🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
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.
View Source
Related News
Elon Musk's SpaceX making hundreds of spy satellites for US government: Report
Livemint
·
1y ago
Medial
Under a secret $1.8 billion contract, SpaceX is developing a network of spy satellites for a US intelligence agency. The project, called Starshield, aims to create a powerful spy system consisting of hundreds of low-Earth orbit satellites with Earth-imaging capabilities. The network will support US ground forces by tracking targets on the ground and providing data to military and intelligence officials. This development signals a deeper engagement with the Pentagon and reflects the intelligence community's confidence in SpaceX. The new spy satellite system could significantly improve the US government's ability to locate potential targets worldwide.
View Source
OpenAI signs surprise deal with Google Cloud despite fierce AI rivalry
Arstechnica
·
1m ago
Medial
OpenAI has signed an agreement with Google Cloud to use its infrastructure for artificial intelligence, signaling a shift from its exclusive reliance on Microsoft Azure. This deal marks OpenAI's strategy to diversify computing resources due to increasing demands for AI data centers. Despite intense AI competition between Google and OpenAI, the partnership highlights mutual benefits when competitors collaborate. Google aims to grow its cloud business and challenge Amazon and Microsoft by attracting AI startups with significant computational requirements.
View Source
Gurugram-based agency grants Monday off over World Cup loss
Livemint
·
1y ago
Medial
Gurgaon-based advertising company, Marketing Moves & MARKETING MOVES AGENCY, granted its employees a one-day leave after India's loss in the ICC Cricket World Cup 2023. The company's decision to offer this leave was seen as a morale booster and an opportunity for the employees to recover from the loss and return to work with renewed energy. The move was praised for prioritizing employee well-being and promoting a value-driven culture. Australia defeated India by 6 wickets in the final match.
View Source
Amazon Web Services plans data centre expansion in Hyderabad; eyes significant investment | Mint
Livemint
·
12m ago
Medial
Amazon Web Services (AWS) is planning to expand its data center operations in Telangana, India, to enhance AI offerings. Amazon has expressed interest in investing in expanding its data center facilities and workforce in Hyderabad, the capital of Telangana. The company already has a strong presence in Telangana, including its largest corporate building and operational data centers. With this expansion, Telangana aims to solidify its position as a leading hub for cloud and data center infrastructure in India. AWS provides various cloud business services, and this expansion will include a focus on artificial intelligence.
View Source
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.
View Source
North Korea broke into South Korean chip equipment firms: Seoul's spy agency
Economic Times
·
1y ago
Medial
North Korean hackers have targeted at least two South Korean chipmaking equipment manufacturers in an attempt to sidestep sanctions and develop their own semiconductors for weapons programs, according to South Korea's spy agency. The National Intelligence Service (NIS) warned that North Korea could engage in cyber attacks or spread fake news to interfere in upcoming elections. The NIS stated that the hackers gained access to company servers, stealing product design drawings and facility photographs. The agency believes that North Korea is preparing to produce its own semiconductors to overcome procurement difficulties caused by sanctions.
View Source
Microsoft to spend $3.2 billion in Australia as AI regulation looms
Economic Times
·
1y ago
Medial
Microsoft is set to invest $3.2 billion in Australia as the country prepares to introduce regulations on artificial intelligence (AI). The investment will focus on building data centers to support the growing demand for cloud services and AI capabilities. The move comes amid increasing concerns about the ethical and responsible use of AI technology, prompting governments around the world to develop regulatory frameworks.
View Source
North Korea broke into S. Korean chip equipment firms, Seoul's spy agency says
Reuters
·
1y ago
Medial
North Korea's hacking groups have targeted two South Korean manufacturers of chipmaking equipment, according to the South Korean spy agency. The National Intelligence Service revealed that the attacks occurred in December and February, with the hackers stealing product design drawings and facility photographs. The agency believes that North Korea is attempting to produce its own semiconductors to bypass sanctions, as well as meeting higher demand for its weapons programmes. The hackers used a technique called "living off the land" to evade security software detection. North Korea has previously denied involvement in cybercrimes.
View Source
Amazon to invest billions in Taiwan cloud infrastructure
Livemint
·
1y ago
Medial
Amazon is set to invest billions in Taiwan over the next 15 years to build data centers and meet the growing demand for cloud services in the region. Its cloud computing arm, Amazon Web Services (AWS), plans to launch an AWS infrastructure region in Taiwan by early 2025. This investment will allow organizations to leverage AWS technologies such as compute, storage, databases, analytics, machine learning, and artificial intelligence. This move follows AWS's recent expansion plans in Singapore and Japan, signaling the company's commitment to meeting the cloud service needs in Asia.
View Source
Amazon, built by retail, invests in its AI future
Livemint
·
1y ago
Medial
Amazon is planning to invest over $100 billion in data centers over the next decade, prioritizing its cloud computing and artificial intelligence (AI) infrastructure. The move reflects the company's recognition of the importance and high costs of AI in driving future growth. The increased investment in data centers is part of Amazon's shift towards an era where cutting-edge cloud equipment is more crucial for growth than expanding its network of retail warehouses. Amazon's cloud business, AWS, has consistently been a profitable area for the company, and AI is expected to further boost demand for its cloud computing services.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
