Cloud-Storage Platform Storj Buys GPU Computing Provider Valdi for Undisclosed Price

Storj said it acquired cloud-computing firm Valdi without disclosing terms. (Growtika... Surging demand for power and infrastructure from AI and high-performance computing firms (HPC) has...

3 Cloud Computing Stocks Investors Can Count On

A trend that started back in the 2010s has created an ideal environment for cloud computing stocks now. Large firms have been moving data to the cloud in increased rates, as well as continuing to b...

Chinese firms use cloud loophole to access US AI tech - AI News

Chinese organisations are utilising cloud services from Amazon and its competitors to gain access to advanced US AI chips and capabilities that they cannot otherwise obtain, according to a Reuters report based on public tender documents. In a comprehensive investigation, Reuters revealed how Chinese cloud access to US AI chips is facilitated through intermediaries. Over 50 tender documents posted in the past year revealed that at least 11 Chinese entities have sought access to restricted US tech...

Financial firms to be allowed to use generative AI, cloud computing - The Korea Times

Financial firms will be allowed to use generative artificial intelligence and cloud computing to develop new innovative products once they secure the means to ensure the security of their networks,...

AI fuels cloud computing boom for tech giants

Three of the Wall Street's heavyweight technology firms have reported better-than-expected sales at their cloud computing units in recent days, as interest in artificial intelligence drives a rebou...

Cloud computing and firm growth | CEPR

The last decade has seen a fundamental shift in the way firms access technology, from physical hardware towards cloud computing. This shift not only significantly reduces the cost of such technolog...

CoreWeave In Talks for Share Sale at $23 Billion Valuation for Startup - Bloomberg

CoreWeave, a cloud computing provider that’s among the hottest startups in the artificial intelligence race, is in talks to arrange a sale of existing shares valuing it at $23 billion, according to...

Nvidia brings its AI computing platform to cloud data firm Snowflake

Snowflake a cloud data analytics company, is partnering with computing company Nvidia to allow customers ranging from financial institutions to healthcare and retail to build AI models using their...

Microsoft accused by rivals of squeezing cloud firms' profit margins

cloud firms in Europe. It also comes as the Redmond, Washington-based technology giant is facing intense scrutiny over its cloud computing and software licensing practices in the European...

Are rainy days ahead for cloud computing?

Outsourcing computing to the cloud is a huge business, but some firms have said it's not for them.