Starlink and Amazon cleared to bid for EU mobile satellite spectrum starting 2027

The EU's spectrum allocation strategy aims to balance regional autonomy with global competition, impacting satellite service dynamics and investments. The post Starlink and Amazon now eligible to bid for EU mobile satellite spectrum appeared first on Crypto Briefing.

Snowflake has signed a new, enormous five-year deal with Amazon to secure chips for AI usage. Nvidia is once again being put on notice.

Draft strategy marks shift from regulating Big Tech to favouring European services

Amazon's AI tech licensing to retailers could reshape retail dynamics, enhancing customer experiences and operational efficiencies industry-wide. The post Amazon licenses AI shopping technology to retailers, signs Kate Spade parent Tapestry as early adopter appeared first on Crypto Briefing.

Amazon's AI tech licensing to retailers could reshape retail dynamics, enhancing customer experiences and operational efficiencies industry-wide. The post Amazon licenses AI shopping technology to retailers, signs Kate Spade parent Tapestry as early adopter appeared first on Crypto Briefing.

Apple has spent billions of dollars to develop satellite connectivity for iPhone; I very much doubt it did so solely to rescue stranded hikers. The company will most certainly have had a bigger prize in its sights when it first began working with GlobalStar (now owned by Amazon). The most logical reason to invest in satellite coverage for its devices is the most obvious — to provide network infrastructure for new breeds of device and new service models. You don’t acquire access to massive amounts of bandwidth for nothing. And Apple’s steady introduction of new satellite-supported services shows it is interested in introducing these services, even though the offer isn’t extensive enough yet to require iPhone users to pay for access, yet. The decision not to charge for those satellite services suggests they’re just the thin end of the company’s plans for satellite deployment. It’s possible the company’s ambitions were limited by GlobalStar’s ability to put satellite constellations in orb

The EU's strategic tech policies could reshape global market dynamics, challenging US and Chinese dominance while boosting European industries. The post European leaders debate curbing Big Tech access to EU cloud tenders and satellite spectrum appeared first on Crypto Briefing.

Tech companies seem to be falling over each other these days in firing people to either replace them with AI or to pay to build AI infrastructure. Wouldn’t it be nice if they at least waited until AI actually worked for business? On the one hand, top tech businesses such as Amazon, Block, Cisco, Cloudflare, and Meta have all announced that they’re slashing payrolls — either because AI can do the same work as people or they need the cash to build out their AI infrastructure. Isn’t that great? All together, of the 37,638 tech job cuts so far this year, 47.9% — almost half —  can be tracked back to AI.  On the other hand, despite all the AI hype and hysteria, no one has yet proven that AI is, generally speaking, really all that helpful for businesses. Oh, I know, I know. You did great things with OpenClaw vibe programming. Microsoft’s CEO, Satya Nadella, claims 20% to 30% of the company’s code was written by AI. And Nvidia assures us that 88% of its surveyed customers report AI has increa