Google Cloud has launched its Security Operations platform in Taiwan, offering AI-powered autonomous security defense while allowing Taiwanese organizations to keep sensitive data locally. The expansion includes sovereign AI capabilities that enable enterprises to access advanced Gemini models within private data centers.
The Commerce Department's Bureau of Industry and Security is examining how Chinese AI companies circumvent export restrictions by renting Nvidia computing power located overseas, following recent technological breakthroughs that demonstrated their continued access to advanced chips despite Washington's controls.
Amazon reported $200.6 billion in Q2 revenue with AWS growing 37%, its fastest pace since 2021, but free cash flow turned negative for the first time since 2023 due to massive capital expenditures on AI data centers.
Amazon increased its annual capital spending plans following robust cloud computing sales growth, its strongest performance in more than four years, as the company argues AI investments are generating sufficient demand to justify the expenditures.
Amazon reported AWS revenue accelerated for a fifth straight quarter, with cloud computing growth easing investor concerns about AI infrastructure returns. The strong results sent shares up 12% and demonstrated clear demand for Amazon's custom AI chips.
Microsoft's stock jumped 16% following stronger-than-expected guidance and robust Azure cloud growth, with rising adoption of Microsoft 365 Copilot demonstrating that the company's artificial intelligence investments are beginning to generate measurable revenue.
Meta Platforms Inc. has revealed it has committed almost $700 billion in future spending through long- and short-term agreements for artificial intelligence data centers, cloud computing, and related infrastructure.
Meta Platforms is developing a new cloud infrastructure business to sell access to its excess AI computing power and models, positioning itself to compete with Amazon Web Services, Google Cloud, and Microsoft Azure. The announcement sent Meta shares up more than 10% in trading.
AI cloud infrastructure provider CoreWeave reported Q1 2026 revenue of $2.08 billion, up 112% year-over-year, but net losses more than doubled as the company invested heavily in expanding its GPU infrastructure.
Alphabet's cloud division reported blowout growth results, resetting investor expectations across major tech companies regarding returns on AI infrastructure investments, which are projected to reach $700-725 billion in 2026.
Google Cloud unveiled a $750 million fund to help consulting firms including McKinsey, Accenture, and Deloitte bring agentic AI solutions to their enterprise clients, part of Google's broader push into enterprise AI agent platforms.
Google announced its eighth-generation Tensor Processing Units (TPUs) developed with Broadcom, alongside a new Gemini Enterprise Agent Platform and Workspace Intelligence AI layer. The company is positioning itself as the only provider with a complete AI stack from chips to applications.
