CLOUD - Techstreet Now (Page 306)

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TECH NEWS

CarbonSix, which is developing AI automation and robotic intelligence tech for manufacturing, raised a $40M Series A co-led by DSC Investment and LB Investment

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TECH NEWS

A major opportunity for AI-native companies and services firms

The enterprise software industry is approaching one of its biggest commercial shifts since the rise of cloud computing. According to new research from Gartner, as much as $234 billion in enterprise application software spending could be exposed to disruption from agentic AI by 2030, fundamentally altering how software is built,

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TECH NEWS

An EU draft proposal dated June 30 shows the bloc is weighing weaker climate impact rules for gas-powered data centers, after heavy lobbying from tech groups

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TECH NEWS

Google looks to electronic waste as cost-effective AI server solution

Every year, billions of phones are discarded globally, many of them with perfectly usable processors. At the same time, the tech industry is preparing to spend billions on new AI computing hardware, at high environmental costs. Google, in collaboration with researchers at the University of California, San Diego, is developing

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TECH NEWS

Nvidia promises to financially backstop young cloud providers like Firmus that rent out its AI chips, in exchange for a revenue share through a new program

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TECH NEWS

New humanoid robots from China look like creepy pop star action figures – complete with slightly dodgy lip-synch

AI AND ML They're 90 percent human in some ways, can provide daily companionship psychological support One of China’s emerging humanoid robotics companies has launched its most-realistic looking models yet and says it has already taken over 13,000 orders for the $17,600/ £13,300 machines.

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TECH NEWS

Sources: OpenAI has discussed giving a 5% stake to the US government as the company seeks to clear political obstacles by securing buy-in from the Trump admin

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TECH NEWS

Sources: data center operator Switch seeks a ~$2B funding round valuing the company at ~$50B, including debt, led by a $400M investment from Andreessen Horowitz

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TECH NEWS

Sources: Apple has told suppliers to prepare to produce ~10M foldable iPhones in 2026, up from 7M-8M previously, and 80M iPhones in total across new models

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TECH NEWS

Sources: Apple is in negotiations to buy chips from CXMT and YMTC, two Chinese semiconductor makers on a Pentagon blacklist, for use in devices sold in China

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TECH NEWS

X launches Live Studio, an updated livestreaming hub within Creator Studio with a simplified desktop setup, chat control options, custom thumbnails, and more

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TECH NEWS

India-based short video app ShareChat's parent company Mohalla Tech plans to raise up to $400M in an IPO in 2027; ShareChat has ~65M micro-drama viewers monthly

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