Global Cloud Services Trends
Global Cloud Services Trends
Cloud Service trend intelligence tracks cloud computing market trends, AI infrastructure demand, hybrid cloud adoption, edge deployment, platform competition, and data centre capacity pressure worldwide, giving readers a fuller view of the demand shifts, capacity constraints, platform strategies, capital timing, regulatory pressure, and operating assumptions behind the market.

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Global Cloud Services Trends
Freshworks expects Q3 revenue boost from strong AI demand
OUR TAKEFreshworks announced that it anticipates exceeding Q3 revenue estimates due to strong demand for its AI-powered services, leading to a significant rise in its stock price. The company also raised its annual revenue forecast after reporting better-than-expected Q2…

Global Cloud Services Trends
CPSC demands Amazon recall faulty and hazardous products
OUR TAKEThe CPSC’s decision underscores the growing regulatory pressure on e-commerce platforms like Amazon to ensure product safety. This ruling sets a precedent for how online marketplaces must handle hazardous items, emphasising their responsibility in protecting consumers.…

Global Cloud Services Trends
Goldman Sachs CEO discusses bitcoin’s potential and blockchain benefits
OUR TAKEGoldman Sachs CEO David Solomon’s remarks offer a balanced view on bitcoin, recognising its potential as a store of value while cautioning against its speculative nature. His focus on blockchain’s transformative impact on financial operations underscores a broader shift…

Global Cloud Services Trends
Kamala Harris faces intensified online attacks and harassment
OUR TAKEThe surge in online harassment against Kamala Harris highlights the increasing use of digital platforms to propagate harmful content. As new technologies amplify these attacks, it underscores a troubling trend in modern politics where malicious online activity has become…

Global Cloud Services Trends
Apple releases iOS 18.1 and macOS 15.1 betas with AI features
OUR TAKEApple’s release of developer betas for its latest operating systems marks a significant step in integrating AI features into its ecosystem. This move indicates the company’s commitment to refining these innovations before their broader public rollout. — Zoey Zhu, BTW…

Global Cloud Services Trends
AMD’s AI chip revenue forecast surges amidst supply constraints
OUR TAKEAfter AMD announced an increased revenue forecast for AI chip sales, the company’s shares experienced a notable rise. Specifically, AMD’s stock surged by 7.5% in extended trading after the news was released. This indicates strong investor confidence in AMD’s growth…

Global Cloud Services Trends
Canva strengthens design offerings through acquisition of Leonardo AI
OUR TAKEThe acquisition of Leonardo reflects Canva’s dedication to innovation and growth in the creative design sector. Canva aims to push the boundaries of generative AI technology and provides advanced tools for creative projects. This integration will enable Canva to provide…

Global Cloud Services Trends
Apple employs Google’s chips for AI model training
OUR TAKEApple’s decision to use Google’s TPUs instead of Nvidia’s GPUs for AI model training marks a significant shift in its AI infrastructure strategy, leveraging Google’s tailored AI chips. This move highlights Apple’s aim to diversify its hardware reliance and explore…

Global Cloud Services Trends
Microsoft predicts slower Azure growth, expects capex to increase
Microsoft foresees slower growth for Azure, missing estimates, and boosts capital spending, suggesting AI investment returns may be delayed.

Global Cloud Services Trends
Meta expects ad revenue growth in Q2, prioritises AI and cost efficiency
Meta’s Q2 ad sales expected to rise, showing market resilience. The company focuses on cost management and continued AI investment.

Global Cloud Services Trends
Olympians craft personalised Nike Gear with AI
Olympians use AI to design their custom Nike sportswear. This innovative approach allows athletes to create personalised attire.

Global Cloud Services Trends
Wells Fargo appoints new tech head, embraces AI innovation
Wells Fargo has appointed Bridget Engle as the new head of technology and Tracy Kerrins to lead a generative AI team, emphasising innovation and modernisation.

Global Cloud Services Trends
Understanding the benefits and issues of AI-driven development
AI-driven development leverages AI to automate and enhance various stages of software development, improving efficiency and reducing errors.

Global Cloud Services Trends
Samsung forecasts robust AI chip demand amidst soaring profits
Samsung projects a strong demand for AI-driven chips, as it reported a more than 15-fold growth in its second-quarter operating profit. Samsung’s fourth-generation HBM, or HBM3, has been approved by Nvidia for use in its H20 graphics processor, developed for the Chinese market.

Global Cloud Services Trends
Who pioneered AI? The evolution of artificial intelligence
The development of AI is a tale of collective effort, with numerous scientists, engineers, and researchers from around the world contributing to its progress. Alan Turing proposed the famous ‘Turing Test’ and explored whether machines could exhibit intelligence similar to that of…

Global Cloud Services Trends
Airtable’s acquisition of Dopt for AI-enhanced user experiences
OUR TAKEAirtable, a company known for its collaborative platform, has announced the acquisition of Dopt, a startup that specialises in creating AI-powered onboarding experiences for new users. This strategic move is part of Airtable’s broader push into the AI space, aiming to…

Global Cloud Services Trends
AMD boosts AI chip forecast amid tight supply
OUR TAKEAMD has significantly increased its forecast for 2024 AI chip sales by $500 million, reflecting a strong demand for its AI chips and an expectation of continued supply constraints through 2025. This optimistic outlook, driven by surging demand from cloud computing giants…

Global Cloud Services Trends
Samsung Electronics forecast AI chip demand growth
OUR TAKESamsung Electronics, which reported more than 15-fold growth in operating profit in the Q2, expects demand for AI-powered chips to increase significantly in the second half of the year, thanks to rising semiconductor prices fuelled by the AI boom. The company’s shares are…

Global Cloud Services Trends
Meta’s SAM 2 revolutionises real-time video entity segmentation
OUR TAKEMeta has showed a new AI model called Segment Anything Model 2 (SAM 2), which is capable of recognising and tracking any entity in a video in real time, opening up new possibilities for video editing and analysis. SAM 2’s real-time segmentation technology indicates AI’s…

Global Cloud Services Trends
Amperon revolutionises renewable energy forecasting
OUR TAKEAmperon has released an advanced forecasting service for renewable energy generation designed to provide accurate hourly and minute-by-minute forecasts for solar power plants to help utilities and renewable energy producers manage their generation assets more effectively.…
