AWS announced new features, including Graviton 3, a faster and more power-efficient Arm-based processor, and released its open-source autoscaling tool Karpenter to production. The company also introduced Amazon SageMaker Canvas, a service that makes machine learning easy for non-specialized engineers or business users. Additionally, the top cloud vendors, such as AWS, Dell, and Google Cloud, continue to grow in revenue, with AWS growing 10% faster than it did a year ago. Other news includes Nvidia's acquisition of Arm being scrutinized by regulatory bodies, and DCI Indonesia becoming the world's top IPO of 2021. The trend of single cloud providers is declining, while hybrid and multi-cloud architectures are gaining popularity. CAST AI also released new product features, including Instant Rebalancing, SOC 2 Type II compliance, Spot Fallback, and enhanced Available savings reports.