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OpenAI has entered into a significant cloud partnership with Google, marking a notable collaboration despite their ongoing competition in the AI sector. This unprecedented deal highlights the evolving landscape of technology alliances as companies seek to leverage each other's strengths.
OpenAI has entered into a significant cloud partnership with Google, marking a notable development despite the ongoing rivalry in the AI sector. This unprecedented deal highlights the evolving landscape of technology collaborations amidst competitive tensions.
WeRide has initiated a $100 million share buyback after its stock plummeted over a third since its IPO, highlighting challenges in achieving profitability amid significant R&D expenditures. Meanwhile, Huawei's Harmony OS struggles to build a competitive ecosystem, hosting only 13,000 apps compared to rivals, as it faces the dilemma of nurturing partnerships while competing in various sectors.
Singapore-based Digital Edge and Thai energy firm B. Grimm Power Pcl are investing $1 billion to build a 100-megawatt data center in Thailand, set to be operational by Q4 2026. This project underscores Thailand's emergence as a key data center hub, with significant investments and a focus on renewable energy to meet growing demand. The country aims to enhance its energy infrastructure while attracting major tech players amid a projected annual growth rate of 7.5%-8.5% in the data center industry from 2025 to 2027.
Tokopedia faces challenges following its merger with TikTok Shop, as sellers and employees express concerns over new policies favoring large brands and job cuts. Meanwhile, the Indonesian e-commerce landscape is shifting, with Shopee gaining traction among consumers. In contrast, Chinese tech startups are preparing for IPOs despite economic headwinds, eyeing the Hong Kong Stock Exchange as a favorable option.
Reddit has filed a lawsuit against AI startup Anthropic for allegedly using its data without permission to train AI models, claiming violations of user agreements. This marks a significant legal move in the tech industry, as Reddit seeks to protect user privacy and monetize its content through licensing deals, while Anthropic denies the allegations and plans to defend itself. The case could set important precedents regarding data scraping and compensation for content creators in the evolving AI landscape.
Brookfield Asset Management plans to invest up to 95 billion Swedish crowns (US$9.9 billion) in an AI-focused data center in Strangnas, Sweden, creating over 1,000 permanent jobs and 2,000 temporary positions during its construction. This investment highlights Sweden's growing role as a data center hub, attracting major tech companies due to its reliable electricity and strong infrastructure. As Europe faces a critical AI infrastructure gap, Brookfield's project aims to address the increasing demand for AI-capable facilities, reflecting a significant shift in digital infrastructure economics.
The generative AI sector is witnessing significant growth in code generation startups, with Cursor achieving a $10 billion valuation after raising $900 million, and Windsurf in talks for a $3 billion acquisition by OpenAI. Despite their revenue, both companies face profitability challenges due to high costs associated with reliance on AI models from competitors. This trend is reshaping the software development labor market, reducing entry-level positions while increasing the value of skilled developers, as AI automates repetitive tasks.
A US federal judge is considering less severe antitrust remedies against Google, suggesting options like limited data sharing and conditional payment halts to smartphone makers for default search placements. This reflects a more cautious US approach compared to the EU's aggressive enforcement, as the judge acknowledges the evolving competition from AI-driven search platforms. The debate centers on whether Google should share its search data, a crucial resource in the AI era, balancing competition promotion with respect for Google's investments.
Microsoft Rus LLC, the company's Russian subsidiary, is set to file for bankruptcy, following a significant reduction in operations due to economic shifts and the ongoing conflict in Ukraine. This move aligns with Russia's strategy to diminish foreign tech influence, as seen with previous bankruptcies of other Western firms like Google. Meanwhile, Chinese tech companies are increasingly filling the void left by these exits, establishing deeper ties within the Russian market.
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openai partners with google for groundbreaking cloud collaboration amid ai competition
19:33 10.06.2025
OpenAI partners with Google for groundbreaking cloud collaboration amid AI competition
16:58 10.06.2025
WeRide and Huawei Face Challenges in Ambitious Tech Ventures
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Thailand attracts major investment with billion dollar data center project
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