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Tech

Microsoft locks multi-year Azure GPU reservations with three Fortune 50 banks

CIOs are trading flexibility for capacity. The cloud price war is becoming a rationing story.

James WhitakerTechnology Editor
Macro view of computer chips on a circuit board

Macro view of computer chips on a circuit board

REDMOND, Wash. — CIOs are trading flexibility for capacity. The cloud price war is becoming a rationing story.

Bank technology chiefs described four- and five-year minimums bundled with ordinary software seats — terms that would have been laughed out of a 2019 procurement review.

James Whitaker

Technology Editor

Reports on semiconductors, cloud infrastructure, and the industrial politics of AI.