Wellness

While Amazon and Microsoft battle in the cloud wars, this startup quietly built a $175 million business by picking up their slack

11 monthes ago   |   By

DigitalOcean
DigitalOcean is a cloud computing startup based in New York, competing with Amazon Web Services and Microsoft Azure by focusing on smaller developers and startups.
The company exclusively reveals to BI that it's on a $175 million annualized run rate for 2017.
An IPO isn't necessarily in the cards, but the company says it's well-positioned should it choose to do so.
There's a war raging in the cloud as the leader, Amazon Web Services, defends its $16 billion business from the rise of Microsoft Azure and Google Cloud. The battleground: Lucrative customer deals with Fortune 500...
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Microsoft and Amazon struck a brilliant partnership to take on Google in the next big thing for cloud computing

Microsoft and Amazon struck a brilliant partnership to take on Google in the next big thing for cloud computing

11 monthes ago   |   By

Chip Somodevilla / Staff
Microsoft and Amazon announced a surprise partnership on Thursday in which they were jointly releasing for free a new software tool for developers called Gluon.
Gluon makes it easier for developers to build AI/machine learning systems, aka apps that can learn.
But there's another, more important reason this partnership is interesting: it challenges Google in its one big area of dominance.
Microsoft and Amazon have joined forces to help spread artificial intelligence across apps.
The two companies released a new tool for developers called Gluon as a free and open...
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