Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
CoreWeave plans to file for a $4 billion IPO within a week, targeting a $35+ billion valuation as it expands its AI cloud ...
Nvidia faces more competition in inference compute ...
The fast deployment of AI and cloud computing raises concerns about energy consumption and environmental impact.
Orlando innovator Jason Eichenholz's latest venture, Relativity Networks, is changing the speed of light and transforming how ...
Five Microsoft employees were ejected from a meeting with the company's chief executive for protesting contracts to provide ...
Strengthening AI Infrastructure Leadership Amidst Increasing Global Demand for High-Performance Computing NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, ...
Lite-On Technology is on track for a robust recovery in 2025, fueled by a surge in shipments of next-generation AI chips. The ...
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The tech giant is facing pushback from employees following a report that it's making a lot of money helping Israel decide ...
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