The EU Commission opens an investigation into AWS and Azure to determine whether they should fall under the DMA and says they "occupy very strong positions" (Samuel Stolton/Bloomberg)

Recent significant outages were reported by major public cloud providers, including GCP, AWS, and Azure. These incidents have prompted many organizations to consider multi-cloud strategies to mitigate the risk of downtime. A critical aspect of managing multiple cloud services is Identity and Access Management (IAM), which controls user access and actions across different platforms.

Yann LeCun, a prominent artificial intelligence researcher at Meta Platforms Inc., has announced his departure from the company at the end of 2025. He plans to establish a new startup focused on advancing machine intelligence research, with Meta remaining as a partner in this endeavor.

Citadel Securities LLC has initiated trading for two baskets of corporate bonds from major tech companies including Microsoft Corp., Amazon.com Inc., Alphabet Inc., and Meta Platforms Inc. This move comes as investors seek more liquid options to engage in substantial investments in artificial intelligence.

Elon Musk announced that his artificial intelligence startup, xAI, plans to develop a 500 megawatt data center in Saudi Arabia in collaboration with the state-backed AI startup Humain. The data center will utilize Nvidia chips, marking a significant investment in the region's AI infrastructure.

Alphabet Inc. shares increased by as much as 6.9% on Wednesday, marking the largest gain since early September. This surge in stock price follows a series of positive reviews for the company's latest AI model, Gemini 3, which has been praised for its advancements in coding and reasoning capabilities.

Microsoft, Nvidia, and Anthropic have entered into a multibillion-dollar partnership to enhance artificial intelligence capabilities. This collaboration will scale Anthropic's AI model, Claude, on Microsoft's Azure platform using Nvidia's chips, making advanced AI technologies more accessible to enterprises.

South Korea's antitrust regulator visited the Seoul offices of Arm Holdings Plc this week as part of an ongoing investigation into the company's licensing practices. This scrutiny follows a complaint made by Qualcomm regarding Arm's operations.

Lloyds Banking Group Plc has agreed to acquire the UK fintech startup Curve, known for its digital wallet services, in a deal valued at £120 million. The acquisition is expected to close in the first half of 2026, as reported by Sky News. This move is part of Lloyds' strategy to enhance its digital offerings and compete with emerging challenger banks.