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
US passes bill that could ban TikTok despite resistance from Trump
The U.S. House passed a bill demanding ByteDance to divest TikTok within 165 days or face a ban, with uncertain prospects in the Senate.
North America Cloud Services Trends
US House overwhelmingly passes bill to force ByteDance to divest TikTok
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…
North America Cloud Services Trends
CoinShares acquires Valkyrie ETF business, expanding US market
CoinShares, specialising in digital assets, acquired Valkyrie funds, including the investment advisory arm and sponsor rights.
North America Cloud Services Trends
Pro-Khalistan protesters try to disrupt Indo-Canada business networking event.
OUR TAKEAlthough the pro-Khalistan elements tried to disrupt the event, the Royal Canadian Mounted Police along with the Edmonton Police Service blocked the protesters gathered outside.Pro-Khalistan has received multiple criminal charges in recent years, but they are still active…
North America Cloud Services Trends
Investor lawsuit against Binance reopens over crypto losses
On March 8, Binance’s alleged violation of US securities laws through the sale of unregistered tokens resurfaced.
North America Cloud Services Trends
Top tech news stories today: March 11, 2024
Bitcoin briefly rises to record high over $70,000, Binance must face revived investor lawsuit in US over crypto losses and other tech news.
North America Cloud Services Trends
Amazon will build data centre in Saudi Arabia with huge investment
Amazon Web Services' Saudi Arabia Region announcement is a cloud-sovereignty and infrastructure-capacity signal, not a generic corporate expansion item. AWS said on 4 March 2024 that it would launch an AWS infrastructure Region in Saudi Arabia in 2026 and invest more than $5.3…
North America Cloud Services Trends
Apple's iCloud class action turns backup restrictions into antitrust risk
Gamboa v. Apple turns iCloud backup design into an antitrust test. Consumers allege Apple blocks rival cloud services from offering a full device-backup substitute for iPhone and iPad users, leaving iCloud as the practical route for restricted backup files and paid storage…
North America Cloud Services Trends
US considering over $10 billion in subsidies for Intel
The Biden administration negotiates $10+ billion subsidies with Intel to boost semiconductor production, part of the CHIPS Act funding.
North America Cloud Services Trends
BlackRock Brazil launching BDR fund mirroring US BTC ETF
BlackRock launches a Bitcoin ETF in Brazil, aiming to mirror its U.S. success and mulls an Ether ETF, pending SEC approval.
North America Cloud Services Trends
Apple is in final contact with US Justice Department
Apple aims to dissuade US Justice Department from an antitrust lawsuit, amid ongoing scrutiny over alleged anti-competitive practices.
North America Cloud Services Trends
OpenAI says The NYT "hacked" ChatGPT, launching a lawsuit
OpenAI's February 2024 court filing turned The New York Times copyright case into a fight over evidence construction, not only training data. The Times had sued Microsoft and OpenAI in December 2023, alleging that generative AI systems used Times journalism without permission and…
North America Cloud Services Trends
Microsoft-Mistral partnership turns European AI into an Azure distribution test
Microsoft's February 2024 partnership with Mistral AI is best read as a cloud-distribution and model-choice signal, not as a simple investment headline. Microsoft put Mistral's premium models into the Azure AI route to enterprise customers while Mistral gained access to Azure AI…
North America Cloud Services Trends
AWS to invest $5 billion in cloud computing in Mexico
AWS Mexico plans to invest $5 billion+ in data centres due to rising cloud service demand, aligning with nearshoring trends.
North America Cloud Services Trends
The US military utilises AI technology in airstrikes in the Middle East
US defence officials confirm AI assistance in Middle East airstrikes, improving target identification, with human oversight for accuracy.
North America Cloud Services Trends
Trump’s shift on bitcoin sparks speculation of political trategy
At a recent televised townhall, Trump surprised many by praising bitcoin when asked about his views on the cryptocurrency. While he acknowledged the growing acceptance and use of bitcoin, he emphasized his preference for the U.S. dollar. This unexpected shift in Trump’s…
North America Cloud Services Trends
Texas Blockchain Council wins favorable ruling against energy regulators
In a case against multiple U.S. energy regulators, the Texas Blockchain Council (TBC) and Bitcoin mining company Riot Platforms secures wins.
North America Cloud Services Trends
Rivian, the US electric car maker, is cutting 10 per cent of workforce
Rivian Automotive announces a 10% layoff, concerning over electric vehicle sales, attributing stagnant production to economic uncertainties.
North America Cloud Services Trends
The US will relax pollution-limiting rules for vehicle emissions
The New York Times writes that labor leaders are pressing Biden to give them more time to unionize workers at new U.S. electric car plants. The union’s support is critical as Biden faces re-election in the face of a dire climate situation and attacks from candidate and former…
North America Cloud Services Trends
Microsoft to expand its AI infrastructure in Spain with $2.1 billion
New investment Microsoft will invest $2.1 billion over the next two years to expand its artificial intelligence (AI) and cloud infrastructure in Spain, Brad Smith, vice chairman and president of the US software giant, said in a post on the social media site X.The company has just…