Top tech news stories today: February 27, 2024

Top tech news stories today: February 27, 2024 is profiled by BTW Media because public-source evidence links it to internet infrastructure, governance, operational dependencies, or market visibility.

Kickstart your day with the latest in tech innovation. Today, leading tech giants like Google, Microsoft, and Amazon unveil major breakthroughs. Stay ahead of the curve and explore the next big thing in the ever-evolving tech world.

1. All in Bits to launch governance blockchain ahead of Cosmos Hub fork

Jae Kwon, the Cosmos co-founder, is leading All in Bits in the launch of GovGen blockchain and token, set to happen on February 27, before the anticipated Cosmos Hub AtomOne fork. (Cointelegraph)

2. AI and Web3 technologies innovate RWA insurance — Here’s how

Day By Day is a revolutionary Web3/AI-powered insurance platform poised to disrupt the insurance industry. By integrating NFTs and DeFi, it offers a decentralised global insurance platform, leveraging blockchain to enhance efficiency, transparency, and security. (Cointelegraph)

3. Amazon’s AWS to invest over $5 bln to boost cloud computing in Mexico

In a move to meet the rising demand for cloud services, Amazon Web Services Mexico (AWS) will invest over US$5 billion to establish a cluster of data centers in Queretaro, Mexico. (Business Times)

4. Qualcomm and Intel want to push AI out of the data center

Intel and Qualcomm shifted focus from centralised AI to edge computing, introducing new products for AI execution on smartphones. They advocate AI accessibility for network operators and consumers, challenging the dominance of cloud giants Amazon, Microsoft, and Google. (LightReading)

5. Chipmaker Broadcom sells remote-access unit to KKR in $4 billion deal

Broadcom is selling its end-user computing (EUC) unit to KKR for $4 billion, following last year’s $69 billion purchase of VMware. The EUC unit will operate independently under existing management. Both Broadcom and KKR shares rose nearly 1% on the news. (Reuters)

6. Long-time Biden aide Olivia Dalton to leave for Apple, sources say

Olivia Dalton, White House principal deputy press secretary and long-time Biden aide, will leave for a senior communications role at Apple in mid-March. She’s been deputy press secretary since August 2022. (Reuters)

7. Google aims to relaunch Gemini AI image tool in a few weeks

Google intends to revive its AI tool that crafts images of people, paused due to historical depiction inaccuracies, said Google DeepMind CEO Demis Hassabis. Gemini AI models, introduced by Alphabet’s Google, faced scrutiny for generating historically inaccurate images. The tool will be relaunched in the coming weeks with improvements. (Reuters)

8. Microsoft partners with OpenAI’s French rival Mistral

Microsoft is partnering with French startup Mistral AI to offer its AI models through Azure cloud services. This multi-year deal expands Microsoft’s AI portfolio beyond OpenAI. Microsoft will take a minority stake in Mistral as part of the partnership. (Reuters)