Corporate speak is often abbreviating things and leaving out awkward to say modifiers is common.
Processing power is a lot more of a mouthful than compute. Also people rarely use the word otherwise, it has nerdy, cheesball AI connotations thanks to Hollywood.
There is many precedents of this kind of changing of verbs to nouns in context long before anyway.
Really, nouns are a kind of fallacy, in that is reality all is a process or action. There are some languages that focus heavily on nouns and a more imperative tone, like Bulgarian, the majority of other European languages are focused on nouns, and Bulgarian is a very old language in it's grammar, one of the oldest in Europe, maybe over 6500 years.
I am of the opinion this degradation is one of the many signs of the decay of a society.