Daily cloud and web hosting news coverage by HostingDiscussion.com
Today’s Storystream

Yellowbrick Data now supports Red Hat OpenShift, empowering organizations to seamlessly run hybrid cloud workloads. This partnership enables dynamic scaling, real-time analytics, and secure data mobility across on-premises, cloud, and edge environments. Optimized for cost, performance, and flexibility, the integration caters to industries like finance and healthcare, meeting strict data residency and security needs while simplifying multi-cloud operations.

The Canadian government is investing C$240 million ($169 million) in AI startup Cohere to establish a cutting-edge data center in Toronto. Scheduled for 2025, the facility will leverage Nvidia GPUs and CoreWeave’s expertise, fueling Canada’s AI ecosystem. This first phase of the $2.4 billion Sovereign AI Compute Strategy aims to attract multibillion-dollar private investments, solidifying Canada’s global AI leadership and creating high-wage tech jobs.

A fire broke out at an Alibaba Cloud data center construction site in Heyuan, Guangdong, on December 9. Alibaba confirmed no casualties or operational impact, as the fire occurred in a non-operational area under construction. Extinguished within 10 minutes, the incident caused no property loss. The $2.06 billion project, part of Alibaba’s extensive data center expansion, remains on track for completion by 2028.

Cloud Capital has raised $1.325 billion through its first asset-backed securities issuance, leveraging high-quality data center assets in Virginia and Minneapolis. The funding will refinance debt and support corporate expansion. CEO Hossein Fateh hailed the A(sf)-rated issuance as a milestone in digital infrastructure financing. With over $4 billion in global data center assets, Cloud Capital continues to set benchmarks in sustainable and high-performance investments.

Oracle reported $2.4 billion in Q2 cloud infrastructure revenue, a 52% YoY surge. Despite impressive growth, total cloud sales fell short of analysts’ $6 billion forecast, leading to an 8% drop in share value. CEO Safra Catz highlighted Oracle’s edge in AI workloads and multi-cloud flexibility, projecting $25 billion in cloud revenue for FY2025. Capital expenditures reached $3.97 billion, signaling aggressive cloud expansion.

Skyhawk Security introduces Interactive Cloud Threat Detection and Response, leveraging real-time user engagement to confirm suspicious activity and reduce SOC workloads. This innovative feature bridges context gaps, aligns with zero-trust principles, and slashes MTTR. By crowdsourcing verification from asset owners, the solution enhances threat accuracy, minimizes false positives, and enables immediate containment, redefining cloud breach prevention with a cutting-edge AI-driven platform.

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