A report from Good Jobs First has highlighted that several US states and local governments are not adhering to generally accepted accounting principles (GAAP) by neglecting to report revenue losses from datacenter tax breaks. This issue is becoming increasingly prominent…
A significant number of U.S. states fail to properly account for tax revenue lost to datacenter subsidies, says Good Jobs First. The non-profit organization highlights that many local governments are non-compliant with GAAP by not disclosing financial losses from these…
Orbital is planning an ambitious project to launch a 10,000-satellite network into space, but its success relies on dramatically reduced launch costs—something currently unfeasible. CEO Euwyn Poon admitted that while the theoretical benefits of orbital datacenters exist, today’s economics don’t…
Bloom Energy has expanded its partnership with Oracle to bolster energy supply for Oracle’s extensive US datacenter expansion, which will see up to 2.8 GW of Bloom’s fuel cell systems deployed. Oracle has already committed to 1.2 GW of this…
The rise of AI is placing immense pressure on network infrastructures, catching many businesses off guard. Despite scaling up compute resources for AI, neocloud providers are facing network bottlenecks. Analyst firm Omdia suggests enterprises scrutinize network capabilities alongside compute power…
Orbital, a tech startup, has unveiled an ambitious plan to deploy a massive array of 10,000 satellites to form a ‘neocloud’ infrastructure in outer space. This initiative could revolutionize data processing but currently faces significant economic hurdles. Speaking with industry…
In the Asia Pacific region, organizations are experiencing significant strides in cloud maturity alongside the burgeoning use of AI technologies. While cloud computing offers a robust base on which to develop operational models and AI services, it also raises challenges…
Organizations in Asia Pacific are quickly advancing their cloud infrastructure, integrating AI and GenAI for enhanced performance. Despite the foundational role of cloud computing in AI initiatives, cybersecurity and regulatory compliance remain challenges. CIOs are reevaluating their approach towards more…
Asia Overview Last Friday, China’s National Data Administration released a strategic blueprint for incorporating AI into education. The objective is to develop citizens’ skills to efficiently utilize technology. The proposal includes integrating AI lessons throughout all educational stages, including vocational…
In his annual letter to shareholders, Amazon CEO Andy Jassy unveiled key insights about the company’s burgeoning demands. He highlighted a notable potential for AWS’s chip sector to act independently, poised to rival giants with a projected annual turnover of…
/ Daily News…