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Alphabet pins hopes on Google Cloud as ad revenue growth declines

CIO

While overall revenue growth slowed to 6% in the quarter for Alphabet, Google Cloud grew 38% year-on-year to $6.9 I’ve long shared that cloud is a key priority for the company,” said Sundar Pichai, CEO at Alphabet, while addressing analysts on Tuesday, according to a transcript from Motley Fool. “The

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Cloud infrastructure sales rise as Microsoft closes in on AWS

CIO

Fueled by enterprise demand for data analytics , machine learning , data center consolidation and cloud-native app developmen t, spending on cloud infrastructure services jumped 33% year on year to $62.3 Cloud providers build out infrastructure. billion in the second quarter, according to Canalys.

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AWS revenue growth stabilizes with a boost from generative AI-led services

CIO

The growth in the quarters before showed a constant decline, sliding from a robust 33% growth in the second quarter of 2022 to a mere 16% growth in the first quarter of 2023. Competitors are catching up fast with twice the revenue growth rate as AWS tries to defend its position as the largest public cloud provider.

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Google opens second cloud region in Germany

CIO

Google has opened a second cloud region in Germany as part of its plan to invest $1.85 billion in German digital infrastructure by 2030. Other Google Cloud regions in Europe include locations such as Milan, Paris, Zurich, Warsaw, Madrid, Turin, Belgium, Finland, The Netherlands, and London.

Cloud 246
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Microsoft faces new antitrust complaint over cloud software licensing in Europe

CIO

They’re concerned that Microsoft is using software licensing to limit European businesses’ choice of cloud service provider for services including desktop virtualization and application hosting. Microsoft’s licensing changes came into effect on October 1, 2022. However, changes also include some notable restrictions.

Software 246
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Render secures $20M Series A to scale its DevOps cloud platform

TechCrunch

The San-Francisco based company will use the proceeds to triple its employee base, currently 35 people, by the end of 2022, with a focus on product and customer growth, Goel said. Once a customer chooses what service to deploy, Render helps them manage the process and infrastructure. . ”

DevOps 221
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CoreWeave, a GPU-focused cloud compute provider, lands $221M investment

TechCrunch

billion in revenue last year, while Google Cloud and Azure made $75.3 To drive the point home, according to a Statista report from the fourth quarter of 2022, AWS had a 32% market share, Azure had a 23% share and Google Cloud had a 10% share. For perspective, AWS made $80.1 billion and $26.28