Cloud Computing/page/3 news and trends

AWS and J.P. Morgan Weigh In on the Cloud’s Role in Payments Modernization

October 25, 2024
Microsoft to Invest $4.8 Billion in Italy for AI Infrastructure
artificial intelligence // October 02, 2024

Microsoft announced Wednesday (Oct. 2) plans for a €4.3 billion ($4.8 billion) investment in Italy, its biggest investment in the country so far. The initiative is set to roll out over the next two years, allowing the Big Tech company to expand its cloud and...

Making Sense of the Great ERP System Cloud Migration 
B2B Payments // September 20, 2024

Enterprise resource planning (ERP) systems have long been the backbone of enterprise businesses. And for too long, these systems — which enable organizations to integrate and manage core business processes across departments such as finance, supply chain, human resources and customer relationship management (CRM) —...

AI in Gaming: Kinetix Launches Fund for User Content as Cloud Deal is Inked
artificial intelligence // September 17, 2024

From boosting cloud gaming performance to enabling player-created content and lifelike characters, artificial intelligence (AI) opens up fresh possibilities for developers and gamers alike. AI Computing Partnership Aims to Boost Gaming Performance in the Cloud A new partnership between two UAE-based technology firms seeks to...

Google Cloud CEO: 60% of AI Startups Use Our Tech
News // September 11, 2024

Google Cloud’s CEO says his company has several paths to monetizing artificial intelligence (AI). “We have seen 10-times growth year over year of people using our clusters,” Thomas Kurian said Tuesday (Sept. 10) at a Goldman Sachs tech conference. “Sixty percent of all AI startups...

Interviews & Exclusives
AWS and J.P. Morgan Weigh In on the Cloud’s Role in Payments Modernization

October 25, 2024
Although the technology has come a long way in a short period of time, it’s not like an organization can hit a switch and migrate to the cloud. Not yet, anyway. Migrating to the cloud can be a complex undertaking, particularly for banks with legacy systems and intricate regulatory requirements. The process involves not only […]

Fidor: How Cloud-Based Banking Helps With Compliance

September 22, 2020
Consumers moved to digital banking in droves during the early months of the COVID-19 pandemic — it appears they are not moving back. A significant portion of consumers in various...

What Legacy FIs Miss About The Need For Cloud-Based Infrastructure

May 29, 2020
Financial institutions (FIs) have been adapting their platforms and technologies to better suit the needs of more digital consumers for decades, but the coronavirus has placed new importance and pressure...

Credit Unions Find ‘Co-opetition’ Key To Closing The Innovation Gap

January 28, 2020
Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. A recent study found that CUs beat...

Quick Reads
Microsoft to Invest $4.8 Billion in Italy for AI Infrastructure

October 02, 2024
Microsoft announced Wednesday (Oct. 2) plans for a €4.3 billion ($4.8 billion) investment in Italy, its biggest investment in the country so far. The initiative is set to roll out over the next two years, allowing the Big Tech company to expand its cloud and artificial intelligence (AI) data center infrastructure while providing digital skills […]

Google Cloud CEO: 60% of AI Startups Use Our Tech

September 11, 2024
Google Cloud’s CEO says his company has several paths to monetizing artificial intelligence (AI). “We have seen 10-times growth year over year of people using our clusters,” Thomas Kurian said...

Microsoft Taps Lumen to Meet AI Data Center Demands

July 24, 2024
Microsoft has launched a partnership with telecommunications company Lumen Technologies. The collaboration, announced Wednesday (July 24), will see Lumen use Microsoft’s cloud to further its “digital transformation.” Microsoft, meanwhile, will...

Wiz Reportedly Rejects $23 Billion Google Deal

July 23, 2024
Cloud security startup Wiz has reportedly rejected a $23 billion acquisition bid by Google. Instead, the company will go ahead with plans for an initial public offering (IPO), CNBC reported...