In a recent report by the Ministry of Planning and Investment, it was revealed that major global companies like Intel, LG Chemical, AT&S, Samsung, and SMC are either choosing to invest in other countries instead of Vietnam or are not considering any new investments in the country. The ministry highlighted that Vietnam’s current investment support … Read more
IBM has acquired StreamSets and webMethods from Software AG for approximately €2.13 billion ($2.3 billion). The deal, announced late last year, has gained regulatory approval and adds data ingestion capabilities to IBM’s WatsonX AI platform and integration platform as a service (iPaaS) capabilities to its automation solutions. IBM now offers one of the most comprehensive … Read more
Amazon is embarking on a massive expansion of its data centers, with plans to spend more than $100 billion over the next decade. This move marks the beginning of what Amazon is calling its “vast expansion era” for data centers, important for the future of artificial intelligence (AI). As the global leader in cloud servers, … Read more
Amazon is planning to invest over $100 billion in new data centers over the next ten years. This significant investment is aimed at enhancing the company’s artificial intelligence infrastructure, as it aims to keep up with the growing demand for data center services. The Seattle-based tech giant is set to launch at least 216 data … Read more
Liberty Mutual has backed out of settlements following the overturning of a $1.6 billion judgment it was involved in underwriting. The judgment stemmed from a lawsuit between BMC Software and IBM, with Liberty and other insurers covering parts of the policy. The recent appellate decision in favor of IBM has caused repercussions in the industry, … Read more
Nvidia, a leading company in artificial intelligence chips, has experienced a historic fall in market value, losing $430 billion in just three days. This drop is the largest in history for any company, with more than half a trillion dollars vanishing since its peak last week. The CEO’s decision to sell $1 billion worth of … Read more
The European Union is looking into Microsoft’s $13 billion investment in OpenAI, specifically focusing on OpenAI’s exclusive use of Microsoft’s Azure cloud services. EU antitrust chief Margrethe Vestager is expected to investigate the matter further, questioning Microsoft’s competitors and customers about any exclusivity clauses. This scrutiny could potentially lead to formal investigations and possible fines … Read more
In 2024, the investment world is experiencing a surge in investments in exchange-traded funds (ETFs) due to a perfect storm of technological innovation and financial products. Three main factors driving this trend include the launch of Bitcoin ETFs, the growth of Nvidia in the artificial intelligence sector, and the widespread hype surrounding AI in the … Read more
The European Union regulators are set to make a decision on the proposed $14 billion acquisition deal between Hewlett Packard (HP) and Juniper Networks on August 1. The deal, which was announced earlier this year, has faced scrutiny from regulators over concerns about the potential impact on competition in the tech industry. The decision will … Read more
The global LoRa and LoRaWAN IoT market is expected to see significant growth in the coming years, with a projected increase from USD 8.0 billion in 2024 to USD 32.7 billion by 2029. This growth is attributed to factors such as the increasing demand for low-power, long-range connectivity, advancements in IoT technologies, and a focus … Read more