North America Cloud Services Trends
North America Cloud Services Trends
Cloud Service trend intelligence tracks cloud computing market trends, AI infrastructure demand, hybrid cloud adoption, edge deployment, platform competition, and data centre capacity pressure in North America, giving readers a fuller view of the demand shifts, capacity constraints, platform strategies, capital timing, regulatory pressure, and operating assumptions behind the market.
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North America Cloud Services Trends
Macquarie seeks to spend billions on Edotco
What happened: Macquarie bids for Axiata’s Edotco valued at $3.5 billion Macquarie Asset Management has made a bid for Edotco, Axiata Group’s tower infrastructure business, valued at approximately US$3.5 billion. Sources suggest that Axiata is currently considering the offer.…
North America Cloud Services Trends
Current raises $200M amidst rapid growth
What happened: Current secures $200M to drive innovation and growth Current, a U.S.-based consumer FinTech platform, has raised $200 million in new funding as it continues to experience rapid growth. The company reported a 90% increase in revenue this year, driven by the…
North America Cloud Services Trends
Ripple’s RLUSD stablecoin receives green light from NYDFS
What happened: Ripple gets NYDFS approval for RLUSD Ripple Labs has achieved a major regulatory milestone with the New York Department of Financial Services (NYDFS) granting final approval for the launch of its US dollar-backed stablecoin, RLUSD. This development was confirmed by…
North America Cloud Services Trends
Roger Ver: Tax evasion case or crypto suppression?
What happened: Roger Ver accuses US of targeting Bitcoin beliefs Roger Ver, widely known as “Bitcoin Jesus” for his early promotion of cryptocurrency, is contesting charges made against him by the United States Department of Justice (DOJ). Ver, who renounced his US citizenship in…
North America Cloud Services Trends
Nscale secures $155m in series A funding to enhance Al
What happened: Nscale boosts AI infrastructure funding AI hyperscaler Nscale has successfully raised $155 million in an oversubscribed Series A funding round, led by Sandton Capital Partners and supported by Kestrel, Bluesky Asset Management, and Florence Capital. This…
North America Cloud Services Trends
Google files lawsuit over CFPB regulatory supervision
What happened: Google Pay supervision sparks legal battle Google files lawsuit against the US Consumer Financial Protection Bureau (CFPB), contesting its plans to supervise Google Payment Corp., the arm of the company responsible for its payment services. The CFPB aims to…
North America Cloud Services Trends
US claims Chinese cyberattack targeted senior officials
What happened: Salt Typhoon cyber campaign targeted senior figures The U.S. believes a Chinese cyber espionage campaign, known as Salt Typhoon, targeted high-ranking American political figures, recording their telephone calls. Anne Neuberger, U.S. Deputy National Security Advisor…
North America Cloud Services Trends
Industry backs Rosenworcel’s call for more Replace Cash funding
What happened: Rosenworcel calls for more funding to fix Rip and Replace Cash program US telecoms industry representatives, particularly those from smaller carriers, have strongly backed FCC Chair Jessica Rosenworcel’s renewed call for additional funding for the Rip and Replace…
North America Cloud Services Trends
OpenAI partners with Anduril to advance military AI development
What happened: OpenAI and Anduril’s partnership on military AI OpenAI has announced a partnership with Anduril, a U.S.-based weapons and defense technology startup, to explore applications of artificial intelligence in military operations. Anduril, known for its innovative work…
North America Cloud Services Trends
Uptiq.AI acquires UpSwot to improve data integration
What happened: Uptiq.AI acquires financial data integration fintech UpSwot US-based Uptiq.AI has acquired financial data integration fintech UpSwot for an undisclosed sum. The acquisition will integrate UpSwot’s data capabilities into Uptiq.AI’s newly launched AI Workbench…
North America Cloud Services Trends
IPH Limited acquires Bereskin & Parr, expanding Canadian reach
Canadian footprint with Bereskin & Parr acquisition IPH Limited, a leading global provider of intellectual property (IP) services, has announced its acquisition of Canadian IP firm Bereskin & Parr. The acquisition strengthens IPH’s presence in Canada, as Bereskin & Parr will…
North America Cloud Services Trends
Intel’s $7.86B CHIPS Act funding comes with strict conditions
What happened Intel has secured $7.86 billion in funding under the United States CHIPS Act, but the deal comes with firm restrictions. The conditions, revealed in a recent filing, require Intel to retain at least 50.1% ownership and control of its foundry business if spun out as…
North America Cloud Services Trends
US security officials discuss Chinese cyber-espionage with telecom executives
What happened U.S. national security officials recently held a meeting with telecom executives to discuss the rising threats of Chinese cyber-espionage. This dialogue centers around allegations that Chinese cyber actors are targeting telecom infrastructures globally. The focus…
North America Cloud Services Trends
Nokia broadens partnership with Microsoft for Azure datacenter networks
Nokia's November 2024 expansion with Microsoft matters because it puts a named network supplier inside Azure's datacenter growth path for another five years. Nokia will supply datacenter routers and switches, including the 7250 IXR-10e platform and custom top-of-rack management…
North America Cloud Services Trends
Marathon’s bold bet: The future of bitcoin mining
What happened Marathon Digital, one of North America’s largest Bitcoin mining companies, announced on Thursday (November 21) that its goal to double its hash rate to 50 exahashes per second (EH/s) within the next 18 to 24 months. Marathon is making strategic moves, including an…
North America Cloud Services Trends
Navro gains FMSB approval to offer business money transfer services in Canada
What happened Navro has received registration from the Financial Services and Markets Bureau (FMSB), granting it the ability to provide regulated money transfer services to businesses in Canada. This registration marks a significant achievement for Navro as it officially enters…
North America Cloud Services Trends
Understanding the basics: What is a Type 2 hypervisor?
In today’s digital world, virtualization technology has become a powerful tool, allowing us to run multiple operating systems on a single computer. One of the key components in this technology is the hypervisor. Hypervisors are software layers that manage virtual machines (VMs)…
North America Cloud Services Trends
FTC targets Microsoft: Cloud monopoly in the spotlight
What happened The US Federal Trade Commission (FTC) is reportedly preparing to investigate Microsoft’s cloud computing business, as reported by multiple sources on Thursday (November 14). This move comes amid allegations of the company potentially abusing its market position in…
North America Cloud Services Trends
Top tech news today: November 18, 2024
1. US scales back cryptocurrency prosecutions The Manhattan US Attorney’s office plans to reduce cryptocurrency cases, reflecting a shift in enforcement priorities amid evolving market conditions. Source: Reuters 2. Top hedge funds embrace Bitcoin ETFs Millennium, Capula, and…
North America Cloud Services Trends
CFPB seeks to place Google under federal supervision
What happened The U.S. Consumer Financial Protection Bureau (CFPB) is reportedly looking to place Google under federal supervision. This decision is part of ongoing regulatory efforts to examine Google’s financial services operations. According to a report by The Washington Post…