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…your weekly roundup of the least you need to know about cloud. We are continually focused on delivering insight into the emerging trends, patterns, and innovations that impact technology decision-makers.

Google invests $300mn in artificial intelligence start-up Anthropic

Cash-for-computing deal shows how large tech groups are investing in companies at the vanguard of generative AI

 

Cloud leaders Amazon, Google and Microsoft show the once-booming market is cooling down

Companies looked for ways to save money on their cloud bills in the fourth quarter, a trend that could persist for at least the first half of 2023

 

Oracle to invest $1.5 billion in Saudi Arabia, open data centre in Riyadh

Oracle Corp plans to invest $1.5 billion in Saudi Arabia in the coming years as it builds up its cloud footprint in the kingdom and opens its third public cloud region in Riyadh, a company official said

The Texas-based company says the money will be used to open a new cloud complex in Riyadh

 

Big Tech just added to a shrinking forecast, but maybe Bob Iger can brighten the mood

Wall Street’s earnings expectations for the year have been diving, and the news could get worse once they factor in disappointing results from Big Tech

 

Cloud players sound a cautious tone for 2023

The unraveling of market enthusiasm continued in the fourth quarter of 2022 with the earnings reports from the U.S. hyperscaler cloud providers now all in

 

Microsoft And OpenAI’s ChatGPT Vs. Google And Anthropic Claude

Microsoft and Google AI market share battle heats up around OpenAI’s ChatGPT and Anthropic Claude, as AI startups partner and invest with cloud computing giants Microsoft Azure and Google Cloud

 

AWS says growth dropped to mid-teens to start new year as customer cost-cutting continues

The cloud continued a general slowdown with customers looking for ways to slash bills

 

Even as cloud infrastructure market growth slows, Microsoft continues to gain on Amazon

It will be interesting to watch the market in 2023 and see how the macro economic environment affects revenue, and if the slower growth we’ve been seeing continues to work in favor of Amazon’s competitors by enabling them to gain more ground

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CloudTalk is provided by the Cloud Research team at CloudGenera. As the industry’s best-in-class IT decision engine, CloudGenera is continually focused on delivering insight into the emerging trends, patterns, and innovations which impact technology decision-makers. CloudGenera is  committed to helping you make better technology decisions in minutes, not months.

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