Cisco has announced the launch of a $1 billion fund dedicated to investing in startups and solutions focused on artificial intelligence (AI). The fund is part of Cisco’s efforts to advance technology and innovation in the AI space. The company is seeking to support promising AI startups and solutions that have the potential to make … Read more
Amazon CloudWatch Logs Live Tail now supports streaming CLI, allowing users to view, search, and filter log events in real time. This feature enables users to interactively view logs as they are pulled in through the AWS CLI or custom dashboards, both within and outside of AWS. The Live Tail console in CloudWatch Logs has … Read more
Market indices had a mixed day of trading, with the Dow Jones being the only one in the green at +0.20%. The S&P 500 finished slightly down at -0.02%, the Nasdaq was down -0.09%, and the Russell 2000 saw the biggest drop at -0.70%. Only the Russell 2000 has seen losses over the past week, … Read more
Hewlett Packard Company recently announced a quarterly dividend, with shareholders of record receiving $0.13 per share on July 18th. The company has been increasing its dividend annually and has a dividend payout ratio of 25.4%. Analysts expect the company to earn $1.70 per share next year, which should cover the dividend payout. Hewlett Packard Enterprise … Read more
Broadcom has introduced a new Ethernet Network Interface Card (NIC) that utilizes the 5nm process node technology to enhance efficiency and maintain high performance levels in handling modern data loads. By incorporating this advanced technology, Broadcom aims to offer a solution that can meet the increasing demands of data processing and communication in today’s interconnected … Read more
NVIDIA (Nasdaq: NVDA) recently made a long-anticipated announcement of a stock split on May 22nd, which was accompanied by stellar financial results. Following the news, the company’s stock price surged 9.3% the next day and has seen a 13.5% increase over the past five business days. Investors are now left wondering how other major technology … Read more
HCL Technologies announced a deal to acquire assets of Hewlett Packard Enterprise’s Communications Technology Group (CTG) for $225 million in cash. This acquisition includes approximately 1,500 employees and 700 contractors with expertise in engineering services for the telecommunications industry across various countries. The agreement aims to strengthen HCLTech’s presence in the telecom sector by expanding … Read more
Nutanix and EnterpriseDB have expanded their partnership to support PostgreSQL for transactional, analytical, and artificial intelligence workloads. The collaboration aims to combine the automation features of Nutanix’s database service with the high performance and security of EDB, in order to make PostgreSQL adoption easier in on-premises data centers and public clouds. This partnership was announced … Read more
Nvidia CEO Jensen Huang believes that there is a growing demand for generative AI training. According to Huang, the need for this technology is increasing at a rapid pace. Article Source https://www.axios.com/2024/05/22/nvidia-earnings-report-q1-fy25
NVIDIA (NVDA) surprised investors with its fiscal 2025 first-quarter results, reporting adjusted earnings per share of $6.12 compared to the Street estimate of $5.65. Revenue of $26.04 billion exceeded the Bloomberg consensus of $24.69 billion, a 262% increase from the previous year. Data center revenue also saw significant growth, rising 427% year-over-year to $22.6 billion, … Read more