Haha, he's not talking about iCloud
Taking about setting up a cloud infrastructure company for business use, and seeking guidance in the hardware architecture and virtualization methodology that would be used to back such an infrastructure.
Cloud in the business sense is server virtualization provided to small businesses for their internal networks, as well as their public facing web application needs. Typically, these services are provided by huge companies with services such as Amazon AWS, MicroSoft Azure, and a host of small companies that provide similar services on a smaller scale.
Cool stuff, lots of competition.
Or, you know, something like that...