Amazon stock drops as cloud revenue misses expectations

Amazon’s stock took a 4% hit on Friday (February 7, 2025), wiping out nearly $100 billion in market value after ...
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Alibaba joins Microsoft, Amazon, and Huawei in supporting DeepSeek AI

Alibaba Cloud has jumped on the DeepSeek bandwagon, making the Chinese AI startup’s models available on its platform. The company’s ...
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AWS strengthens partnership with Australia with new cloud deal

AWS has taken its partnership with the Australian Government’s Digital Transformation Agency (DTA) to the next level. The two have ...
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Indonesia penalises Google for unfair Play with $12.4 million fine

Indonesia’s antitrust agency has slapped Google with a fine of around 202 billion rupiah ($12.4 million) for what it calls ...
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AI boom sparks next wave of cloud storage expansion, says new study

A recent global survey by Recon Analytics, commissioned by Seagate Technology, paints an interesting picture of the future of AI ...
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Europe unites to launch its first sovereign edge cloud

Eight European IT organisations, comprising Arsys, BIT, Gdańsk University of Technology, Infobip, IONOS, Kontron, MONDRAGON Corporation, and Oktawave, have launched ...
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5 of the best: cloud technology training platforms

Cloud technologies are at the heart of digital transformation today, driving innovation and agility across industries. With the rapid adoption ...
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Chinese cloud firm Unisplendour eyes $1 billion via Hong Kong listing

Unisplendour Corporation, a Chinese cloud computing and IT infrastructure company, is planning a Hong Kong listing to raise around $1 ...
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AWS unveils $11 billion investment in Georgia data centres

AWS is creating a buzz in Georgia with plans to invest about $11 billion in building new data centres. Announced ...
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Alibaba Cloud LLM pricing drop sparks AI democratisation push

Alibaba Cloud LLM pricing strategy has taken a dramatic turn as the company announces an unprecedented 85% reduction in access ...
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