Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Qilai Shen | Bloomberg ...
Tag: cloud
Alibaba’s key cloud unit sales shine even as quarterly revenues miss
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024.CFOTO | Future Publishing | Getty ImagesAlibaba posted ...
Database firm MongoDB’s shares rally 31% as AI apps fuel demand for Atlas cloud database
Shares of MongoDB surged about 31% on Wednesday after the database software firm said its Atlas cloud service was seeing ...
Google scores six-year Meta cloud deal worth over $10 billion
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company's headquarters in Menlo ...
Microsoft and Amazon are hurting cloud competition, UK regulator finds
Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on ...
Microsoft stops relying on Chinese engineers for Pentagon cloud support
Microsoft Chairman and Chief Executive Officer Satya Nadella (L) returns to the stage after a pre-recorded interview during the Microsoft ...
Amazon cuts some jobs in cloud computing unit as layoffs continue
Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on ...
CoreWeave is the first cloud provider to deploy Nvidia’s latest AI chips
Nvidia CEO Jensen Huang in Taipei, Taiwan, on June 2, 2024.Ann Wang | ReutersNvidia's Blackwell Ultra chips, the company's next-generation ...
Oracle shares pop 13% to record high on earnings beat, cloud optimism
Larry Ellison, Oracle's co-founder, chief technology officer and chairman, at right, and U.S. President Donald Trump share a laugh as ...
Oracle’s stock closes out best week since 2001 on cloud momentum
Oracle CEO Safra Catz speaks at the FII PRIORITY Summit in Miami Beach, Florida, on Feb. 20, 2025.Joe Raedle | ...
