Last month’s drop in the share prices of many cloud-based software companies has been partially reversed after several software companies reported good figures. The big dip in SaaS providers’ share prices was caused by claims that companies would soon be able to develop their own applications using large language model-aided development tools. Many in the […]
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Google and Blackstone plan to create a US-based AI cloud venture that will provide access to data centre capacity and Google’s custom AI chips. Blackstone will make an initial equity investment of US$5 billion to support the venture. The firm will be the majority owner of the new business. The companies said the investment will […]
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The cloud market has long been shaped by a familiar group of hyperscalers. What is changing now is not just who runs cloud platforms, but who is starting to build the infrastructure behind them. Recent reporting that Brookfield Asset Management is preparing to launch a cloud business points to a broader shift in how large […]
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The challenge of running simulation and high-performance workloads efficiently is a constant issue, requiring input from stakeholders including infrastructure teams, cybersecurity professionals, and, of course, ever-watchful finance officers. Running these types of high-compute tasks often involves thousands of concurrent processes and are costly to run on traditional infrastructure. IBM’s latest update to its Cloud Code […]
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