Latest Cloud computing News

Cyber security startup Wiz reportedly rejects $23 billion acquisition proposal from Google

Jul. 23, 2024 12:08 PM EDT

NEW YORK (AP) — Wiz has rejected a reported $23 billion acquisition proposal from Google parent Alphabet — as the cybersecurity startup pivots back to a previously-planned initial public offering, according to a company memo seen by CNBC and others. That ends the prospect of what...

Google to invest $2 billion in Malaysian data center and cloud hub

May. 30, 2024 01:14 AM EDT

KUALA LUMPUR, Malaysia (AP) — Google plans to invest $2 billion in Malaysia, developing its first data center and a Google Cloud hub in the latest big foray by a U.S. tech giant in the Southeast Asian country. The news follows Microsoft's recent announcement that it would put $2.2...

Microsoft will invest $2.2 billion in cloud and AI services in Malaysia

May. 02, 2024 03:07 AM EDT

KUALA LUMPUR, Malaysia (AP) — Microsoft is investing $2.2 billion over the next four years in Malaysia's new cloud and artificial intelligence infrastructure as well as partnering with the government to establish a national AI center, its CEO Satya Nadella said Thursday. It marks...

Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia

Apr. 30, 2024 22:47 PM EDT

JAKARTA, Indonesia (AP) — Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’s 29-year history in the country — Microsoft CEO Satya Nadella said Tuesday. ...

Amazon cloud computing unit plans to invest $11 billion to build data center in northern Indiana

Apr. 25, 2024 09:52 AM EDT

NEW CARLISLE, Ind. (AP) — Amazon ’s cloud computing unit Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced Thursday. Republican Gov. Eric Holcomb called the...