Clear, modern coverage of Malaysian news and analysis.
Microsoft has inaugurated its largest data center facility in Hyderabad, India, bringing its total cloud regions to four. The company has committed $20.5 billion to expand operations, securing early adopters including Adani Group and HDFC Bank.
Meta and Anthropic are negotiating a potential $10 billion computing power lease deal spanning two years, marking Meta's push into cloud infrastructure services and revenue diversification beyond advertising.
AI cloud computing company CoreWeave is considering financial derivatives like put options to hedge against potential drops in memory and storage chip prices, reflecting the deep interconnection between cloud providers and volatile semiconductor markets.
Microsoft is eliminating approximately 4,800 positions, representing 2.1% of its global workforce, as the company restructures commercial and gaming divisions to fund accelerating artificial intelligence investments.