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cloud16 Jun 2026

Amazon Announces Multibillion-Dollar Data Center Campus in Missouri

Amazon is investing several billion dollars to build a data center campus in Montgomery County, Missouri, expected to create 400+ full-time tech jobs. The expansion reflects continued hyperscaler infrastructure buildout driven by AI and cloud demand. This is a large-scale, multi-year capital deployment across construction, power, cooling, and networking supply chains.

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cloud11 Jun 2026

Oracle Plans $70B AI Spending After Cloud Revenue Jumps 93%

Oracle reported a 93% jump in cloud revenue and announced plans to spend $70 billion on AI infrastructure. The massive capex commitment signals Oracle's aggressive push into AI cloud services. Rising infrastructure costs and financing plans drew investor scrutiny alongside the strong results.

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