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Today’s Storystream

SAP plans to invest over €20 billion across the next decade to expand its sovereign cloud services in Europe, aiming to meet strict GDPR and data sovereignty demands. The initiative includes a new Infrastructure-as-a-Service platform and on-prem deployment options, alongside its existing Delos Cloud for the German public sector. By tying sovereignty with innovation, SAP seeks to strengthen Europe’s digital resilience against global hyperscaler dominance.

Alibaba’s cloud unit reported 26% year-on-year revenue growth, hitting $4.66 billion in Q1 2026, with AI products driving the momentum. AI-related revenue alone delivered triple-digit gains for the eighth straight quarter, now making up over 20% of external customer sales. The results put Alibaba on par with U.S. hyperscalers like Microsoft and Google, while a new partnership with SAP underscores its growing global influence in cloud and enterprise AI.

Crusoe Cloud has deployed Nvidia’s GB200 NVL72 system at atNorth’s ICE02 data center in Iceland, marking its first liquid-cooled rollout at the site. The move expands Crusoe’s capacity by 24MW, adding to its Blackwell and Hopper GPU fleet, all powered by renewable energy. Once focused on crypto, Crusoe has shifted to AI cloud services, now operating regions across the US and Europe with partners including Digital Realty and Equinix.

TD SYNNEX has deepened its collaboration with Amazon Web Services through a new strategic agreement covering North America, Latin America, and the Caribbean. The deal will open doors for small and midsize firms, ISVs, and partners to access AWS tools more easily, scale cloud adoption, and monetize AI solutions faster. Building on their European partnership, the move highlights how distributors and hyperscalers are reshaping digital transformation from startups to enterprises across the Americas.

The Defense Logistics Agency has tapped Google Public Sector for a $48 million contract to overhaul its cloud systems. The DLA, which manages the military’s sprawling supply chain, will shift from legacy GovCloud setups to Google’s AI-ready environment under a phased rollout. The move builds on Google’s growing Pentagon footprint, following its $200 million contract with the Chief Digital and Intelligence Office earlier this year.

Amazon Web Services has officially launched its long-awaited New Zealand cloud region, years after construction hiccups and delays slowed progress. Based in Auckland, the NZ$7.5 billion project features three availability zones and will support local data residency requirements. Early adopters include Kiwibank, TVNZ, and TradeMe. The move positions AWS to compete directly with Microsoft, which rolled out its own New Zealand cloud region in late 2024.