US stock futures stagnant following Nvidia downturn; Attention shifts to inflation

US stock futures stagnant following Nvidia downturn; Attention shifts to inflation

U.S. stock index futures were relatively flat on Monday as technology stocks, particularly Nvidia, saw widespread selling. Wall Street indices were impacted by losses in chip manufacturing stocks, with Nvidia falling 6.7% and other companies like Broadcom, Taiwan Semiconductor Manufacturing, and Qualcomm also seeing declines. Micron Technology fell ahead of its quarterly results release. Technology … Read more

Microscope: HPE Shifts Focus to Empower Channel Partners to Sell AI

Microscope: HPE Shifts Focus to Empower Channel Partners to Sell AI

During the Partner Growth Summit, HPE focused on artificial intelligence (AI) and introduced new competencies partners can acquire to enhance their abilities in the technology. The event marked a shift from previous years, where the vendor had launched the Partner Ready Advantage program covering computing, AI, hybrid cloud, and edge activities. Now, the spotlight is … Read more

Ola Shifts Workload from Microsoft Azure to ‘Krutrim’ Own Cloud Platform amid LinkedIn Controversy

Ola Shifts Workload from Microsoft Azure to ‘Krutrim’ Own Cloud Platform amid LinkedIn Controversy

Bhavish Aggarwal, the founder of Ola, recently announced that the ride-hailing platform has moved its entire workload from Microsoft Azure cloud service to its own ‘Krutrim’ cloud. This decision came after Aggarwal had a negative experience with Microsoft-owned professional network LinkedIn. He expressed his frustration when LinkedIn removed his posts without informing him, which led … Read more

Ola shifts all workload from Microsoft Azure to its own Cloud in the midst of LinkedIn controversy – www.lokmattimes.com

Ola shifts all workload from Microsoft Azure to its own Cloud in the midst of LinkedIn controversy – www.lokmattimes.com

Ola founder Bhavish Aggarwal announced on Wednesday that the entire workload of the ride-hailing platform has been shifted from Microsoft Azure cloud service to its own cloud ‘Krutrim’. This decision was made following a frustrating experience Aggarwal had with Microsoft-owned professional network LinkedIn. In a post on social media platform X, Aggarwal confirmed that the … Read more

IBM shifts its focus to code generation using open-source Granite generative AI models

IBM shifts its focus to code generation using open-source Granite generative AI models

IBM Corp. reaffirmed its commitment to advancing generative artificial intelligence by introducing updates to its Watsonx platform, including a new set of open source Granite models. The company also launched InstructLab, an initiative aimed at accelerating contributions from the open source community to enhance generative AI development. CEO Arvind Krishna emphasized the importance of open … Read more

Broadcom’s Acquisition of VMware Shifts Infrastructure Software Market: Nutanix Emerges as Beneficiary

Broadcom’s Acquisition of VMware Shifts Infrastructure Software Market: Nutanix Emerges as Beneficiary

Broadcom’s Acquisition of VMware Shifts Infrastructure Software Market: Nutanix Emerges as Beneficiary The landscape of the infrastructure software space is undergoing a notable shift, following Broadcom’s acquisition of VMware. According to analyst Jason Ader, Nutanix stands to be a significant beneficiary of this turn of events. Nutanix’s Cloud Platform and Acropolis Hypervisor (AHV) are expected … Read more