CLOUD UNIT
Australia spy agency moves intelligence data to cloud in Amazon deal Australia's A$2 billion deal with Amazon Web Services will shift top-secret intelligence data to the cloud, enhancing interoperability with U.S. military. Defence Minister Richard Marles noted resilience via distributed facilities and server redunda...
04 Jul, 2024, 09.44 AM ISTExplained: Why is France targeting Nvidia? France's antitrust regulator is set to charge Nvidia in relation to alleged anti-competitive practices. The move comes after dawn raids by French authorities in September last year, which sources said targeted Nvidia. The raids were the result of an...
03 Jul, 2024, 06.10 PM ISTAmazon crosses $2 trillion in stock market value for the first time Amazon.com Inc. crosses $2 trillion market value, influenced by AI applications and investments in AWS growth, Anthropic, and business-focused AI products like AI models and chatbot Q.
27 Jun, 2024, 08.48 AM IST- ADVERTISEMENT
Ecom Express’ rights issue; Google Cloud chief interview Ecom Express is planning a $170 million rights issue led by existing investors. This and more in today’s ETtech Top 5.
25 Jun, 2024, 07.26 PM ISTChinese AI firms woo OpenAI users as US company plans API restrictions ChatGPT maker OpenAI is planning to block access to technology used to build AI products for entities in China and some other countries, Chinese state-owned newspaper Securities Times reported on Tuesday.
25 Jun, 2024, 06.58 PM ISTUS probing China Telecom, China Mobile over internet, cloud risks The Biden administration is investigating China Mobile, China Telecom, and China Unicom over concerns they could misuse access to American data through their U.S. cloud and internet services by sharing it with Beijing. The Commerce Department is lea...
25 Jun, 2024, 07.22 AM ISTAmazon to invest extra 10 billion euros in Germany Amazon said Wednesday it will invest an additional 10 billion euros ($10.7 billion) in Germany, most of it in cloud computing, the US tech giant's latest major investment in Europe. A total of 8.8 billion euros will come from Amazon's cloud computin...
20 Jun, 2024, 07.53 AM ISTIce Age explained! New research unravels mystery of cosmic cloud. Details here Research proposed that an interstellar cloud impacted the solar system. The team is using modern models to measure the impact.
13 Jun, 2024, 08.03 PM ISTOracle gains as cloud infrastructure business gets AI boost If the gains hold, the company will add about $30 billion to its market valuation of $340 billion as of Tuesday market close. The shares have so far this year gained 18%.
12 Jun, 2024, 11.05 PM ISTOracle gains as cloud infrastructure business gets AI boost Oracle shares surged 9% on Wednesday due to high demand for its cost-effective cloud services for AI applications, potentially adding $28 billion to its $340 billion market value. The company's cloud unit aims to grow by offering affordable cloud co...
12 Jun, 2024, 06.22 PM ISTSAP aims to double embedded AI use cases to 100 by year-end: SAP CEO Klein was speaking at SAP’s annual conference Sapphire, where the company unveiled generative AI innovations and partnerships. Klein was speaking at SAP’s annual conference Sapphire, where the company unveiled generative AI innovations and partnersh...
05 Jun, 2024, 01.31 PM ISTGoogle cuts at least 100 jobs across its cloud unit: report Alphabet-owned Google is laying off at least 100 employees from several teams in its cloud unit, CNBC reported on Monday. Roles in sales, operations, engineering, consulting, and 'go to market' strategy were some of the positions cut.
04 Jun, 2024, 09.19 AM ISTMicrosoft to lay off about 1,500 employees at Azure cloud unit: report Microsoft is cutting hundreds of jobs at its Azure cloud unit, impacting teams like Azure for Operators and Mission Engineering, as reported by Business Insider.
04 Jun, 2024, 09.04 AM ISTMicrosoft to invest $3.2 billion in Swedish cloud, AI Microsoft will invest 33.7 billion Swedish crowns ($3.21 billion) to expand its cloud and artificial intelligence infrastructure in Sweden over a two-year period.
03 Jun, 2024, 01.36 PM ISTGoogle to invest $2 billion in data centre and cloud services in Malaysia Google announces $2 billion investment in Malaysia for its first data centre and cloud region, supporting the country's digital ambitions and AI capabilities to enhance local industry and global competitiveness.
30 May, 2024, 09.18 AM ISTAmazon in talks with Italy to invest billions in cloud plan Amazon's AWS in talks with Italy to invest billions in expanding data centre business, boosting cloud offer in Europe.
28 May, 2024, 08.23 AM ISTIt’ll take time to leverage full potential of GenAI: : TCS’ AI-Cloud biz head Siva Ganesan, head, TCS’ AI.Cloud business unit told ET that upskilling of the workforce, reimagining core business processes, focusing on return on investments and conforming to regulatory needs are some of the challenges that organisations face wi...
24 May, 2024, 07.46 AM ISTAmazon replaces cloud unit chief Adam Selipsky with veteran Matt Garman Senior Vice President Matt Garman will take on Selipsky's role at AWS, effective June 3, the firm said.
14 May, 2024, 07.29 PM ISTAkamai eyes edge computing units in three Indian cities In a move to expand its global compute business, cloud computing giant Akamai Technologies is eyeing Indian cities like Delhi, Bengaluru, and Hyderabad for potential edge computing facilities by the end of the year, according to their CEO Tom Leight...
07 May, 2024, 06.00 AM ISTTop companies back move to set up open cloud compute network People+ai, an initiative by EkStep Foundation co-founded by Nandan Nilekani, set out last year to address increasing compute demand in the country, which is increasing with AI.
26 Mar, 2024, 06.01 AM IST