CoreWeave, an Nvidia-backed artificial intelligence startup, has struck a five-year agreement worth $11.9 billion with OpenAI. The agreement means CoreWeave is to provide AI infrastructure for OpenAI as it prepares for its initial public offering (IPO). Under the agreement, OpenAI will receive $350 million of CoreWeave shares through a private placement when the company floats […]
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Recent advancements in quantum computing, including improvements in qubit count, coherence time and gate fidelity, have yet to provide a practical edge over classical computers. That was the conclusion of Forrester’s 2024 Quantum Computing Trends report. Quantum systems remain experimental and are unable to deliver the large-scale results needed to rival traditional computing methods. So […]
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Enterprise apps and business AI specialist, SAP, has unveiled SAP Business Data Cloud, which unifies all SAP and third-party data throughout an organisation, providing the trusted data foundation organisations need to make more impactful decisions and foster reliable AI. The solution harmonises data from organisations’ most mission-critical applications with data engineering and business analytics capabilities, […]
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The global Data Center Infrastructure Management (DCIM) software market is on track for significant expansion, with projections showing growth from $2.02 billion in 2023 to $3.63 billion by 2029, according to a new report from ResearchAndMarkets.com. This robust growth trajectory, marked by a compound annual growth rate (CAGR) of 10.1%, reflects the increasing importance of DCIM solutions […]
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The Department for Environment, Food and Rural Affairs (Defra) has selected IT infrastructure services provider, Kyndryl, to oversee and support its core network infrastructure. It is hoped this one-year extension of their existing partnership will enable Defra to further reduce technical debt as part of its cloud adoption journey. Defra provides numerous critical digital services […]
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A recent global survey by Recon Analytics, commissioned by Seagate Technology, paints an interesting picture of the future of AI and data storage. Business leaders from 15 industries in 10 countries are bracing for an explosion of data as AI adoption grows, with many expecting cloud-based storage forming the centre of data repositories in the […]
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One Data GmbH is a German software company and a specialist in the use of applied artificial intelligence (AI). With over 200 employees in Passau, Munich, Frankfurt and Berlin, One Data offers an AI-powered Data Product Builder for innovative and collaborative data teams, which enables organisations to realise the full potential of their data. The […]
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Alibaba Cloud LLM pricing strategy has taken a dramatic turn as the company announces an unprecedented 85% reduction in access costs for its most sophisticated large language models. The announcement, made via WeChat and reported by the South China Morning Post, positions the company’s flagship Qwen-VL-Max model at just 0.003 yuan ($0.00041) per thousand tokens, […]
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Netflix has launched a counteroffensive in its long-running patent battle with Broadcom, filing a lawsuit over virtualisation technologies against the company’s VMware subsidiary. Filed [PDF] on December 23, 2024, in the Northern District of California, the streaming company’s complaint asserts five patents (originally developed by HP), marking an aggressive shift in Netflix’s typically defensive IP […]
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The National Television Awards (NTAs) is a prestigious awards ceremony in the UK that celebrates excellence in television programming. Considered one of the most prominent events in the British television industry, the awards recognise outstanding performances, productions, and programmes across different television genres. The NTAs are unique in that winners are chosen by the British […]
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