Cloud computing news covering AWS, Azure, Google Cloud, enterprise solutions, SaaS, and cloud infrastructure developments.
Microsoft is terminating its agreement to rent artificial intelligence computing capacity from Oracle, as the capacity no longer met the company's evolving technical needs. The news caused Oracle shares to drop nearly 3 percent in afternoon trading, while Microsoft stock remained largely unchanged.
Akamai Technologies projects cloud infrastructure revenue will double by 2027, driven by an $11.6 billion seven-year agreement with Anthropic. The company expects Cloud Infrastructure Services revenue to reach $1.1B-$1.3B in 2027, with total revenue growth of 17% to 22% next year despite supply chain delays.
Mashable promotes a limited-time offer for lifetime access to Scramble Cloud Storage, priced at $314.96 for 20TB. The article argues that this one-time payment eliminates recurring subscription fees while providing secure, encrypted storage compliant with GDPR standards for personal digital files.
JFrog forecasts full-year 2026 revenue between $680 million and $682 million, driven by cloud baseline growth rising to 52%-54%. Third-quarter revenue reached $179.2 million, beating guidance and bolstered by a $76 million multiyear SaaS contract. Cloud revenue surged 60% on AI artifacts and security demand.
Chris Neiger argues that Alphabet is a superior long-term AI cloud investment compared to Oracle, citing Google Cloud's doubling sales as evidence of successful capital expenditure execution. The commentary contends that investor concerns regarding Alphabet's high spending are misplaced given its accelerating revenue growth and safer financial position relative to Oracle's debt issues.
Dropbox reported third-quarter net income of $116.1 million, exceeding Wall Street expectations. Adjusted earnings per share reached 88 cents against an estimated 73 cents, driven by $637.3 million in revenue, marking another positive quarterly result for the file-sharing company.
Dropbox reported increased revenue driven by a growth in its paying user base, which expanded to 18.2 million from 18.07 million the previous year. The cloud storage provider continues to see steady adoption among subscribers.
The commentary argues that Oracle’s global cloud infrastructure diversification mitigates risks associated with Texas’s political shift toward restricting data center power. It contrasts Oracle’s robust financial performance and international exposure against the vulnerabilities of single-state AI cloud builders following the gubernatorial election results.