Remove .Net Remove Company Remove Microsoft Remove Web Services
article thumbnail

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

GeekWire

These servers inside a Microsoft data center in Quincy, Wash., were the first to be powered by the company’s Azure Cobalt 100 CPU, as part of a broader cloud infrastructure buildout. Microsoft’s capital expenditures rose 79% to a record $14 billion in the March quarter. billion in revenue. What about Amazon?

Microsoft 123
article thumbnail

As AI use surges, tech companies race to secure clean energy and preserve climate goals

GeekWire

Microsoft has an agreement with the startup to purchase its clean power — if the company is able to produce it. Meanwhile, Amazon and Microsoft continue to ink green power deals. 1 corporate purchaser of clean power globally, while Microsoft is No. Amazon for years has ranked as the No. 2, according to BloombergNEF.

Energy 105
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

Zoom revenue spikes to $328M in Q1; CEO thanks Amazon Web Services for help meeting demand

GeekWire

Zoom blew past expectations for its first quarter earnings as the video conferencing company added millions of new users amid the global pandemic. Shares have surged more than 200% since the pandemic began as more people rely on the company’s software to work and socialize due to shelter-in-place orders. (Zoom Image).

article thumbnail

Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The chart below is what Amazon’s net sales look like in raw numbers over the past several years, broken down into the major business segments reported by the Seattle-based company. Here are the same results, expressed as a percentage of net sales. Here’s how the company defines each segment in its 10Q filing.

.Net 86
article thumbnail

Amazon pours up to $4B into AI startup Anthropic, escalating rivalry with Microsoft and Google

GeekWire

Amazon will invest up to $4 billion and take a minority stake in Anthropic , the San Francisco-based artificial intelligence company founded two years ago by former OpenAI executives and considered one of the world’s top AI labs. Amazon’s investment in Anthropic echoes Microsoft’s multi-billion dollar investment in OpenAI.

article thumbnail

Microsoft is a guinea pig for climate friendly concrete as it paves the way to greener data centers

GeekWire

Microsoft contractors mixed test slabs of lower-carbon concrete at the site of a new data center in Quincy, Wash. Dan DeLong Photo for Microsoft) Microsoft is building 120 new data centers this year alone, and operates more than 300 of the server hubs worldwide. So the Redmond, Wash.-based

article thumbnail

Amazon rips Microsoft for ‘spotty operational performance during the COVID-19 crisis’

GeekWire

Amazon took a swipe at Microsoft’s cloud computing technology performance this week, calling out the company’s “spotty operational performance during the COVID-19 crisis.”. Amazon is once again challenging the Department of Defense’s decision to award the $10 billion JEDI contract to Microsoft. (Bigstock Photo).