Cloud Computing

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Key Facts

Key PlayersAWS, Azure, Google Cloud

AI AdoptionAdvanced

Use CasesAI-as-a-Service, Auto-scaling, MLOps

Top News

Bitcoin Miners Abandon Crypto for AI as $70 Billion in Contracts Reshape the Industry

Bitcoin mining companies are undergoing a dramatic transformation, pivoting from cryptocurrency production to AI and high-performance computing infrastructure. Firms like Hut 8, IREN, and Core Scientific have secured over $70 billion in AI-related contracts, with some miners expected to derive 70% of revenue from AI by end of 2026. The shift comes as mining costs soar and AI demand for power capacity creates new opportunities.

Business2 sources

Bitcoin Miners Abandon Crypto for AI as $70 Billion in Contracts Reshape the Industry

Business2 sources

Apple AI strategy shifts as Google Gemini and Nvidia power new Siri in major cloud pivot

Apple is working to distill Google's multi-trillion-parameter Gemini model to run locally on iPhones, but complex queries will route to Google Cloud using Nvidia chips. The move marks a significant shift from Apple's privacy-focused, on-device AI stance as the company prepares to unveil its enhanced Siri at WWDC, blending local processing with cloud capabilities.

Technology5 sources

Apple AI strategy shifts as Google Gemini and Nvidia power new Siri in major cloud pivot

Technology5 sources

Box CEO Aaron Levie warns tech executives suffer from 'AI psychosis' amid implementation gap

Aaron Levie, Box co-founder and CEO, has coined the term 'AI psychosis' to describe how tech executives have become detached from the practical challenges of AI implementation. While leaders see promising AI demos, employees struggle with the messy reality of turning outputs into reliable business tools—a disconnect already triggering layoffs and failed projects.

Business2 sources

Box CEO Aaron Levie warns tech executives suffer from 'AI psychosis' amid implementation gap

Business2 sources

IBM and Red Hat bet $5 billion and 20,000 engineers on Project Lightwell to fix open-source security

IBM and Red Hat unveiled Project Lightwell, committing $5 billion and 20,000 engineers to create an AI-powered clearinghouse for open-source security. The initiative addresses the surge in vulnerabilities discovered by AI tools, with early adopters including Bank of America, JPMorgan Chase, and Visa. The subscription-based service launches commercially within 30 days.

Technology6 sources

IBM and Red Hat bet $5 billion and 20,000 engineers on Project Lightwell to fix open-source security

Technology6 sources

DXC Technology launches dedicated engineering group to accelerate AI-powered transformation

DXC Technology has established DXC Engineering, a specialized global group bringing together over 11,000 engineers to help organizations design, build, and scale AI-powered products across high-stakes industries. The move signals a strategic shift as companies seek expertise to operationalize AI in complex, regulated environments where reliability and security are paramount.

Business2 sources

DXC Technology launches dedicated engineering group to accelerate AI-powered transformation

Business2 sources

Meta eyes cloud computing entry as AI infrastructure spending hits $125-$145 billion

Mark Zuckerberg confirmed Meta could launch a cloud computing business if its massive AI infrastructure buildout creates excess data center capacity. With capital expenditures for AI reaching up to $145 billion in 2026, Meta would compete against Amazon, Microsoft, and Google in a market where it's currently the only major hyperscaler without a cloud offering.

Business2 sources

Meta eyes cloud computing entry as AI infrastructure spending hits $125-$145 billion

Business2 sources

ByteDance builds custom CPUs on Arm and RISC-V to power AI infrastructure amid chip shortages

TikTok parent ByteDance is developing its own central processing units using both Arm and RISC-V architectures to support its expanding AI infrastructure. The move comes as Intel and AMD raise prices by 10-35% quarterly and delivery times stretch to six months, forcing the tech giant to reduce reliance on US chipmakers.

Technology5 sources

ByteDance builds custom CPUs on Arm and RISC-V to power AI infrastructure amid chip shortages

Technology5 sources

Snowflake commits $6B to AWS for Graviton CPUs as AI infrastructure spending accelerates

Cloud data storage company Snowflake has signed a $6 billion five-year commitment with Amazon Web Services, focusing on Graviton CPUs and AI accelerators. The deal represents a 2.4x increase from Snowflake's 2023 AWS agreement and signals the growing importance of CPU capacity for AI agents. Snowflake's stock surged 25-38% following the announcement and strong Q1 earnings.

Business12 sources

Snowflake commits $6B to AWS for Graviton CPUs as AI infrastructure spending accelerates

Business12 sources

Amazon AI fund greenlights three shows, but one gets canceled after intense backlash

Amazon MGM Studios launched its GenAI Creators' Fund, greenlighting three AI-generated animated series for Prime Video. But one show, Punky Duck, was canceled just 48 hours after announcement following intense online criticism. The incident reveals growing resistance to AI in filmmaking as Hollywood unions and audiences push back against AI production technology.

Entertainment8 sources

Amazon AI fund greenlights three shows, but one gets canceled after intense backlash

Entertainment8 sources

India data center capacity set to triple by 2030 as AI adoption fuels $25 billion infrastructure boom

India's data center sector is experiencing explosive growth, with capacity expected to nearly triple from 1.6 GW in 2025 to 5 GW by 2030. AI adoption is driving deployment of up to 700,000 GPUs across the country, triggering $25 billion in infrastructure investments and a fresh wave of strategic land acquisitions. Hyperscale cloud operators and major tech companies are racing to secure power-ready land parcels as India emerges as Asia Pacific's most development-friendly market for digital infrastructure.

Business4 sources

India data center capacity set to triple by 2030 as AI adoption fuels $25 billion infrastructure boom

Business4 sources

Neysa and Pipeshift launch real-time AI inference platform fully deployed within India

Bengaluru-based Neysa and AI startup Pipeshift have partnered to launch production-grade real-time AI inference infrastructure entirely within India. The collaboration addresses growing demand for AI inference services in India, targeting a market estimated at $28-30 billion in 2025. The platform enables enterprises to deploy open-source AI models with lower latency, predictable costs, and full in-country data control.

Technology2 sources

Neysa and Pipeshift launch real-time AI inference platform fully deployed within India

Technology2 sources

Argonne National Laboratory launches AI inference service from spare supercomputing capacity

The Department of Energy's Argonne National Laboratory has unveiled a new AI inference service built from spare supercomputing capacity to accelerate scientific discovery. The service provides researchers across DOE labs with secure, cloud-like access to large language models without relying on public platforms like ChatGPT, supporting critical work including the Genesis Mission.

Technology2 sources

Argonne National Laboratory launches AI inference service from spare supercomputing capacity

Technology2 sources

HCLTech launches autonomous finance platform with Google Cloud's Gemini Enterprise AI

HCLTech unveiled an autonomous finance platform powered by Google Cloud's Gemini Enterprise AI to transform finance and accounting operations. The solution automates complex workflows across Invoice-to-Pay, Order-to-Cash, and FP&A, reducing manual intervention while integrating with existing ERP systems to enable agent-led operations.

Technology2 sources

HCLTech launches autonomous finance platform with Google Cloud's Gemini Enterprise AI

Technology2 sources

Amazon licenses its AI shopping technology to retailers through new AWS service

Amazon Web Services launched the AWS Agentic Shopping Assistant, packaging the technology behind Alexa for Shopping for other retailers. The service, which drove $12 billion in incremental sales for Amazon last year, can be deployed in 60 days. Kate Spade became the first customer, launching an AI Gift Concierge in April as competition intensifies among tech giants to control AI-powered commerce.

Technology6 sources

Amazon licenses its AI shopping technology to retailers through new AWS service

Technology6 sources

Jensen Huang Slams Executives Using AI as a Lazy Excuse for Layoffs

Nvidia CEO Jensen Huang criticized executives for blaming AI layoffs on automation, calling it a lazy excuse to sound smart. With AI driving 49,135 job cuts this year, Huang argues the real culprits are soaring costs, mismanagement, and over-hiring during the pandemic—not AI productivity gains that only recently emerged.

Business3 sources

Jensen Huang Slams Executives Using AI as a Lazy Excuse for Layoffs

Business3 sources

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