Empires of the Cloud: Azure's Ascension

Also in today's edition: A Match Made in Tech Heaven, India's Biggest ML Conference & Apple Innovates, Android Disrupts

Microsoft is still in the game. When everyone thought the company was losing its grip on the cloud, it got busy brewing something completely different. 

The recent acquisition of Fungible, a startup that manufactures data processing units or DPUs, was a move in that direction – away from traditional data centres, accelerating networking and storage performance in data centres with high-efficiency, and low-power DPUs. 

On January 9, Microsoft and Fungible confirmed the acquisition, which has been in the works since December 2022. Microsoft, reportedly, closed the deal at $190 million. The purchase hints at Microsoft's intent to strengthen Azure, alongside its plans to integrate OpenAI's APIs into its customer and enterprise line of products and services in a big way.