Sunday, October 31, 2021

Industry and government officials say Gaia-X, a project to reduce EU's cloud dependency on US tech giants, is hamstrung by infighting and bloated bureaucracy (Politico)

Politico:
Industry and government officials say Gaia-X, a project to reduce EU's cloud dependency on US tech giants, is hamstrung by infighting and bloated bureaucracy  —  The initiative, meant to boost Europe's cloud services, is failing to fix the problems it was intended to solve.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...