Google’s video generator comes to more customers

Google’s video generator is coming to a few more customers — Google Cloud customers, to be precise. On Tuesday, Google announced that Veo, its AI model that can generate short video clips from images and prompts, will be available in private preview for customers using Vertex AI, Google Cl

AWS re:Invent 2024: What to expect and how to watch Amazon’s biggest event of the year

Amazon Web Services’ (AWS) biggest conference of the year has begun, and all signs point to it being an eventful one. AWS re:Invent 2024 kicked off in Las Vegas on Sunday, with sessions scheduled to run through December 6. A keynote address featuring AWS CEO Matt Garman marks the start of tod

Intel’s ex-CEO Pat Gelsinger set to net $10M in severance pay

Intel’s newly departed CEO Pat Gelsinger could be walking away with just over $10 million in severance pay. As per a filing with the Securities and Exchange Commission (SEC) today, Intel and Gelsinger entered into a “retirement and separation agreement” that will entitle the form

UK antitrust suit hits Microsoft with claim for $1.25B in cloud fees damages

Microsoft is in the crosshairs of a U.K. competition class action-style lawsuit that’s seeking £1 billion (around $1.25 billion at current exchange rates) in damages. It revolves around accusations related to fees the software giant charged businesses and other organizations for licensing Wi

AWS bets on liquid cooling for its AI servers

It’s AWS re:Invent 2024 this week, Amazon’s annual cloud computing extravaganza in Las Vegas, and as is tradition, the company has so much to announce, it can’t fit everything into its five (!) keynotes. Ahead of the show’s official opening, AWS on Monday detailed a number o

Cloud security specialist Upwind confirms it raised $100M at a $900M valuation

In November, technewss broke the news that cybersecurity startup Upwind was getting a lot of inbound interest to raise money on a big valuation. Now, we can confirm that the deal is done: Upwind has closed a Series A round of $100 million. The round values it at $900 million post-money.  Craft V

AWS opens physical outlets that let customers upload their data

At its re:Invent 2024 conference in Las Vegas, Amazon on Sunday announced a somewhat unusual new service for Amazon Web Services (AWS) customers: Data Transfer Terminal, a set of physical locations where customers can plug in their storage devices to upload data to the AWS cloud. So how does it wo

AWS wants to make your call center interactions less painful

Slowly but surely, Amazon’s AWS cloud computing unit has become a major player in the call/contact center space with its Amazon Connect cloud-based (and AI-centric) contact center service, which launched back in 2017. Today, companies like Air Canada, Dish Network, and U.S. Bank use the platf

AWS launches an incident response service to combat cybersecurity threats

Companies often struggle with how to respond to cybersecurity incidents. According to one recent poll, only three out of five organizations have an incident response plan in place, and only around a third do regular drills to ensure that their plans remain effective. The consequences of poor incid

Meta plans to build a $10B subsea cable spanning the world, sources say

Meta, the parent of Facebook, Instagram, and WhatsApp, is the second-biggest driver of internet usage globally. Its properties — and their billions of users — account for 10% of all fixed and 22% of all mobile traffic. Meta's investments into artificial intelligence stand to boost that usag

As Cohere and Writer mine the ‘Live AI’ arena, Pathway joins the pack with a $10M round

As large enterprises grapple with how to incorporate AI into their platforms and processes, they have encountered a problem: Generative AI needs to have memory and its training data must be constantly updated for it to have any practical use. This area is now called “Live AI,” and a num

Amazon Japan raided by anti-monopoly authorities

Amazon Japan has said it will collaborate with Japan Fair Trade Commission (JFTC) after the watchdog conducted an on-site inspection related to suspected violations of anti-monopoly laws. The e-commerce giant is under suspicion of inappropriately urging vendors to lower their prices on its online

Inflection AI CEO says it’s done trying to make next-generation AI models

Just last year, Inflection AI was as hot as a startup could be, releasing best-in-class AI models it claimed could outperform technology from OpenAI, Meta, and Google. That’s a stark contrast compared to today, as Inflection’s new CEO tells technewss that his startup is simply no longe

Volta, a Shopify for B2B transactions, raises biggest pre-seed round of Italy

Volta, a new startup with a team split between two headquarters in Milan and Paris, has secured a €6 million pre-seed round ($6.3 million) to develop a new vertical software-as-a-service platform focused on B2B sales. In more practical terms, the Volta team pitches its product as an equivalent t