Oracle deepens its partnership with Nvidia by integrating Nvidia L40S and H100 Tensor Core GPUs into its cloud infrastructure (OCI) to provide AI acceleration services. The L40S GPU serves as a general-purpose AI accelerator suitable for inference, small model training, and graphics-intensive applications. The addition of the H100 GPU offers more flexibility for businesses of various sizes to leverage AI capabilities. Oracle has also optimized it....

In the fourth quarter of 2023, global spending on cloud infrastructure services grew by 19% year-over-year, reaching $78.1 billion. The top three cloud providers, AWS, Microsoft Azure, and Google Cloud, accounted for 66% of total spending. Global spending on cloud infrastructure services is expected to grow by 20% in 2024. Leading cloud providers are increasing investments in generative AI to meet the rising demand.

Microsoft plans to invest $2.1 billion in Spain over the next two years to develop artificial intelligence and cloud computing infrastructure. This move demonstrates Microsoft's long-term commitment to Spain and its security and digital transformation. Microsoft will invest in building data centers, developing AI technologies, and cultivating talent. This is another significant investment initiative following Microsoft's announcement of a €3.2 billion investment in AI projects in Germany. Microsoft's aim is to further increase its market share in the global cloud computing and artificial intelligence sectors.

Google Cloud has teamed up with Mistral AI to facilitate the distribution of language models. Mistral AI will leverage Google Cloud's optimized infrastructure for testing and scaling large language models trained on vast amounts of data for generating text and other content. Founded by former AI researchers from Meta and Google, Mistral AI raised €385 million in funding, led by Andreessen.