Google Cloud Q3 2024 revenue hits $11.4bn, data center spend set to increase in 2025 – DatacenterDynamics

Google Cloud Q3 2024 revenue hits $11.4bn, data center spend set to increase in 2025  DatacenterDynamics Article Source https://www.datacenterdynamics.com/en/news/google-cloud-q3-2024-revenue-hits-114bn-data-center-spend-set-to-increase-in-2025/

Nvidia stock is undervalued because AI companies need to spend another $9 trillion to achieve superintelligence, Softbank CEO says

Nvidia stock is undervalued because AI companies need to spend another  trillion to achieve superintelligence, Softbank CEO says

The CEO of Softbank says Nvidia stock is undervalued despite its huge valuation. Maysoshi Son predicts AI spending will boost Nvidia’s chip business significantly over the next decade. Son envisions artificial… Article Source https://markets.businessinsider.com/news/stocks/nvidia-stock-undervalued-9-trillion-ai-spend-masayoshi-son-softbank-2024-10

Netflix, Disney, Comcast, Google, Warner Bros. Discovery and Paramount to Spend Combined $126 Billion on Content in 2024

Netflix, Disney, Comcast, Google, Warner Bros. Discovery and Paramount to Spend Combined 6 Billion on Content in 2024

Netflix, Disney, Comcast, Google, Warner Bros. Discovery and Paramount are on track to invest a combined $126 billion in content in 2024, according to a new forecast by Ampere Analysis. The firm’s estimate translates to a record 51% of… Article Source https://www.thewrap.com/netflix-disney-comcast-google-wbd-paramount-content-spend-billions/

Analysts Say Cisco Systems Inc (NASDAQ:CSCO) Among Top Beneficiaries of AI Data Center Spend

Analysts Say Cisco Systems Inc (NASDAQ:CSCO) Among Top Beneficiaries of AI Data Center Spend

We recently published a list of Top 10 Trending AI Stocks to Watch. Since Cisco Systems Inc (NASDAQ:CSCO) ranks 6th on the list, it deserves a deeper look. Wall Street continues to gain momentum amid the latest earnings season and analysts are… Article Source https://finance.yahoo.com/news/analysts-cisco-systems-inc-nasdaq-181120716.html

EY and Apptio, an IBM Company, to Deliver Joint Solutions for Enterprise Technology Spend Visibility and Management

EY and Apptio, an IBM Company, to Deliver Joint Solutions for Enterprise Technology Spend Visibility and Management

– Apptio products delivered with EY professional services help to facilitate corporate transactions, enhance enterprise agility and enable the future of cloud – New solutions designed to reduce manual reporting, free up capacity and improve… Article Source https://newsroom.ibm.com/2024-09-24-ey-and-apptio,-an-ibm-company,-to-deliver-joint-solutions-for-enterprise-technology-spend-visibility-and-management

Analyzing your custom metrics spend contributors in Amazon CloudWatch | Amazon Web Services

Analyzing your custom metrics spend contributors in Amazon CloudWatch | Amazon Web Services

With an ever-growing volume of custom metrics in Amazon CloudWatch, customers often find it difficult to understand and manage their spend on this service. One of the most common questions they have is how to identify which metrics… Article Source https://aws.amazon.com/blogs/mt/analyzing-your-custom-metrics-spend-contributors-in-amazon-cloudwatch/

Amazon to spend $10.7 billion in Germany for expansion of cloud infrastructure and logistics

Amazon to spend .7 billion in Germany for expansion of cloud infrastructure and logistics

Amazon has announced a major investment of 10 billion euros ($10.7 billion) in Germany to expand its cloud infrastructure and logistics network. This move is expected to create 4,000 new jobs, bringing Amazon’s total permanent workforce in Germany to over 40,000. The new jobs will be spread across three new logistics centers in various cities … Read more

Ministries of Defence and Justice spend £100 million on Oracle contracts

Ministries of Defence and Justice spend £100 million on Oracle contracts

The Ministry of Defense and the Ministry of Justice have recently signed major agreements with software provider Oracle for the continuous supply of software and related services. The Ministry of Defense’s contract is worth up to £87.7 million and will last for five years, renewing the ministry’s current Oracle Enterprise Agreement. The Ministry of Defense … Read more