According to Bloomberg, Meta will pay at least $10 billion over six years to use Google Cloud servers and storage to expand its AI capabilities.
Oxford BioDynamics PLC (AIM:OBD, OTC:OXBOF) executive chairman Iain Ross talked with Proactive about the company's new partnership with Google Cloud, a move he described as a major growth catalyst for both Oxford BioDynamics and the field of 3D genomics. Ross outlined how the deal will support the global scaling of the company's EpiSwitch platform by making it cloud native, allowing faster deployment, greater accessibility, and continuous updates.
Zacks.com users have recently been watching Alphabet (GOOG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Recently, Zacks.com users have been paying close attention to Alphabet (GOOGL). This makes it worthwhile to examine what the stock has in store.
Meta has signed a six-year deal to use Google's cloud-computing services as it builds out its AI infrastructure.
Meta Platforms (META) has reportedly agreed to spend more than $10 billion on cloud services from Google, as the search giant seeks to catch up with larger rivals in the space, namely Amazon Web Services and Microsoft Azure.
Despite robust performance during the first two quarters, Alphabet (NASDAQ: GOOG) stock has risen only 5% this year, trailing behind the S&P 500's 9% growth. A significant reason for this underperformance is the ongoing lawsuit that might compel Google to divest certain assets.
Google has signed a six-year cloud computing deal with Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) valued at more than $10 billion, according to a source cited by Reuters. The agreement will see Meta use Google Cloud's servers, networking and storage as it races to expand its artificial intelligence capabilities.
Meta has made a cloud computing deal with Google worth more than $10 billion over the course of six years, a source close to the transaction told AFP Thursday.
Google won a $10 billion cloud contract from Meta spanning six years, according to two people familiar with the matter. Meta has largely been reliant on Amazon Web Services for cloud infrastructure though it also uses Microsoft Azure.
Google has struck a major cloud computing deal worth more than $10 billion with Meta Platforms , The Information reported on Thursday, citing two people familiar with the matter.
Google will provide its Gemini artificial intelligence tools to US federal agencies practically free, the government announced Thursday.