June Top 10 Tech News
June was a big month for tech, with major advancements across space, robotics, AI, energy, and digital services. From reusable …
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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/awg-2024.my-dev.org/wp-includes/functions.php on line 6121As winter arrives and the holiday season nears, the IT sector is abuzz with intriguing inventions and transformations. This November, we observed advancements in Amazon’s new AI model, significant developments in quantum computing, and progress in cloud services. This roundup will explore the leading narratives influencing the future of technology, encompassing AI education and data transfer options.
Amazon has developed an original generative AI model, “Olympus,” which analyzes photos, videos, and text, reducing dependence on Anthropic’s Claude chatbot, a significant AWS product. The AI can comprehend and evaluate visual situations, allowing users to locate precise times using language inputs. This advancement corresponds with Amazon’s $4 billion investment in Anthropic and its efforts to rival Google, Microsoft, and OpenAI in generative AI.
Focusing on optimizing tower location, improving security via quantum encryption, and being ready for 6G development, Telefónica Germany and AWS have started a pilot initiative to investigate quantum technologies in mobile networks. The project shows the importance of aggressively including quantum breakthroughs before fully scaled quantum computing comes. Targeting to transfer up to 4 million subscribers within 18 months, Telefónica has already started moving 5G consumers to the AWS cloud.
British Prime Minister Keir Starmer opened London’s inaugural Google-funded AI Campus in Camden, with the objective of equipping youth with artificial intelligence and machine learning skills.
Already running a two-year program, the campus welcomes 16–18-year-olds who will work on practical artificial intelligence projects under Google’s DeepMind’s mentoring. Starmer praised the program for its transformative impact on children from challenging backgrounds. Planning to educate teachers and reach 250,000 children by 2026, Google also committed £865,000 to support an AI literacy initiative, therefore leveraging the £400 billion AI economic potential of the UK.
Finalizing a $7.86 billion subsidy for Intel to increase local semiconductor manufacturing throughout Arizona, New Mexico, Ohio, and Oregon, the U.S. Commerce Department Reduced from $8.5 billion after Intel’s separate $3 billion Pentagon contract, the financing is part of a $52.7 billion effort under the 2022 CHIPS Act meant to improve U.S. semiconductor production and research. By December, Intel, which reached its first project targets, will get at least $1 billion of the subsidies. Gina Raimondo, the Secretary of Commerce, underlined the initiative’s relevance for American national security and leadership in technology. To protect taxpayer interests, the grant forbids profit-sharing clauses and stock buybacks.
Volkswagen (VW) faces a significant labor conflict as thousands of German workers strike against planned mass layoffs, plant closures, and pay cutbacks. After VW revealed intentions to shut three facilities and reduce pay by up to 10% owing to dwindling demand for electric cars, the IG Metall union wants job stability and greater wages.
Starting at VW’s Hanover factory and extending to other locations, the strikes reflect the automaker’s intention to revoke a job security agreement shielding employees until 2029. Although workers warn of further strikes should their demands be disregarded, they have promised €1.5 billion ($1.6 billion) in cost savings should plant closures be postponed.
Germany’s biggest industrial employer, VW, says it is looking for “constructive dialogue” and has acted to guarantee necessary supplies. The disagreement arises as Germany’s auto sector, a major engine of the country’s economy, deals with decreasing demand, Chinese competition, and job losses across businesses like Mercedes and Bosch. Negotiations are scheduled to start on December 9.
Amazon Web Services unveiled “Data Transfer Terminal,” a new service that gives physical sites in New York and Los Angeles where users can safely transfer data to the AWS cloud during their 2024 conference. Customers bring their storage devices to the terminal, reserve slots via the AWS dashboard, and use safe, fast, up to 400 Gbps connections to move data.
The service gives security priority; it uses discreet sites free of AWS branding. However, it does come at a cost; per-port fees for U.S.-based uploads start at $300, and U.S. to EU transfers $500. Future sites are also planned.
Stay tuned and updated with Agiliway.
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