9 stories for “cloud”
The company develops a "sovereign confidential cloud" that lets governments, banks and defense bodies use AI agents without exposing data. US fund OlivTree led the round.
The Onamae.com Desktop Cloud service, used by many traders to run trading software, was shut down entirely. The company refuses to pay a ransom and is compensating all customers.
According to Bloomberg, the Nvidia-backed British cloud company is in advanced talks on another 460-megawatt building at its West Virginia campus. It is not final, and Anthropic has not commented.
Amazon's cloud unit brought in $46 billion in the quarter, and its backlog rose to $578 billion. But earnings per share missed, and free cash flow sank to minus $42 billion.
Analysts expect about 37% AWS growth and capital spending of about $220 billion this year. Amazon's Trainium chips are developed largely at Israel's Annapurna Labs.
Revenue at Google's parent grew 25% to $127.6 billion, and its cloud backlog reached $561 billion. But negative free cash flow and a forecast of more than $300 billion in spending in 2027 sank the stock.
For the first time Microsoft disclosed its cloud revenue in dollars, with 48% growth. Total revenue jumped 19% to $92.3 billion, and next quarter's forecast is higher than expected.
Investors will look for an answer to one question: is the enormous AI spending already producing revenue. Microsoft will show Azure revenue in dollars for the first time, and Google is expected to report about $128 billion in revenue.
The valuation of the cloud security company founded by Israeli entrepreneur Amiram Shachar more than doubled in nine months. The round comes days after the disputed report of a Datadog takeover offer.
