Thursday, May 18, 2023

AWS to invest over $12 billion in India till 2030: CEO; Paytm opposes IAMAI’s stand on digital competition

Adam Selipsky, the newly appointed chief executive of Amazon’s cloud unit, Amazon Web Services (AWS), said India is a “high growth market” and he expects it to embrace cloud technology to reach its goal for a $5 trillion economy. This and more in today's ETtech Morning Dispatch.

from Tech-Economic Times https://ift.tt/jCSBvZh

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...