What are high level clouds?
What are high level clouds?
What are high level clouds?
If you were concerned about slowing cloud infrastructure growth for a time in 2023, you can finally relax: The cloud was back with a vengeance this quarter. The market as a whole was up a healthy $13.5 billion to $76 billion, up 21% over the first quarter in 2023, per Synergy Research. If you’re wondering what’s driving the growth, you probably guessed that it's related to generative AI and the copious amount of data required to build the underlying models.
Google Cloud, Google's cloud computing division, had a blockbuster fiscal quarter, blowing past analysts' expectations and sending Google parent company Alphabet's stock soaring 13%+ in after-hours trading. Google Cloud revenue jumped 28% to $9.57 billion in Q1 2024, bolstered by the demand for generative AI tools that rely on cloud infrastructure, services and apps. Google Cloud's operating income grew nearly 5x to $900 million, up from $191 million.
Microsoft reported better than anticipated Q3 earnings on Thursday, powered by growth in its cloud products.
IBM wisely gravitated away from trying to be a pure cloud infrastructure vendor years ago, recognizing that it could never compete with the big three: Amazon, Microsoft and Google. It began with the $34 billion Red Hat acquisition in 2018, continued with the Apptio acquisition last year and it kept it going on Wednesday when the company announced that it would be acquiring cloud management vendor HashiCorp for $6.4 billion. With HashiCorp, Big Blue gets a set of cloud lifecycle management and security tools, and a company that is growing considerably faster than any of IBM’s other businesses — although the revenue is small by IBM standards: $155 million last quarter, up 15% over the prior year.
This week in Las Vegas, 30,000 folks came together to hear the latest and greatest from Google Cloud. What they heard was all generative AI, all the time. Google Cloud is first and foremost a cloud infrastructure and platform vendor.
Data sovereignty and residency laws have become commonplace in recent years. The major clouds, however, were always set up to enable the free movement of data between their various locations, so over the course of the last few years, all of the hyperscalers started looking into how they could offer sovereign clouds that can guarantee that government data, for example, never left a given country. The Microsoft Azure Cloud for Sovereignty became generally available in December.
Google’s Cloud Next 2024 event takes place in Las Vegas through Thursday, and that means lots of new cloud-focused news on everything from Gemini, Google’s AI-powered chatbot, to AI to devops and security. Last year's event was the first in-person Cloud Next since 2019, and Google took to the stage to show off its ongoing dedication to AI with its Duet AI for Gmail and many other debuts, including expansion of generative AI to its security product line and other enterprise-focused updates and debuts. Don’t have time to watch the full archive of Google's keynote event?
It's Google Cloud Next in Las Vegas this week, and that means it's time for a bunch of new instance types and accelerators to hit the Google Cloud Platform. In addition to the new custom Arm-based Axion chips, most of this year's announcements are about AI accelerators, whether built by Google or from Nvidia. Only a few weeks ago, Nvidia announced its Blackwell platform.
This cream-to-water lotion is a hydrator, sunscreen and anti-aging product all in one — talk about a triple threat!
This portable companion will leave your posterior feeling pampered — even on hard bleacher seats.
Fantasy baseball analyst Fred Zinkie offers up some key pieces of strategy to help wrap up Week 5 on the right note.
When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and not just because Rabois is a big name in the industry. It was surprising because unlike in many other fields, venture capitalists don't traditionally move around very much — especially those that reach the partner or general partner level as Rabois had.
As he campaigns for reelection, President Biden hopes there a few things voters will forget about — even if they're going in the right direction.
Economic optimism from Americans fell sharply in April as inflation sticks around and the outlook on the job market sours.
Troubled regional lender New York Community Bancorp lost $327 million in the first quarter, but its stock soared as the CEO promised a 'clear path to profitability over the following two years.'
If you’re thinking about opening a money market account, it’s important to ensure that the account is FDIC-insured. Here’s why, and how you can check.
Wendy Davidson is an industry veteran, but now faces her toughest challenge yet.
The 2025 Toyota Crown gains a Nightshade Edition trim that adds blacked-out exterior accents, and every trim level becomes more expensive.
The 2025 Mercedes-Benz S-Class gets some tiny modifications to its tech and luxury offerings before a larger facelift and refresh coming in 2026.
Prices for the 2024 Nissan Ariya electric SUV were slashed, resulting in a more competitive and appealing EV.