AI is becoming increasingly important in the computing world and is making headlines at the Microsoft Build event this week. One key announcement focuses on the future of Intel’s Lunar Lake CPU range, set to be released in the third quarter of this year. Intel plans to integrate Lunar Lake into over 80 laptop designs … Read more
Cloud Software Group Inc., the parent company of Citrix Systems Inc., recently raised funds from investors for the third time in just six months. This move was aimed at paying off higher-interest debts, as part of a trend where many companies are seizing the opportunity presented by favorable credit conditions to secure necessary cash. The … Read more
/cdn.vox-cdn.com/uploads/chorus_asset/file/25456990/intel_lunar_lake_chipjpg.jpeg?w=1200&resize=1200,628&ssl=1 "Intel announces new Lunar Lake chip for AI PCs, expected to launch later this year")
Intel has introduced its Lunar Lake processors, which are said to offer 1.4 times faster performance in Stable Diffusion 1.5 compared to Qualcomm’s Arm-based Snapdragon X Elite chips. Microsoft recently showcased Copilot Plus PCs at their Surface and AI event, utilizing Qualcomm’s Snapdragon X Elite and Plus chips for high performance and longer battery life. … Read more
Hewlett Packard Enterprise (HPE) showcased a blade server from its upcoming El Capitan supercomputer at the ISC High Performance event in Hamburg, Germany. The blade server, called the HPE Cray Supercomputing EX255a accelerator blade, features AMD’s new Instinct MI300A AI accelerator and is housed in a single-slot 1U blade chassis. Despite its compact size, the … Read more
The sixth annual AWS Life Sciences Leaders Symposium took place in Boston, attracting over 450 executives from 240 top life sciences organizations. The event focused on leveraging generative AI, machine learning, and data analytics on AWS to revolutionize drug discovery and clinical development. Key themes of the event included the deployment of generative AI in … Read more
In recent news, Cloud Software Group Inc., the parent company of Citrix Systems Inc., has turned to investors for the third time in six months in order to pay off more expensive debts. This move comes as many riskier borrowers are taking advantage of favorable credit conditions to raise funds. The private equity firm initially … Read more
PALO ALTO, Calif., April 09, 2024 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ: AVGO) today announced that it has received 2024 Google Cloud Technology Partner of the Year awards for Infrastructure in the categories of Networking and Virtualization. Broadcom, including the recently acquired VMware, Inc., is being recognized for the company’s achievements in the Google Cloud … Read more
PALO ALTO, Calif., April 09, 2024 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ: AVGO) today announced that it has received 2024 Google Cloud Technology Partner of the Year awards for Infrastructure in the categories of Networking and Virtualization. Broadcom, including the recently acquired VMware, Inc., is being recognized for the company’s achievements in the Google Cloud … Read more
Mark Brazeal, Broadcom’s chief legal and corporate affairs officer, saw his compensation jump 12%, to $15.5 million, in 2023, a frenzied year for the semiconductor and software firm’s legal team. In May 2022, San Jose, California-based Broadcom announced it was paying $61 billion to buy the cloud computer firm VMware, a transaction that received intense regulatory scrutiny … Read more
Broadcom has told investors its strategy of forcing VMware customers to buy only big bundles of software will see revenue increase by “double-digit percentage sequentially, quarter over quarter, through the rest of the fiscal year.” Speaking on Broadcom’s Q1 2024 earnings call, president and CEO Hock Tan said “This is simply a result of our … Read more