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1. Amazon entered a non-exclusive partnership with artificial intelligence startup Hugging Face, offering Hugging Face's language generation tool as a building block for cloud customers to use in their applications. Amazon's partnership with Hugging Face is in direct competition with OpenAI's collaboration with Microsoft, which is expected to accelerate innovation at all four firms.
Q: Do you think that since Microsoft has come out of the gate first in the AI race, it has a competitive advantage over Amazon? Share your thoughts on Inside.com. |
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2. Google Cloud introduced a new licensing option to make it easier for businesses to migrate to the cloud. Flex Agreements, as the company calls them, allow businesses to avoid a multi-year commitment without forgoing incentives such as credits and discounts.
Q: What other innovative arrangements do you believe cloud providers will implement to remain competitive? Tell us what you think on Inside.com. |
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3. Oracle Cloud secured a contract with Telefônica Brasil (aka Vivo), a Brazilian telecommunications giant, to migrate all its data and applications to Oracle Cloud Infrastructure (OCI). Vivo already had a long-standing relationship with Oracle but chose to partner with them because of the cloud's compatibility with VMware and the potential for a double-digit percentage reduction in operating expenditures.
Q: Do you think companies should use multiple cloud storage providers? Let us know on Inside.com. |
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5. AirTrunk, an Asian hyperscale data center company, opened its second hyperscale data center in Japan with a capacity of over 110MW, compared to its first, which has a capacity of over 300MW. The development is the company's eighth project and highlights the growing demand for storage on the Asian continent. |
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6. Lunar Digital secured a 3MW data center in Manchester, U.K., leased and operated by Equinix, a California-based data center company. Equinix's lease is set to expire in June 2023, and the company did not renew the agreement as it found that the site no longer met its evaluation criteria; however, Robin Garbutt, CEO of Lunar Digital, stated that "the acquisition will ensure client colocation capacity in one of the most highly demanded markets within the U.K." |
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7. In October 2022, Palo Alto Networks launched Cortex XSIAM, its "autonomous" security operations platform, and has since generated $30M in sales, roughly 2% of the company's total revenues last quarter. CEO Nikesh Arora stated that the company's focus on building its security platform has paid off as customers have been looking to consolidate their security vendors with economic conditions tightening. |
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