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
The Future of Banking in a Digital World
Fintech, short for financial technology, began growing rapidly in the early 2000s. By 2017, 64% of global customers used fintech platforms to manage assets and make transactions online. After the 2008 financial crisis, traditional banks struggled to meet regulations and adapt to…
Global Cloud Services Trends
Intel’s AI-chip aspirations dim amidst competitive storm
What happened Intel‘s upbeat revenue forecast on Oct. 31 masked a pain point for the beleaguered company: its claimed artificial intelligence chip, the Gaudi accelerator chip, did not meet sales expectations. Intel scrapped the $500 million Gaudi chip sales forecast for 2024.…
Global Cloud Services Trends
Walt Disney unleashes AI and AR: A new era begins
What happened Walt Disney has officially launched a new business unit focused on integrating AI and AR into its diversified operations. According to an email seen by Reuters on Friday, the newly created technical support office will be led by Jamie Voris, who previously oversaw…
Global Cloud Services Trends
Apple to offer free repairs for iPhone 14 Plus camera issues
What happened Apple Inc. has unveiled a new service plan that offers complimentary repairs for the rear camera preview issue affecting certain iPhone 14 Plus devices. According to Apple’s service programme page, the affected devices were produced between 10 April 2023 and 28…
Global Cloud Services Trends
Apple acquires Pixelmator to boost its photo editing features
What happened Pixelmator announced on Friday that it is being acquired by Apple. Regulatory authorities still need to approve the acquisition, and the company has not disclosed the specific financial terms. Entrepreneurs founded Pixelmator in 2007, and they headquartered the…
Global Cloud Services Trends
How motion capture brings virtual idols to life
Motion capture refers to the technique of recording and processing the movement of a person or other entity.
Global Cloud Services Trends
NTT and Toyota invest $3.3B in AI autonomous driving technology
What happened Japanese tech giant NTT and automaker Toyota Motor Corporation have jointly announced an investment of 500 billion yen (approximately £3.3 billion) to develop AI-driven autonomous driving technology, aiming to eliminate traffic accidents and enhance road safety.…
Global Cloud Services Trends
OpenAI enhances ChatGPT features to challenge Google Search
What happened The artificial intelligence company OpenAI has introduced a new search feature in its popular chatbot, ChatGPT, called ChatGPT Search. Aimed at providing a web-like search experience and delivering responses with citations from authoritative data sources, this…
Global Cloud Services Trends
Why is Advantest raising its profit forecast so boldly?
What happened Japanese test equipment manufacturer Advantest Corporation announced on Wednesday that it has raised its operating profit forecast by 20% to 100 billion yen (about 635 million dollar) for fiscal year 2024. The decision comes as AI-related chips are widely tested for…
Global Cloud Services Trends
NVIDIA AI acquisition faces EU scrutiny over competition concerns
The proposed NVIDIA AI acquisition of Run:ai, announced in April, aims to enhance Nvidia’s capabilities in managing and optimising artificial intelligence infrastructure. However, this acquisition has drawn the attention of EU antitrust authorities, who are particularly vigilant…
Global Cloud Services Trends
Top tech stories today: November 1, 2024
Top tech stories today: Google Maps adds AI features, Ford pauses F-150 Lightning production, and OpenAI challenges Google’s search dominance, and more. 1. BlackRock requests SEC approval for ETF class BlackRock seeks permission from the SEC to offer ETF share classes of its…
Global Cloud Services Trends
What can we learn from Apple’s 250$ win of the watch patent lawsuit?
Apple recently won its patent lawsuit against Masimo, making headlines across all media platforms. I found the $250 award and the spokesperson’s statements—”we’re not here for money” and “stop copying our design”—especially intriguing. This portrayal makes Apple seem like an…
Global Cloud Services Trends
Citigroup partners with Google Cloud to modernise digital infrastructure
What happened Citigroup announced a multi-year partnership with Google Cloud to support its digital strategy using cloud technology and artificial intelligence (AI). The focus is on modernising Citigroup’s technology infrastructure and improving the experience of employees and…
Global Cloud Services Trends
Google’s AI-powered weather app is now available for older Pixels
What happened Google is pushing an AI weather application to older Pixel phones running Android 15 and equipped with the latest updates. The Google Weather app can extract saved locations from the built-in weather service already present on Pixel phones. As a result, users can…
Global Cloud Services Trends
Alphabet reports new Arm-based chip used in Spotify cloud
What happened Google Cloud, a division of Alphabet Inc., announced on Wednesday that Spotify and Paramount Global are utilizing its new chip. This chip, called Axion, is a central processing unit (CPU) developed with technology from Arm Holdings. Google has made the Axion chip…
Global Cloud Services Trends
Top tech stories today: October 31, 2024
Top tech stories today: Worldcoin’s iris-scanning innovation, Netflix’s earnings surpass targets, and Amazon AWS pushes return-to-office. 1. FTX deputy Nishad Singh faces sentencing Sam Bankman-Fried’s former FTX executive Nishad Singh awaits sentencing after cooperation in the…
Global Cloud Services Trends
NTT Data, Palo Alto Networks team up to advance cybersecurity AI
What happened NTT Data has reinforced its cybersecurity AI partnership with Palo Alto Networks, following their initial 2023 collaboration around the Managed Prisma solution. Now, the companies have unveiled Managed Extended Detection Response (MXDR) services, a new AI-powered…
Global Cloud Services Trends
Reddit in profit for the first time ever
What happened Reddit announces 2024 third quarter result, showing net profit of $29.9M first time ever in 19 years. Reddit’s income climbed by 68% year on year to $348.4 million, with ad revenue up 56% to $315.1 million and other revenue up 547% to $33.2 million.They also expect…
Global Cloud Services Trends
Top tech stories today: October 30, 2024
1. Brazil crypto imports rise 60% through September Brazil’s cryptocurrency imports surged by 60% through September, already surpassing the total for 2023. This marks a growing interest in crypto in Brazil. Watcher Guru 2. ConsenSys to lay off employees amid SEC pressures…
Global Cloud Services Trends
New iMac with M4 chip: More colors and improved performance
What happened Meet the new iMac with the M4 chip—it’s more powerful and comes in seven colors: green, yellow, orange, pink, purple, blue, and silver. It offers improved performance with an 8-core CPU and up to a 10-core GPU. The entry-level model is priced at $1,299 and comes…