Saturday, September 2, 2023

Instacart's IPO filing suggests its Snowflake cloud spending will fall 71% in 2023, sparking an online spat between staffers of Snowflake and rival Databricks (Ari Levy/CNBC)

Ari Levy / CNBC:
Instacart's IPO filing suggests its Snowflake cloud spending will fall 71% in 2023, sparking an online spat between staffers of Snowflake and rival Databricks  —  - Instacart's long-awaited IPO prospectus last week turned controversial in a way the grocery-delivery company wasn't anticipating.



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Microsoft says it is on track to invest $5.5B in cloud and AI infrastructure in Singapore through 2029, after announcing plans to invest $1B+ in Thailand (Kimberley Kao/Wall Street Journal)

Kimberley Kao / Wall Street Journal : Microsoft says it is on track to invest $5.5B in cloud and AI infrastructure in Singapore through 2...