Dropbox CEO Drew Houston to step down after 19 years at helm of cloud storage pioneer
Dropbox Co-CEOs Ashraf Alkarmi and Drew Houston. Houston will eventually step down and assume the role of executive chairman at ...
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Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Qilai Shen | Bloomberg ...
Amazon shares tumble 7% after cloud computing growth disappoints investors
Amazon.com shares fell about 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling ...
As nations build ‘sovereign AI,’ open-source models and cloud computing can help, experts say
Digital illustration of a glowing world map with "AI" text across multiple continents, representing the global presence and integration of ...
AI cloud provider CoreWeave files for IPO
CoreWeave, a provider of cloud-based Nvidia processors to companies including Meta and Microsoft, is headed for the public market.In its ...
Amazon joins Google, Microsoft in cloud weakness, shares slide 3%
Amazon.com shares fell 3.72% to $229.95 on Friday after the tech giant reported lackluster cloud revenue growth, amplifying investor concerns ...
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Amy Hood, chief financial officer at Microsoft, speaks during a presentation on affordable housing in Bellevue, Washington, on Jan. 17, ...
