AWS is allocating $100 million in Generative AI to compete with Microsoft and Google

Amazon’s cloud unit Amazon Web Services said yesterday that it is investing $100 million in a Generative Artificial Intelligence center to help firms use Generative AI. The announcement shows AWS recognizes the importance of the current moment in generative AI space and the significance of being in the talks, alongside competitors Microsoft and Google. AWS CEO Adam Selipsky…

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USA and India Set to Declare Multiple Deals Spanning AI, Defense, and Chips

The USA and India will announce multiple defense and technology collaborations during Indian Prime Minister Narendra Modi’s state visit to the USA as reported by the USA officials. Modi is on his maiden state visit to the USA. From deepening defense or military ties to increased collaboration on technology and diversification of supply chains, senior…

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EU Charges Google for Anti-competitive Practices in ADTech Business

The European Union charged Google for Anti-competitive practices in advertising technology (ADTech) and may seek the breakup of parts of its business to resolve the bloc’s concerns. The executive arm of the EU, the European Commission reached a primary conclusion that Google is dominant in the European Union market for publisher ad servers and also…

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Britain Announces $1.2 Billion of Support for Semiconductor Industry after US and EU

The UK recently announced up to £1 billion ($1.24 billion) of support for its semiconductor industry to give a push to its domestic chip-making abilities and prevent further disruptions to supply chain systems after the call for help from leaders at some of the country’s leading companies. The investment will be a part of a…

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