GPU maker NVIDIA calls its annual GPU Technology Conference (GTC) “The #1 AI Conference for Developers.” The tagline of Intel Vision 2024 Conference is “Bringing AI everywhere”—a not-so-subtle hint as to who the company is going after. In April, Intel unveiled its own AI hardware, Intel Gaudi, signaling a ram pup in efforts to conquer the …
Google parent Alphabet (GOOGL) appears to be forming a bullish three-weeks-tight pattern as it gets poised for its next move. Google stock is dancing around all-time highs after an earnings gap-up. X The IBD Big Cap 20 name saw first-quarter strength in its Search, YouTube and Cloud businesses, with its cloud computing revenue growing 28%. …
Cloud computing will account for 70% of global enterprise workloads by 2028, up from about 25% now, according to Gartner, and issues like sustainability, AI computing and data sovereignty will play greater roles in how Australian enterprises use and procure cloud vendors. At the Gartner IT infrastructure, Operations & Cloud Strategies Conference in Sydney, Dennis …
Ansys announced the launch of Ansys Access on Microsoft Azure, allowing users to deploy pre-configured Ansys products on Azure cloud platform infrastructure. Available May 30, 2024, customers using their own Azure subscription with existing Ansys licenses can benefit from a more scalable, secure, and cost-effective approach to running HPC simulations in the cloud, the company says. …
By Nqobile Dludla and Supantha Mukherjee JOHANNESBURG/STOCKHOLM (Reuters) – Amazon Web Services (AWS) plans to offer cloud computing in Morocco and Senegal using its AWS Wavelength platform in partnership with Orange, the firms said on Wednesday. This will be the first time the services will be available in any country without physical AWS infrastructure such …
The deal, if finalised, would be the largest in Alphabet’s history and a strategic move to bolster its competitiveness in the cloud applications market. Reports of Google’s interest in HubSpot first emerged last month, leading to an 11% surge in HubSpot’s shares. Reuters reported at that time that Alphabet had met with investment bankers to …
Stacks of computer servers at a data center. getty Gamuda—a Malaysian infrastructure company cofounded by tycoon Lin Yun Ling—said its unit has won contracts worth 1.74 billion ringgit ($372 million) to build Sime Darby Property’s maiden data center near Kuala Lumpur as the race to expand cloud computing infrastructure in Southeast Asia heats up. Under …
Alibaba Group Holding is selling up to US$5 billion worth of convertible bonds to fund its share buy-backs, as leaders of the Chinese tech giant declared e-commerce and cloud computing as its core businesses in a move “towards strategic clarity”. The Hangzhou-based firm, which owns the South China Morning Post, said it expects to raise …
Averlon co-founders Sunil Gottumukkala, left, and Vishal Agarwal, are CEO and chief technology officer, respectively. Photos courtesy Averlon Averlon, a cloud security company based in Redmond, has emerged from stealth mode with an $8 million seed funding round aimed at helping organizations stay ahead of emerging cyberattack threats. Averlon’s latest investment is led by Voyager Capital …
Every company in the world is scrambling to figure out how to use AI within their own ranks, but not all of them are as well equipped to meet the challenge as tech giant Salesforce. The cloud-based software company is known for products like communications app Slack and data visualization platform Tableau, but they’ve been …