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Market intelligence covers public developments that affect internet infrastructure, governance decisions, connectivity markets, digital capital flows, and operational risk. It connects reporting with related organisations, regional exposure, market context, evidence quality, operating dependencies, procurement pressure, competition, compliance, customer exposure, and service-continuity questions so readers can…
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Asia-Pacific Cloud Services Trends
Rebellions seek to become the first Korean startup AI chips company
OUR TAKE The global semiconductor industry has seen a surge in demand for AI chips, fuelled by the popularity of US start-up OpenAI’s ChatGPT.The establishment of Rebellions will be an important milestone for the South Korean chip industry, as Atom (the latest chip Rebellions…
Global Cloud Services Trends
RFCU cooperates with Sharetec for its core system update
OUR TAKE:This partnership signifies Regional’s commitment to modernizing its operations and enhancing services for members. Sharetec’s Velocity solution offers improved processes, security, and integration capabilities. The move follows a trend of credit unions leveraging fintech…
North America Cloud Services Trends
US tech sector cuts 50K jobs while AI field expands
Tech layoffs spike in 2024, with over 50,000 job losses; AI engineer salaries rise, averaging $190,000, signalling industry growth.
Asia-Pacific Cloud Services Trends
Apple pays $490M over CEO Cook’s false China sales comments
Apple settles $490M lawsuit alleging CEO misled investors on China performance, amidst 24% iPhone sales drop and Huawei’s 64% surge.
Global Datacenter Trends
African internet outage was caused by subsea cable break
MainOne, a major West African data centre provider, links recent internet outage to a submarine cable rupture, ruling out human involvement.
Asia-Pacific Cloud Services Trends
India removes approval requirement for AI model launches
India no longer requires stakeholders to obtain approval before rolling out or deploying AI models to users in the South Asian market.
Asia-Pacific Cloud Services Trends
China to build billion-dollar national computing network
China’s development plans indicate that it believes computing power has become a core productivity of the country.
Global Institutional Trends
Reddit receives FTC inquiry on AI-related deals ahead of IPO
Reddit said on Friday that the Federal Trade Commission sent a letter to the company about its data-licensing business related to the training of artificial intelligence systems. The inquiry The company said it had received the letter from the FTC on March 14. According to…
Asia-Pacific Cloud Services Trends
True IDC invests $280m in Thailand’s AI-ready data centres
True Internet Data Center Company Limited, known as True IDC, commits over 10 billion baht ($278 million) to expand its data centre and cloud services in Thailand. The investment, spanning 2024 to 2027, focuses on enhancing infrastructure, sustainability, and operational…
Asia-Pacific Cloud Services Trends
BDx Indonesia proudly joins NVIDIA’s AI cloud initiative
BDx Data Centers is proud to be associated with Indosat Ooredoo Hutchison and Lintasarta, its BDx Indonesia joint venture partners, in the historic collaboration with technology giant NVIDIA to propel Indonesia to the forefront of the global AI cloud community. As key players in…
Asia-Pacific Datacenter Trends
CtrlS to triple its data centre count to 25 by FY25
CtrlS Datacenters Ltd, the largest Rated-4 data centre provider in Asia, aims to triple its data centre count to approximately 25 by 2024-25. The company plans to expand its footprint by an additional 5 million square feet from the current 1.2 million square feet. As part of its…
Global Cloud Services Trends
Equinix and Private AI: Safeguard data, maximize control
Milind Wagle, CIO of Equinix: Learn how to leverage AI while safeguarding privacy and retaining control over your data While the advantages of AI are evident, enterprises require a cautious, strategic approach to reap those benefits without jeopardizing their valuable…
North America Cloud Services Trends
Blockchain Expo North America 2024: Latest in Web3, NFTs, crypto
The 8th Blockchain Expo North America, set for June 5–6, 2024, explores the latest advancements in web3, NFTs, cryptocurrency.
North America Cloud Services Trends
Mastercard trials enhanced subscription management in the US
Mastercard is piloting a subscription management system in the U.S. to offer clients enhanced control over subscription payments.
North America Cloud Services Trends
US-based spot bitcoin ETFs net inflows dropped by 80%
OUR TAKE:The recent decline in spot Bitcoin ETF inflows reflects investor caution amid market volatility, regulatory uncertainty, and macroeconomic factors. The fluctuating BTC price and anticipation of the Federal Open Market Committee meeting are likely influencing investor…
Global Cloud Services Trends
Tencent Launches Innovative AI Video Tool ‘Follow-Your-Click’
OUR TAKEUnlike ChatGPT, Tencent’s Follow-Your-Click combines images with simple text prompts that can be converted into short video clips with a single click.While other models require users to describe in detail how and where they want the image to move, Follow-Your-Click allows…
Asia-Pacific Cloud Services Trends
Chinese selfie app Meitu finds a new way while using artificial intelligence
OUR TAKEMeitu hailed the success of its refocus on artificial intelligence (AI) following a series of misfired bets ranging from cryptocurrencies to smartphones.This Hong Kong-listed company, which saw its profits surge 233% year on year to US$51.3 million and revenue grow nearly…
Europe and Middle East Cloud Services Trends
Levenue buys MidFunder to accelerate growth in Switzerland
Levenue, Europe’s largest revenue-based financing company, has acquired Zurich-based FinTech MidFunder, to accelerate its growth in Switzerland. Levenue acquires Switzerland financing company MidFunder Currently, Levenue is serving subscription-based companies in 16 Europe. The…
North America Cloud Services Trends
TikTok urges US users to call senators to vote no on TikTok ban
OUR TAKEThe demand for ByteDance to divest TikTok reflects heightened concerns over national security and data privacy, amid ongoing geopolitical tensions.This move shows the growing scrutiny and regulatory challenges faced by tech companies operating in global markets…
Latin America and Caribbean Cloud Services Trends
Meta wins appeal of the court order to stop using its name in Brazil
According to Reuters, Facebook-parent Meta, on Friday won an appeal overturning a previous court ruling that barred it from using its name in Brazil due to confusion with another company. The process The Barueri-based firm Meta Services, which registered its brand in the late…
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