Oracle has shared new details on its UK investment programme, first announced in March, which includes AI services and a sovereign cloud platform. Earlier this year, the company pledged $5 billion to expand Oracle Cloud Infrastructure (OCI) in the UK and support government efforts around AI adoption. The latest update highlights progress on a sovereign […]
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Oracle’s stock jumped in value more than 40% on Wednesday, lifting the company’s share price to a record high and placing the company in striking distance of a trillion-dollar market value. The surge also sent Oracle co-founder Larry Ellison’s wealth soaring, narrowing the gap between him and Elon Musk in the contest to be the […]
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Meta is betting big on AI, agreeing to spend more than $10 billion on Google’s cloud services over the next six years, according to people familiar with the deal. The arrangement, which includes servers, storage, networking, and other infrastructure, marks one of the largest agreements in Google Cloud’s 17-year history. Neither company would comment on […]
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Cybercriminals know something that many businesses are still learning: people remain the weakest link in any security system. Human error accounts for up to 95% of security breaches, making employees both the greatest vulnerability and the most powerful defence against cyber threats. The government’s latest Cyber Security Breaches Survey reveals that half of all UK businesses […]
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Oracle is reducing staff in its cloud division, a move aimed at managing costs while the company continues to pour money into AI infrastructure. Sources familiar with the matter said employees were told this week that their positions had been cut. Some of the layoffs were tied to performance, and hiring is still underway in […]
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The UK’s competition regulator is taking aim at Microsoft and Amazon, saying both companies are making it harder for others to compete in cloud computing. The Competition and Markets Authority (CMA) said Thursday it’s pushing for a deeper investigation under the country’s new tech rules. According to the CMA, Microsoft and Amazon have carved out […]
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A startup called FluidCloud wants to make it easier for companies to move their applications between cloud providers. Its new platform helps businesses copy and move their infrastructure from one cloud to another – a process that often takes months – with just a few clicks. The FluidCloud Platform works by scanning a company’s existing […]
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Microsoft’s close partnership with OpenAI has been a major factor in its recent growth. Exclusive access to OpenAI’s models has boosted Azure’s performance and helped lift Microsoft’s market value to nearly $4 trillion. For the April-June quarter, Azure revenue is expected to rise 34.8%, matching Microsoft’s own forecast and slightly ahead of the previous quarter’s […]
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Microsoft has stopped letting engineers based in China provide technical support for US military cloud systems. The company made the change following concerns about security risks tied to its work with the Department of Defense. The shift came just days after ProPublica published a detailed report describing how Microsoft relied on its team in China […]
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A single Google search requires half a millilitre of water, while ChatGPT consumes 500 millilitres for every five to 50 prompts. Multiply these figures by billions of daily interactions, add streaming services and cloud storage, and the result is staggering: data centre water consumption has reached crisis levels, with some facilities using more water annually than entire cities. This […]
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