EU 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 …
cloud
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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 …
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Technology
Cloud Act Raises European Corporate Fears Over US Data Access and Updates
by Helga Moritzby Helga MoritzCloud Act Fuels European Fears Over US Access to Data and Software Updates European firms warn the US Cloud Act could let American authorities access overseas data and influence software …
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Technology
Cloud providers face surging AI compute demand as investments outpace revenue
by Helga Moritzby Helga MoritzAI cloud demand outpaces revenue as tech giants accelerate compute investments AI cloud demand surges as tech giants report rising revenues while infrastructure spending accelerates faster, prompting strategic shifts and …
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Technology
Europe Shifts From US Tech as France Awards Sovereign Cloud Contracts
by Helga Moritzby Helga MoritzEurope Reduces Reliance on U.S. Tech as Governments Shift to Sovereign Clouds European governments accelerate moves to reduce reliance on U.S. tech, awarding sovereign cloud contracts, moving health data off …
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Business
SAP posts robust Q1 as cloud revenue surges 19% and backlog rises 20%
by Leo Müllerby Leo MüllerSAP Q1 results: Cloud revenue climbs 19% as AI demand lifts profit but company warns of Q2 slowdown SAP Q1 results: cloud revenue up 19% and adjusted EBIT +17%. Company …
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Business
SAP reports Q1 beat as cloud and AI drive revenue growth, flags Q2 slowdown
by Leo Müllerby Leo MüllerSAP quarterly results beat forecasts as cloud revenue and AI demand lift profits SAP Q1 results beat forecasts as cloud revenue and AI demand lift sales; adjusted EBIT rose but …