Cloud
Stories curated for Cloud

Alphabet's $500 Billion Wipeout: The Day AI Search Came for Google's Cash Machine
Alphabet shares suffered their worst single-day drop on record this week, erasing roughly $500 billion in market value after its own AI search features were shown to be denting the advertising business that funds the entire company. The fallout is the sharpest warning yet that the AI boom's payoff may be slower — and messier — than investors expected.

GMO Puts a $1 Million Bounty on Its Hackers After Refusing to Pay Ransom
After a breach of its Onamae.com Desktop Cloud service led to unauthorized FX trades and an extortion demand, Japan's GMO Internet Group refused to pay and instead opened a $1 million bounty for information leading to the attackers' arrest.

Chip Stocks Tumble as Wall Street Asks: Is the AI Boom a Bubble?
A global chip-stock rout, hot US inflation data, and a sobering IMF warning about financial stability have put the trillion-dollar AI buildout under its first real market stress test. Investors are now asking whether the AI boom is a durable structural shift or a debt-fueled bubble.

DigitalOcean Puts Agent and Cloud Telemetry in One Insights Console
DigitalOcean has opened Insights in public preview, bringing selected agent, application, and infrastructure metrics, logs, and traces into one OpenTelemetry-based service.

Oxide Computer raises $445M Series D at scale for on-prem AI clouds
Oxide Computer closed a $445 million Series D led by Eclipse, with AMD Ventures joining, to expand manufacturing of its integrated rack-scale systems as enterprises build owned AI infrastructure.