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CoreWeave signs $14 billion AI infrastructure deal with Meta
CoreWeave will provide Meta $14B in AI cloud computing power through 2031, boosting share prices and fueling AI infrastructure growth.
Microsoft’s annual cloud revenue hits $75B, profit beats expectations
Microsoft said Wednesday that annual revenue for its flagship Azure cloud computing platform has surpassed $75 billion, up 34% from a year earlier. The Azure cloud business has been a centerpiece of Microsoft‘s efforts to shift its focus to artificial intelligence, but until Wednesday the company hadn’t disclosed how much money it makes. The revelation […]
Amazon to spend $20B on data centers in Pennsylvania, including one next to a nuclear power plant
Amazon will spend $20B on two new Pennsylvania data centers, including one next to a nuclear plant, in the state's largest-ever private investment.
