Multinational computer technology firm, Oracle, has unveiled details of its latest financial performance, fueled by its commitment to cloud computing and AI. The company’s higher-than-expected bookings and major cloud partnerships reflect continued progress in its efforts to challenge industry leaders like Amazon, Microsoft, and Google. Among the notable announcements was Oracle’s cloud partnership with OpenAI,… Read more »
Google has reached a significant milestone with the completion of its latest data centre and cloud region campus expansion in Singapore. This expansion brings the tech giant’s total investments in technical infrastructure in the country to a staggering US$5 billion, up from US$850 million in 2018. The company now employs over 500 people across its… Read more »
Business Insider reports that Microsoft is now reportedly reducing staff in the Azure cloud computing division, joining the growing layoffs that have roiled the tech and media space this year. Teams such as Azure for Operators and Mission Engineering will face hefty job cuts: some insiders report as many as 1,500 redundancies in Azure for… Read more »
Microsoft has announced an investment of 33.7 billion Swedish crowns, approximately $3.2 billion, to enhance its cloud and AI infrastructure in Sweden over the next two years, marking a major commitment in the region. This substantial investment also highlights the seriousness of Microsoft’s dedication to cloud computing and AI. One of the ways the tech… Read more »
Cloud computing services company AWS is expanding its operations to Morocco and Senegal. The launch event for the AWS Wavelength platform will be conducted in collaboration with telecommunications giant Orange. Now that AWS is undertaking this, it indicates a major shift. Instead of constructing traditional physical data centres, the company will offer cloud computing services… Read more »
While still in its early stages, Quantum Computing is expected to revolutionise problem-solving and data processing, casting a looming threat over current blockchain encryption methods. Amidst the uncertainty, cloud-based quantum-proof encryption rises as a tentative solution to quantum threats to blockchain cryptography. Before we delve into its profound implications for cryptocurrencies, let’s cover the basics.… Read more »