Microsoft‘s been awarded the controversial Joint Enterprise Defense Infrastructure (JEDI) contract, a $10 billion planned project to create and maintain an AI-powered, cloud-based weapons platform for the Pentagon. The company’s stocks hit a record intraday high on the back of the news, but shareholders may want to hold off before declaring victory. Amazon, the second-place runner up, is reportedly weighing its options and may take legal action to challenge the award. Few imagined Microsoft winning the contract. Amazon Web Services (AWS) is generally considered the industry leader in cloud infrastructure, and was thus considered the frontrunner to win the bid. Google was an…
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Monday 28 October 2019
