Amazon Web Services plans to spend $35 billion building data centers in Virginia by 2040, the state’s governor said Friday, underscoring Amazon’s long-term ambitions for its cloud business. The plan shows Amazon is committed to keeping its edge over cloud computing rivals Google Cloud and Microsoft Azure, which have spent billions in efforts to catch up with AWS. The planned AWS expansion...
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What Sequoia Should Have Said
I remember my jaw dropping last year when The Information’s Juro Osawa reported that Sequoia China was in talks to raise more than $8 billion in new funding from U.S. investors and others.I was baffled. I just couldn’t imagine that Sequoia, which had picked a slew of winners in the U.S. and China ranging from Google to Meituan, was going to continue to draw such inflows from the U.S. to its...
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