Cloud

Amazon’s Q3 earnings exceeded expectations, driving shares up nearly 11%. Cloud sales (AWS) surged 20% to $33 billion, contributing significantly to operating profit. Digital advertising revenue jumped 24% to $17.7 billion. Total sales increased 13% to $180.17 billion, with EPS at $1.95. Amazon raised its spending forecast to $125 billion for AI, demonstrating its commitment to the sector. Despite strong performance, 14,000 corporate employees will be laid off as part of a restructuring effort focused on efficiency. Q4 sales are projected between $206 billion and $213 billion.

Kyndryl’s 2025 Readiness Report, based on a survey of 3,700 leaders, reveals that while AI investments are yielding increased ROI, scaling AI remains a challenge. Many organizations struggle with outdated IT infrastructure, skills gaps, and a complex regulatory landscape. Despite confidence in tools and processes, foundational tech often hinders innovation. Geopolitical pressures also force cloud strategy reevaluation. Companies are increasing AI spending, prioritizing cybersecurity, and recognizing the need to address talent and culture to fully realize AI’s potential.

DXC Technology launches DXC Assure Smart Apps, an AI-powered suite to modernize insurance operations and enhance decision-making. Utilizing Amazon Web Services and the DXC Assure Platform, the apps integrate seamlessly with existing systems, offering self-service capabilities, AI-driven customer support, and intelligent insights. Built with DXC’s Assure BPM and enhanced by ServiceNow, the Smart Apps promise scalable workflows and rapid deployment, aiming for an 80% reduction in process design time, enabling insurers to innovate without disrupting existing investments.

CoreWeave, the AI Hyperscaler, announces it is the first AI cloud provider to deploy NVIDIA’s latest GB300 NVL72 systems, promising significant performance boosts for AI reasoning and agentic workloads. This strategic move, supported by partnerships with Dell, Switch, and Vertiv, reinforces CoreWeave’s commitment to offering state-of-the-art AI infrastructure for global innovators.