Amazon’s AWS and Microsoft’s Azure Face EU Probe Into Cloud Power

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.

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.

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.

The European Union has announced a comprehensive plan to streamline digital regulations aimed at enhancing competitiveness in the artificial intelligence sector and supporting local tech companies. This initiative reflects the EU's commitment to fostering innovation and reducing bureaucratic hurdles for technology firms.

Teresa Ribera, the European Union’s competition chief, announced that regulators are reviewing a significant offer from Google aimed at addressing alleged antitrust violations related to its advertising technology business. This scrutiny follows a substantial fine of nearly €3 billion ($3.5 billion) imposed on Google for these violations.

French President Emmanuel Macron announced that Germany and France are seeking to postpone the implementation of certain provisions of the European Union's AI Act, which regulates high-risk artificial intelligence systems, by one year. This decision reflects concerns over the readiness and implications of such regulations on the technology sector.

Microsoft and NVIDIA have announced a joint investment of up to $15 billion in Anthropic, an AI safety and research company. This investment is part of a broader strategy to enhance the development of advanced AI technologies. Anthropic has also committed to purchasing $30 billion in Azure compute capacity, with the option for additional resources, indicating a significant partnership aimed at advancing AI capabilities while ensuring safety in deployment.

Microsoft Corp. and Nvidia Corp. are set to invest up to $15 billion in Anthropic PBC, a significant move that strengthens the AI developer's ties to two major competitors of OpenAI. This investment reflects the growing interest and competition in the artificial intelligence sector, as companies seek to enhance their capabilities and offerings in this rapidly evolving field.