Nvidia’s earnings surpassed expectations, leading to a 7% increase in the stock price. The company also announced a 10 for 1 stock split for current shareholders, set to take effect on June 7. A stock split is when a company divides each share into a set number of shares, maintaining the total value of each … Read more
Amazon’s cloud computing division AWS has announced a significant investment of €15.7 billion ($17 billion) to expand its data centers in the Spanish region of Aragon, extending its commitment to the country until 2033. This move aligns with AWS’s strategic expansion efforts across Europe, following similar initiatives in Germany and France. The investment in Aragon … Read more
Microsoft is developing AI computing resources for a LinkedIn “copilot” as part of its ongoing efforts to enhance artificial intelligence capabilities. An internal document reveals that LinkedIn is among the existing co-pilots for services like GitHub and Azure, signaling potential expansion of AI tools within the professional networking platform. The growth of generative AI technology … Read more
Google is preparing to build a new submarine fiber optic cable named “Umoja,” which will connect Africa and Australia. This move comes as major cloud hyperscalers, including Google, AWS, and Microsoft’s Azure, compete for commercial dominance in the market. Google’s decision to build this cable is seen as a response to widespread connectivity issues in … Read more
NVIDIA reported first-quarter earnings that exceeded expectations, accompanied by a 10-for-1 stock split and a higher dividend. The company’s adjusted earnings per share were $6.12 with revenue of $26 billion, representing significant increases from the previous year. Analysts expected earnings per share of $5.65 on revenue of $24.69 billion. The company also announced a revenue … Read more
Amazon’s cloud computing division, AWS, announced a significant investment of 15.7 billion euros in data centers in the Aragon region of northeastern Spain. This investment is expected to create around 17,500 indirect jobs in local companies and contribute 21.6 billion euros to Spain’s GDP by 2033. The Spanish Minister of Digital Transformation, José Luis Escrivá, … Read more
Tech giant Amazon’s cloud computing unit, Amazon Web Services (AWS), has announced a major investment of 15.7 billion euros ($17.02 billion) in data centers in the Spanish region of Aragon. This move is part of AWS’s updated growth plan in Spain. The investment highlights Amazon’s commitment to expanding its cloud computing services in Europe, with … Read more
Microsoft has announced that it will begin phasing out VBScript by the second half of 2024, eventually removing it completely. VBScript will be available as a feature on demand until it is fully removed. This decision comes as technology has evolved, offering more powerful scripting languages like JavaScript and PowerShell which are better suited for … Read more
NVIDIA is expected to see a surge in the adoption of their Blackwell GB200 AI servers, with projections indicating that 2 million units will be shipped by the year 2025. This growth is fueled by a shift to a new packaging technology called PFLO, which is set to address supply chain bottlenecks that have hindered … Read more
Amazon’s cloud computing division, AWS, has announced a significant investment of 15.7 billion euros ($17 billion) in data centers in the Aragon region of northeastern Spain by 2033. This investment is expected to create around 17,500 indirect jobs in local companies and contribute 21.6 billion euros to Spain’s gross domestic product over the specified period. … Read more