CLOUD

Wall Street surges, propelled by the technological rebound

Baker Hughes stumbles upon missing fourth-quarter earnings estimates Activist investor Elliott Management takes stake in Salesforce Tokens on track for biggest daily gain since November Indices up: Dow 0.98%, S&P 1.41%, Nasdaq 2.09%, NEW YORK, Jan 23 (Reuters) – Wall Street surged on Monday, led by tech stocks as investors embarked on an earnings-heavy week …

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Amazon’s AWS to invest $35 billion in Virginia

WASHINGTON, Jan 20 (Reuters) – The cloud services division of Amazon.com Inc (AMZN.O) said on Friday it plans to invest an additional $35 billion by 2040 to expand data centers in Virginia. Amazon Web Services (AWS) said the new investment will create 1,000 jobs. Republican Virginia Governor Glenn Youngkin said AWS will establish multiple data …

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Microsoft to expand access to ChatGPT as OpenAI investment rumors swirl

Jan 16 (Reuters) – Microsoft Corp said on Monday it was expanding access to wildly popular software from OpenAI, a startup it backs and whose futuristic chatbot ChatGPT has captivated Silicon Valley. Microsoft said the startup’s technology, which it has so far previewed to its cloud computing customers in a program called Azure OpenAI Service, …

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Pentagon splits $9 billion cloud deal between Google, Amazon, Oracle and Microsoft

Dec 7 (Reuters) – The Pentagon has awarded $9 billion in cloud computing contracts to Alphabet Inc’s Google (GOOGL.O), Amazon Web Services Inc (AMZN.O), Microsoft Corp (MSFT.O) and Oracle Corp Wednesday. The Joint Warfighting Cloud Capability (JWCC) is the multi-cloud successor to the Joint Enterprise Defense Infrastructure (JEDI), which was an IT modernization project to …

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