A new coalition called Symbiosis has been announced, with corporate giants such as Google, Meta, Microsoft, and Salesforce pledging to purchase up to 20 million tons of high-quality, nature-based carbon removal credits by 2030. Nature-based carbon removal projects, such as restoring trees and mangroves in damaged ecosystems, are seen as an important tool in mitigating … Read more
Amazon Web Services (AWS) announced on Wednesday that it will be investing 15.7 billion euros ($17.02 billion) in data centers in Spain. The tech giant is expanding its cloud computing unit in an effort to further establish its presence in the region. The investment is a significant move for AWS as it seeks to meet … Read more
In today’s episode of “Asking for a Trend,” Yahoo Finance’s Julie Hyman and Josh Lipton focus on Nvidia (NVDA). Host Julie Hyman discusses the anticipation surrounding Nvidia’s earnings release, with investor expectations and market implications being key topics of discussion. Niles Investment Management Founder, Dan Niles, sheds light on the various drivers behind Nvidia’s success … Read more
The S&P 500 and Nasdaq closed at record highs before Nvidia’s first-quarter earnings report. The market has been influenced by AI technology and increased demand for data centers in the utility sector. AI has been a prominent theme in earnings reports across all sectors. Investors are eagerly waiting for Nvidia’s earnings, especially given the high … Read more
Artificial intelligence (AI) is revolutionizing the business sector, driving strategic initiatives and innovative approaches. IBM Corp. has been an early adopter of AI and is now positioning itself to lead in the current technological boom. Zeus Kerravala, director of ZK Research, emphasized the importance of integrating critical data and collaborating with open source technologies to … Read more
IBM has made significant announcements at its annual THINK conference, introducing new updates to its watsonx platform to make AI more accessible for businesses. CEO Arvind Krishna emphasized the importance of open innovation in AI, leading IBM to release advanced Code LLMs into open source and collaborate with Red Hat on InstructLab. The open-source Granite … Read more
Amazon Web Services is making a substantial investment of €7.8 billion in Europe to create a new European cloud region focused on data sovereignty. This investment is aimed at meeting the region’s strict data regulations, boosting local economies, and creating job opportunities. The new European Sovereign Cloud will be a separate cloud environment from the … Read more
When it comes to the world of cloud computing, Pure Storage Inc. is known for its emphasis on innovation and customer-centric solutions. At the recent VMware Explore event, Pure Storage made an announcement that could change how organizations navigate multicloud and hybrid cloud strategies. This development involves an expansion of Pure Storage’s partnerships and has … Read more
VMware Inc. acquired Carbon Black for around $2.1 billion in 2019. Back then, the intent was to strengthen its cloud-native security chops. Fast forward to today, and signals are emerging from VMware indicating a renewed emphasis on Carbon Black’s original value area, driving intrinsic security. VMware is also investing in the security, including growing and … Read more