Amazon has announced a further $13 billion investment in India’s AI and cloud infrastructure, bringing its total committed spending in the country to $48 billion. The announcement was made following a meeting between CEO Andy Jassy and Prime Minister Narendra Modi in New Delhi, and will fund the expansion of Amazon Web Services data centre […]
Following a seven-month investigation, the European Commission has reached a preliminary decision that Amazon’s and Microsoft’s cloud platforms — AWS and Azure, respectively — should be classified as “gatekeepers” under the EU’s Digital Markets Act (DMA), Reuters reports.
The DMA, also known as the Digital Markets Regulation, aims to limit the market power of dominant players. For cloud services, this would entail, among other things, requirements for increased interoperability and data portability, as well as restrictions on how these services might favor their own products and services.
The Commission pointed, among other things, to AWS and Azure’s large market shares, extensive investments, large customer bases, and high costs for customers who wish to switch providers.
If the decision is approved, the companies would be subject to the same type of regulations that apply to several of the largest technology platforms. Both Amazon and Microsoft were critical of the assessment. Amaz
The sanctions on SBL Energy could strain US-India relations, impacting defense collaborations and India's self-reliance initiatives.
The post US sanctions India-based firm SBL Energy appeared first on Crypto Briefing.
The U.S. Department of Justice says it has struck at the technical backbone supporting large-scale cryptocurrency money laundering operations. The DOJ has announced the seizure of a cloud computing account used by subsidiaries of Cambodia-based Huione Group. The agency says the account hosted backend infrastructure for services allegedly assisting in the transfer of proceeds from […]
The post DOJ Seizes Huione Group Cloud Infrastructure in Major Crypto Laundering Crackdown appeared first on The Daily Hodl.
Technical sales teams operate in a fundamentally different environment than most B2B sales organizations. Whether selling DevOps platforms, cybersecurity products, developer tools, cloud infrastructure, data platforms, or AI software, revenue teams face buying processes that are longer, more complex, and significantly more technical than traditional software sales motions. The challenge...
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Backed by a ₹1,058-crore government grant, the IIT Bombay-led consortium has built its first model from scratch, but experts warn a severe deep tech talent deficit could stall broader industry progress.
The advent of generative AI among mainstream businesses has sparked the creation of homegrown legal AI startups such as Lucio, as well as global ones such as Sweden-based Legora, and Harvey itself.
