article thumbnail

Amazon’s carbon footprint grew 15% in 2019, highlighting the challenge of net zero emissions

GeekWire

Amazon has pledged to make its retail and cloud-computing operations “net carbon zero” by 2040, but its newly released 2019 sustainability report shows that greenhouse gas emissions rose over the previous year by 15%. (Jordan Stead / Amazon Photo). Amazon reached 42% renewables last year.

.Net 128
article thumbnail

Cloud computing: AWS still dominates IaaS but Microsoft and Google growing faster

Tech Republic Cloud

Amazon netted a 45% slice of the worldwide public cloud services market in 2019, which grew to $44.5bn.

Cloud 198
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Capital spending soars in the cloud as Microsoft, Google, and others bet big on AI demand

GeekWire

were the first to be powered by the company’s Azure Cobalt 100 CPU, as part of a broader cloud infrastructure buildout. The Seattle angel investor and tech veteran has made a tradition of tracking capital expenditures on his blog, Platformonomics , to “separate the clouds from the clowns,” as he puts it.

Microsoft 116
article thumbnail

Amazon invests in startup producing ‘net-zero carbon fuels’ for transportation

GeekWire

based startup that is developing what it describes as “net-zero carbon fuels” that can be used in transportation. Last year Amazon released its first sustainability report, which showed that the company’s 2019 greenhouse gas emissions rose over the previous year by 15%. (GeekWire Photo / Kurt Schlosser).

article thumbnail

Amazon’s potential investment in Rackspace would link longtime players in the cloud

GeekWire

Shares of Rackspace climbed as much as 19% at one point this morning amid reports that Amazon is in talks for a potential investment in the cloud infrastructure and services company. Bloomberg News confirmed the report , noting that Amazon and Rackspace are both partners and competitors as longtime players in the cloud cloud computing market.

Cloud 135
article thumbnail

Cloud startup Snowflake reveals financials in IPO filing as it battles Amazon, Microsoft, others

GeekWire

Cloud computing startup Snowflake Computing filed for an IPO on Monday, revealing its financial data for the first time as the company prepares to go public. based company said it more than doubled revenue to $242 million in the first half of 2020, with a net loss of $171.3 million, down from $177 million in 2019.

article thumbnail

Google’s cloud business lost more than $5.5 billion last year, but it’s growing fast

The Verge

But the bigger story is that Alphabet broke out Google Cloud’s sales for the first time ever, revealing an eye-popping $5.6 billion annual loss last year, but a nearly 50 percent jump in revenue (to $13 billion) compared to 2019. And Google Cloud maintained that growth well into the fourth quarter, when the division generated $3.8

Cloud 70