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News on Medial
Amazon to build $1.3 billion top-secret cloud for Australia’s government
Livemint
·
1y ago
Medial
Amazon's cloud-computing arm, Amazon Web Services (AWS), has been awarded a contract to build a top-secret cloud for the Australian government. The project, which will be carried out in partnership with the Australian Signals Directorate (ASD), aims to enhance the country's ability to share and analyse information, as well as strengthen its defence communications. The investment, estimated at AUD 2 billion (USD 1.3 billion) over the next decade, will provide a collaborative space for intelligence and defence agencies to access and store classified data, while also enabling closer cooperation with the US and leveraging technologies like artificial intelligence and machine learning.
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Australia spy agency moves intelligence data to cloud in Amazon deal
Economic Times
·
1y ago
Medial
Australia has signed a A$2 billion deal with Amazon Web Services to transfer its top secret intelligence data to the cloud. The move aims to enhance defense force interoperability with the United States. The Australian Signals Directorate plans to utilize artificial intelligence for data analysis, while also ensuring ethical and well-governed use of AI tools. The shift involves constructing top secret data centers in Australia and using Amazon's cloud services for improved data resilience. Interoperability with security partners, particularly the US, is a key focus for Australia.
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Amazon to invest $1.3 billion in France, create 3,000 jobs
Economic Times
·
1y ago
Medial
Amazon has announced plans to invest over 1.2 billion euros ($1.3 billion) in its French operations and create 3,000 permanent jobs in the country. The investment will focus on expanding cloud infrastructure and logistics networks to support the growth of generative artificial intelligence in France. Amazon has already invested more than 20 billion euros in its French operations since 2010, and the new investment will further strengthen its presence in the country. Additionally, a portion of the funds will be used to enhance the company's logistics network for faster and more sustainable deliveries.
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Google fired an employee who protested its contract with the Israeli military
The Verge
·
1y ago
Medial
Google has fired an employee who protested the company's involvement in a $1.2 billion Israeli government contract during a presentation. The now-former Google Cloud engineer voiced concerns about the project, known as Project Nimbus, which provides cloud services to the Israeli military. The employee shouted, "I refuse to build technology that powers genocide or surveillance." Google confirmed the firing, stating that the employee violated company policies by disrupting an official event. The incident follows pushback from hundreds of Google and Amazon employees who signed an open letter opposing the contract, citing concerns about the surveillance of Palestinians.
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Amazon Web Services to invest $8.2 billion in Maharashtra by 2029-30: Ashwini Vaishnaw
Economic Times
·
5m ago
Medial
Amazon Web Services (AWS) plans to invest $8.2 billion in Maharashtra by 2029-30 to expand cloud computing capacity, as confirmed by Union Minister Ashwini Vaishnaw. This investment is forecasted to contribute $15.3 billion to India's GDP and create over 81,300 full-time jobs annually by 2030. A memorandum of understanding was exchanged between AWS and the Maharashtra Government. This investment aligns with AWS's broader $12.7 billion plan for India to meet the increasing demand for cloud and AI services.
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Amazon invests $2.75 billion in ChatGPT-rival Anthropic, takes total investment to $4 billion
Economic Times
·
1y ago
Medial
Amazon has announced an additional investment of $2.75 billion in AI start-up Anthropic, adding to its previous investment of $1.25 billion. This move solidifies Anthropic as Amazon's key AI partner and highlights the race among tech companies to develop advanced AI systems. The investment provides Anthropic with the financial support it needs to compete with companies like OpenAI and Google. Notably, Anthropic has also secured deals to build its AI using specialized chips designed by Amazon and to make its AI models available to customers of Amazon's cloud computing service.
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Amazon pumps in Rs 830 crore in its ‘Seller Services’ in India
Economic Times
·
1y ago
Medial
Amazon has infused Rs 830 crore ($112 million) into its Indian subsidiary, Amazon Seller Services. This investment follows Amazon's recent infusion of Rs 350 crore into Amazon Pay (India) Ltd. The move comes as Amazon continues to focus on investing in its cloud services arm, Amazon Web Services, in addition to its core e-commerce business. Amazon has previously announced plans to invest $15 billion in the Indian market by 2030. In a related development, Amazon has undergone a restructuring of its top management in India, with some executives being reassigned or relocated.
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Microsoft in talks to sign on Amazon as customer in $1 billion cloud tools deal: report
Economic Times
·
1y ago
Medial
According to a report, Microsoft is reportedly in talks with Amazon to sign a $1 billion cloud tools deal. Microsoft is looking to offer cloud-based tools and technologies to Amazon as its customer. This deal would be a strategic move for Microsoft to expand its presence in the cloud services market.
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Google Workers Protest Cloud Contract With Israel's Government
Wired
·
1y ago
Medial
Dozens of Google employees have started occupying company offices in New York City and Sunnyvale, California, in protest of the company's $1.2 billion contract providing cloud computing services to the Israeli government. The sit-in, organized by the activist group No Tech for Apartheid, aims to oppose Google's relationship with the Israeli government, particularly in light of the ongoing conflict in Gaza. The protest is accompanied by outdoor demonstrations at various Google offices. The coalition is demanding that Google and Amazon cancel their work on Project Nimbus, a joint cloud computing contract with branches of the Israeli government.
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Amazon made $1 billion through secret price raising algorithms: FTC
Economic Times
·
1y ago
Medial
The Federal Trade Commission (FTC) has accused Amazon of employing illegal strategies to maintain dominance in online retail while increasing prices for consumers and extracting more revenue from independent sellers. The FTC alleged that Amazon deliberately raised prices by over $1 billion using a secret algorithm called "Project Nessie." Amazon monitored sellers and penalized them for offering lower prices on other platforms. The lawsuit claims that Amazon wields monopoly power and uses anticompetitive strategies. Amazon defended its pricing tool, saying it stopped using Nessie several years ago.
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Amazon Web Services to provide US government agencies with up to $1 billion in savings - The Economic Times
Economic Times
·
2d ago
Medial
Amazon Web Services (AWS) has agreed to offer U.S. government agencies up to $1 billion in savings on cloud services, modernization, and training until 2028. This initiative aims to reduce IT costs, foster innovation, and advance AI development. AWS supports over 11,000 global government agencies, and this deal is part of efforts to modernize aging federal IT systems. It provides incentives to accelerate digital transformation and improve government service efficiency.
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