Jan 29 - German software company SAP's 2026 cloud revenue forecast failed to meet market expectations on Thursday and the company's shares fell by 15%, marking their steepest one-day decline since ...
Oracle's stock soared after a report of a cloud contract with OpenAI and an optimistic forecast for its AI-driven cloud infrastructure. The company projects aggressive eight-fold growth in cloud ...
Global spending on telco network cloud infrastructure and software is projected to grow from $17.4 billion (€14.9bn) in 2025 to $24.8 billion by 2030, representing a compound annual growth rate (CAGR) ...
Alphabet Inc.’s Google cloud computing division has up to $106 billion in commitments from existing customer contracts that it has yet to fulfill, according to the division’s Chief Executive Officer, ...
Oracle is on its way to becoming the best cloud for AI and high-performance computing. Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise ...
Google, Microsoft, Meta and Amazon all raised their forecasts for capital expenditures in their earnings reports this week. Their announcements show that the hefty spending on artificial intelligence ...