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CLOUD SERVICES
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, ...- Nokia says AI, cloud boosted sales in second quarterFinnish telecommunications equipment maker Nokia said that demand for its AI and cloud services drove sales higher in the second quarter, b...
- Xtranet Technologies IPO Day 1: Issue booked 51% so far on retail push. Check GMP & other detailsXtranet Technologies' IPO was subscribed 51% by early afternoon on Day 1, led by strong retail demand. The Rs 166.8 crore issue, priced at ...
- 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 ...
- Oracle Financial Services shares jump 5% on strong Q1 results; PAT soars 121%, revenue up 69%Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year net income increase. Revenue from o...
- 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...
- Anant Raj demerger: Data centre arm to spin out as separate listed company, what lies ahead for 4 lakh shareholdersAnant Raj will demerge its data centre and cloud businesses into a separately listed entity, Ashok Cloud, enabling shareholders to directly...
- Anant Raj to demerge data centre arm into separately listed companyAnant Raj will demerge its data centre and cloud business into Ashok Cloud Pvt Ltd, creating a separately listed digital infrastructure com...
- Google connects new transatlantic cable between Portugal and the USGoogle's Nuvem, named after the Portuguese word for "cloud", links Myrtle Beach, South Carolina, with Sines, south of Lisbon, via Bermuda a...
- Iren shares jump 16% as $2.8 billion AI cloud deals lift revenue targetIREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU i...
- 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...
- 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...
- AI to fuel India's tech services growth; public cloud spending to reach USD 17.5 bn in 2026: ReportIndia's technology services sector is expected to see strong AI-led growth, with end-user spending on public cloud services projected to su...
- 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...
- Cybersecurity: How Vijay Kedia's new-age thematic play handed him 3 multibagger stocksVeteran investor Vijay Kedia has identified a cybersecurity theme in his portfolio. He holds stakes in TechD Cybersecurity, Sattrix Informa...
- Groww faces technical glitch, client withdrawals hitGroww experienced a temporary disruption affecting client fund withdrawals on Friday. This incident was attributed to an issue with its clo...
- UK to regulate cloud service providers Microsoft, Google and others to protect financial stabilityThe UK government has identified Microsoft, Google, Amazon, and Oracle as essential cloud providers, implying new regulatory measures for t...
- Special delivery: Italy's postman joins the AI infrastructure racePoste Italiane, the postal service which pays out pensions through 12,600 post offices that are as much a feature of remote towns as the lo...
- 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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