Fulfilling the world’s surging demand for AI chatbots and image generators depends on mundane components as much as glitzy GPUs. Server cabinets, heavy-duty metal enclosures to store GPU systems, have at times been a crucial bottleneck. As it scrambled to build up its facilities, CoreWeave once ordered 1,400 of the wrong cabinets. It was a …
Even with all that investment, Microsoft has a shortage of data center infrastructure, specifically for deploying artificial intelligence models. “We do have demand that exceeds our supply by a bit,” Microsoft CFO Amy Hood told analysts on the company’s earnings call. Companies need an ever-increasing amount of compute to run hefty workloads, adding human-like generative …
Earnings per share: $2.94 vs. $2.82 expected Revenue: $61.86 vs. $60.80 billion expected Microsoft’s total revenue grew 17% year over year in the quarter, which ended on March 31, according to a statement. Net income, at $21.94 billion, or $2.94 per share, was up from $18.30 billion, or $2.45 per share in the year-ago quarter. …
Image Credits: Joan Cros/NurPhoto / Getty Images All-around, highly generalizable generative AI models were the name of the game once, and they arguably still are. But increasingly, as cloud vendors large and small join the generative AI fray, we’re seeing a new crop of models focused on the deepest-pocketed potential customers: the enterprise. Case in …
Mustafa Suleyman, co-founder and chief executive officer of Inflection AI UK Ltd., speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images Microsoft will reveal brand-new artificial intelligence tools for use on PCs and in the cloud at its annual Build conference, according to a …
Google parent Alphabet still derives three-quarters of revenue from advertising, but cloud is growing faster and now represents almost 11% of company revenue. The segment, which contains corporate productivity applications, is also profitable. Google held 7.5% of the cloud infrastructure market in 2022, while Amazon and Microsoft together controlled around 62%, according to Gartner estimates. …
A radiologist is a doctor that uses medical images like CT scans, MRIs and X-rays to identify and treat conditions. But like physicians across many specialties in the U.S., radiologists are facing a growing labor shortage, according to the Radiological Society of North America. As of early April, there are more than 1,800 vacant job …
The dearth of dealmaking shows that, despite a rebound in tech stocks last year and continuing hype around generative AI, venture capitalists are still largely on the sidelines. Startup financings soared to record levels in 2021, before slowing dramatically the following two years as inflationary concerns and rising interest rates pushed investors into safer assets …
The creators of DBOS have recently introduced DBOS Cloud, a transactional serverless application platform tailored for TypeScript developers. With all state information stored in a highly available DBMS, this new platform assures transactional serverless computing, offering reliable execution alongside so-called “time travel” capabilities. Dubbed as “the world’s first cloud-native operating system” and a “database alternative …
Attendees at HIMSS in Orlando, Florida 2024. Courtesy of HIMSS The hottest new technology for doctors promises to bring back an age-old health-care practice: face-to-face conversations with patients. As more than 30,000 health and tech professionals gathered among the palm trees at the HIMSS conference in Orlando, Florida, this week, ambient clinical documentation was the …