Global Cloud Services Trends
Global Cloud Services Trends
Cloud Service trend intelligence tracks cloud computing market trends, AI infrastructure demand, hybrid cloud adoption, edge deployment, platform competition, and data centre capacity pressure worldwide, giving readers a fuller view of the demand shifts, capacity constraints, platform strategies, capital timing, regulatory pressure, and operating assumptions behind the market.
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Global Cloud Services Trends
IPv6—The big shift no one’s rushing into
The debate over the necessity of IPv6 adoption is reigniting, with APNIC’s chief scientist, Geoff Huston, challenging the widely held belief that transitioning from IPv4 is essential for the future of the internet. Huston suggests that the internet has mostly relied on Content…
Global Cloud Services Trends
Western Digital Corp surpasses quarterly profit estimates
What happened Western Digital Corp surpassed Wall Street’s quarterly profit expectations on demand for its data-storage devices from cloud service providers, driving its stock up 9% in extended trading on Thursday, according to Reuters. Western Digital Corp’s adjusted earnings…
Global Cloud Services Trends
How exoskeleton technology will transform the future of work
I remember watching 127 Hours, a movie about a hiker trapped by a boulder in Bluejohn Canyon. To survive, he had to amputate his arm—a truly intense portrayal of resilience and determination. Aron faces excruciating pain and psychological pressure, remaining calm enough to make…
Global Cloud Services Trends
The downfall of 23andMe: What will happen to your data?
My experience with 23andMe It was at my college sophomore year 2020, I came across an advertisement online on social media about 23andMe. The ad shows the report of how their ancestry service tells you where you origin, I was quite curious and ordered a kit right away. The kit…
Global Cloud Services Trends
Perplexity AI raising new investment at $9B valuation
What happened According to the source, venture capital company Institutional Venture Partners (IVP), which also owns a board seat in the startup, is spearheading a fresh investment round for California-based Perplexity that is expected to raise $500 million. In January, the…
Global Cloud Services Trends
Fox Corp’s revenue soars: Political ads drive surge
What happened Fox Corp announced on Monday (Nov. 4) that its first-quarter revenue exceeded Wall Street expectations. According to data compiled by the London Stock Exchange, the company reported first-quarter revenue of $3.56 billion. That compares with expectations of $3.37…
Global Cloud Services Trends
Nvidia becomes the largest company in the world: AI takes over
What happened Nvidia surpassed Apple on Tuesday (Nov. 5) to become the world’s largest company. The company’s dominant position in the semiconductor industry, combined with its strategic focus on AI hardware, has put it ahead of Apple. This shift highlights, in part, the growing…
Global Cloud Services Trends
Why Palantir raises its revenue forecast for the third time
What happened Palantir Technologies on Monday (Nov. 4) raised its annual revenue forecast for 2024 for the third time. It is driven by strong demand for its AI data analytics solutions. The company now expects 2024 revenue to range from $2.805 billion to $2.809 billion. It is up…
Global Cloud Services Trends
Physical Intelligence shakes up AI robots with $400M raised
What happened Physical Intelligence, a startup that develops software for robots, announced on Monday that it raised $400 million. The funding came from Amazon‘s Jeff Bezos, OpenAI, and venture capital firms Thrive Capital and Lux Capital. The company is valued at $2 billion…
Global Cloud Services Trends
The New York Times beats revenue expectations with digital growth
What happened The New York Times on Monday (Nov. 4) reported third-quarter earnings that beat analysts’ expectations, thanks largely to the expansion of its digital offerings. The newspaper publisher reported earnings of 45 cents per share, excluding certain items. The results…
Global Cloud Services Trends
French families sue TikTok for failing to protect kids
What happened A group of French families has filed a lawsuit against TikTok, accusing the social media platform of failing to protect children from harmful content. The families claim that TikTok’s algorithms and content moderation practices are not sufficient to prevent the…
Global Cloud Services Trends
Demand for AI chips boosts Nvidia and TSMC’s market value in October
What happened With the surge in global demand for AI chips, Nvidia and TSMC experienced significant growth in their market capitalisation in October. Nvidia’s market value increased by 9.3%, reaching $3.26 trillion. Meanwhile, TSMC’s market value grew by 6.5%, reaching $832.8…
Global Cloud Services Trends
Apple invests $1.5B in Globalstar for iPhone satellite connectivity
What happened Apple revealed plans to invest $1.5 billion in satellite operator Globalstar to improve the emergency SOS and messaging features of iPhones in areas without cellular network coverage. This investment includes $400 million to purchase 400,000 Class B shares of…
Global Cloud Services Trends
One year on, is WeChat’s palm payment feature a success?
A year ago, WeChat Pay, developed by the Tencent team, launched the innovative palm payment feature. This technology uses “palm print + palm vein” dual-factor authentication. WeChat Pay aims to provide users with a contactless, highly convenient, and secure payment experience. In…
Global Cloud Services Trends
Nvidia CEO pinpoint the focus of advanced AI chip development with SK hynix
What happened Nvidia‘s CEO emphasized the importance of its relationship with SK Hynix to build more advanced AI accelerators, stating that “aggressive” development of enhanced high bandwidth memory (HBM) processors is required. Huang described SK hynix’s HBM development goal as…
Global Cloud Services Trends
Major Crypto firms launch new Global Dollar Network
What happened Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood have unveiled the Global Dollar Network. This network combines the power of major players to encourage stablecoin adoption on a global scale. It will utilize Paxos’ new stablecoin, the…
Global Cloud Services Trends
TouchDIVER Pro: haptic tech revolutionizing corporate training
What happened Against the backdrop of the rapid development of augmented reality (AR) and virtual reality (VR), WEART will introduce TouchDIVER Pro on November 30, bringing haptic XR interaction to today’s enterprises. The device is an advanced tactile glove designed to provide…
Global Cloud Services Trends
Gabor Cselle joins OpenAI for secretive new project
What happened Gabor Cselle, former CEO and co-founder of Pebble, announced in a post on X on November 2, 2024, that he had officially joined OpenAI. In the post, Cselle expressed his enthusiasm for his new role and promised to reveal more about his work in the future.…
Global Cloud Services Trends
Infineon unveils DEEPCRAFT to enhance Edge AI solutions
What happened Infineon Technologies has announced the launch of DEEPCRAFT, a new software brand focused on Edge AI and machine learning (ML). The DEEPCRAFT brand portfolio will include the existing edge AI software products DEEPCRAFT Studio and DEEPCRAFT Ready Models (previously…
Global Cloud Services Trends
Temera and Zakeke ignite shopping experience with 3D technology
What happened In the latest business update, Temera announced a strategic partnership with Zakeke, which will see Temera integrate Zakeke’s 3D technology and real-time customisation tools into its digital product passport. Officially launched in October 2024. This partnership…