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SAP To Invest Over 20 Billion Euros In 'Sovereign Cloud'

3 months 4 weeks ago
SAP will invest over 20 billion euros ($23 billion) in European sovereign cloud infrastructure over the next decade. "Innovation and sovereignty cannot be two separate things -- it needs to come together," said Thomas Saueressig, SAP's board member tasked with leading customer services and delivery. CNBC reports: The company said it was expanding its sovereign cloud offerings to include an infrastructure-as-a-service (IaaS) platform enabling companies to access various computing services via its data center network. IaaS is a market dominated by players like Microsoft and Amazon. It will also roll out a new on-site option that allows customers to use SAP-operated infrastructure within their own data centers. The aim of the initiative is to ensure that customer data is stored within the European Union to maintain compliance with regional data protection regulations such as the General Data Protection Regulation, or GDPR. [...] Saueressig said that SAP is "closely" involved in the creation of the new AI gigafactories but would not be the lead partner for the initiative. He added that the company's more than 20-billion-euro investment in Europe's sovereign cloud capabilities will not alter the company's capital expenditure for the next year and has already been baked into its financial plans.

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OpenAI To Acquire Product Testing Startup Statsig, Appoints CTO of Applications

3 months 4 weeks ago
An anonymous reader quotes a report from Reuters: OpenAI said on Tuesday it will acquire Statsig in an all-stock deal valuing the product testing startup at about $1.1 billion based on OpenAI's current valuation of $300 billion. The ChatGPT maker will also appoint Statsig's chief executive officer, Vijaye Raji, as OpenAI's tech chief of applications, in a push to build on its artificial intelligence products amid strong competition from rivals. [...] In his role, Vijaye will head product engineering for ChatGPT and the company's coding agent, Codex, with responsibilities that span core systems and product lines including infrastructure, the company said. Statsig builds tools to help software developers test and flag new features. It raised $100 million in funding earlier this year. Once the acquisition is finalized, Statsig employees will work for OpenAI but will continue operating independently out of its Seattle office, OpenAI said. The move follows the acquisition of iPhone designer Jony Ive's startup, io Products, in a $6.5 billion deal to usher in "a new family of products" for the age of artificial general intelligence.

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Google Gets To Keep Chrome But Is Barred From Exclusive Search Deals, Judge Rules

3 months 4 weeks ago
A federal judge spared Google from the harshest penalties in its antitrust case. The search giant can keep Chrome and avoid breaking up Android, but it has been barred from exclusive contracts and ordered to limit data sharing with rivals. CNBC reports: U.S. District Judge Amit Mehta ruled against the most severe consequences that were proposed by the U.S. Department of Justice, including selling off its Chrome browser, which provides data that helps its advertising business deliver targeted ads. "Google will not be required to divest Chrome; nor will the court include a contingent divestiture of the Android operating system in the final judgment," the decision stated. "Plaintiffs overreached in seeking forced divesture of these key assets, which Google did not use to effect any illegal restraints." The company can make payments to preload products, but it cannot have exclusive contracts, the decision stated. The DOJ asked Google to stop the practice of "compelled syndication," which refers to the practice of making certain deals with companies to ensure its search engine remains the default choice in browsers and smartphones. [...] The judge ordered the parties to meet by September 10th for the final judgement. "Google will not be barred from making payments or offering other consideration to distribution partners for preloading or placement of Google Search, Chrome, or its GenAI products. Cutting off payments from Google almost certainly will impose substantial -- in some cases, crippling -- downstream harms to distribution partners, related markets, and consumers, which counsels against a broad payment ban." [...] Google said it will appeal the ruling, which would delay any potential penalties. Mehta ruled Tuesday that Google will have to make available certain search index data and user interaction data though "not ads data." The court narrowed the datasets Google will be required to share and said they must occur on "ordinary commercial terms that are consistent with Google's current syndication services."

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