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Why AWS, Google and Oracle are backing the Valkey Redis fork

TechCrunch · 1y ago

Why AWS, Google and Oracle are backing the Valkey Redis fork

The Linux Foundation will host Valkey, a fork of the Redis in-memory data store, after Redis Labs switched its licensing to a more restrictive Server Side Public License (SSPL). Valkey is backed by AWS, Google Cloud, Oracle, Ericsson, and Snap. The fork was expected after Redis Labs' licensing change, as it required commercial agreements for Redis-as-a-service, making it incompatible with the standard definition of open source. The Valkey community is working on a compatibility release, but it is unlikely to stay aligned with Redis in the long run.

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Oracle turns rivals into partners in pursuit of cloud ambitions

Livemint

Livemint · 9m ago

Oracle turns rivals into partners in pursuit of cloud ambitions

Oracle has partnered with Amazon Web Services (AWS) to offer its customers the option to use its flagship database software within the AWS cloud platform. The move is part of Oracle's strategy to build alliances with major cloud providers, including Microsoft Azure and Google Cloud, and cater to customers who want to use its databases in the cloud. Oracle will place its hardware inside AWS data centers to enable faster processing between the platforms. The partnership signifies a departure from previous rivalries between Oracle and AWS, as both companies seek to meet the evolving demands of the cloud and AI era.

Google’s first Africa cloud region now operational

TechCrunch · 1y ago

Google’s first Africa cloud region now operational

Google's first cloud region in Africa, located in Johannesburg, is now operational. The region will provide businesses with resources to scale, innovate, and compete in the global marketplace. Google also plans to build dedicated cloud interconnect sites in Nairobi, Lagos, and Cape Town to expand its cloud capabilities for customers in Africa. The South Africa cloud region is estimated to contribute over $2.1 billion to the country's GDP and create more than 40,000 jobs by 2030. Google joins other major cloud providers like AWS, Microsoft Azure, and Oracle in having cloud regions in South Africa.

Amazon Web Services to launch European sovereign cloud

Economic Times

Economic Times · 1y ago

Amazon Web Services to launch European sovereign cloud

Amazon Web Services (AWS) is launching a sovereign cloud in Europe, catering to government and highly regulated industries. This cloud service will store data on servers within the European Union, with exclusive control by EU-resident AWS employees. The move comes in response to the EU's stringent privacy and security legislation. AWS will first launch this service in Germany, then expand its availability to all European customers. Other major cloud providers like Microsoft and Oracle have also introduced cloud versions for European government clients.

Hyperscalers host EkStep digital public goods, build AI bot

Economic Times

Economic Times · 1y ago

Hyperscalers host EkStep digital public goods, build AI bot

Global hyperscalers AWS and Google Cloud are collaborating with Bengaluru-based non-profit EkStep Foundation to host its digital public goods (DPGs) on their Cloud platforms. AWS already hosts other projects such as Co-WIN and DigiLocker. DPGs are open-source software and content collections that can be used for building digital public infrastructure. The partnership aims to provide ready building blocks for countries to deliver services to their citizens. Google Cloud is also working on DPGs, starting with Sunbird RC and a virtual assistant. The collaboration will support the development of AI-based smart assistants for specific use cases.

Amazon to invest 15.7 billion euros in Spain

Economic Times

Economic Times · 1y ago

Amazon to invest 15.7 billion euros in Spain

Amazon's cloud computing division AWS is investing 15.7 billion euros to expand its data centers in Spain's Aragon region. The investment follows similar announcements in Germany and France this month. AWS initially planned to invest 2.5 billion euros in Aragon in 2021, but has now increased its commitment. The investment is expected to create around 17,500 indirect jobs in the region and highlights Spain's appeal as a strategic tech hub. While AWS currently dominates the cloud computing market with a 31% share, rivals Microsoft and Google are gaining ground.

Oracle, Apple, Google diverge on whether to keep serving TikTok

Economic Times

Economic Times · 5m ago

Oracle, Apple, Google diverge on whether to keep serving TikTok

Apple, Google, and Oracle have diverged in their responses to the US government’s national security concerns regarding TikTok. Oracle continues its cloud services for TikTok, benefiting from a longstanding business relationship, while Apple and Google removed TikTok from their app stores, citing legal risks. Oracle's close ties with Trump and significant revenue from TikTok influence its decision. Meanwhile, ByteDance, TikTok’s parent company, faces uncertainty over its future in the US, pending divestiture demands.

Race for AI isn't zero-sum, says Amazon cloud boss

Economic Times

Economic Times · 1y ago

Race for AI isn't zero-sum, says Amazon cloud boss

Amazon's cloud chief, Adam Selipsky, disagrees with critics who claim that Amazon is falling behind in the race to develop generative artificial intelligence (AI). Selipsky believes that there won't be a single model to dominate the field, and Amazon Web Services (AWS) already offers multiple AI models for different use cases. While competitors like Microsoft and Google are gaining ground in the cloud computing market, AWS continues to invest in AI innovations, such as its Trainium chips and Amazon Bedrock platform. Selipsky remains confident that Amazon will remain a leader in cloud computing. AWS customers and partners, including Nvidia and Pfizer, are already leveraging generative AI to improve productivity and customer interaction.

The All-In GenAI Gamble: Who Should Bet Big And Who Should Check?

Inc42 · 9m ago

The All-In GenAI Gamble: Who Should Bet Big And Who Should Check?

AI-related job postings on LinkedIn have significantly increased since November 2022, and funding for AI startups has also seen a substantial surge. Azure, Google Cloud, and AWS are the major players in the GenAI landscape, each facing their own set of challenges and varying levels of maturity. Despite the growth, only a small percentage of GenAI solutions are currently in production, and even fewer are integrated across different use cases.

Oracle and Microsoft in talks to take over TikTok under Trump administration plan: Report | Mint

Livemint

Livemint · 5m ago

Oracle and Microsoft in talks to take over TikTok under Trump administration plan: Report | Mint

The Trump administration is reportedly devising a plan involving Oracle and Microsoft to save TikTok, with ByteDance retaining a minority stake. This potential deal would allow American investors a majority stake, and Oracle would oversee TikTok's operations. The terms are still under negotiation, and ByteDance seeks at least $200 billion for the app. A meeting between White House and Oracle executives discussed the deal, aiming to minimize Chinese ownership while ensuring compliance with U.S. regulations.

Oracle’s missteps in cloud computing are paying dividends in AI

Livemint

Livemint · 9m ago

Oracle’s missteps in cloud computing are paying dividends in AI

Oracle has made a surprising comeback in the tech industry as a leading provider of cloud computing for AI developers. Despite being considered a dinosaur of the pre-cloud era, Oracle has positioned itself as a strong player in the cloud market, particularly in AI. Its late entry into the game has allowed it to build data centers specifically designed for AI development and training. Additionally, Oracle's partnerships with Microsoft, Google, and Amazon, as well as its relationships with AI startups, have contributed to its recent success. The company's AI business is expected to grow significantly in the coming years. However, there are concerns about the transitory nature of AI spending on Oracle's services.

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