Explore cloud computing trends, benefits, and best practices to boost your business success.
Artificial Intelligence (AI)
Spanish startup Multiverse Computing has raised a staggering €189 million (~$215 million) in a Series B round, driven by excitement around its breakthrough in artificial intelligence model compression — a technology it calls CompactifAI. CompactifAI is a quantum-computing inspired compression method that can shrink large language models (LLMs) by up to
Artificial Intelligence (AI)
Vast Data, a fast-growing innovator in AI-optimized data storage, is seeking to raise a new funding round at a sharply higher valuation—targeting as much as $25 billion. This marks a significant leap from its $9 billion Series E valuation secured in December 2023. Though the deal is not yet
Cloud Computing
In a bold move that underscores the escalating arms race for data infrastructure among tech giants, Amazon announced Monday that it will invest $20 billion into two massive data center complexes in Pennsylvania. One of the centers will be built adjacent to the Susquehanna nuclear power plant in the northeastern
Semiconductors
Qualcomm has announced its plan to acquire Alphawave Semi, a U.K.-based semiconductor company specializing in high-speed data center connectivity, for approximately $2.4 billion. The move signals Qualcomm's strategic push to deepen its presence in the data center and connected computing markets. In a statement, Qualcomm
Artificial Intelligence (AI)
Amazon is making a significant move in the artificial intelligence arms race, announcing plans to invest $10 billion in new data centers in North Carolina. The investment is aimed at expanding the company's cloud and AI infrastructure, reflecting its deep commitment to staying at the forefront of generative
Cloud Computing
Amazon Web Services (AWS) is taking major steps to meet Europe’s strict data sovereignty and privacy demands with the launch of a dedicated sovereign cloud infrastructure within the European Union. As part of the initiative, AWS is forming a new parent company and three subsidiaries in Germany to oversee
Data Analytics
The consolidation wave in the data infrastructure space rolled on this week as Snowflake announced its acquisition of Crunchy Data, a long-standing PostgreSQL specialist. While terms of the deal were not disclosed, a source familiar with the matter estimated the acquisition to be worth around $250 million. This marks Snowflake’
Cybersecurity
Horizon3.ai, a San Francisco-based cybersecurity startup, is raising $100M in a round led by NEA, with $73M already secured, per an SEC filing. The funding will support expansion of its AI-powered security tools amid strong growth. While neither Horizon3.ai nor NEA have commented publicly on the funding, sources
Artificial Intelligence (AI)
Databricks, a leading data and AI platform, has announced the acquisition of Neon, a fast-growing startup developing a serverless, open-source alternative to AWS Aurora Postgres. The deal, reportedly worth around $1 billion, marks Databricks’ latest strategic move to strengthen its capabilities in supporting AI-native applications. Founded in 2021 by former
Energy
Google is doubling down on its commitment to secure long-term, low-carbon energy sources by partnering with nuclear site developer Elementl Power to explore the development of three advanced nuclear reactor sites. The deal is part of the tech giant’s broader push to power its rapidly growing data center footprint—
Cloud Computing
Amazon is deepening its commitment to Latin America by investing more than $4 billion to build a dedicated Amazon Web Services (AWS) region in Chile. The tech giant announced on Wednesday that the new infrastructure, set to be completed by the end of 2026, will include three availability zones — clusters
Manufacturing
IBM announced a sweeping $150 billion investment plan in the United States over the next five years, a bold move aimed at strengthening American leadership in advanced computing, manufacturing, and artificial intelligence. As part of the commitment, IBM will allocate over $30 billion specifically to expand domestic manufacturing of its