Thursday, March 14, 2024

Google Cloud Is Losing Top Executives

Two from Data Center Dynamics. First up, March 13:

Equinix poaches Google Cloud executive to replace Charles Meyers as CEO
Adaire Fox-Martin succeeds Charles Meyers

Equinix has appointed Google Cloud executive Adaire Fox-Martin as its new CEO.

Fox-Martin, who is currently Google Cloud’s go-to-market president, will succeed Charles Meyers, who has led the company for six years.

Also head of Google Ireland, Fox-Martin has led Google Cloud's go-to-market teams globally since early last year, encompassing sales, professional services, partner ecosystem, and customer success. She has held senior global positions at Oracle and SAP, where she was a member of the company’s executive board with responsibility for sales and service globally, serving more than 440,000 customers.

She has been a member of the Equinix board of Directors since 2020....

....MUCH MORE

Equinix is one of the big dogs in the Data Center REIT/co-location biz, EQIX Nasdaq.

And, also March 13: 

CoreWeave appoints Google Cloud's VP of finance as CFO
As it raises investments and debt to build a GPU cloud

CoreWeave has appointed Nitin Agrawal as its chief financial officer, replacing Evan Meagher.

Agrawal spent nearly three years as the vice president of finance at Google Cloud. Prior to that role, he spent over four years as the CFO of compute services at AWS and seven as the finance group manager at Microsoft.

He is the second Google Cloud executive to leave this week, following sales head Adaire Fox-Martin's move to become Equinix's CEO.

"CoreWeave is filling a void in the high-performance computing space left unaddressed by the legacy cloud providers," Agrawal said.

"I'm thrilled for the opportunity to bring my experience to bear and help build the next generation of cloud infrastructure, alongside the best team in the industry."....

 So Microsoft, Amazon cloud and Google cloud. Guy can't hold on to a job.

CoreWeave has been garnering some attention over the last six months or so with their focus on GPU's in the cloud:

July 2023
Chips: "Microsoft Emphasizes Importance of GPU Supply for AI"
....In order to secure enough GPU capacity, Microsoft has signed an agreement with CoreWeave, a company backed by Nvidia, per the report. Going forward, the company plans to increase its capital expenditures to pay for the necessary data centers, central processing units, networking hardware and GPUs... 

December 2023
Opportunity: "The Vast Potential For Storage In A Compute Crazed AI World"
 
Cloud: GPU's as a Service Gets Big Backers (GaaS)
CoreWeave secures minority investment led by Fidelity on $7B valuation  
 
February 14, 2024
13F: "Nvidia Discloses Stakes In Arm, SoundHound AI, Nano-X And More" (NVDA)