TL;DR The U.S. Justice Department says it seized backend cloud infrastructure tied to Huione Group money-laundering services. Authorities linked the infrastructure to …
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Tag:
cloud
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Finance
Groq raises $650 million for AI inference cloud after Nvidia licensing deal
by shayaanby shayaanGroq raised $650 million to expand its inference cloud business six months after licensing its semiconductor technology to Nvidia and losing its …
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Finance
Rumble signs $270M cloud agreement for dedicated GPU capacity powered by NVIDIA Blackwell systems
by shayaanby shayaanRumble just landed the biggest customer deal in its history. The company signed a $270 million multi-year cloud agreement with Together AI …
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Regulation
European cloud providers back EU push to cut reliance on US tech giants
by shayaanby shayaanA coalition of thirteen European cloud providers and industry groups published a joint statement endorsing the European Commission’s push to wean the …
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Markets
Here's how one decentralized cloud provider says private citizens can make money from AI
by shayaanby shayaanTitan Network says its crowdsourced computing network has signed tech giants like Tencent and Alibaba as clients, saving them as much 75% …
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Finance
Rumble plans to compete with AI hyperscalers in cloud services starting mid-June
by shayaanby shayaanRumble, the company best known as a YouTube alternative for creators who feel stifled by Big Tech moderation policies, is about to …
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The European Union is debating whether Amazon, Microsoft, and Google should be allowed to keep hoovering up government cloud contracts across the …
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Regulation
European leaders debate curbing Big Tech access to EU cloud tenders and satellite spectrum
by shayaanby shayaanThe European Union is picking a fight with some of the most powerful companies on Earth. EU leaders are actively debating new …
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Finance
IREN shares jumps on $1.6 billion Dell deal to expand AI cloud business
by shayaanby shayaanIREN shares rose 4% in pre-market trading after the company entered a $1.6 billion purchase agreement with Dell Technologies for air-cooled Blackwell …
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Web3
DeFi Hash Expands Mobile Cloud Infrastructure Platform Amid Rising Demand for Digital Asset Participation
by shayaanby shayaanLondon, UK, May 10, 2026 (GLOBE NEWSWIRE) — As the cryptocurrency industry continues to mature in 2026, investors are exploring new ways …