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Google Cloud reported a 35% YoY revenue growth, reaching $11.4 billion with a sevenfold increase in operating profit at $1.9 billion. CEO Sundar Pichai noted expanding cloud opportunities as clients embrace GenAI. Despite high capex at $13 billion, Google plans to streamline operations through AI. Meanwhile, tensions with Microsoft escalate over cloud competition practices as rivals prepare their earnings reports.
Canadian data center operator eStruxture plans to invest over CA$750 million to build CAL-3, a 90MW facility in Rocky View County near Calgary, set to launch in Fall 2026. Designed to support AI and cloud demand with rack densities up to 125kW, CAL-3 will be Alberta’s largest data center, further positioning Calgary as a hub for Canada’s tech and digital economy.
Show me a website built in 2024 that doesn't look like every other site built in 2024.
I'll wait.
— Jovan Cicmil (@CicmilJovan) October 29, 2024
NTT DATA has expanded its partnership with Palo Alto Networks, introducing an AI-powered Managed Extended Detection Response (MXDR) service to safeguard enterprise infrastructure. Leveraging Palo Alto’s Cortex XSIAM platform, the service provides 24/7 cloud-to-edge threat detection and rapid response. Designed for sectors with high security needs, MXDR simplifies management, cuts costs, and enhances cyber resilience, positioning NTT DATA and Palo Alto as leaders in advanced cybersecurity.
DigitalBridge Group has agreed to acquire UK-based data center developer Yondr Group, aiming to benefit from soaring AI-driven data center needs. With Big Tech’s growing investments in AI infrastructure, the acquisition strengthens DigitalBridge’s digital portfolio. Yondr will operate independently within DigitalBridge, with the deal set to close in early 2025. The financial terms remain undisclosed, and Mubadala’s stake in Yondr is yet to be clarified.
Webline-Services has introduced upgraded Cloud KVM hosting packages, now featuring 10 Gb uplink and NVMe storage for lightning-fast performance and reliability. Designed for high-traffic sites and data-heavy apps, these cost-effective solutions provide root access and seamless scalability, catering to modern hosting needs without breaking the bank. Businesses can now boost their online performance with this powerful, budget-friendly hosting upgrade.
