Browsing Tag
Google Cloud
217 posts
Alphabet loses nearly $500bn in market value as AI spending and weaker search advertising alarm investors
Alphabet's shares have suffered a historic selloff after its third-quarter results exposed the financial strain of accelerating AI investment, negative free cash flow and softer-than-expected search advertising.
Alphabet (NASDAQ: GOOGL) crashes after hours despite 103% Google Cloud growth as AI spending overwhelms cash flow
Alphabet delivered 25% quarterly revenue growth and more than doubled Google Cloud sales, but a $9.1 billion free cash flow deficit, investment valuation losses and weaker-than-expected advertising revenue triggered a sharp after-hours sell-off.
Tech Mahindra Q2 FY27 results: Profit jumps 33% as $1bn deal wins support turnaround
Tech Mahindra reported ₹16,180 crore in quarterly revenue, a 14.8% operating margin and its fourth consecutive quarter of more than $1 billion in new deal wins. But declining free cash flow and uneven growth across business segments show that its turnaround still faces an important test as management pursues a 15% margin objective.
Workday brings Claude AI into payroll and finance workflows. Is traditional enterprise software facing a reset?
Workday has expanded its enterprise artificial intelligence strategy through a new Anthropic partnership and a redesigned Sana experience that allows employees to complete HR, finance and IT tasks using AI agents.
Armadin secures $255.5m Series B as AI security valuation tops $2.5bn
Armadin has secured $255.5 million in Series B financing at a valuation above $2.5 billion, putting fresh capital behind an ambitious attempt to automate offensive cybersecurity as artificial intelligence changes the speed and scale of digital attacks.
Promevo targets AI agent sprawl with unified Gemini and Google Cloud control layer
Insights by Promevo connects Gemini Enterprise usage, custom AI agents, permissions and Google Cloud spending in one read-only platform as enterprise AI governance shifts from experimentation toward cost and access control.
Google Cloud plans to double Brazil infrastructure by 2030 as agentic AI demand grows
Google Cloud plans to double its technical infrastructure in Brazil by 2030, adding local compute, storage and AI processing while Gemini Enterprise introduces in-country data processing and NVIDIA Blackwell-powered G4 virtual machines become available from the São Paulo region.
BNP Paribas signs five-year Google Cloud deal to scale Gemini agentic AI
Gemini models will enter a generative-AI platform already available to more than 65,000 Corporate & Institutional Banking employees as BNP Paribas moves from assistants toward workflow agents.
Accenture and Google form Gemini unit as enterprise AI moves beyond pilots
Accenture and Google Cloud are creating a dedicated Gemini Enterprise business group with 1,000 forward deployed engineers, turning enterprise agent adoption into a services-scale challenge at a time when investors are questioning how artificial intelligence changes traditional consulting economics.
Blackstone-Google Crux AI lines up $22bn loan for TPU cloud expansion
A group of banks is providing roughly $22 billion of financing to Crux AI, the Blackstone-Google cloud venture built around Google Tensor Processing Units, according to reporting attributed by Reuters to Bloomberg.