November '23 Cloud Tech Highlights

Here are the November news you don't want to have missed:

• A rapid look at last quarter's published results by hyperscalers:

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- Overall worldwide cloud infrastructure services?spending exceeded $68 billion, increasing by $10.5 billion YoY, representing an 18% growth rate.?

- The 3 hyperscalers own >66% of the market footprint, AWS is the leader and has the same market footprint as Azure and GCP combined, while Azure = 2 x GCP

• AWS Under Scrutiny: Corey Quinn Exposes Customer Data Use and Misleading Sustainability Tools

https://www.dhirubhai.net/feed/update/urn:li:activity:7129732176106938369

Corey Quinn's blog post highlights questionable AWS practices, suggesting they use customer data for AI training and providing flawed sustainability tools, challenging their 'Customer First' principle and urging the cloud community to demand transparency and integrity.

• FinOps Efficiency: Measure It, Master It

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FinOps.org offers vital KPIs for assessing team efficiency, forecasting accuracy, and budget management, turning abstract financial operations into tangible success stories for organizations.

• New Whitepaper: Navigating AWS EDP for FinOps Professionals

https://lnkd.in/drBQtrbr

Our latest whitepaper offers detailed guidance on AWS Enterprise Discount Program eligibility, negotiation preparation, and usage forecasting, a crucial resource for FinOps and Cloud Optimization experts.

• Microsoft's Bold Leap into Chip Design to Rival Amazon Web Services

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Microsoft unveils Azure Maia 100 and Cobalt 100 chips, marking its entry into chip design. The Cobalt CPU targets cloud workloads, while the Maia 100 AI accelerator, developed with OpenAI, aims to reduce reliance on Nvidia GPUs. This strategic move echoes Amazon's and Tesla's efforts in custom chip development, highlighting a tech trend towards self-reliance and performance optimization in hardware.

• AWS Launches Cost Optimization Hub for Efficient Cloud Management

https://www.dhirubhai.net/feed/update/urn:li:activity:7135167961174007810

AWS's new Cost Optimization Hub offers centralized, actionable recommendations for cost-saving, featuring a customizable dashboard to enhance cloud infrastructure efficiency, aligning with OptimNow's mission for optimal cloud management.

• OpenAI's Internal Conflict: Mission vs Growth Post-ChatGPT

https://www.dhirubhai.net/feed/update/urn:li:activity:7132631267459620864

The Atlantic's article exposes OpenAI's internal struggles between its humanitarian mission and aggressive growth goals following ChatGPT's release, questioning the future direction under Sam Altman's leadership.

• Nvidia's High-Flying Numbers: Real Deal or Market Hype?

https://www.dhirubhai.net/feed/update/urn:li:activity:7133355997741355008

Nvidia's 45.81% net profit contrasts with its high P/E of 120, raising questions about market overconfidence amidst increasing competition in chip design.