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Render secures $20M Series A to scale its DevOps cloud platform

TechCrunch

The San-Francisco based company will use the proceeds to triple its employee base, currently 35 people, by the end of 2022, with a focus on product and customer growth, Goel said.

DevOps 221
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Uber embraces the cloud with customized CPUs

CIO

When Uber decided in 2022 to shift away from running its own data centers, the ridesharing and delivery company wanted a high level of control for how its workloads ran in the cloud, down to the CPU level. Uber was constrained by its on-premises infrastructure, the company wrote in a September 2022 blog post.

Cloud 183
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CarMax drives business value with GPT-3.5

CIO

Despite the current overall economic slowdown, CarMax’s Q4 2022 revenues rose 48.8% billion compared Q4 2021, with revenues for fiscal 2022 increasing 68.3% Everything CarMax does that is new is done on the cloud but the company still has a small data center that will eventually be phased out. billion overall.

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Storm in the stratosphere: how the cloud will be reshuffled

Erik Bernhardsson

Here's a theory I have about cloud vendors (AWS, Azure, GCP): Cloud vendors 1 will increasingly focus on the lowest layers in the stack: basically leasing capacity in their data centers through an API. Snowflake's projected 8 2022 research and development costs are 20% of revenue, and their sales and marketing costs are 48%!

Cloud 351
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO

If you’re in the business of data centers or perhaps have a heavy research and development arm, you might be able to do it more cheaply yourself,” says Ciena CIO Craig Williams, who admits this may be an outlier position. “We growth experienced in 2022. He went with cloud provider Wasabi for those storage needs. “We

Strategy 211
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CoreWeave, a GPU-focused cloud compute provider, lands $221M investment

TechCrunch

based data center expansion with the opening of two new centers this year, CEO Mike Intrator said. billion in revenue last year, while Google Cloud and Azure made $75.3 CoreWeave currently operates five in North America. For perspective, AWS made $80.1 billion and $26.28 billion, respectively.

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Digging Into the Recent Azure Outage

Kentik

Azure outage in synthetic performance tests Kentik operates an agent-to-agent mesh for each of the public clouds — a portion of which is freely available to any Kentik customer in the Public Clouds tab of the State of the Internet page. However, not all intra-Azure connections suffered disruptions like this. 24, 2.58.103.0/24,

Azure 109