The companies announced a series of deals today to expand the reach of their cloud computing offerings, bringing them into the mix with other technology leaders like Google and Amazon.
IBM is investing $200 million in an expansion of its cloud computing business, a deal that would expand IBM’s overall cloud computing footprint and the capabilities of its Watson AI cloud-based artificial intelligence service, as well as create a new IBM Cloud Business Services business.
Microsoft is investing more than $100 million in its cloud business, which is based on Azure and will enable Microsoft’s Azure cloud to run on other cloud providers’ data centers, and also expand its Azure cloud offerings.
The companies said they would share more details on the investments in the coming weeks.
“Today’s announcement marks a significant step forward in bringing cloud computing to more consumers and businesses, and I look forward to the continued growth of this innovative technology and the continued expansion of our business in the cloud,” IBM Chief Executive Officer Ginni Rometty said in a statement.
“This announcement further demonstrates IBM’s commitment to driving cloud computing adoption in new and innovative ways.”
Microsoft also announced a $100,000 investment to accelerate the adoption of the next-generation Windows 10 operating system and cloud services.
It will work with Google to support the development of next-gen Windows 10 IoT and Cloud services and support a new Windows 10 Insider program that will help developers and enthusiasts develop apps for the cloud.
Amazon will create a cloud services business, the company said, and will partner with Microsoft on cloud services to deliver enterprise-class data centers and services for its customers.
Google, Microsoft, and Amazon are investing in more than 100 new cloud-computing business units across the company, the companies said.
The deals include a $40 million investment in Azure cloud computing for data centers at Google, a $50 million investment to create a hybrid cloud business for Microsoft, $100.5 million investment for Amazon to develop and scale Azure cloud services, and $50.5 billion for Microsoft to help build and deploy the next generation of cloud services for customers.
IBM will also provide $15 million in financing to build a new cloud services group, which it will call IBM Cloud Services.