GenAI Drives 30% Cloud Revenue Growth, Reshaping Enterprise IT Spending and Competition
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Cloud
Assured Backup and BackBox launch a service to automate network and security backups, reducing downtime and boosting cyber resilience.
AudioCodes certifies new phones and gateways for Webex, easing cloud migration but adoption remains uncertain.
SpaceX has acquired xAI in a $1.25 trillion merger, uniting space launch and AI under Musk as part of a broader tech strategy.
NTT DATA and AWS formalise a strategic partnership to scale enterprise cloud migration and embed agentic AI into modernised systems.
Telecom operators shift capex towards cloud, AI, and core networks, with RAN spending growth remaining subdued.
SoftBank is in talks to invest up to $30bn more in OpenAI, spotlighting rising capital concentration around leading generative AI platforms.
Cloudflare reports fewer internet shutdowns but ongoing global outages from infrastructure and weather damage.
iXAfrica will host Oracle’s first public cloud region in Nairobi, advancing digital sovereignty and local compute for East Africa.
Microsoft joins rivals in designing custom AI chips as cloud costs and competition intensify.
French operators Orange, Bouygues and Free raise bids for SFR assets as Altice seeks debt relief, risking a reshaped telecoms market.
Europe’s tech services market hit record cloud and AI services demand in Q4 2025, highlighting strong XaaS and managed services growth.