EU introduces Cloud and AI Development Act (CADA) in major sovereignty push
The European Commission has introduced a sweeping legislative proposal called the Cloud and AI Development Act (CADA), marking the continent’s most aggressive regulatory push yet to dismantle its reliance on foreign technology giants and secure independent digital infrastructure. Unveiled by European Commission President Ursula von der Leyen, CADA marks a major shift in Brussels' digital strategy. Editorial credit: Henry Franklin / Shutterstock While previous legislation like
Google strikes $30 billion compute deal with SpaceX to use its Colossus Data Center for AI training
In a dramatic cross-industry tie-up that reshapes the AI infrastructure landscape, Google has agreed to pay Elon Musk’s SpaceX a staggering $920 million per month to lease a massive pool of artificial intelligence computing power. The blockbuster contract, disclosed in a fresh Securities and Exchange Commission (SEC) filing, establishes a direct bridge between the tech giant and the rocket manufacturer to help Google keep pace with the overwhelming commercial demand for its c
Snowflake signs $6 billion cloud deal with AWS to power AI expansion
Snowflake Inc. has signed a multi-year cloud infrastructure agreement worth approximately $6 billion with Amazon Web Services, in a deal aimed at scaling its artificial intelligence and data platform capabilities. Editorial credit: aileenchik / Shutterstock The agreement is one of the largest infrastructure commitments in Snowflake’s history and underscores the growing demand for cloud capacity driven by AI workloads. AI workloads drive massive infrastructure demand The deal
Microsoft Israel Chief ousted over unauthorized use of Azure Cloud for mass surveillance
The general manager of Microsoft’s Israeli subsidiary, Alon Haimovich, has been forced to step down, along with several senior compliance managers, following an intense global investigation into the local office's ties to the Israeli military. The corporate shakeup, reported by Israeli financial daily Globes on May 11, 2026, comes after an external inquiry concluded that Microsoft Israel allowed defense units to use the company's Azure cloud platform for mass civilian surveil
Google Cloud growth explodes by 63% as AI hyperscalers outpace Wall Street estimates
The global race for artificial intelligence infrastructure reached a fever pitch this week as the "Big Three" cloud providers reported Q1 2026 earnings that shattered analyst projections. While all three titans saw massive gains, Google Cloud emerged as the clear leader in momentum, posting a staggering 63% year-over-year revenue increase. Editorial credit: Sundry Photography / Shutterstock The combined results from Alphabet, Microsoft, and Amazon underscore a "paradigm shif
