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
Micron forecasts strong Q1 results amid demand for AI chips
OUR TAKEMicron Technology has done better than expected on Wall Street by forecasting record first-quarter revenue of around $8.7 billion, driven by soaring demand for its high-bandwidth memory (HBM) chips, which are crucial for AI applications. Micron’s stock shot up by nearly…
Global Cloud Services Trends
Factbox-Meta’s top five announcements at ‘Connect’ event
OUR TAKEMeta has made some big moves in mixed reality and augmented reality tech. At its annual “Connect” conference, it showed off an affordable mixed reality headset and the Orion augmented reality glasses. These new devices show that Meta is serious about making advanced tech…
Global Cloud Services Trends
Nebius plans over $1B AI infrastructure boost
By focusing on GPU capacity and infrastructure, Nebius positions itself as a key player in the burgeoning AI market.
Global Cloud Services Trends
OrionCom: Full net services for high-speed internet in DRC
OrionCom delivers high-speed Internet and advanced IT solutions nationwide, ensuring exceptional service quality and support with over 20 years of experience.
Global Cloud Services Trends
CrowdStrike apologises for global IT outage caused by update
CrowdStrike’s software update caused a global IT outage in July, leading executive Adam Meyers to promise improved procedures to prevent future incidents.
Global Cloud Services Trends
Dagestan seeks stricter measures against crypto miners
Dagestan calls for stricter measures against crypto miners causing outages, as they build underground facilities to evade laws.
Global Cloud Services Trends
Meta opts out of EU’s AI pact before new laws
Meta won’t immediately join the EU’s AI Pact, opting instead to focus on complying with the upcoming AI Act.
Global Cloud Services Trends
Interview with Jing Tao, co-founder of Great Filter Venture: The path to venture investing
Jing Tao, co-founder of Great Filter Venture, shares investment philosophy and advises entrepreneurs on focus and practical execution.
Global Cloud Services Trends
Israeli cyber startup Torq secures $70M to enhance AI-driven cybersecurity
Israeli startup Torq raised $70 million in its second funding round this year, aiming for $100 million in annual recurring revenue by 2026.
Global Cloud Services Trends
Exclusive Interview: How Silicon Intelligence revolutionises remembrance with AI avatars
In the exclusive interview with a brand manager at Silicon Intelligence, he discusses how it is revolutionising the way we memorialise loved ones by developing AI avatars that preserve the essence of those who have passed away. The company, inspired by a personal story of loss…
Global Cloud Services Trends
OpenAI rolls out new voice assistant to all paid ChatGPT users
OUR TAKEOpenAI has rolled out a new voice assistant feature to all paid ChatGPT users, building on the advanced voice mode it first teased earlier in the year. The voice assistant is now available to ChatGPT Plus and ChatGPT Team subscribers. It makes the AI more interactive, but…
Global Cloud Services Trends
AI model is better at pricing currencies than humans, says ING
OUR TAKEING Groep NV, a Dutch multinational banking and financial services company, has introduced a new AI model using reinforcement learning to handle currency pricing, which has traditionally been done by human traders. The model has shown it can do the job much more…
Global Cloud Services Trends
Dagestan urges crackdown on illegal crypto-mining amid power outages
OUR TAKEThis highlights the growing global issue of cryptocurrency mining’s impact on energy infrastructure. In Dagestan, illegal mining is causing power outages, which disrupts daily life and strains public utilities. Additionally, the upcoming “new regulations in Russia” signal…
Global Cloud Services Trends
‘Terminator’ director James Cameron joins Stability AI’s board in major industry move
OUR TAKEThis marks a significant collaboration between a visionary filmmaker, James Cameron, and an influential AI company, Stability AI. Cameron’s involvement signals the growing convergence of artificial intelligence and creative industries like filmmaking, potentially…
Global Cloud Services Trends
Top tech news stories today: September 25, 2024
Fintech 1. Bankman-Fried’s ex-girlfriend Ellison gets two-year sentence over crypto fraud Ellison accepted a plea deal to charges of conspiracy and financial fraud in December 2022, a month after FTX spiraled into bankruptcy. (NBC News) 2. Wall Street watchdog faces bipartisan…
Global Cloud Services Trends
SoiLabs leads the future of sustainable food production
OUR TAKEIn this exclusive interview with Mauro Catellani, his insights indicate that in an era where sustainability is paramount, SoiLabs stands out as a beacon of innovation. The company’s unique fermentation technology is reshaping our understanding of waste, turning what was…
Global Cloud Services Trends
Letta emerges with groundbreaking AI memory solutions, championing open-source innovation
OUR TAKELetta, an AI startup from UC Berkeley, has launched with technology that helps AI models remember users and conversations, securing $10 million in seed funding and positioning itself as an open-source alternative to established players like OpenAI in the AI agent…
Global Cloud Services Trends
Intel’s stock rises on Apollo investment hints and Qualcomm merger talks
OUR TAKEIntel’s stock rose after reports of a potential $5 billion investment from Apollo Global Management and ongoing discussions about a possible takeover by Qualcomm. Despite this positive news, Intel continues to face challenges in the competitive AI chip market, with its…
Global Cloud Services Trends
UN experts call for global AI framework to promote equity
OUR TAKEThe proposal for a “global AI capacity development network” aims to provide essential resources and datasets to researchers worldwide, addressing disparities in access. Emphasising adherence to international human rights law ensures ethical considerations remain…
Global Cloud Services Trends
Microsoft promotes responsible AI with 2 new data centres
OUR TAKEThis news marks a significant step in promoting responsible AI, particularly in underserved areas like the Global South. Microsoft’s partnership with G42 to establish data centres focused on ethical AI development is commendable.The aim to develop large language models…