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What Is FinOps?

FinOps, short for financial operations, is a management practice that promotes shared responsibility for an organization’s cloud computing infrastructure and costs. Within a FinOps framework, information technology (IT) and DevOps groups collaborate with purchasing, finance, and other teams to address cloud costs across the entire organization.

What Is Cloud Financial Operations (FinOps)? - Intel
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Samsung chip workers reject $340,000 one-time bonus, demand annual payouts like SK hynix's $900,000 — workers want share of AI windfall, impending 18-day strike could cost Samsung up to $11.7 billion

… Kwon Seok-joon of Sungkyunkwan University told the Financial Times that an action like this could cost Samsung somewhere between $6.9 billion and $11.7 billion in direct losses, with an even larger amount in indirect costs. …

May 7, 2026 · Jowi Morales

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