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Keywords: Cloud


Alibaba cloud and AI fuel revenue growth despite profit decline

Alibaba Group Holding Ltd. reported second-quarter revenue of 247.8 billion yuan (approximately $35 billion), beating analyst expectations thanks to rapid expansion in its cloud computing and artificial intelligence (AI) businesses. The cloud segment grew by 34% year over year to 39.8 billion yuan, driven......

Alphabet overtakes Microsoft to become world’s third-largest company driven by cloud and AI growth

Alphabet has surged past Microsoft to claim the position of the world’s third-largest company by market capitalization, reaching approximately $3.58 trillion compared to Microsoft’s $3.52 trillion. This milestone marks a significant shift in the tech landscape as Alphabet’s shares have......

Cloud mining thrives as Bitcoin plunges: PEPPER Mining sets new benchmarks

As Bitcoin's price dives below the $90,000 mark, panic sweeps the trading market with sharp surges in selling pressure and liquidations. However, the mining sector defies the trend, exhibiting resilience and quiet growth. PEPPER Mining, a leading global cloud mining platform, stands out as a key......

Iran launches cloud-seeding operation amid record drought

Iranian authorities have launched cloud-seeding operations to induce rainfall as the country faces one of its worst droughts in decades, state media reported on Sunday. “Today, a cloud-seeding flight was carried out over the Lake Urmia basin for the first time in the current hydrological year,”......

OpenAI buys $38 billion in cloud capacity from Amazon to boost AI development

SAN FRANCISCO, November 3, 2025 — OpenAI, the U.S. artificial intelligence company behind ChatGPT, has signed a landmark agreement with Amazon Web Services (AWS) worth $38 billion, securing massive computing and storage capacity to fuel the next stage of its AI development. According......

Morocco prioritizes tech sovereignty for a sustainable digital future

Morocco is placing technological sovereignty at the core of its vision for a sustainable and inclusive digital future, according to Amal El Fallah Seghrouchni, Minister Delegate in charge of the Digital Transition and Administrative Reform. Speaking at Orange Maroc’s Live Intelligence generative......

Amazon Web Services outage disrupts global internet infrastructure

A widespread outage within Amazon Web Services (AWS) caused significant disruptions to the global internet on Monday, impacting websites, applications, and online services dependent on its cloud infrastructure. The incident, attributed to a “connectivity issue within one of its core regions,”......

Voice AI at GITEX Global: ZIWO Drives Innovation Across MENA

The global spotlight is set on GITEX Global, the premier tech event taking place from October 13-17 at the Dubai World Trade Centre. This year, Artificial Intelligence (AI) takes center stage as it continues to reshape industries worldwide, moving from experimental labs to real-world applications. Dubai-based......

Oracle appoints dual CEOs to spearhead AI-driven growth strategy

Oracle has announced the appointment of Clay Magouyrk and Mike Sicilia as co-CEOs, marking a pivotal leadership transition as the tech giant intensifies its focus on artificial intelligence (AI) and cloud computing. Safra Catz, the current CEO, will assume the role of executive vice chair of the board......

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