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US stocks: Amazon beats estimates for quarterly cloud revenue growthAmazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterp...- Amazon Web Services India net profit jumps over 10-fold to Rs 242 cr in FY26In FY26, Amazon Web Services India experienced a remarkable increase in its consolidated net profit, soaring over tenfold to reach Rs 242.8...
- Nvidia-backed neoclouds hover over India to lease data centre capacityCoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are in various stages of discussions with companies such as Sify Technologie...
- Amazon eyes 2028 launch for direct-to-phone satellite networkAmazon's satellite venture plans to connect smartphones directly to space. This new service aims to provide voice, messaging, and data glob...
- India data centre capacity to jump to 12 GW by 2030 as AI fuels demand: Wood MackenzieAI-dedicated capacity is expected to rise multifold to 6,546 MW by 2030 from 275 MW in 2025, while data centre electricity demand is foreca...
- Byju’s RP moves NCLT against Google in fresh data-access disputeResolution professional Shailendra Ajmera, who’s backed by EY, has filed an application under Section 60 (5) of the Insolvency and Bankrupt...
- Friday OTT releases of the week: Musafir Cafe to Con City to Master of the Universe, new movies and shows on Netflix, JioHotstar, Prime Video and ZEE5With romance, mythology, comedy, action and family entertainment all arriving on streaming platforms this week, viewers have plenty of opti...
- Alphabet's cash burn raises alarm for Big Tech as AI spending climbsAlphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...
- Warren accuses AI firms of trying to curb oversight in trade accordSenator Elizabeth Warren criticizes major AI firms for lobbying against transparency rules. These companies want to hide AI algorithms and ...
- Amazon eyes India as Project Kuiper constellation nears 400 satellitesAmazon's satellite broadband venture is expanding into India. Nearly 400 satellites are already in orbit for global connectivity. The compa...
- Google increases capex forecast again after cloud-driven earnings beatThe search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said ...
- Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
- US Stock Market: Big tech's AI spending boom raises cash flow concerns despite early returnsAmerica's biggest technology companies are beginning to generate meaningful AI-driven revenue, but surging infrastructure spending is putti...
- Downfall of a Wall Street darling: Why Oracle shares crashed 65% from peakOracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...
- Indian-origin tech leader Uday Ruddaraju is new CTO, Compute at OpenAIUday Ruddaraju, an Indian-origin tech executive, now leads compute at OpenAI. He previously worked at Elon Musk's xAI before joining the AI...
- Elon Musk's SpaceX in talks to supply the Pentagon with computing power: ReportAccording to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling co...
- Snowflake unveils $448 million pay plan for CEO tied to ambitious stock targetsRamaswamy's award, totaling 1 million shares, is structured into five tranches, each with escalating stock price milestones, and is desig...
- Amazon AWS executive and CEO advisor Dave Brown to leave after 19 yearsHe is leaving for another job, according to a memo from AWS CEO Matt Garman, who did not provide specifics. He was most recently leading ...
- Jeff Bezos quit a million-dollar Wall Street job, while ex-wife MacKenzie Scott drove the borrowed Chevy where Amazon's first business plan was writtenJeff Bezos left a lucrative career to pursue an internet commerce idea and wrote Amazon's initial business plan during a five-day road trip...
- UK to regulate cloud service providers Microsoft, Google and others to protect financial stabilityBritain has designated Microsoft, Google, Amazon, and Oracle as critical third parties. This move brings these major cloud providers under ...
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