Welcome to the newest episode of The Cloud Pod podcast! Justin, Ryan and Matthew are your hosts this week as we discuss all the latest news and announcements in the world of the cloud and AI – including what’s new with Google Deepmind, as well as goings on over at the Finops X Conference. Join us!
Titles we almost went with this week:
The Cloud Pod DeepMinds bring you the Cloud NewsThe Cloud Sounds Better When Tuned ProperlyThe Cloud Pod Delegates Itself to Multiple Organizations The Cloud is Flush with Cash but Still Raining on Employees.A big thanks to this week’s sponsor:
Foghorn Consulting, provides top-notch cloud and DevOps engineers to the world’s most innovative companies. Initiatives stalled because you have trouble hiring? Foghorn can be burning down your DevOps and Cloud backlogs as soon as next week.
News this Week:
00:43 – Finops X Foundation Conference is just around the corner
This is a great opportunity to meet with other Finops users and share knowledge, collaborate on Chalk Talk, and network in beautiful San Diego, CA. There will even be an awards ceremony on an aircraft carrier, and you KNOW you want to be there for that. Do you like stickers? Of course you do. Everyone likes stickers! Be on the lookout for Justin – he’ll be there! And if you ask nicely (or even just sort of nicely) he’ll give you a TCP sticker, so that right there is a great reason to attend. The conference is June 29th – 31st, and registration can be found on the Finops Foundation website. See you there! 02:51 It’s earning season. Listener discretion is advised.
Let’s start with MicrosoftAt their earnings report on Tuesday, Microsoft is reporting $52.9 billion revenue, up 7% from the previous year. Expectations were set at $51 billion. Much of this is driven by AI (because what isn’t driven by AI these days.) Overall profits were up 9% from last year, coming in at $18.3 billion. Microsoft Azure helped with these numbers by recording a 22% increase, vs. a 34% increase seen last year. 03:51 Ryan- I’m surprised with some of the numbers, just because I wasn’t expecting – after so many years of growth – that it would continue to rise despite the economic dip.”
Moving on to Google Earnings… Google earnings were recorded at $69.79 billion, which was higher than analysts expected, thanks partly due to Google cloud revenue and an increase in Youtube advertising (all of it aimed at my kid, apparently.) Google cloud (GCI) revenue came in at $7.45 billion, which was slightly lower than expectations, but the good news is that Google finally recorded a profit in their cloud computing sector! This means everyone using GCI won’t be left in the dust, since we all know Google loves to kill off anything that isn’t profitable. 05:30 Ryan- “I imagine there’s a l