caterpillar, Cummins), cloud services (AWS, Azure, Google Cloud), and consumer tools like ChatGPT. Cramer argues this is a broad-based investment wave, not a narrow tech story, and says he’s sharing a 2026-and-beyond buy list for those seeking to ride the AI boom across the market.

via CNBC|
#ai#business#cloud-computing
Alphabet’s Q1 Surge: Cloud and AI Driving Record Growth
business25 days ago

Alphabet’s Q1 Surge: Cloud and AI Driving Record Growth

Alphabet blew past estimates in Q1 2026 with revenue of $110 billion, up 22% year over year, led by Google Cloud’s 63% jump to $20 billion and surging demand for AI. Operating margin rose to 36.1%, net income to $62.6 billion, and EPS to $5.11 (up 82%). Google Cloud backlog swelled to $462 billion, with management raising 2026 capex to $180–$190 billion to fund growth, and demand for Tensor Processing Units (TPUs) was described as unprecedented as new hardware deals broaden revenue. Alphabet also raised its quarterly dividend by 5% to $0.22 per share. At about 28x next year’s earnings, the stock remains reasonably priced given cloud and AI momentum.

via The Motley Fool|
#ai#alphabet#business
AI Buildout Set to Top $1 Trillion in 2027, Boosting Global Tech Spending
business26 days ago

AI Buildout Set to Top $1 Trillion in 2027, Boosting Global Tech Spending

Analysts now expect AI-related capital expenditures to exceed $1 trillion by 2027 as Alphabet, Amazon, Microsoft and Meta disclose large buildouts; 2026 capex is projected to reach $800–$900 billion, with Google Cloud backlog surging and cloud revenue growth supporting monetization. The spending fuels demand for chips and data-center infrastructure, even as investors weigh ROI and remain cautious about Meta’s returns, making the AI capex cycle a key driver for chipmakers and infrastructure providers.

via CNBC|
#artificial-intelligence#business#capital-expenditure
Zuckerberg Signals Nvidia and Micron Gains as Meta Increases AI-Driven Capex
business26 days ago

Zuckerberg Signals Nvidia and Micron Gains as Meta Increases AI-Driven Capex

Meta Platforms beat on revenue growth but raised its 2026 capex forecast to $125–$145 billion due to higher component costs, particularly memory pricing. Zuckerberg said most of the increase goes to investments that will benefit Nvidia and Micron as hyperscalers accelerate AI-related capex and cloud spending. The AI boom remains strong, with cloud providers like Google Cloud, Azure, and AWS posting solid growth, suggesting continued demand for data-center GPUs and memory in the semiconductor sector.

via The Motley Fool|
#ai#business#cloud-computing
Microsoft Pushes Lean, AI-Driven Pace in Q3 Memo
business26 days ago

Microsoft Pushes Lean, AI-Driven Pace in Q3 Memo

Microsoft CFO Amy Hood lauded an “increased pace” and tighter, more accountable squads in an internal memo after strong Q3 results, highlighting $54.5 billion in cloud revenue and AI revenue surpassing $37 billion annualized (up 123%), with Azure growth and rapid Copilot adoption, while continuing workforce reductions and organizational shifts to build a leaner, faster AI-driven operation across products including Foundry, Fabric, Word/Excel/PowerPoint and LinkedIn.

via Business Insider|
#ai#amy-hood#business
Microsoft Signals Workforce Cuts Ahead of Fiscal 2027
business26 days ago

Microsoft Signals Workforce Cuts Ahead of Fiscal 2027

Microsoft expects a year-over-year headcount decline in its next fiscal year as it accelerates execution and tightens squads, after buyouts affected about 8,750 US employees. For the latest quarter, revenue was $83 billion with net income of $32 billion, and Azure is forecast to grow around 39–40% as AI initiatives like Copilot and OpenAI partnerships expand.

via Business Insider|
#artificial-intelligence#business#cloud-computing
AI Boom Lifts Big Tech Earnings as Cloud Growth Accelerates
technology26 days ago

AI Boom Lifts Big Tech Earnings as Cloud Growth Accelerates

Four of the Magnificent Seven reported earnings on the same day, with Alphabet, Microsoft, and Amazon posting double‑digit cloud growth and upbeat AI‑infrastructure outlook, while Meta beat revenue but signaled higher capital expenditure amid ongoing layoffs; the group’s AI push reinforces expectations that AI will lift cloud revenue and buoy stock-market resilience, as Mag‑7 together account for over 30% of the S&P 500 and plan about $650 billion in 2026 AI infra spending, even as layoffs exceed 92,000 this year.

via The Guardian|
#ai#cloud-computing#earnings
Meta scales agentic AI on AWS Graviton5, deploying millions of cores
technology1 month ago

Meta scales agentic AI on AWS Graviton5, deploying millions of cores

Meta and AWS are expanding their longstanding partnership by deploying tens of millions of AWS Graviton5 CPU cores to power Meta’s next generation of agentic AI, including real-time reasoning, code generation, and multi-step task orchestration. Graviton5, built on 3-nm tech with a larger cache, promises up to 25% higher performance and better energy efficiency, and integrates with AWS Nitro, ENA, and EFA for scalable, low-latency coordination across billions of interactions.

via About Amazon|
#ai#aws#cloud-computing