Cloud

Alibaba Cloud to start second data centre in South Korea by June
Alibaba Cloud to start second data centre in South Korea by June
The company operates 87 availability zones across 29 global regions and is China’s largest cloud providerPublished Thu, Jun 19, 2025 · 10:47 AM[SEOUL] Alibaba Group Holding will open a...
Google Cloud and Digital Industry Singapore launch programme to spearhead AI development among companies
Google Cloud and Digital Industry Singapore launch programme to spearhead AI development among companies
[SINGAPORE] Digitally-mature companies keen on doing more in the area of artificial intelligence (AI) will now have the opportunity to tap a new programme. The AI Cloud Take-Off Programme launched...
AI demand drives chip equipment sales forecast to new highs but tariff jitters cloud outlook
AI demand drives chip equipment sales forecast to new highs but tariff jitters cloud outlook
[SINGAPORE] Fuelled by the explosive demand for artificial intelligence (AI), global semiconductor manufacturing is poised for growth, with equipment sales projected to hit a record US$121 billion this year...
Interest costs fall for S-Reits in Q1, but US tariffs cloud outlook
Interest costs fall for S-Reits in Q1, but US tariffs cloud outlook
[SINGAPORE] Interest costs eased for more Singapore-listed real estate investment trusts (S-Reits) in the first quarter of FY2025, even as looming US tariffs cast a shadow over their prospects...
Singtel initiates its first share buyback programme of up to S billion; incorporates cloud business
Singtel initiates its first share buyback programme of up to S$2 billion; incorporates cloud business
The buyback will be delivered over the course of three years until financial year 2028 and involves the purchase of shares in the open market that will subsequently be...
WeRide joins Tencent Cloud to build smart driving services for overseas markets
WeRide joins Tencent Cloud to build smart driving services for overseas markets
Published Tue, May 20, 2025 · 07:20 PM[BEIJING] Chinese self-driving startup WeRide said on Tuesday (May 20) that it will partner with Tencent Cloud to promote large-scale robotaxi commercial...
Amazon cloud revenue, income forecast disappoint, shares slide
Amazon cloud revenue, income forecast disappoint, shares slide
AMAZON.COM on Thursday reported first-quarter cloud revenue growth and forecast operating income below estimates, disappointing investors.Shares of the company fell as much as 5 per cent in after-hours trading...
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
[BENGALURU] The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics...
Meta quarterly profit climbs despite big cloud spending
Meta quarterly profit climbs despite big cloud spending
[SAN FRANCISCO] Tech giant Meta on Wednesday (Apr 30) reported quarterly profits that were well above expectations, brushing aside market worries that its heavy investments in cloud computing and...
Microsoft posts strong results fuelled by cloud sales growth
Microsoft posts strong results fuelled by cloud sales growth
[NEW YORK] Microsoft reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a wave of new tariffs and economic turbulence.Total revenue...