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Microsoft plans $10 billion in Persian Gulf spending through 2030

Microsoft will spend $10 billion through 2030 in four Persian Gulf countries, Bloomberg reports. The company plans to build infrastructure and strengthen cybersecurity as part of that spending. Microsoft President Brad Smith discussed the plan with Bloomberg. He also argued that AI safety needs independent evaluators and cannot depend on two companies. The spending is a plan extending through 2030; the summary gives no breakdown by country or project.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Infrastructure Products

Google buys Crusoe's Wyoming data centre site to build it itself

Google has bought Crusoe's data centre site in southeast Wyoming and will build the project itself, Crusoe said Friday. The acquisition follows Google's announcement a day earlier that it would spend $17B on its first Wyoming data centre in Laramie County.

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Apple says iPhone Duo now has over 100,000 optimized apps

Apple said Friday that over 100,000 apps built for the iPhone Duo are live on the App Store, with thousands more being added daily. The announcement accompanied the release of over a dozen notable apps adapted for the foldable, including Microsoft Word, Outlook, Zoom and Etsy.

AI Products
AI Products

Microsoft winds down rented Oracle AI computing capacity

Microsoft is switching off computing capacity rented from Oracle after declining to renew a 2023 deal because the hardware used older Nvidia chips, Bloomberg reported, citing sources.

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Products

Motorola Solutions closes $1.3 billion D-Fend acquisition

Motorola Solutions closed its $1.3 billion acquisition of D-Fend, adding technology to detect and mitigate drones, according to a Yahoo Finance account of its third-quarter earnings call.

AI Products
AI Products

Ocient raises $100 million to expand AI analytics business

Chicago-based data analytics company Ocient said it raised $100 million in Series C funding to expand its agentic AI analytics business, SiliconANGLE reported. Boka Capital and OCA Ventures co-led the round. Ocient makes a data analytics platform.