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Microsoft has opened its largest data center hub in Hyderabad, India, as the tech giant accelerates its investment in the region's burgeoning artificial intelligence market. The facility marks the company's fourth cloud region in India and reflects mounting competition from rivals.
Microsoft has committed billions to expanding Mistral's computing infrastructure across Europe, integrating the French AI startup's models into Azure services and offering enterprises a sovereign alternative to U.S. technology.
Meta Platforms is negotiating a potential $10 billion computing lease with Anthropic over two years, signalling the social media giant's pivot toward cloud infrastructure revenues and competition with emerging data centre operators.
CoreWeave, a major AI cloud provider, is investigating financial derivatives to shield itself from future drops in memory and storage chip prices, reflecting growing exposure among tech firms to semiconductor market volatility.
Singapore's Land Authority disclosed a cybersecurity incident exposing personal data of approximately 70,000 residents, including identity card numbers and addresses, in an IBM-managed cloud testing environment separate from live systems.