Keywords: Cloud computing
Amazon reported first quarter results that exceeded expectations across revenue, profit, and operating income, prompting a broad wave of price target increases from Wall Street analysts. The performance was driven by strong growth in cloud computing and improved operating margins, even as investor concerns......
Major technology companies are scaling up spending on artificial intelligence infrastructure to unprecedented levels, with combined capital expenditure plans nearing $725 billion for 2026. The surge follows quarterly earnings reports released on April 29 by Alphabet, Amazon, Meta and Microsoft, all of......
Cognizant Technology Solutions has announced an agreement to acquire IT services provider Astreya in a deal valued at approximately $600 million, strengthening its position in the rapidly growing artificial intelligence and cloud infrastructure market. Astreya specializes in IT operations, AI infrastructure,......
Microsoft is set to lose its exclusive access to the artificial intelligence technologies developed by OpenAI, marking a significant shift in the competitive landscape of the tech industry. Under the revised partnership, OpenAI will be able to offer its AI models and products to a broader range of cloud......
Meta Platforms has agreed a major infrastructure partnership with Amazon Web Services to deploy tens of millions of Graviton processor cores across its computing systems. The agreement positions Meta among the largest users of AWS custom silicon and reflects a broader shift in the technology sector toward......
Google is reportedly in discussions with Marvell Technology to develop new semiconductor chips designed to improve the efficiency of artificial intelligence systems, according to recent media reports citing sources familiar with the matter. The potential collaboration focuses on creating chips optimized......
Amazon is scaling its artificial intelligence strategy with a planned 200 billion dollar capital expenditure in 2026, as CEO Andy Jassy defends one of the largest investment programs in the tech sector. The company disclosed that its cloud division now generates more than 15 billion dollars in annualized......
The European Commission has awarded a €180 million ($212 million) contract for sovereign cloud services to four European technology providers, reinforcing the European Union’s efforts to strengthen digital sovereignty and reduce reliance on non-European cloud infrastructure. The six-year......
Morocco is advancing its digital transformation agenda at a faster pace than initially planned, according to Aziz Akhannouch, who described the shift as a central pillar of public policy. Speaking at the opening of GITEX Africa 2026 in Marrakech, the head of government said the country has moved from......
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