Thursday, August 25, 2022

Hyper-scaler slowdown could dent cloud revenue for IT companies

Chinese cloud service providers have already said that growth had slowed due to market regulations, while AWS, Azure and Google Cloud reported a 7% lower incremental revenue in the first half of this year compared to the previous year.

from Tech-Economic Times https://ift.tt/c7sUmKD

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...