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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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Vaulted Deep lands $32M to tackle carbon waste with new tech

North America Cloud Services Trends

Vaulted Deep lands $32M to tackle carbon waste with new tech

What happened U.S. climate tech startup Vaulted Deep announced on Thursday, November 14, that it has raised $32 million in venture capital. The company and its investors stated that the new funding will help Vaulted Deep scale its operations. The company locks away carbon that…

Nov 15, 2024
The carbon footprint of digital technology: From streaming to cloud storage

North America Cloud Services Trends

The carbon footprint of digital technology: From streaming to cloud storage

Streaming services, cloud storage, and online communication have made us more connected than ever. Yet, as we embrace a fully digital world, we must consider the environmental impact of our online activities. While digital technology offers many conveniences, it also adds…

Nov 15, 2024
Pony AI seeks up to $4.48B valuation in US IPO

North America Cloud Services Trends

Pony AI seeks up to $4.48B valuation in US IPO

What happened Pony AI said Thursday that it is aiming for a valuation of up to US$4.48 billion (RMB 20.11 billion) in its US IPO as the Chinese self-driving company proceeds with its long-sought plan for a New York listing. In order to generate up to US$195 million, Pony, which…

Nov 15, 2024
Amazon faces ban on anti-union meetings after US labour ruling

North America Cloud Services Trends

Amazon faces ban on anti-union meetings after US labour ruling

What happened The U.S. National Labour Relations Board (NLRB) ruled on Wednesday that Amazon made unlawful promises and threats during mandatory meetings to discourage unionisation at its Staten Island warehouse. The ruling also bans employers from holding such “captive audience”…

Nov 14, 2024
Bluesky adds 1.25M of X-fleeing users after election

North America Cloud Services Trends

Bluesky adds 1.25M of X-fleeing users after election

What happened Over 700,000 new users have joined the social media platform Bluesky in the week following the US election as users try to avoid inflammatory posts and false information on X. According to the company, the migration, which is mostly from North America and the UK…

Nov 14, 2024
Sexism in ChatGPT: How does AI’s hidden bias impact us?

North America Cloud Services Trends

Sexism in ChatGPT: How does AI’s hidden bias impact us?

Amazon developed an AI tool in 2014 to screen job candidates, aiming to simplify the hiring process using AI. However, the company soon discovered that the AI recruitment system tended to rate female candidates lower, especially for technical positions. Amazon’s testing of the…

Nov 14, 2024
Chinese hackers target U.S. telecoms and steal confidential wiretap data

North America Cloud Services Trends

Chinese hackers target U.S. telecoms and steal confidential wiretap data

What happened Federal investigators confirmed on Wednesday that Chinese hackers breached multiple telecom providers, stealing sensitive data related to lawful wiretaps. This marks a significant counterintelligence failure. The FBI and CISA disclosed that the hackers also…

Nov 14, 2024
European search engines Ecosia and Qwant partner to counter US Big Tech

North America Cloud Services Trends

European search engines Ecosia and Qwant partner to counter US Big Tech

What happened Two Google rival search engines, Ecosia and Qwant, launched a collaboration on Tuesday to create a European search index and lessen their reliance on US Big Tech companies. The European Search Perspective, or EUSP, is a joint venture between the two internet search…

Nov 12, 2024
Why Trump’s win is driving Tesla shares to new highs

North America Cloud Services Trends

Why Trump’s win is driving Tesla shares to new highs

What happened Tesla’s stock is riding a powerful wave of investor interest, surging to its highest level since April 2022 following Donald Trump’s win in the recent U.S. presidential election. Investors are not only snapping up Tesla shares but are heavily focused on bullish…

Nov 12, 2024
U.S. imposes new export restrictions on TSMC’s AI chips

North America Cloud Services Trends

U.S. imposes new export restrictions on TSMC’s AI chips

—————————— What happened The U.S. has ordered TSMC to halt shipments of advanced chips used in AI to Chinese customers. The Department of Commerce imposed export restrictions on chips with 7 nm or more advanced designs, which power AI accelerators and GPUs. This follows TSMC’s…

Nov 11, 2024
How Rivian’s new batteries will cut EV costs

North America Cloud Services Trends

How Rivian’s new batteries will cut EV costs

__________________ What happened Rivian announced its R2 SUV will use batteries made in Arizona by LG Energy Solution, shifting from South Korean production to meet IRA requirements. The Inflation Reduction Act (IRA) encourages US battery production for tax credits, a move…

Nov 11, 2024
Top tech news today: November 7, 2024

North America Cloud Services Trends

Top tech news today: November 7, 2024

Top tech news today: Bitcoin reaches new record as Trump wins the US election, SpaceX plans sixth Starship launch, and Tesla faces Musk tweet trial decision. 1. Bitcoin hits record high amid Trump speculation Bitcoin reaches a new peak as traders speculate on a possible Trump…

Nov 7, 2024
Top tech news today: November 4, 2024

North America Cloud Services Trends

Top tech news today: November 4, 2024

Top tech news today: Crypto ETF inflows rise before U.S. elections, Nvidia seeks EU approval for Run.AI buyout, and Disney unveils an AI and AR business unit. 1. Crypto ETFs see big inflows pre-election Crypto ETFs are attracting investors in anticipation of increased volatility…

Nov 4, 2024
Bitcoin reaches $70K for the first time in months as election and earnings loom

North America Cloud Services Trends

Bitcoin reaches $70K for the first time in months as election and earnings loom

What happened Bitcoin briefly surged past $70K as investors anticipated MicroStrategy‘s results and the upcoming U.S. presidential election. Coin Metrics reported a 3% price increase, reaching $69,925.00, with a peak of $70,207.02 on Monday around 6:00 p.m. Eastern, followed by…

Oct 29, 2024
Broadband providers invest $94.7B to strengthen networks for AI-driven growth

North America Cloud Services Trends

Broadband providers invest $94.7B to strengthen networks for AI-driven growth

What happened USTelecom reported that the US broadband industry invested $94.7B in communication infrastructure in 2023 for AI-driven growth. The investments were the second biggest in 22 years, trailing only 2022’s $102.4, and were more than 23% higher than the historic yearly…

Oct 29, 2024
Almost human: How close are we to perfecting humanoid AI?

North America Cloud Services Trends

Almost human: How close are we to perfecting humanoid AI?

Explore the latest breakthroughs in humanoid AI and the companies leading the charge toward a future where machines think and feel like us!

Oct 29, 2024
Microsoft warns of Iranian hacker group targeting election sites

North America Cloud Services Trends

Microsoft warns of Iranian hacker group targeting election sites

As the U.S. gears up for its elections, concerns about cyber threats have escalated, particularly from the Iranian hacker group known as Cotton Sandstorm. According to a recent blog post by Microsoft, this group, which is associated with Iran’s Islamic Revolutionary Guard Corps…

Oct 24, 2024
Juniper Networks assists the NRK in its digital transformation

North America Cloud Services Trends

Juniper Networks assists the NRK in its digital transformation

What happened NRK has chosen Juniper Networks as its IP-based broadcasting infrastructure provider to support its digital transformation. NRK’s Chief Technology Officer and Chief Product Officer, Pål Nedregotten, stated: “NRK’s production network is crucial for us to create…

Oct 23, 2024
SAP stock hits record as cloud and AI demand surge

North America Cloud Services Trends

SAP stock hits record as cloud and AI demand surge

SAP’s U.S.-listed shares have reached a record high, following the company’s strong third-quarter earnings report, which surpassed analysts’ expectations. The German software giant, best known for its enterprise resource planning (ERP) solutions, is experiencing a surge in demand…

Oct 23, 2024
Google wins temporary pause on Play Store changes amid Epic Games lawsuit

North America Cloud Services Trends

Google wins temporary pause on Play Store changes amid Epic Games lawsuit

What happened A California federal judge has granted Google a temporary halt on a previous ruling that ordered the company to overhaul its Android Play Store by November 1. The decision, made by U.S. District Judge James Donato, comes in response to an antitrust lawsuit filed by…

Oct 21, 2024