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Category: Cloud
AWS Disclose Plan to Invest $35 Billion in Virginia
Amazon.com Inc's cloud services division said Friday it plans to invest another $35 billion by 2040 to expand data centers in Virginia. Amazon Web Services (AWS) said the new investment will…
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Meta Put Construction of Two Data Centres in Denmark on Hold
Meta Platforms Inc has halted construction of two data centres in Odense, Denmark, and will instead focus on a new type of data centre used for artificial intelligence (AI), a spokesperson…
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Nvidia Confirms it is Working with Microsoft to Build Super Cloud Artificial Intelligent Computer
U.S. chip designer and computing firm Nvidia Corp on Wednesday said it is teaming up with Microsoft Corp to build a “massive” computer to handle intense artificial intelligence computing work in the…
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Alibaba Quarterly Revenue did not Meet Expectations as Spending Slows
Chinese e-commerce giant Alibaba Group Holding Ltd posted a low single-digit rise in quarterly revenue on Thursday, slightly below expectations, as COVID-19 curbs and a worsening economic outlook stifled consumer spending.…
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Google Expects to Pay Close to $400 Million to Settle U.S. Location Tracking Probe
Google’s Alphabet will pay $391.5 million to settle allegations by 40 states that the search and advertising giant illegally tracked users' locations, the Michigan attorney general's office said Monday. The…
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Advanced Micro Devices (AMD) Launches its Latest Data Center CPU
Advanced Micro Devices Inc (AMD.O) launched its latest data center chip on Thursday and said Microsoft Corp's (MSFT.O) Azure, Alphabet-owned (GOOGL.O) Google Cloud and Oracle Corp would be some of its customers. The fourth generation EPYC…
Read MoreAntitrust Lawsuit Claims Apple, Amazon Colluded to Raise Products Prices
In an antitrust lawsuit on Wednesday the complaint accuses apple and Amazon of conspiring to drive up iPhone and iPad prices by removing nearly all other resellers of new Apple…
Read MoreMeta to Cuts 11,000 Jobs as it Sinks More Money into the Metaverse
Meta Platforms Inc (META.O) said on Wednesday it would cut more than 11,000 jobs, or 13% of its workforce, as the Facebook parent doubled down on its risky metaverse bet amid a…
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Smart Homes are projected to reach $66,546 million in 2027
The ‘Global Smart Buildings Market Report 2022’ revealed that over 78% of new construction will involve smart building automation, the Internet of Things, and other building-related technologies in the next…
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