VMware Explore on generative AI and multi-cloud innovation | TechTarget

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This year’s VMware Explore conference kicked off with a big announcement. In the keynote address Hock Tan, Broadcom CEO, announced that Broadcom would be investing $2 billion into VMware. Half of this money will be allocated to research and development. When you look at VMware’s current R&D investment levels, this would add an additional 30% to its current R&D spending.

Since the acquisition’s announcement in May 2022, many IT industry observers have speculated about what Broadcom…



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