Intel Says It Won’t Compete With NVIDIA In AI Market, Shifts Focus Towards Bringing Cost-Effective AI Solutions With Gaudi 3

Intel Says It Won’t Compete With NVIDIA In AI Market, Shifts Focus Towards Bringing Cost-Effective AI Solutions With Gaudi 3

Intel has given up the AI race with NVIDIA & is now in pursuit of launching cost-effective solutions with its new Gaudi 3 AI offerings. Intel’s Gaudi 3 AI GPUs Will Feature Industry-Leading Performance-Per-Dollar Value, But… Article Source https://wccftech.com/intel-gives-up-ai-race-nvidia-shifts-focus-towards-cost-effective-ai-solutions-gaudi-3/

Another major Google reorg shifts its AI teams around

Another major Google reorg shifts its AI teams around

What you need to know Google’s CEO Sundar Pichai announced the company’s second reorganization of 2024 as its AI teams shift to new teams. The Gemini app team will move under the Google DeepMind team, while those involved with the Assistant will… Article Source https://www.androidcentral.com/apps-software/google-second-reorg-gemini-assistant-moves

Google shifts Gemini app team to DeepMind

Google shifts Gemini app team to DeepMind

(Reuters) – Alphabet’s Google said on Thursday it will move the team behind the Gemini app to its artificial intelligence research lab DeepMind as the search giant looks to streamline its structure and better position itself in the generative AI… Article Source https://finance.yahoo.com/news/google-shifts-gemini-app-team-180849405.html

Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity

Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity

Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial… Article Source https://apnews.com/article/cisco-job-cuts-technology-layoffs-78ad036870555f53fe03739cf1ae76f9

Australian intelligence agency shifts intelligence data to cloud platform in partnership with Amazon – Reuters.com

The Australian spy agency has recently made a strategic move to transfer its intelligence data to the cloud as part of a new partnership with Amazon. This decision marks a significant shift in the way the agency handles its sensitive information, showcasing a growing trend among government agencies towards utilizing cloud services for storage and … Read more

New IBM Study Reveals Shifts in Fan Engagement and Sports Consumption, Pointing to Opportunities for Technology Integrations such as AI

New IBM Study Reveals Shifts in Fan Engagement and Sports Consumption, Pointing to Opportunities for Technology Integrations such as AI

A recent study commissioned by IBM revealed that international sports fans are optimistic about the impact of technologies like AI on their digital sports experiences. Real-time updates and personalized content are among fans’ top priorities in enhancing their engagement with sporting events. Younger sports fans are leading the shift towards AI-powered experiences and digital platforms … Read more

VMware’s Strategic Market Shifts in Turbocharging Hybrid Cloud Solutions

VMware’s Strategic Market Shifts in Turbocharging Hybrid Cloud Solutions

Broadcom Inc.’s acquisition of VMware has led to rapid and effective integration in the cloud infrastructure landscape, focusing on hybrid cloud solutions and generative AI. This collaboration has driven innovation, optimized product offerings, and transformed VMware‘s licensing and subscription models. Krish Prasad, Senior VP at Broadcom, highlights VMware‘s position in delivering comprehensive and flexible cloud … Read more

What’s happening with Nvidia’s stock as all attention shifts towards it?

What’s happening with Nvidia’s stock as all attention shifts towards it?

Nvidia’s recent stock market value decline has caused concern as the company lost its position as the most valuable stock on Wall Street. Nvidia’s shares fell nearly 13% in just three days, trailing behind Microsoft and Apple in market value. The company’s size has made its stock movements highly influential in the S&P 500 and … Read more

Broadcom Stock Drops as Momentum Shifts – Important Price Levels to Monitor

Broadcom Stock Drops as Momentum Shifts – Important Price Levels to Monitor

Broadcom shares fell nearly 4% on Monday, along with other chipmakers, as investors booked profits in top-performing stocks riding the AI wave. Momentum shifted last Tuesday with a new high followed by a sell-off, evident in three red bars with high volume. Key retracement levels to watch are $1,410, $1,225, $1,150, and $1,000. Look for … Read more