IBM is setting its sights on a major upgrade in AI hardware, with the company in talks with AWS to access Nvidia’s highly sought-after AI chips. The deal, worth an estimated $475 million over five years, would grant IBM access to AWS’s Elastic Compute Cloud (EC2) servers, which are powered by Nvidia GPUs. As part… Read more »
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Oracle and Amazon Web Services (AWS) have formed a strategic partnership to deliver Oracle database services within the AWS cloud environment. The collaboration, set to launch in 2025, introduces Oracle Database@AWS, allowing customers to access Oracle Autonomous Database and Oracle Exadata Database Service directly on AWS infrastructure. This new offering, account to a statement by… Read more »
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The exponential growth of generative artificial intelligence (Gen AI) could derail global efforts to reduce carbon emissions, potentially consuming as much energy as entire countries, according to a new report from SAS. The report, ‘Rethinking data and AI in the cloud: How to move to a sustainable future,’ emphasised how senior decision-makers in large organisations… Read more »
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The Cloud Revolution Summit: A Groundbreaking Event Redefining Cloud Conferences This September [Date, city] – Nordcloud, a leader in cloud solutions and digital transformation, has announced the launch of The Cloud Revolution Summit, a bold new event that’s set to reshape tech summit formats. Taking place on September 18, 2024, the summit will be a… Read more »
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IT services firm Accenture has expanded its strategic collaboration with Amazon Web Services (AWS) to create Accenture Responsible Artificial Intelligence (AI) Platform powered by AWS to help organisations adopt and scale AI rapidly with trust and confidence throughout their enterprise. The rapid rise of AI has created unique challenges and implications for business leaders who… Read more »
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Amazon’s massive investment in AI has created doubts about future profitability despite record sales growth, following publication of the tech giant’s latest financial results. According to the Financial Times, in the three months ending June 30, Amazon’s net sales grew by 10% to $148 billion. Although the result was impressive, it missed analysts’ expectations of… Read more »
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E-commerce and cloud computing giant, Amazon, has filed a sweeping patent infringement lawsuit against Nokia, alleging the Finnish telecoms company has misappropriated Amazon’s cloud computing innovations. The lawsuit, filed in the United States District Court for the District of Delaware on July 30, 2024, comes less than a year after Nokia initiated its legal action against Amazon… Read more »
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Microsoft has signed a settlement with cloud providers after a two-year dispute over its licensing practices, The agreement, which brokered recently with the cloud association CISPE (which is backed by Amazon, Microsoft’s rival), is intended to lead EU regulators to drop an antitrust complaint they filed against Microsoft. CISPE’s Secretary General, Francisco Mingorance, expressed optimism… Read more »
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The Australian Government has disclosed plans to establish a highly secure cloud service for its intelligence agencies in a $2 billion partnership with US technology firm Amazon. This advanced platform, scheduled for completion by the end of the decade, is designed to boost information-sharing capabilities within Australia’s security sector. The Guardian reported that deputy prime… Read more »
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AWS plans to substantially enhance its support for startups utilising its cloud infrastructure in response to escalating competition in the AI services sector, particularly from Microsoft. According to CNBC, AWS will double the value of credits offered to certain startups through its Activate program. Starting this July, startups that have recently secured Series A funding… Read more »
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