Microsoft plans $2.7 billion investment for cloud services and AI technologies in Brazil market
- Microsoft's investment for the country is for three years
- This will be Microsoft's largest investment for Brazil
- AI adoption will increase the country's GDP by 4.2 p.p. by 2030
- Microsoft will expand its data center infrastructure.
- It will be helped by renewable energy in the country.
- The company will also train 5 million people. AI over the next three years
- Brazil could become one of the world leaders in AI
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German Startup OroraTech Secures €25M to Expand AI Wildfire Detection System
Munich-based OroraTech raised €25 million to scale its AI-driven wildfire detection solution, which uses data from its own satellites and over 20 others. The funding round was led by Korys, with support from the EU’s Circular Bioeconomy Fund (ECBF) and Bayern Kapital.
OroraTech aims to expand globally and further develop its technology. Currently, it helps predict and track wildfires, using AI to
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Startup Aptos Orbital has unveiled an AI-based device for satellites
This device is designed to solve the problem of modern satellites being isolated from cloud environments due to limited onboard processing power and coverage gaps.
Aptos co-founder Yonatan Winetraub emphasized that “the company's goal is to make satellites as intelligent and accessible as any computer on Earth. Placing AI on board satellites will allow real-time data processing at the source and