Nvidia’s market value continues to climb, making it the world’s most valuable company as it surpasses Microsoft. The semiconductor leader’s shares rose by 3% before the bell on Thursday, adding over $92 billion to its already impressive $3.34 trillion market capitalization. Partners Dell and Super Micro Computer received orders for servers from Elon Musk’s artificial … Read more
Hewlett Packard Enterprise is partnering with Nvidia to strengthen its position in the artificial intelligence race, unveiling plans to launch a portfolio of generative AI solutions. This collaboration will provide enterprise customers with AI hardware and software tools developed by both companies, along with consulting services for successful AI integration. The move is aimed at … Read more
Adam Selipsky, the CEO of AWS, has announced his departure from the company after 14 years to spend more time with his family. In a memo to employees, Selipsky expressed confidence in the leadership team and the future of the cloud business. He will be replaced by Matt Garman, an 18-year veteran of Amazon who … Read more
A position trader has managed to make a profit of $13.2 million (345%) in seven months by buying and holding the cryptocurrency RNDR, which has been dubbed the “NVIDIA of cryptography” due to its decentralized GPU rendering network. According to SpotOnChain, the trader started with a purchase of 1.69 million RNDR on Coinbase in November, … Read more
Two financial experts, Jim Lebenthal and Bill Baruch, appeared on CNBC’s “Halftime Report” to discuss their recent activities in the market. Lebenthal and Baruch shared insights on their latest operations and provided valuable commentary on current market trends and strategies. Their discussion on the show highlighted their expertise and offered viewers a glimpse into their … Read more
Rob Duhart has taken on the role of senior vice president of cloud security at Oracle Cloud, as announced on LinkedIn. He expressed his excitement about joining the Oracle team and highlighted his admiration for the leadership team. Duhart is known for his servant-first leadership style and commitment to building top-notch information security programs and … Read more
Hewlett Packard Enterprise (HPE) has recently appointed Michael Bernhardt as the new vice president of global distribution, following the departure of Simon Ewington from the role. Bernhardt’s promotion comes from within the company, highlighting HPE’s commitment to promoting talent from within its ranks. Bernhardt will now be responsible for overseeing HPE’s global distribution operations and … Read more
Oak Hill Wealth Advisors LLC decreased its stake in NVIDIA Co. (NASDAQ:NVDA) by 14.8% in the fourth quarter, selling 339 shares and leaving them with 1,955 shares worth $968,000. Other major investors also made changes to their positions in NVIDIA, such as LFA Lugano Financial Advisors SA acquiring a new position valued at $28,000 and … Read more
David Scott, former CEO of 3PAR during its acquisition by HPE, has joined the board of directors at Cloudian. Cloudian is an independent object storage startup, along with MinIO and Scality. The landscape of object storage has changed significantly since 2011, with major storage vendors acquiring most startups in this space. This leaves Cloudian with … Read more
The head of Amazon.com’s highly profitable Amazon Web Services (AWS) cloud computing unit, Adam Selipsky, will be stepping down next month after a three-year tenure. He will be leaving the company on June 3 and will be replaced by Matt Garman, a senior vice president who has overseen Sales and Marketing in AWS. During his … Read more