Big Tech and the AI investment boom in underwater cables

Over 95% of international data and voice call traffic travels through nearly a million miles of underwater communication cables. These cables carry government communications, financial transactions, email, video calls and streaming around the world. The first commercial telecommunication subsea cable was used for telegraphs and was laid across the English Channel between Dover, England and…

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OpenAI and Amazon ink $38B cloud computing deal  

OpenAI has not finished securing the AI ​​infrastructure needed to rapidly scale agentive workloads. ChatGPT-maker said on Monday that it has reached Deal with Amazon Purchasing $38 billion in cloud computing services over the next seven years. OpenAI said it will begin using AWS compute immediately, with the goal of deploying all capacity before the…

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Alibaba (BABA) June quarter 2025 earnings report

The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the Chinese giant’s revenues came in under…

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