Cloud is a topic tracked in our intelligence system with 5 linked articles.
UK-built B2B banking infrastructure underpins a large share of global core banking upgrades, backed by regulatory depth and a multi-billion funding backdrop.
Accenture will acquire IBM's majority stake in UniCredit's technology joint venture; IBM will continue to provide platforms, while UniCredit gains greater control over its tech strategy, including cloud, data and AI.
UniCredit partners with Accenture and IBM to modernize and scale its European banking tech across 13 markets, with Accenture acquiring the majority stake in the JV that runs UniCredit’s tech and IBM supplying platforms, under a multi-year program pending regulatory approvals.
Investors are rewarding cloud-host players (AWS, Microsoft) for AI-driven growth, while capex remains huge and regulatory headwinds (App Store changes and looming Supreme Court ruling) could impact margins.
Reddit posted a solid Q2 with $805 million revenue (+61% YoY) and $253 million net income (+183%), but AI-driven search shifts and uncertainty around data licensing with Google pressured the stock despite beating guidance.
The VA will not require FedRAMP certification for cloud contracts; vendors must still meet NIST/VA security requirements and obtain a VA Authorization to Operate, aiming to speed procurement while preserving security.
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