AWS plans to substantially enhance its support for startups utilising its cloud infrastructure in response to escalating competition in the AI services sector, particularly from Microsoft. According to CNBC, AWS will double the value of credits offered to certain startups through its Activate program. Starting this July, startups that have recently secured Series A funding… Read more »
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 »
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 »
The European Commission is back to breathing down the neck of Microsoft, the latest big tech firm accused of once again breaking the European Union (EU) antitrust law. Brussels has accused Microsoft of anti-competitive conduct by bundling its Teams app with the Office suite in what is thought to be the first antitrust charges made against… Read more »
In a surge of activism highlighting the moral quagmire inside big tech, students and workers at Google and Amazon are coming together to protest their employers for becoming embroiled in a $1.2 billion dollar surveillance system development project for the Israeli government dubbed Project Nimbus. The project – which is believed to have included top-tier… Read more »
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 »
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 »
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 »
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 »
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 »