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BNP Paribas Financial Markets Has $1.80 Million Position in First Trust Cloud Computing ETF (NASDAQ:SKYY) – Defense World

BNP Paribas Financial Markets lessened its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY Free Report) by 7.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,546 shares of the companys stock after selling 1,627 shares during the quarter. BNP Paribas Financial Markets owned 0.06% of First Trust Cloud Computing ETF worth $1,801,000 as of its most recent SEC filing

Huawei Cloud Goes Live in Egypt – Huawei

[Cairo, Egypt, May 24, 2024] Huawei launched a Cloud Region in Egypt on Tuesday, making it the first company to establish a public Cloud in the region. The Cairo Region will deliver Huawei Cloud's intelligent and innovative capabilities and serve as a Hub for countries in Northern Africa

Defense Agencies Turn to Multicloud Strategy – FedTech Magazine

The department can also work with vendors to ensure offerings meet strict Defense cybersecurity requirements, Lamb says, adding that the multicloud move has accelerated the departments shift away from outdated waterfall development processes into more agile workflows. Over time, Lamb expects early lessons will pay off in the form of applications that are fully optimized for a multicloud environment.

‘Multi-cloud all the way’: Why Google Cloud’s UniSuper fiasco shows you shouldn’t rely on a single cloud provider – ITPro

Earlier this month, UniSuper found itself in a true nightmare scenario when Google Cloud deleted the account complete with backups belonging to the $135 billion pension fund. The incident prompted nearly two weeks of confusion and disruption for the Australian firms 600,000+ members, culminating in a public apology from Google Cloud CEO Thomas Kurian

Amazon to Invest $17 Billion in Spanish Cloud Infrastructure – Morningstar

By Mauro Orru Amazon.com plans to invest 15.7 billion euros ($17.04 billion) over the next decade to expand its cloud services in Spain, the latest pledge from the U.S.

Telefnica and Google Cloud Extend Strategic Partnership to Accelerate Digital Transformation, Drive Innovation, and … – PR Newswire

MADRID, Spain and SUNNYVALE, Calif., May 23, 2024 /PRNewswire/ -- Telefnica and Google Cloud today announced the renewal and extension of their partnership to bring best-in-class cloud offerings to the market and to help businesses accelerate their digital transformations. The agreement includes the expansion of Google Cloud services offered by Telefnica Tech for the B2B market, cloud adoption by Telefnica for its own business, and the strengthening of collaboration in key areas of innovation, such as artificial intelligence (AI) and generative artificial intelligence (Gen AI).

AWS Invests $17B in Spain for Cloud, AI Infrastructure Expansion – AI Business

AWS is investing $17 billion to expand its cloud and AI infrastructure services in Spain. Amazons cloud business will expand its cloud infrastructure in the Aragn region of in northeastern Spain, creating 6,800 jobs across roles including construction, engineering and facilities maintenance. AWS says its infrastructure expansion will contribute $24 billion to Spains gross domestic product

Lessons From Kubernetes and the Cloud Should Steer the AI Revolution – The New Stack

We’ve seen this story before… Over the past decade, cloud computing and Kubernetes emerged as revolutionary forces by promising scalability, efficiency and operational flexibility. These innovations changed how organizations deployed and managed digital infrastructure, with cloud services enabling easy resource scaling and Kubernetes offering sophisticated container orchestration. Yet this swift scale of technological adoption brought challenges, notably configuration technology debt — a complex issue that hampers developer productivity, causes system outages and increases security risks

Sluggish growth and blindsided by generative AI: Adam Selipsky’s predictable departure from AWS – ITPro

News of Adam Selipskys departure from AWS may have shocked some industry stakeholders, but the last 18 months suggest the time is probably right for them to part ways. Since becoming CEO in mid-2021, Selipsky has steered the company through choppy, often uncharted waters; a pandemic-fueled cloud surge, a marked industry spending decline, the emergence of generative AI, and something of a rebound

How Google Cloud is Providing a Launchpad for Women in Tech – Technology Magazine

This motivated Google Cloud to create the Google Cloud Launchpad for Women programme, aimed at helping customers upskill their teams while empowering more women across industries with cloud and AI skills. We launched the first version of the programme in March of this year, Rifkin says, and we were impressed by the level of demand from our customers