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
OpenAI goes ‘Strawberry’, a new reasoning technology
OpenAI is projecting a groundbreaking plan called “Strawberry”, aiming to demonstrate advanced reasoning capabilities in its AI models,
Global Cloud Services Trends
ByteDance vs. EU: The gatekeeper battle lost in Court
The CJEU ruled on 17 July to reject ByteDance’s appeal against the EU’s decision to recognise it as a “gatekeeper”. The court said ByteDance met the DMA’s quantitative criteria of global market capitalisation, the number of users in the EU and the number of years since the…
Global Cloud Services Trends
Tech giants accused of using unauthorised YouTube transcripts to train AI models
OUR TAKEThe development of AI technology is certainly promising, but its creation and advancement are built on databases. The lack of transparency in these databases is bound to cause controversy. The affected parties and the infringing companies often hold conflicting views…
Global Cloud Services Trends
Amazon Prime Day sales up 12% in first 7 hours
OUR TAKEAmazon Prime Day 2024 started strong with a 12% increase in sales in the first seven hours compared to last year. The event, designed to attract new subscribers and ensure customer loyalty, presents a wide range of items from protein shakes to tech gadgets such as the…
Global Cloud Services Trends
Elon Musk relocates X and SpaceX headquarters to Texas
Elon Musk said he is moving the headquarters of X and SpaceX, from California to Texas, citing a newly gender identity law in California.
Global Cloud Services Trends
Alphabet plans to acquire cybersecurity startup Wiz for $23B
Alphabet is in advanced talks to acquire cybersecurity startup Wiz for $23B, a move that would mark its largest acquisition to date.
Global Cloud Services Trends
Docyt AI unveils world’s first AI bookkeeper ‘GARY’
Docyt AI, a pioneer in AI-powered accounting automation, has introduced GARY, the world’s first AI bookkeeper, currently in beta testing.
Global Cloud Services Trends
ASML Q2 profits and bookings surge on AI demand
ASML, the Dutch titan in semiconductor equipment, reported a robust second quarter of 2024 with a net profit of $1.74 billion on revenues of $6.76 billion, exceeding analyst predictions and showcasing a recovery despite annual declines.
Global Cloud Services Trends
Google-based GitLab ‘s $8B future: Datadog eyes giant acquisition
OUR TAKEIt looks like GitLab, that cool cloud-based dev tool provider, is getting some serious offers on the table. With Datadog, the cloud monitoring biggie, showing interest, it’s like a tech M&A drama in the making. But remember Slack’s $27.7 billion acquisition to Salesforce?…
Global Cloud Services Trends
Taboola scores major deal with Apple, shares surge by 11%
OUR TAKETaboola landing that Apple partnership is huge news. It’s like the underdog of digital ads just got a major boost from the tech giant. I mean, Apple is notoriously tight-lipped about their ad revenue, but with eMarketer projecting them to hit $10 billion by 2024, you can…
Global Cloud Services Trends
America Movil loses $60M, gains millions in subscribers
OUR TAKEAmerica Movil taking a $60 million hit? That’s gotta sting, especially after last year’s windfall. But hey, they didn’t let the peso’s tumble bring them down completely. They still managed to boost their subscriber base and broadband access, which is no small feat. And…
Global Cloud Services Trends
5 formidable challenges of big data analytics
Big data analytics faces formidable challenges, including scale, quality, skills, ethics, legality, and tech-business alignment.
Global Cloud Services Trends
New Ray-Ban Meta glasses smash sales records, Milleri says
New Ray-Ban Meta smart glasses, created by Meta Platforms and EssilorLuxottica, have seen a surge in sales, exceeding their predecessors. The success of Ray-Ban Meta glasses can’t be separated from its pricing, features, and form factor.
Global Cloud Services Trends
FBI hacks into Trump shooter’s phone with tiny device
OUR TAKEThe FBI’s ability to hack into the phone of a high-profile suspect using advanced tools underscores the ongoing conflict between privacy and security. While the need to access crucial evidence is undeniable, it raises important questions about our privacy rights in the…
Global Cloud Services Trends
Top tech news stories today: July 17, 2024
Fintech 1. Nigerian judge adjourns Binance money laundering trial to October A Binance Holdings Ltd. executive spent several hours back in a Nigerian court on Tuesday, before a judge adjourned the hearing until October. (Bloomberg) IT infrastructure 2. Google deal for ‘hot…
Global Cloud Services Trends
Huawei Builds $1.4B Shanghai centre as chip war heats up
OUR TAKEHuawei Technologies is about to complete its largest research and development centre in Shanghai, a major step forward for the global semiconductor industry. The centre, which will be Huawei’s largest, covers 1.6 million square metres and has extensive facilities…
Global Cloud Services Trends
Salesforce cuts more jobs in latest sign of tech austerity
OUR TAKESoftware giant Salesforce recently cut around 300 jobs as part of its ongoing strategy to streamline operations and manage costs more effectively. The move reflects a wider trend in the technology sector, where companies are seeking to reassess their staffing needs after…
Global Cloud Services Trends
Ocado says cash flow is improving despite robot warehouse delays
Ocado expects a big increase in cash flow to $194 million, despite delays and concerns from analysts.
Global Cloud Services Trends
Panasonic’s CEO urges managers to embrace a ‘sense of crisis’
OUR TAKEPanasonic Holdings CEO Yuki Kusumi has issued a strong warning to the company’s management, stressing the urgent need for a “sense of crisis” to combat persistently low profitability. In a recent interview, Kusumi stated that managers who failed to meet performance…
Global Cloud Services Trends
TSMC soars 30%: AI chip craze fuels a profit leap in Q2
Analysts expect TSMC’s profit to rise 30% year-on-year to $7.25 billion in the second quarter due to surging demand for AI chips. TSMC has customers include Apple and NVIDIA and is spending billions of dollars to build new factories overseas.