The cloud computing sector has been on an impressive growth trajectory, with projections suggesting its market capitalisation will quadruple to a staggering $2.3 trillion by 2032. However, this rapid expansion comes with its own set of challenges. The market’s concentration among a few major players like AWS, Azure, and Google Cloud poses significant risks. A… Read more »
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The Biden administration is conducting a review of China Mobile, China Telecom, and China Unicom due to concerns that these companies could take the American data they access through US cloud and internet providers and provide it to Beijing. According to three sources familiar with the matter, the Commerce Department is carrying out this previously… Read more »
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The cloud computing sector in Europe is under considerable regulatory review at the moment, particularly around the proposed cybersecurity certification scheme (EUCS) for cloud services, which is a major topic of industry conversations. Reuters has reported that this initiative has triggered discussions among stakeholders about how it might affect leading cloud service providers, as well… Read more »
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A two-week long business trip to the US by Samsung Electronics executive chairman, Lee Jae-yong, recently concluded with high-profile meetings with the heads of Meta, Amazon and Qualcomm. As The Korea Times reported the main purpose of these discussions was to expand tech partnerships between the world’s leading research institutions and explore how they build… Read more »
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Google has teamed up with NV Energy, an electric utility subsidiary of Warren Buffett-owned Berkshire Hathaway, in a groundbreaking deal that will see its Nevada data centres powered with cutting-edge geothermal electricity. Subject to regulatory approval by state utility regulators, the deal is set to nearly double the power output. This increase in carbon-free geothermal… Read more »
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AWS has revealed plans to set up an infrastructure region in Taiwan by early 2025 in light of the explosion in demand for cloud services in the Asia-Pacific. AWS has made investments in Taiwan since 2014. The latest network investment highlighted in its May 2022 statement on “Local Zones” was a second Local Zone in… Read more »
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Multinational computer technology firm, Oracle, has unveiled details of its latest financial performance, fueled by its commitment to cloud computing and AI. The company’s higher-than-expected bookings and major cloud partnerships reflect continued progress in its efforts to challenge industry leaders like Amazon, Microsoft, and Google. Among the notable announcements was Oracle’s cloud partnership with OpenAI,… Read more »
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Google has reached a significant milestone with the completion of its latest data centre and cloud region campus expansion in Singapore. This expansion brings the tech giant’s total investments in technical infrastructure in the country to a staggering US$5 billion, up from US$850 million in 2018. The company now employs over 500 people across its… Read more »
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Business Insider reports that Microsoft is now reportedly reducing staff in the Azure cloud computing division, joining the growing layoffs that have roiled the tech and media space this year. Teams such as Azure for Operators and Mission Engineering will face hefty job cuts: some insiders report as many as 1,500 redundancies in Azure for… Read more »
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Microsoft has announced an investment of 33.7 billion Swedish crowns, approximately $3.2 billion, to enhance its cloud and AI infrastructure in Sweden over the next two years, marking a major commitment in the region. This substantial investment also highlights the seriousness of Microsoft’s dedication to cloud computing and AI. One of the ways the tech… Read more »
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