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As AI use surges, tech companies race to secure clean energy and preserve climate goals

GeekWire

Helion Photo) The rapid growth of artificial intelligence is driving new demand for cloud computing infrastructure operated by tech giants including Amazon and Microsoft, which are investing billions of dollars each year into the construction of data centers that gobble massive amounts of energy. In the U.S.

Energy 104
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Quantum hardware startup Rigetti Computing to go public in $1.5B SPAC deal with ex-Zillow CEO

GeekWire

“In the next decade one Rigetti quantum computer could be more powerful than today’s entire global cloud,” Rigetti said in a statement. We plan to use this capital to accelerate our product development and accelerate our goal to bring this transformational computing capability to every major industry.”

Hardware 142
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IT services company Atos plans IBM-style split

CIO Business Intelligence

IBM was still broadly profitable when it split, having made a net profit of $5.7 billion in 2021, and saw the move as a way to free its high-growth cloud business from slower-growing legacy and maintenance activities. Prior to that, Oliva spent almost two decades with IBM, much of it managing cloud and hybrid services.

IBM 98
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IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

The deal will spell an end to the current one-stop shop for IT services that it offers its enterprise customers, but will free up capital and cash-flow for it to invest in more modern activities: digital transformation , smart digital platforms, cloud technology, cybersecurity, high-performance computing and AI.

IBM 98
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Digital twins are primed to revolutionize the infrastructure industry

CIO Business Intelligence

Keith Bentley of software developer Bentley Systems describes digital twins as the biggest opportunity for IT value contribution to the physical infrastructure industry since the personal computer, and they’re used in a wide variety of industries , lending enterprises insights into maintenance and ways to optimize manufacturing supply chains.

Industry 145