President William Ruto’s announcement that Kenya will begin constructing a one Gigawatt (1GW)-capacity data centre in Naivasha has stirred debate within expert circles around the viability of the project. Without revealing the construction cost in his post on X last week, Dr Ruto indicated that the investment would be powered by green energy and that …
Magnificent Seven member Nvidia (NVDA) leads this week’s list of stocks to watch, along with fellow artificial intelligence plays Datadog (DDOG) and Dell Technologies (DELL). Dow Jones retailer Walmart (WMT) and uranium miner Cameco (CCJ) are also nearing buy points. The stocks featured on this week’s list are flashing early entry opportunities as they rebound …
Microsoft (MSFT) and Google parent Alphabet (GOOGL) announced increased spending on data center hardware to support artificial intelligence initiatives late Thursday. The news drove AI stocks higher on Friday, including top names Nvidia (NVDA) and Super Micro Computer (SMCI). X Earlier this week, Meta Platforms (META) and Tesla (TSLA) also announced elevated capital expenditures related …
(Bloomberg) — Microsoft Corp. and Google owner Alphabet Inc. sent a clear message to investors on Thursday: Our spending on artificial intelligence and cloud computing is paying off. Most Read from Bloomberg The companies trounced Wall Street estimates with their latest quarterly results, lifted by a surge in cloud revenue — fueled in part by …
NEW CARLISLE, Ind. (AP) — Amazon ’s cloud computing unit Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced Thursday. Republican Gov. Eric Holcomb called the project planned near the town of New Carlisle, about …
A decentralized cloud computing altcoin is soaring after Korea’s biggest crypto exchange announced support for the digital asset. Akash Network (AKT) shot up Tuesday from low of $4 to a high of $6.74, a more than 68% increase after crypto exchange Upbit announced support. At time of writing, AKT has retraced slightly to $5.30 and is …
Chinese tech firms Alibaba Group Holding and Baidu have rushed to add support for Meta’s Llama 3 large language model (LLM) to their cloud computing platforms, after the technology used to train chatbots like ChatGPT was released last week. E-commerce powerhouse Alibaba’s cloud computing unit has added Meta’s Llama 3 LLM to its open-source artificial …
Selbyville, Delaware, April 22, 2024 (GLOBE NEWSWIRE) — The cloud microservices market valuation is projected to cross USD 7.2 billion by 2032, as reported in a research study by Global Market Insights Inc. The increasing adoption of cloud computing solutions by organizations across various industries is driving the demand for microservices architectures. As per reports, cloud …
Blocked from operating and expanding in China, leading American computing and software companies have shifted their focus to Japan, reinforcing a longstanding partnership that is accelerating the recovery of Japan’s technological competitiveness. American tech giants Nvidia, Microsoft and Oracle have all recently announced new investments in data centers and related services in Japan. They have …
In healthcare, the integration of cloud technology emerges as an indicator of transformative progress. The narrative of “Cloud-powered Healthcare” is one of evolution—not only in technology but also in patient care and healthcare administration. The core principle driving this change is the release of a lightweight software version that leverages cloud interoperability. The use of …