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Infrastructure

AWS says some Bahrain and UAE data cannot be restored after strikes

AWS said it cannot restore some data stored exclusively in data centers across Bahrain and one UAE availability zone after Iranian drone strikes in the spring. The disclosure is the first indication that data kept only in those locations could be lost permanently. AWS's statement concerns data stored exclusively in the affected facilities.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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AI Capital
AI Capital

Lumaril raises $66 million for industrial AI software

Lumaril raised a $66 million Series A at a $400 million valuation, The Wall Street Journal reported. The company develops AI software that connects to manufacturers' existing control systems to optimize industrial production on factory floors.

AI Infrastructure
AI Infrastructure

Five technology giants commit more than $3T to future spending

Alphabet, Meta, Microsoft, Amazon and Oracle have committed more than $3T to future spending on data centres, leases, equipment and energy, The Next Web reported, citing Bloomberg. Alphabet accounts for more than $1T and Meta for more than $800B.

Infrastructure Products
Infrastructure Products

AI infrastructure spending pushes three technology giants into negative cash flow

Alphabet, Amazon and Meta reported negative free cash flow as infrastructure spending rose, TechCrunch reported. Alphabet recorded negative $9.1 billion in the third quarter, Meta negative $2.1 billion, and Amazon negative $42.4 billion over the past 12 months.