CoreWeave, an Nvidia-backed artificial intelligence startup, has struck a five-year agreement worth $11.9 billion with OpenAI. The agreement means CoreWeave is to provide AI infrastructure for OpenAI as it prepares for its initial public offering (IPO). Under the agreement, OpenAI will receive $350 million of CoreWeave shares through a private placement when the company floats […]
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Tencent Cloud has signed a partnership agreement with TrueWatch, a Singapore-based provider that offers a unified monitoring platform. The agreement was formalised at the Tencent Cloud Day event in Indonesia recently and is designed to allow TrueWatch to launch its observability platform on Tencent Cloud’s Indonesia Availability Zone. It aims to improve monitoring capabilities, reduce […]
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NetEase is discontinuing one of its public cloud services as competition in China’s cloud computing market intensifies. The Hangzhou-based internet and gaming company informed corporate clients on Friday that the service will go offline on April 7 due to a “business strategy adjustment.” Clients with unused credits can request refunds, according to a message seen […]
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Google Cloud is expanding its telecom partnerships with Deutsche Telekom and Vodafone Italy, focusing on AI-driven network operations and cloud-based data modernisation. AI-powered RAN optimisation with Deutsche Telekom Google Cloud and Deutsche Telekom are working together to enhance Radio Access Network (RAN) operations using Google’s Gemini 2.0 AI model. The collaboration introduces RAN Guardian, an […]
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CoreWeave, a cloud computing provider known for supplying Nvidia GPUs to companies such as Meta and Microsoft, has filed for an initial public offering (IPO) on Nasdaq under the ticker CRWV. As reported by CNBC, CoreWeave reported a 700% boost in revenue in 2024, reaching $1.92 billion, while recording a net loss of $863.4 million […]
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Cloud computing service Tencent Cloud has unveiled its Super App as a Service (TCSAS) service at MWC Barcelona 2025, with the goal of helping businesses build integrated digital ecosystems through super-app strategies. The role of super apps in digital connectivity By 2027, more than half of the global population is expected to be active users […]
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Nigerian entrepreneur Fara Ashiru launched her fintech platform, Okra, in 2020 using AWS. As US-based cloud providers did not accept payments in naira, she had to pay for services in US dollars. As the naira lost about 70% of its value between 2020 and 2024, Okra’s cloud expenses soared. “The bills were staggering,” Ashiru told […]
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T-Mobile has selected Red Hat as a cloud automation partner as part of the company’s transition to software defined networks. Red Hat will help T-Mobile to deploy a cloud platform across its core network and far-edge operations so the US carrier can boost scalability, automate, and better manage costs. Telecom providers’ migration to cloud-native architectures […]
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Alibaba Cloud has launched its first data centre in Mexico, as part of its ongoing effort to extend its digital infrastructure and cloud computing services into new global markets. The facility is the company’s latest step toward expanding its presence in Latin America, where demand for cloud solutions is rising. With this launch, Alibaba Cloud […]
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Poland’s digital infrastructure is set to grow, with billions of zloty to be invested in new cloud and AI projects. Microsoft is planning to invest PLN 2.8 billion ($700 million) by June 2026, to strengthen the country’s position as an emerging tech hub. A portion of the funding will comprise of forming a partnership with […]
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