Plus, AWS CEO’s windfall, Oracle Cloud news, and gen AI updates at IBM, Microsoft, Deloitte, Google Cloud.

Kelly Teal, Contributing Editor

August 18, 2023

6 Slides

If you’re looking for juicy cloud computing news, look no further. This week, big names are hogging the spotlight. Let’s start with Broadcom debt financing.

As the chipmaker with a $341 billion market cap hopes to wrap up the pending, $61 billion VMware purchase, it’s thinking about how to pay for that acquisition. (It’s also rumored to be planning a lot of layoffs as a result.) Executives apparently were a little under the gun because money they’d already secured for VMware was set to come due soon. So, for Broadcom, debt financing looks like the best option. We cover that in the very first installment in the slideshow above.

But stick around. You’ll want to find out what’s going on with Amazon Web Services CEO Adam Selipsky. Our guess is he’s going into the weekend with a little (or, actually, let’s be honest, probably very big) champagne celebration.

Beyond Broadcom Debt Financing: Pentagon Developments

Once you’ve got the lowdown on Broadcom debt financing and Selipsky’s windfall, we move over to significant developments at the Pentagon. First up, Oracle Cloud now holds the highest of clearances. We cover what that means and which agencies the world’s fourth-largest cloud provider will serve. After that, we revisit the Department of Defense’s JWCC. Remember JWCC? Well, let’s just say that contract has made more progress than the now-defunct JEDI ever did. And at least one of the four vendors eligible to field orders (AWS, Microsoft Azure, Google Cloud and Oracle Cloud) is having a JWCC heyday.

Finally, we round out this roundup with some generative AI partnerships between huge consultancies and providers. Because, at this point, there’s really no such thing as cloud news without mention of generative AI anymore. If you haven’t kept up on the announcements coming from IBM Consulting, Azure, Deloitte and Google Cloud, we have that all in the slideshow above.

For now, kick off this roundup of the week’s cloud computing developments by clicking above and reading about Broadcom debt financing.

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Kelly Teal or connect with her on LinkedIn.


About the Author(s)

Kelly Teal

Contributing Editor, Channel Futures

Kelly Teal has more than 20 years’ experience as a journalist, editor and analyst, with longtime expertise in the indirect channel. She worked on the Channel Partners magazine staff for 11 years. Kelly now is principal of Kreativ Energy LLC.

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