firms

Palantir and Oracle collaborate to provide Karp firm’s technology on Oracle’s cloud platform

by
Palantir and Oracle collaborate to provide Karp firm’s technology on Oracle’s cloud platform

Palantir and Oracle have announced a partnership that will allow Palantir to offer its Foundry platform and artificial intelligence platform on the Oracle Cloud Infrastructure platform. This collaboration aims to provide Palantir’s technology on Oracle’s various cloud deployment options and offer AI infrastructure, distributed cloud, and sovereign AI capabilities to support Palantir’s AI and data … Read more

Legacy software firms like SAP, Oracle, and IBM experience record valuations due to the influence of ‘Cloud and AI’, says TechCrunch

by
Legacy software firms like SAP, Oracle, and IBM experience record valuations due to the influence of ‘Cloud and AI’, says TechCrunch

Las empresas de software tradicionales como SAP, Oracle e IBM están experimentando un aumento en sus valoraciones en el mercado, mostrando un crecimiento significativo en los últimos años. SAP, con su enfoque en la transición a la nube y la incorporación de IA en sus servicios, ha experimentado un considerable aumento en su valoración, al … Read more

Opportunity: Intel Leads Western Firms in Advanced Silicon Chip Manufacturing

by
Opportunity: Intel Leads Western Firms in Advanced Silicon Chip Manufacturing

The chip industry is currently experiencing a golden age, with silicon becoming as important as oil in today’s consumer products. The market value of the chip industry in 2022 was approximately $574 billion, and it is projected to reach $1 trillion by 2030. This growth is evident across all sectors, making silicon chips essential in … Read more

Intel seeks funding from private equity firms for expansion of its foundry operations.

by
Intel seeks funding from private equity firms for expansion of its foundry operations.

Intel is investing billions of dollars in expanding its semiconductor manufacturing facilities to become a leading semiconductor foundry company. The company is shifting its strategy to not only produce chips for its own use but also for other companies. This move involves a significant investment of over $100 billion in the United States and an … Read more

US antitrust regulators to probe top AI firms Microsoft, Nvidia, and OpenAI

by
US antitrust regulators to probe top AI firms Microsoft, Nvidia, and OpenAI

Antitrust authorities in the US have set their sights on investigating the roles of Microsoft, Nvidia, and OpenAI in the artificial intelligence industry. The Justice Department is targeting chipmaker Nvidia, while the Federal Trade Commission is looking into Microsoft and OpenAI, the creator of ChatGPT. This move comes in the wake of President Joe Biden’s … Read more

Analysts: HCLTech’s Acquisition of HPE Unit to Provide Access to Global Telecom Firms

by
Analysts: HCLTech’s Acquisition of HPE Unit to Provide Access to Global Telecom Firms

HCL Technologies Ltd. has announced the acquisition of certain businesses from the Communication Technology Group, a unit of Hewlett Packard Enterprise. The acquisition will provide HCL with access to the top 20 global telecommunications service providers, as well as intellectual property assets, engineering, and research and development talent. The cash consideration for the acquisition is … Read more

Hosting firm’s VMware ESXi servers hit by new SEXi ransomware

by
Hosting firm’s VMware ESXi servers hit by new SEXi ransomware

Update 4/5/24: More information added about discovered Windows encryptors. Chilean data center and hosting provider IxMetro Powerhost has suffered a cyberattack at the hands of a new ransomware gang known as SEXi, which encrypted the company’s VMware ESXi servers and backups. PowerHost is a data center, hosting, and interconnectivity company with locations in the USA, … Read more