Big Tech
Microsoft Makes Equity Investment in Cloud Data Firm Veeam Software
Veeam's software is designed to help customers quickly recover their data after cybersecurity incidents, ransomware attacks or accidental data loss.
Acquisition
IBM to Acquire DataStax to Bolster watsonx's GenAI Offerings
AstraDB will enhance the existing vector capabilities of IBM watsonx.data, IBM's hybrid, open data lakehouse for AI and analytics.
AI Developments
Salesforce and Google Partner to Bring Gemini to Agentforce
Salesforce’s Agentforce will integrate Google’s Gemini models, enabling agents to work with images, audio, and video, and handle more complex tasks with Gemini’s multi-modal capabilities and two-million-token context windows.
Datacentre
Microsoft Pulls Back from 200MW Data Center Leases: TD Cowen
TD Cowen attributes Microsoft's pullback to facility and power delays, comparing it to a similar move made by Meta in 2022 when it canceled several data center leases related to the metaverse.
Big Tech
Meta to Expand in India with a New Office in Bengaluru; to Hire for AI Roles
The company is also looking to expand its AI infrastructure with additional hardware engineers.