Draft EU Cloud Computing law would complicate Amazon (AMZN), Google (GOOGL), and Microsoft (MSFT) bids for 'very critical' Cloud Computing services in Europe, according to Reuters citing sources and documents
Newsquawk Staff ·
- Introduces mandatory non-price award criteria in public procurement procedures.
- Non-price award criteria would require software, hardware to be designed or made in the EU
- Other non-price criteria would require EU R&D results, and EU Security of supply.
- OpenAI expects future AI models to be capable of identifying and exploiting vulnerabilities that are currently unknown, according to a blog post
- Texas Attorney General Ken Paxton sues OpenAI and CEO Sam Altman for lying to users and harming Texans
- Meta's (META) Muse AI to counter China models with subscribers, not ads, Nikkei reports
- OpenAI reveals plans for an in-house exabyte-scale storage system
- Newsquawk Weekly Economic Release 26th - 30th October 2026
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