Broadcom stock spikes to new yearlong high

Broadcom stock spikes to new yearlong high

Hock Tan, CEO of Broadcom. Martin H. Simon | Bloomberg | Getty Images Broadcom shares jumped 9% Monday after Citigroup resumed its coverage of the stock with a buy rating and updated its price target to $1,100. Shares closed at $1,029.24, its highest price in a year. Citigroup said it resumed its coverage of the … Read more

Can Nutanix benefit from cloud and AI investments in 2024?

Can Nutanix benefit from cloud and AI investments in 2024?

2024 could be a profitable year for Nutanix. The company could see increase in customers, especially those choosing to opt out from VMware. Nutanix believes it has the cloud and AI solutions to pick up VMware business from companies looking to use the hybrid multicloud.  As organizations look to build, deploy and manage more applications … Read more

VMware integrates modern AI to its Anywhere Workspace platform

VMware integrates modern AI to its Anywhere Workspace platform

Cloud computing company VMware has integrated artificial intelligence (AI) capabilities in its Anywhere Workspace platform that will automatically optimize employee experience, drive new vulnerability management use cases, and simplify application lifecycle management. The announcement was made at VMware Explore 2023 Las Vegas, held from August 21 to 24. As per a company statement, Anywhere Workspace … Read more

Rubrik Brings Power of AI to VMware Customers to Accelerate Cyber Recovery

Rubrik Brings Power of AI to VMware Customers to Accelerate Cyber Recovery

LAS VEGAS, Aug. 21, 2023 (GLOBE NEWSWIRE) — Rubrik, the Zero Trust Data Security™ Company, today announced new generative AI capabilities for VMware customers through Rubrik AI-Powered Cyber Recovery. Leveraging generative AI and large language models (LLMs), this new solution is designed to help administrators navigate difficult tradeoffs in the aftermath of… Source link