The only way CoreWeave becomes the next AWS is if it becomes profitable, which may be a few years from now. CoreWeave must continue signing new clients to its servers in order to maintain investor ...
SAN FRANCISCO (Reuters) -Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of ...
Alibaba said revenue rose 2% year-on-year to 247.65 billion Chinese yuan, although that missed expectations. Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated ...
(Reuters) -Amazon.com on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily ...
The artificial intelligence (AI) saga, supported by the massive growth of cloud computing and data centers, is yet to fully ...
Amazon and Microsoft are the biggest cloud computing companies by market share. Amazon is starting to see its cloud computing revenue accelerate, which should continue into 2026. Microsoft's Azure has ...
Sinch, a cloud software company that helps companies connect with customers online, struck a $1.9 billion deal to acquire the U.S.’s Pathwire. The business software provider has benefited from ...
When it comes to cloud computing, Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) are the clear leaders. Both are seeing strong growth, both are leaning heavily into artificial intelligence (AI), ...
The company’s businesses continued to benefit from the shift to remote work during the pandemic. Google is working to automate as many finance tasks as possible, so employees can spend time on other ...