Keywords: Cloud computing
Oracle has reduced its global workforce by approximately 21,000 employees over the past fiscal year as part of a major restructuring driven by artificial intelligence adoption and the expansion of cloud infrastructure operations. According to the company’s annual report, the U.S.-based software......
Energy giant Chevron and technology leader Microsoft have entered into a long-term agreement aimed at powering large-scale artificial intelligence data infrastructure using electricity generated from natural gas, highlighting the growing energy demands of the digital economy. Under the agreement, Chevron......
Amazon has announced that its operations in India have reached a significant milestone in water conservation, as global technology companies face increasing scrutiny over the environmental impact of expanding data centre infrastructure. The company said its Indian operations have become “water......
Cisco has unveiled a new suite of software solutions designed to help organizations deploy artificial intelligence agents capable of protecting digital infrastructure from increasingly sophisticated cyber threats. The announcement reflects a growing shift in the cybersecurity industry, where artificial......
Hewlett Packard Enterprise (HPE) shares jumped nearly 29% in premarket trading on Tuesday, driven by strong investor confidence in the company’s outlook amid growing demand for artificial intelligence infrastructure. The surge followed the company’s decision to accelerate its long-term financial......
Snowflake shares surged in premarket trading after the data analytics company raised its annual product revenue forecast and announced a major long-term partnership in artificial intelligence infrastructure. The company revealed a five-year agreement with Amazon Web Services (AWS) worth approximately......
Alibaba Group reported a rise in quarterly revenue, driven by strong performance in its cloud computing and artificial intelligence divisions, alongside steady growth in its e-commerce operations. The Chinese technology giant posted a 3% increase in revenue for the fourth quarter, supported by expanding......
Microsoft’s planned data center project in East Africa is facing delays following disagreements with the Kenyan government over financial guarantees, according to a Bloomberg News report. The project, developed in partnership with the United Arab Emirates-based artificial intelligence company......
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......
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