Cisco’s ‘savvy’ CoreWeave deal will supercharge its AI ambitions

Cisco’s ‘savvy’ CoreWeave deal will supercharge its AI ambitions

Cisco’s investment in CoreWeave could mark a major step in the tech giant’s aggressive AI push, analysts have told ITPro. Reports emerged last week that Cisco plans to invest in CoreWeave in a deal that will see the GPU firm valued at $23… Article Source https://www.itpro.com/business/business-strategy/ciscos-savvy-coreweave-deal-will-supercharge-its-ai-ambitions

Citrix Inks Deal With Arrow To Provide More Resources To Smaller Partners

Citrix Inks Deal With Arrow To Provide More Resources To Smaller Partners

The goal of the partnership is to ensure Citrix Service Provider partners ‘have the level of coverage, service, technical support, so on and so forth that they need to be effective in their business and maintain flexibility in… Article Source https://www.crn.com/news/cloud/2024/citrix-inks-arrow-deal-to-provide-more-resources-to-smaller-partners

Deutsche Bank starts HPE coverage at Hold, flags execution risk amid Junpier deal By Investing.com

Deutsche Bank starts HPE coverage at Hold, flags execution risk amid Junpier deal By Investing.com

Investing.com — Deutsche Bank analysts on Tuesday initiated research coverage of Hewlett Packard Enterprise (NYSE:) with a Hold rating and a $22 price target. Despite several potential upsides, the bank’s analysts have concerns about the… Article Source https://www.investing.com/news/stock-market-news/deutsche-bank-starts-hpe-coverage-at-hold-flags-execution-risk-amid-junpier-deal-3655247

Arrow and Citrix ink distribution deal

Arrow and Citrix ink distribution deal

As part of the agreement, Arrow will assume responsibility for sales, marketing and technical support for all service provider channel partners consuming fewer than 2,000 Citrix licenses across both North America and Europe. The arrangement will… Article Source https://evertiq.com/news/56310

Nutanix raises revenue notwithstanding large deal pushout – Blocks and Files

Nutanix raises revenue notwithstanding large deal pushout – Blocks and Files

Nutanix beat the street with its latest results driven by a strong contract renewals performance and increased sales in its customer base, despite large deals taking longer to close. Revenues in its fourth fiscal 2024 quarter, ended July 31, were $548 million, a 21 percent annual increase, and a loss of $126.1 million mainly due … Read more

Larry Ellison’s family set to invest $6 billion in Paramount deal – Axios

Tech billionaire Larry Ellison’s family has recently made a significant investment of $6 billion in a deal with Paramount Pictures. The Ellison family, known for their wealth and influence in the tech industry, has now ventured into the entertainment sector with this substantial financial commitment. The deal, which was reported by Axios, showcases the Ellison … Read more