Global Trends
Global Trends
Global market trend intelligence tracks cloud service, regional ISP, national telecom, data centre, and institutional infrastructure signals across global internet infrastructure markets. BTW.
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Global Cloud Services Trends
Anker Innovations Reports Half-Year Revenue of Nearly 970 Million USD
Anker Innovations released its performance report for the first half of 2023, amounting to almost 7.066 billion CNY or 970 million USD. The revenue represents a year-on-year growth of 20.01%. Net profit attributable to the company’s shareholders reached CNY 820 million, surging…
Global Cloud Services Trends
VR Therapy Might Offer Relief to Cancer Patients
A study, recently published in Frontiers in Virtual Reality, has unveiled the potential of VR therapy in reducing anxiety and fatigue among cancer patients. VR Meditation Decreased Anxiety, Stress In an experiment, researchers at the Immunotherapy Center (ITC) assigned entities…
Global Institutional Trends
AI21 Labs Secures $155M Funding at $1.4B Valuation
AI21 Labs, a pioneering AI startup, has secured $155 million in funding, pushing its valuation up to $1.4 billion. This remarkable investment reflects the growing recognition of AI21 Labs’ revolutionary Generative AI technology. Empowered by advanced capabilities, AI21 Labs is…
Global Cloud Services Trends
Sense Arena Designated as Official ATP VR Tennis Training Tool
Bob Tetiva, CEO of Sense Arena, and Daniele Sano, Chief Commercial Officer of ATP, have announced a multi-year partnership between Sense Arena and ATP. This collaboration will see Sense Arena being designated as the official VR training tool for one of the biggest tennis…
Global Cloud Services Trends
Samsung Introduces Diet Platform: Samsung Food
Samsung just launched Samsung Food, a platform designed to simplify meal planning and redefine recipe discovery. By incorporating Samsung Food into their routines, users can bid farewell to the days of aimless recipe searching and chaotic meal organization. Personalized Recipes…
Global Cloud Services Trends
OpenAI Launches Enterprise Version of ChatGPT with Focus on Cybersecurity and User Privacy
OpenAI has introduced the much-anticipated Enterprise Edition of ChatGPT, a move aimed at expanding revenue streams and capturing a larger share of the enterprise market. This development introduces features that harness the power of the formidable GPT-4 generative AI model while…
Global Cloud Services Trends
Goldman Sachs Shifts Focus to Wealth Management Business
Goldman Sachs Group has announced plans to divest its investment advisory business for mass-market high-end clients. This division will be transferred to Creative Planning LLC, a key player in wealth management with $240 billion in assets under management. The transaction…
Global Cloud Services Trends
Holoeyes Secures 400 Million Yen to Expand Medical Virtual Reality
Holoeyes, a medical virtual reality company, recently announced raising about 400 million yen (around 2.7 million USD) through a third-party share placement. The funds will be used to expand human resources and enhance technology development. Coupled with previous funding rounds…
Global Cloud Services Trends
Zuckerberg Unveils Virtual Keyboard, Bosworth Hits 119 WPM
In a recent Ask Me Anything (AMA) session, Meta’s Chief Technology Officer, Andrew Bosworth, shared a virtual typing demonstration where he achieved a typing speed of 119 words per minute. At the same time, Mark Zuckerberg recently showcased a “virtual keyboard” through a video…
Global Institutional Trends
Police Scotland Considers Introducing AR Glasses toCrime Fighting Efforts
The Scottish Police Authority (SPA) has approved a £400 million initiative to establish a “digital unit” aimed at combating cybercrime. The recruitment of numerous officers already underway. AR Potential in Policing Martyn Evans, the chairman of SPA, has outlined the department’s…
Global Cloud Services Trends
KmsdBot Malware Evolves, Targeting IoT Devices and Highlighting Ongoing Threats
Cybersecurity researchers have uncovered a concerning evolution of the KmsdBot malware, increasing the risk to Internet of Things (IoT) devices. The updated Kmsdx binary file introduces vulnerabilities, including support for telnet scanning and an expanded range of CPU…
Global Cloud Services Trends
Giant YT Channel Linus Tech Tips Halts Amidst Criticism
The YouTube channel Linus Tech Tips has announced the temporary suspension of all video production due to criticism regarding its approach to reviewing products, particularly computer hardware. With over 15 million YouTube subscribers, Linus Tech Tips is known for its team of…
Global Cloud Services Trends
Vessel Capital Launches $55M Fund for Web3 Infrastructure and Apps
Vessel Capital, a leading venture capital firm, emerges from stealth mode, announcing a $55 million fund. The firm’s exclusive focus lies in supporting projects within web3 infrastructure and applications. With this investment, Vessel Capital aims to empower startups building…
Global Cloud Services Trends
Sony Unboxes PlayStation Portal, PS 5 Pro Rumors Intensify
photo from Pixabay Sony has introduced the PlayStation Portal remote player, a handheld device designed to enhance the PlayStation 5 experience. Additionally, rumors are circulating about the upcoming PlayStation 5 Pro, an upgraded version of the popular console that promises…
Global Cloud Services Trends
Worldcoin’s Value Plummets by 50% Amid Escalating Data Privacy Concerns
Photo credit: Pixabay The Worldcoin cryptocurrency initiative, spearheaded by Sam Altman, the mastermind behind ChatGPT, finds itself under intensifying regulatory scrutiny across the globe. The utilization of i-ball scanning orbs for user registration has sparked worries…
Global Institutional Trends
Celebrated AI Startup Hugging Face Secures $235M Funding from Tech Giants
A screenshot from Hugging Face homepage Hugging Face, a New York-based AI startup, has secured a substantial $235 million in funding, elevating its valuation to an impressive $4.5 billion. Contributors to this round include tech giants Google, Amazon, Nvidia, Salesforce, AMD…
Global Cloud Services Trends
Palo Alto Projects Strong Billings
Palo Alto Networks’ Shares Goes Higher, Backed by Strong Annual Billings Palo Alto Networks, a renowned cybersecurity firm, recently announced robust annual billings, sparking optimism within the cybersecurity sector. The company’s impressive financial performance has instilled…
Global Cloud Services Trends
John Warnock Passes Away at 82
The tech industry mourns the passing of John Warnock, co-founder of Adobe, who passed away at the age of 82. A pioneer in computer science, Warnock helped reshape how we conceive and interact with digital content. In partnership with Charles Geschke, he established Adobe Systems…
Global Cloud Services Trends
Fintech Startup Bags $1.1M
Vegapay, a fintech startup focussed on digital lending and card management, has secured $1.1 million in a pre-seed funding round. The funding was led by Eximius Ventures and featured contributions from various investors including DSP HMK, Capri Global, Upsparks Capital, MGA…
Global Cloud Services Trends
Intel Drops Hightower Acquisition
Intel Corporation has announced the abrupt abandonment of its proposed acquisition of HighTower Semiconductor, citing insurmountable regulatory challenges that impeded timely approval. Alongside this decision, Intel will pay a substantial breakup fee totalling $353 million. This…