#cloud-market

#cloud-market

The European Commission wants to investigate whether Amazon Web Services, Microsoft Azure, and Google Cloud fall under the Digital Markets Act. After large-scale cloud outages, concerns are growing about the dominance of three major players in the cloud market. This is according to Bloomberg, based on sources. The investigation follows several major outages in the cloud sector. Last month, an Amazon services outage affected hundreds of companies.

For the next six years, Meta will be able to turn to Google Cloud for its computing needs. After gradually reducing its own data center capacity, CEO Mark Zuckerberg's company is still aiming to build its own AI infrastructure. Meta recently sold $2 billion worth of data center infrastructure. This was necessary to make room for other investments. Now we can see what that financial muscle looks like: purchasing an enormous amount of capacity from Google Cloud.