Cloud

Microsoft cuts cloud services to Israeli military unit over Palestinian surveillance

admin2 months ago02 mins

Microsoft has cut off the Israel Ministry of Defense’s access to some of its tech and services after an internal investigation found the organization appeared to be using its tech to store surveillance data on phone calls made by Palestinians. The tech giant announced on Thursday that it made the decision to “cease and disable” certain subscriptions from the Israeli military. This affects subscriptions to Azure cloud storage and certain AI…

Microsoft hints at ‘more affordable’ Xbox Cloud Gaming plan

admin3 months ago04 mins

Two years ago we learned, thanks to the FTC, that Microsoft was working on a separate “dedicated” version of Xbox Cloud Gaming. Microsoft Gaming CFO Tim Stuart then hinted, a few months later, that there could be a free version Xbox Cloud Gaming in exchange for ads. Now, Microsoft is hinting at making Xbox Cloud…

The most interesting startups showcased at Google Cloud Next

admin8 months ago03 mins

Google held its Google Cloud Next conference in Las Vegas this week, where it announced dozens of new features, like its next generation AI processing chip, called Ironwood, and its latest AI model, Gemini 2.5 Flash. It also announced a long list of AI startups that have signed to use its cloud. Among them are…

Ex-NBA athlete Omri Casspi launches $60M fund targeting cybersecurity, cloud infra and AI

admin12 months ago03 mins

Former NBA athlete Omri Casspi has raised $60 million for his latest venture fund, Swish Ventures, which will invest in early-stage cybersecurity, cloud infrastructure, and AI startups. The fund plans to back 10 companies, and will invest $5 million to $7 million per deal. Swish Ventures is Casspi’s second fund following the launch of Sheva…

Anthropic raises an additional $4B from Amazon, makes AWS is ‘primary’ cloud partner

admin1 year ago03 mins

Anthropic, OpenAI’s close rival, has raised an additional $4 billion from Amazon, and has agreed to make Amazon Web Services (AWS), Amazon’s cloud computing division, the primary place it’ll train its flagship generative AI models. Anthropic also says it’s working with Annapurna Labs, AWS’ chipmaking division, to develop future generations of Trainium accelerators, AWS’ custom-built…

ScaleOps aims to take the frustration out of cloud management

admin1 year ago03 mins

Thanks to AI, the appetite for cloud services is growing. Cloud expenditures more than doubled between 2019 and 2023, and are expected to eclipse $2 trillion by 2030, according to Goldman Sachs Research. Poor spend management can put ROI at risk, however. Yodar Shafrir discovered this while working at Run:AI, the workload management startup Nvidia…

DataCrunch wants to be Europe’s first AI cloud hyperscaler — powered by renewable energy

admin1 year ago06 mins

A fledgling startup is setting out to become one of Europe’s first “AI compute” hyperscalers, with renewable energy playing a pivotal part in its pitch to prospective customers. The AI goldrush has spurred unprecedented demand for “compute,” which refers to the processing power, infrastructure and resources needed for tasks such as running algorithms, executing machine…

Cloud infrastructure revenue approached $80 billion this quarter

admin1 year ago04 mins

The cloud infrastructure market has put the doldrums of 2023 firmly behind it with another big quarter. Revenue continues to grow at a brisk pace, fueled by interest in AI. Synergy Research reports revenue totaled $79 billion for the quarter, up $14.1 billion or 22% from last year. This marked the third consecutive quarter that…

CIOs’ concerns over generative AI echo those of the early days of cloud computing

admin1 year ago05 mins

When I attended the MIT Sloan CIO Symposium in May, it struck me that as I listened to CIOs talking about the latest technology — in this case generative AI — I was reminded of another time at the same symposium in around 2010 when the talk was all about the cloud. It was notable…

SAP, and Oracle, and IBM, oh my! ‘Cloud and AI’ drive legacy software firms to record valuations

admin1 year ago010 mins

There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $200 for the first time. Founded in 1972, SAP’s valuation currently sits at an all-time high of $234 billion. The Germany-based enterprise software provider was valued…

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