AMD Makes Strategic $333M Investment in Cloud GPU Provider Vultr
AMD and LuminArx Capital lead a major $333 million investment round in cloud infrastructure provider Vultr, valuing the company at $3.5 billion. The strategic move strengthens AMD's position in the AI cloud market while fueling Vultr's global expansion and GPU infrastructure growth.
Google's Project Nimbus: Internal Documents Expose Human Rights Concerns Over Israeli Cloud Contract
Internal documents reveal Google executives' significant concerns about potential human rights implications before signing a $1.2B cloud contract with Israel. Despite early warnings from legal and policy teams, Google proceeded with Project Nimbus, viewing it as strategic for future government contracts.
FTC Launches Major Antitrust Investigation into Microsoft's Cloud and AI Practices
The Federal Trade Commission has initiated a comprehensive antitrust probe into Microsoft, examining the tech giant's product bundling practices across cloud computing, AI, and cybersecurity. The investigation, launched under FTC Chair Lina Khan's leadership, comes amid competitor complaints about Microsoft's market dominance and licensing terms.
Growing Pains: Bluesky's Surging Popularity Triggers Platform-Wide Outages
Bluesky's exponential user growth led to widespread outages and performance issues, forcing the platform into read-only mode. The decentralized social network faces infrastructure challenges while users respond with humor reminiscent of Twitter's early 'Fail Whale' days.
Dropbox Slashes 20% of Workforce in Major Restructuring Effort
Dropbox announces layoffs of 528 employees amid challenges in its core business. CEO Drew Houston cites the need for a flatter structure and increased focus on AI technologies to compete in a rapidly evolving market.
Apple Unveils Private Cloud Compute Environment, Offering Bounties for Security Research
Apple opens its Private Cloud Compute system to researchers, providing a virtual environment for security analysis. The company also expands its bug bounty program, offering up to $1 million for uncovering vulnerabilities in its cloud-based AI processing.
Google Challenges Microsoft's Cloud Dominance with EU Antitrust Complaint
Google files a formal complaint with EU regulators, accusing Microsoft of anti-competitive practices in cloud computing. The dispute centers on Microsoft's bundling of cloud services with its dominant Office suite, potentially limiting market competition.