SAP Q2 results: Cloud backlog jumps 27% to €22.9bn as CFO positions SAP as AI beneficiary SAP Q2 results: Cloud backlog up 27% to €22.9bn, revenue and operating profit rise; …
cloud
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Technology
SAP reports Q2 revenue up 9% as cloud sales surge 22% and profit rises
by Helga Moritzby Helga MoritzSAP Q2 results show revenue up 9% to €9.88bn as cloud sales surge 22% SAP Q2 results: revenue rose 9% to €9.88bn, cloud sales jumped 22%. Adjusted operating profit €2.74bn …
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Technology
Microsoft Announces Use of Mistral European Infrastructure to Expand Cloud and AI Compute
by Helga Moritzby Helga MoritzMicrosoft-Mistral deal expands compute capacity in Europe as Microsoft to use Mistral-built hardware Microsoft-Mistral deal expands compute capacity in Europe; Microsoft will use Mistral-built hardware to meet surging cloud and …
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Technology
Mistral AI announces July open-weight model and €4 billion AI cloud plan
by Helga Moritzby Helga MoritzMistral AI Faces Scrutiny as It Ramps Enterprise Deployments, Infrastructure and an Open-Weight Model Mistral AI clarifies its strategy amid scrutiny, focusing on enterprise deployments, an open-weight model due in …
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Technology
Amazon announces $13 billion AI and cloud investment in India through 2030
by Helga Moritzby Helga MoritzAmazon investment in India jumps by $13 billion to expand AWS AI and cloud infrastructure Amazon investment in India increases by $13B through 2030 to boost AWS data centers and …
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Business
EU proposes new Cloud and Chips laws to secure technological sovereignty
by Leo Müllerby Leo MüllerEU advances technological sovereignty with Cloud and AI Development Act and Chips Act 2.0 EU advances technological sovereignty with new Cloud and AI Development Act and Chips Act 2.0 to …
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Technology
Google Cloud COO urges embedding AI security amid rising API key risks
by Helga Moritzby Helga MoritzGoogle Cloud COO urges urgent AI security overhaul as API key and billing flaws expose customers Google Cloud COO Francis de Souza calls for a platform-first AI security strategy, warning …
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Technology
Telekom and Google sovereign cloud project faces collapse, insiders say
by Helga Moritzby Helga MoritzTelekom and Google’s Sovereign Cloud Project May Be at Risk, Insiders Say Telekom and Google’s sovereign cloud project, announced in 2021, may be ending, sources tell Handelsblatt – a setback …
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Technology
Cisco raises revenue forecast to $62.8–63 billion after AI cloud order surge
by Helga Moritzby Helga MoritzCisco raises revenue outlook to $62.8–63.0B after surge in AI infrastructure orders Cisco raises revenue outlook to $62.8–63.0B after strong AI infrastructure orders from cloud providers, signaling demand for networking …
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Technology
Telekom and Google sovereign cloud project faces collapse amid strategic uncertainty
by Helga Moritzby Helga MoritzTelekom and Google Sovereign Cloud Partnership Now in Doubt, Handelsblatt Reports Germany’s high-profile sovereign cloud project between Deutsche Telekom and Google, first announced in 2021, is reportedly at risk as …