Europe is hitting the kills witch on some U.S. tech - Getty Images The nomination of Kevin Warsh to lead the Fed has taken the sails out of the idea that the U.S. dollar would sink. But Matthew Tuttle, chief executive of Tuttle Capital Management, thinks investors are missing the big issue regarding a shift away from U.S. assets. Most Read from MarketWatch In a note released Monday, Tuttle says most investors have explained the reason why international and emerging market equities have been outperformi ...

This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Dive Brief:  Microsoft’s capital expenditures reached $37.5 billion for the period ending Dec. 31, 2025, with roughly two-thirds going to GPUs and CPUs as “customer demand continues to exceed our supply,” Microsoft EVP and CFO Amy Hood said during the company’s Q2 2026 earnings call on Wednesday. Remaining spend was allocated to assets including large data center sites.  W ...

Core Insights - IBM has announced the launch of IBM Sovereign Core, the first AI-ready sovereign-enabled software designed for enterprises, governments, and service providers to create and manage AI-ready sovereign environments [1][2] - The increasing regulatory requirements and the need for auditable governance are driving organizations to seek self-managed environments where they maintain complete operational authority, especially for AI workloads [2][4] Digital Sovereignty - Digital sovereignty encompasses control over technology environments, data access, governance, and jurisdiction of AI models, extending beyond mere data residency [2][4] - Gartner predicts that over 75% of enterprises will have a digital sovereignty strategy by 2030, often involving sovereign cloud strategies [2] Features of IBM Sovereign Core - IBM Sovereign Core is designed to provide verifiable sovereignty and full operational control, allowing organizations to manage cloud-native and AI workloads under their authority [3][5] - The software ensures that all authentication, authorization, and encryption keys remain within jurisdiction boundaries, under customer control [5] - It enables ongoing compliance with comprehensive operational data and audit trails generated within the sovereign boundary [5] Deployment and Operational Independence - Organizations can deploy IBM Sovereign Core in their preferred environments, including on-premises data centers or supported in-region cloud infrastructure [6] - IBM is collaborating with IT Service Providers, starting with partnerships in Europe, to offer differentiated sovereign services to enterprises [6][7] Availability - IBM Sovereign Core will be available in tech preview starting February 2026, with full general availability planned for mid-year 2026, along with additional capabilities [8]

Core Viewpoint - SEALSQ Corp has established a joint venture with Kaynes SemiCon to create SEALKAYNESQ Ltd in India, focusing on developing a Sovereign Indian Post-Quantum semiconductor platform aligned with national digital sovereignty and security priorities [1][6]. Group 1: Joint Venture Details - The joint venture aims to develop a secure semiconductor design, test, and personalization center in India, moving beyond conventional OSAT models to create a high-assurance industrial platform for quantum-resistant technologies [2]. - SEALSQ will hold 51% of the joint venture's share capital, while Kaynes SemiCon will hold 49%, with governance shared through a five-member board [4]. - The joint venture will benefit from the Swiss–India Free Trade Agreement, which reduces customs duties on advanced semiconductor equipment, enhancing cost efficiency and facilitating trade [7]. Group 2: Technological Focus - The joint venture will deploy an Outsourced Semiconductor Test & Personalization (OSTP) facility, integrating advanced testing capabilities compliant with Common Criteria standards and embedding Post-Quantum Cryptography at the silicon level [3]. - SEALSQ's portfolio includes PQC-ready secure elements and Quantum Shield™ technology, aimed at future-proofing India's critical digital systems against quantum computing risks [5]. - The localized deployment of SEALSQ's Quantum Shield™ semiconductor architecture will provide long-term quantum resilience for Indian digital infrastructure [3]. Group 3: Strategic Importance - The joint venture is positioned as a strategic initiative to enhance India's semiconductor self-reliance and global competitiveness in trusted electronics manufacturing [7][8]. - The collaboration is expected to play a pivotal role in advancing India's ambition to become a global semiconductor hub, supported by government initiatives [8].

Core Insights - Commvault has announced its partnership with AWS to launch the Commvault Cloud on the AWS European Sovereign Cloud, aimed at providing cyber resilience for regulated industries in Europe [1][5]. Group 1: Commvault Cloud and AWS European Sovereign Cloud - The AWS European Sovereign Cloud will be an independently operated cloud infrastructure located entirely within the EU, designed to meet the needs of European governments and enterprises [3]. - Commvault's platform will offer a secure, cost-optimized resilience solution tailored for AWS customers, featuring AI-enabled capabilities for data protection and management [4][5]. Group 2: Features and Capabilities - The Commvault Cloud will include extensive cyber resilience features such as air-gapped backups, AI-enhanced threat detection, and cleanroom recovery orchestration, which are essential for compliance with regulations like GDPR, DORA, and NIS2 [4]. - The platform aims to simplify onboarding and resource protection across accounts within the Sovereign Cloud, enhancing operational recovery and data resilience [4]. Group 3: Market Context and Recognition - Commvault is responding to increasing pressure on European organizations to meet sovereignty requirements while addressing rising cyber threats [5]. - The company has achieved significant milestones with AWS, including the AWS Resilience Competency in the Recovery category and being named the 2025 AWS Global Storage Partner of the Year, highlighting its leadership in cloud-native data protection [5]. Group 4: Availability and Pricing - The Commvault Cloud is expected to be available on the AWS European Sovereign Cloud in the first half of 2026, with pricing to be finalized before general availability [6].

Group 1: Goldman Sachs Acquisition - Goldman Sachs has announced a definitive agreement to acquire Innovator Capital Management for approximately $2 billion in cash and stock, significantly expanding its presence in the ETF market, particularly in the defined-outcome ETF category [3][7] - The acquisition will increase Goldman Sachs Asset Management's ETF assets under management from $51 billion to $79 billion, positioning it among the top 10 active ETF providers [3][7] - The deal is expected to close in the second quarter of 2026 and will include a Bitcoin-linked ETF, indicating a strategic pivot towards crypto-related financial products [3][7] Group 2: Disney CEO Succession - The Walt Disney Company is in the final stages of its search for a successor to CEO Bob Iger, with an announcement anticipated in early 2026 [4][7] - The board, led by newly appointed chairman James Gorman, is considering both internal and external candidates, including Andrew Wilson, CEO of Electronic Arts [4][7] - This extensive search aims to ensure a smooth transition and avoid past succession challenges, with Iger willing to guide his successor [4][7] Group 3: Hong Kong Stock Market - Hong Kong's stock market has reached a two-week high, driven by an optimistic outlook for 2026 from institutions like HSBC Asset Management and UBS, which predict strong stock performance due to improved earnings [5][7] - Technology stocks have been a significant driver of this advance, benefiting from a calming in mainland Chinese markets and expectations of a U.S. interest rate cut [5][7] Group 4: Bank of Korea's Inflation Oversight - The Bank of Korea has maintained its benchmark interest rate at 2.5% while intensifying oversight on pricing to combat persistent inflation [8][7] - Deputy Governor Kim Woong emphasized the need for close monitoring due to uncertainties from U.S. tariff policies, global oil price volatility, and geopolitical tensions [8][7] - Inflation is projected to remain stable around the 2% level, but external factors pose significant risks [8][7] Group 5: China-Europe Business Relations - European businesses continue to engage with China despite concerns over competitive practices and market access, particularly in high-tech sectors [6][7] - Europe aims to protect its industries and assert digital sovereignty, while recognizing the potential for cooperation in areas like green development [6][7]

RT sub0 (@Polkadotsub0)Argentinian President @JMilei shared @gavofyork's recent @ForbesArgentina interview from sub0.Gavin sat down with Forbes to discuss Polkadot's "second era," digital sovereignty, the role of AI, and freedom. https://t.co/ProRJHPJaQ ...

Core Insights - SAP has launched the EU AI Cloud, consolidating its digital sovereignty initiatives into a framework tailored for Europe, offering customers various options for data sovereignty and deployment [1][3] - The platform is designed to meet EU data residency and regulatory compliance requirements, allowing enterprises to incorporate AI into core business processes while adhering to local regulations [2][3] Deployment Options - The EU AI Cloud provides multiple deployment options, including SAP Sovereign Cloud, on-site models, and partnerships with approved European cloud providers, ensuring compliance with European regulations [3][5] - AI workloads are hosted in European data centers, ensuring independence from non-European hyperscalers, which is crucial for maintaining data sovereignty [4] Partnerships and Collaborations - SAP has partnered with Cohere to integrate agentic AI capabilities into the SAP Business Technology Platform, enhancing AI integration for enterprises with data residency constraints [2] - Tata Consultancy Services (TCS) has been selected to support SAP's cloud and generative AI transformation under a five-year agreement, focusing on streamlining IT operations and enhancing AI capabilities [6][7]

Industry Focus - The discussion centers on "unbanking the banked," suggesting a shift away from traditional banking systems [1] - Self-custody is highlighted as a key element for achieving digital sovereignty [1] - Privacy is emerging as a paramount luxury in the digital age [1] Data Privacy & Value - Individuals are undervaluing their personal data in exchange for attention [1] - A contrast is drawn between the discounted value of personal data and the protected value of established luxury brands [1]

Core Insights - SAP SE has extended its collaboration with France's AI ecosystem, including Bleu, Capgemini, and Mistral AI, to enhance Europe's digital, cloud, and AI sovereignty [1][9] - The partnerships aim to protect critical infrastructure from cyber threats and ensure sensitive data remains within European jurisdiction [2][6] - SAP's commitment to European digital sovereignty includes an investment of over €20 billion in sovereign cloud and AI solutions [5][9] Collaboration and Partnerships - The collaboration with Bleu and Delos Cloud focuses on ensuring digital autonomy for Europe by keeping sensitive operations within European control [2] - SAP and Capgemini will enhance their partnership to drive AI-driven enterprise transformation while adhering to regulatory and cybersecurity standards [3] - The partnership with Mistral AI aims to integrate advanced AI capabilities into SAP's Business Technology Platform and develop industry-specific applications [4] Financial Outlook and Performance - SAP is experiencing strong momentum in Cloud ERP and growing adoption of its Rise with SAP and Grow with SAP offerings, with AI expected to drive double-digit revenue growth through 2027 [7] - The company has raised its 2025 outlook, forecasting higher profitability, with cloud revenue projected near the low end of €21.6–€21.9 billion and non-IFRS operating profit near the high end of €10.3–€10.6 billion [8]