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Today’s Storystream

Facing rapid tech industry shifts, Mozilla Foundation has laid off 30% of its staff, refocusing efforts on core advocacy initiatives. Executive Director Nabiha Syed emphasized the organization’s renewed commitment to a “more open and equitable” internet, streamlining roles and reprioritizing efforts for impact. This reorganization aims to amplify Mozilla’s mission to champion transparency and user-first digital experiences.

Cisco’s Quantum Summit 2024 unveiled plans for a quantum data center that connects smaller quantum computers via Cisco’s QFabric for scalable, secure quantum networks. By integrating quantum key distribution and hybrid cryptography, and managing network flow with Quantum Orchestra software, Cisco aims to deliver seamless, high-speed, quantum-enabled computing services. This vision could revolutionize secure data transfer for industries globally.

DreamHost and Ecwid by Lightspeed have partnered to provide DreamHost’s web hosting clients with an integrated, user-friendly e-commerce platform. This collaboration empowers users to effortlessly launch, manage, and grow online stores with Ecwid’s multi-channel sales capabilities and real-time insights, alongside DreamHost’s robust web hosting. Businesses can now enjoy seamless setup, efficient operations, and flexible pricing for both free and premium e-commerce solutions.

Microsoft will reportedly invest up to $10 billion in CoreWeave’s data centers, positioning CoreWeave as a major supplier for Microsoft’s AI demands while remaining a cloud competitor. This deal highlights Microsoft’s push to meet soaring GPU demand for AI, even as CoreWeave aims to quadruple revenue to $8 billion by 2025, eyeing a public listing by year’s end.

Oracle has initiated significant layoffs within its Oracle Cloud Infrastructure (OCI) division, reportedly affecting hundreds of US-based employees. Sources suggest the company aims to cut costs by replacing senior roles with less experienced hires. The layoffs follow similar industry trends, with tech giants like Microsoft and Google also making recent cloud workforce reductions amid shifts in cloud market dynamics.

Amazon has filed to develop the Northeast Creek Technology Campus, a 374-acre data center campus in Louisa County, Virginia. This project will include ten 382,000 sq ft data centers, three substations, and administrative facilities, part of Amazon’s $11 billion investment in central Virginia. With this second data campus in Louisa, Amazon continues to deepen its presence in the region’s data infrastructure landscape.

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