News
AWS Launches Independent European Cloud to Meet Sovereignty Requirements
6+ hour, 11+ min ago (376+ words) AWS has launched the AWS European Sovereign Cloud, an independent cloud located in the European Union and designed to help customers meet the EU's sovereignty requirements. The cloud is physically and logically separate from other AWS regions, and it features…...
Amazon Launches EU-Only Sovereign Cloud to Address Data Security Concerns
9+ hour, 8+ min ago (379+ words) Demand for such services has been rising across Europe as governments and businesses reassess their reliance on American technology firms. According to Reuters, concerns largely stem from U.S. legislation such as the Cloud Act, which can require U.S.-based companies to provide…...
Lawsuit Alleges Oracle Made Misleading Statements Around Debt Sale for AI Infrastructure
1+ day, 7+ hour ago (317+ words) The proposed class action lawsuit includes investors who bought $18 billion of notes and bonds issued by Oracle on Sept. 25, after the company announced two weeks earlier that it had gained a $300 billion, five-year contract to supply computing power to OpenAI,…...
Microsoft Spending on Anthropic Approaches $500 Million a Year
1+ day, 10+ hour ago (469+ words) Microsoft is reportedly upping its spending on Anthropic, chief rival to partner OpenAI. According to a report Wednesday (Jan. 14) by The Information, Microsoft has become one of Anthropic's top customers. The tech giant is now on track to spend around…...
Fiserv Teams With Microsoft to Expand AI Use
1+ week, 12+ hour ago (447+ words) This new collaboration is designed to further embed artificial intelligence (AI) into Fiserv's development platforms, while giving its workers greater access to the technology, the company said in a Thursday (Jan. 8)news release. "By embedding AI inside our workforce and…...
Alphabet Acquiring Data Center Firm Intersect
3+ week, 3+ day ago (305+ words) Google's parent company is set to acquire Intersect, a company providing data center and energy infrastructure solutions. The $4.75 billion deal is designed to allow more artificial intelligence (AI) data center and generation capacity to come online more quickly while accelerating…...
OpenAI 'Compute Margin' Doubles Over Nearly Two Years
3+ week, 4+ day ago (478+ words) OpenAI has reportedly seen better margins from its paid offerings this year. A report Sunday (Dec. 21) from The Information " also cited by Bloomberg News " says the artificial intelligence (AI) startup has improved on its "compute margin," an in-house metric for…...
Amazon Reorganization Combines AI, Silicon and Quantum Computing
4+ week, 1+ day ago (287+ words) Amazon has formed a new organization that will bring together its artificial intelligence (AI) models, silicon development and quantum computing. The new organization will be led by Peter DeSantis, who has been with Amazon for 27 years, most recently leading all…...
Amazon Eyes $10 Billion Investment and Chip Deal in OpenAI
4+ week, 1+ day ago (393+ words) Amazon is reportedly in discussions to invest around $10 billion in OpenAI. That investment could value the artificial intelligence startup at upwards of $500 billion, Reuters reported late Tuesday (Dec. 16), citing a source familiar with the matter. That source said the talks…...
Sony Says AWS-Powered AI Platform Processes 150,000 Inference Requests Per Day
1+ mon, 11+ hour ago (462+ words) Sony's internal enterprise artificial intelligence platform, which is powered by Amazon Web Services (AWS) AI services, is processing 150,000 inference requests per day and is expected to handle 300 times that amount in a few years. Employees across Sony's entire group of…...