Amazon Web Services (AWS) exceeded Wall Street expectations due to strong demand for its cloud infrastructure services driven by AI workloads.
OpenAI and Oracle inked a massive $300 billion cloud compute deal to start in 2027, with OpenAI paying Oracle $30 billion annually for data center services.
Google and Anthropic announced a cloud services deal worth tens of billions of dollars recently, highlighting intense competition in AI cloud infrastructure.
AI-curated from trusted tech sources. Facts are ordered by most recent first.
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