AWS is allocating $100 million in Generative AI to compete with Microsoft and Google

Amazon’s cloud unit Amazon Web Services said yesterday that it is investing $100 million in a Generative Artificial Intelligence center to help firms use Generative AI. The announcement shows AWS recognizes the importance of the current moment in generative AI space and the significance of being in the talks, alongside competitors Microsoft and Google. AWS CEO Adam Selipsky…

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US Cyber Official Says, Aggressive China Cyberattacks are the Defining Threat of our time

The top U.S. cybersecurity official said that China’s cyber espionage and sabotage capacities are a defining threat. She warned, “In the event of open warfare, aggressive cyber operations from China would threaten critical USA transportation infrastructure to induce societal panic.” Cybersecurity and Infrastructure Security Agency Director Jen Easterly said, “I think this is the real…

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Cloud Business of Google Turns Profitable for the First time after Years of Heavy Investment

Google has been investing a lot of money into its cloud-computing business to compete with Microsoft and Amazon. Those high investments are ultimately turned into a profit. Alphabet said that Google’s cloud-computing business is profitable for the first time after years of heavy investment. According to Alphabet’s earnings statement, “The segment generated $191 million in operating income…

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White House Aims to Shift Cybersecurity Burden to Tech Providers

The White House announced its much-awaited National Cyber Strategy. It provides a road map for how the White House administration aims to defend the USA from an increasing number of online threats. A key element of the new strategy consists of shifting the cybersecurity burden from individuals, local governments, and small businesses to software developers,…

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