Amazon’s AI Run Rate Tops $25B
Amazon’s Q2 report showed AWS AI and chip businesses each above a $25 billion annual run rate, with a large Anthropic-related gain lifting profit.
Cloud Computing News and Analysis
8 verified stories covering Cloud Computing, product updates and industry developments.
Oracle’s 638 billion dollar backlog fails to calm investors
Oracle posted record AI cloud demand, but the market focused on debt, capital spending and the cost of turning huge orders into working data centers.
OpenAI turns Oracle credits into a sales channel
Oracle customers will be able to buy OpenAI models and Codex through OCI Marketplace using existing Universal Credits.
PointFive raises $60 million to cut AI cloud bills
The Israeli startup says AI Efficiency OS and TokenShift can expose waste in GPU, cloud and coding-agent usage as FinOps teams rush to control AI spending.
PointFive raises $60 million to cut AI waste
The Israeli startup says enterprise AI spending is rising fivefold and its DeepWaste engine can find cloud and inference waste that ordinary tools miss.
AWS gives customers direct access to the full Claude platform
Claude Platform on AWS lets customers use Anthropic’s official API and console through AWS billing, creating a second path alongside Bedrock.
Microsoft and OpenAI dissolve Azure exclusivity deal
Microsoft and OpenAI have formally rewritten their seven-year exclusive partnership, ending OpenAI's obligation to run its products solely on Azure and replacing the AGI trigger with a fixed 2032 termination date.
Iranian drones strike three AWS data centers
On March 1, Iranian Shahed drones struck three Amazon Web Services data centers — two in the UAE and one in Bahrain — in what is considered the first state-backed military strike on commercial cloud infrastructure. The incident exposed critical flaws in multi-AZ redundancy, data localization laws, and the blurring line between military and commercial computing.