ECONOMY

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AI Revolution: Big Tech’s Electricity Consumption Exceeds Entire Countries

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@mvollmer1

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25 September 2024 21h01

The AI revolution is demanding more electricity and Big Tech’s consumption is outpacing entire countries #economy #GDP #innovation #SocialMedia #streaming #Cloud #datacenter #FutureofWork #Sustainability #ESG #SDGs #energy https://
visualcapitalist.com/charted-big-te
ch-uses-more-electricity-than-entire-countries/
… via @visualcap @sallyeaves

Microsoft licensing costs European businesses €1bn yearly

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25 September 2024 14h08

Google says, based on CISPE research, that Microsoft's licensing practices cost European businesses up to €1bn annually.

Microsoft undercuts competitors on Azure Office pricing strategy

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25 September 2024 14h08

Google also says Microsoft makes it cheaper for customers to run Office / other products on Azure than on other clouds, e.g. GCP, AWS, AliCloud, etc.

→ View original post on X — @officialindiaai

PwC Report: 90% Indian Banks Adopt AI and Generative AI

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@officialindiaai

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25 September 2024 14h06

According to a recent PwC India report, AI is transforming India's financial services landscape. The survey, which included 31 financial institutions, reveals that 90% are focused on AI and Generative AI to drive innovation. From improving customer service through chatbots to

Google Files First Antitrust Complaint Against Competitor

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25 September 2024 14h02

This is apparently the first time that Google has ever filed an antitrust complaint as a business (i.e. all units of Google, not just Google Cloud).

Google Files Antitrust Complaint Against Microsoft Cloud Licensing

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25 September 2024 14h01

BREAKING: Google has filed an antitrust complaint with the European Commission alleging that Microsoft's cloud licensing terms are stifling competition.

→ View original post on X — @officialindiaai

India’s Self-Sufficient Startup Ecosystem Growth Strategy

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@officialindiaai

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25 September 2024 7h07

This session aimed to forge a path towards a self-sufficient India, where the startup ecosystem not only thrives on its own merits but also contributes significantly to the global market. Catch the insights from the session on our YouTube channel! https://
youtu.be/agq23wgs4SE?si
=5OQejOS7PLbs7B8T
…