Amazon stock recently failed to break above the $200 mark, despite historical success during Prime Day in July and positive market trends. The company has seen success in cost-cutting measures, Amazon Web Services, and as a major player in advertising. However, with rising valuation and limited upside potential, investing in Amazon may not be ideal … Read more
The AI in the cybersecurity market is experiencing rapid growth, with a valuation of $19.2 billion in 2022 expected to reach $154.8 billion by 2032, growing at a rate of 23.6% between 2023 and 2032. The services segment is expected to see the highest growth, driven by the increasing adoption of managed security services. AI … Read more
The upcoming Intel Core Ultra 200 “Arrow Lake-S” NPU is set to provide 13 TOPS of performance, with the entire platform offering up to 37 TOPS. This new processor is expected to deliver a significant boost in AI and machine learning capabilities. The NPU is slated to be a game-changer for various industries and applications … Read more
A former Oracle employee will be awarded $40 million for reporting his former company’s misconduct, resulting in the largest settlement ever under the False Claims Act related to a General Services Administration (GSA) contract. The False Claims Act allows private citizens to file lawsuits on behalf of the U.S. government and receive a portion of … Read more
Nutanix, Inc. (NASDAQ:NTNX) is viewed as a safe investment option with a mid-teens growth rate and substantial scale, making it attractive to investors. The company’s steady growth without requiring exceptional performance each quarter and its approximately $2.5 billion in forward run-rate revenues add to its stability and appeal. With a valuation of 31x next year’s … Read more
Nvidia’s stock has seen a significant drop, entering into correction territory just days after reaching a new high. The sudden decline has left investors concerned about the company’s future performance and raised questions about what may have caused this shift. Nvidia, known for its high-performance graphics processing units (GPUs) used in gaming, cryptocurrency mining, and … Read more
California legislators are making progress on a bill that would require big tech companies like Google to pay news outlets for the articles they distribute. Assembly Bill 886, also known as the California Journalism Preservation Act, cleared a critical hurdle when it was approved by the state Senate Judiciary Committee. The legislation aims to address … Read more
Cloudian recently secured $23 million in growth funding as demand for object storage continues to increase. The company’s HyperStore solution is seeing a 30 percent year-over-year increase in annual recurring revenue (ARR) and is being used for AI data lake storage. Cloudian has partnered with HPE to offer HyperStore as a GreenLake service, gaining four … Read more
According to recent reports, NVIDIA’s add-in-board (AIB) shipments have reached a market share of 88%, which is the highest it has been in two decades. This means that the majority of AIBs being shipped in the market are from NVIDIA, showing their dominance in the industry. This news comes as no surprise given NVIDIA’s reputation … Read more