#cloud-spending

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Tech industry
fromTheregister
1 day ago

Palo Alto's new Google Cloud deal boosts AI integration

Palo Alto Networks will migrate key internal workloads to Google Cloud, deepening its partnership while adjusting and forecasting multi-year cloud purchase commitments.
Artificial intelligence
fromTheregister
1 month ago

Big Red borrows green, hopes AI puts it in the black

Oracle's large AI-driven datacenter spending and massive cloud commitments have increased perceived credit risk, sharply raising CDS prices and potential borrowing needs.
fromComputerworld
1 month ago

OpenAI spends even more money it doesn't have

According to a release from OpenAI, the dollars heading to AWS from the organization, whose annual revenues are projected to be a mere $13 billion, will be used to "run and scale" its AI workloads, beginning immediately. The release went on to say that AWS will provide the company with "Amazon EC2 UltraServers, featuring hundreds of thousands of chips, and the ability to scale to tens of millions of CPUs for its advanced generative AI workloads."
Artificial intelligence
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