Newsletter: Signs of the Tech Revolution #11
The cloud is the default foundation for many. 94% of enterprises use cloud services, and another 90% have already moved key operations to the cloud, seeking more flexibility and efficiency.
But despite its widespread use, many businesses are hitting roadblocks in their cloud adoption. On top of that, companies are now facing pressure to adopt AI, which thrives in the cloud. AI tools, from chatbots to predictive systems, need massive computing power and storage—something traditional on-site servers can’t handle. The cloud is essential for scaling AI solutions but so is energy.
Even yesterday, leaders at OpenAI, Anthropic, Nvidia, Microsoft, Google, and several American power and utility companies met at the White House to discuss the future of AI energy infrastructure in the U.S.
Research from Goldman Sachs shows that cloud computing sales are expected to rise to $2 trillion by the end of the decade. Generative AI could constitute $200 billion to $300 billion of that.
Yet, without a clear cloud strategy, businesses risk falling behind.
Companies that fully embrace the cloud will be able to adopt AI more effectively, innovate faster, and stay competitive without the need to increase headcount. Those who hesitate risk losing out. Now is the time to streamline cloud strategies and push forward. The future is here, and it’s powered by the cloud.
In this newsletter:
- AI Voice Replicas
- $10 bln chip project in India
- Oracle’s unexpected growth
- Where Nvidia’s AI chips are cheaper
- The battle to ban screens from school
- AWS plans to invest £8 billion in the UK
- Facebook scraping every Australian data to train AI
- Bill Gates’s view on AI, misinformation, and climate change
- and more...
News #1: AWS plans to invest £8 billion in the UK
Amazon Web Services (AWS) is set to invest £8.8 billion in the UK by 2030, a testament to their commitment to boosting the UK’s digital infrastructure. This initiative is expected to create new jobs and support economic growth while solidifying AWS’s presence in the region.
The investment will enhance AWS’s data centers and cloud infrastructure, enabling enhanced cloud services for businesses across different sectors. The substantial investment by AWS aligns with the UK’s vision for digital transformation and underscores the crucial role of cloud services in modern business strategies.
News #2: Audible to Start Generating AI Voice Replicas
Audible is embarking on a journey by integrating AI to create voice replicas of select audiobook narrators. This new venture aims to cut down production costs and time while also retaining the unique voices that listeners love.
The AI technology will replicate the narrators’ voices to maintain the essence of the original storytelling. Furthermore, Audible assures that this move won’t replace human narrators but rather aid in enhancing the user experience, offering a wider variety of content more swiftly.
News #3: Facebook scraping every Australian adult’s data to train AI
Facebook is using publicly available data and photos to train Meta’s AI systems. This move aims to enhance the company’s generative AI capabilities, crucial for staying competitive in the tech landscape.
In June, users in the European Union and the United States were notified that the platform would use their data to train its generative AI products, but the users also received an option to opt out. Such opt-out options were not offered to Australians.
As AI continues to evolve, alignment with ethical standards will be essential for sustaining a good brand image.
News #4: The battle to ban screens from school
Many parents are now choosing to opt their children out of screen use at schools, driven by growing concerns about the potential negative impacts of prolonged screen time on kids’ health and development. They worry that excessive reliance on digital tools can hinder emotional and cognitive growth, making hands-on learning experiences increasingly valuable.
Schools, on the other hand, show resistance, citing the necessity of tech skills in modern education. However, the parental pushback highlights a need for educational institutions to balance technology use with traditional learning methods. Some schools are responding by offering more screen-free activities and alternatives, aiming to provide a more holistic educational environment.
Other News
- “The ability to work well with AI and take advantage of it is now more important than understanding Excel or the internet,” Bill Gates About AI, Misinformation and Climate Change - Read more
- Oracle has emerged as an attractive cloud-computing provider for AI developers. Oracle shares are up 34% since January - Read more
- Israel’s Tower Semiconductor and Adani Group will invest 839.47 billion rupees ($10 billion) for a semiconductor project in India - Read more
- Renting cloud services using Nvidia’s leading chips is lower in China than in the US - Read more
- How Telegram has become a global sewer of criminal activity - Read more
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