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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

Trendforce forecasts that starting in 2024, the demand for AI development and software services will significantly increase, alongside the growth of edge computing AI servers using mid-range GPUs and FPGAs. This sector is expected to see an annual growth rate exceeding 20 percent from 2023 to 2026. “We

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Helijet plans to buy flying taxis from Beta Technologies for all-electric flights in B.C.

GeekWire

The aircraft, popularly known as flying taxis, are currently slated to undergo commercial regulatory certification in 2026 and would be available for commercial service shortly thereafter, Helijet said in a news release. Beta Technologies’ Alia eVTOLs are built to carry a pilot and up to five passengers. to Montreal.

.Net 115
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As AI use surges, tech companies race to secure clean energy and preserve climate goals

GeekWire

The amount of electricity used globally for data centers, AI and cryptocurrency could double from 2022 to 2026, according to the International Energy Agency. Amazon likewise touts the ways it pursues energy savings in its cloud services and infrastructure, including the development of its own efficient computer chips for training AI models.

Energy 106
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Quantum hardware startup Rigetti Computing to go public in $1.5B SPAC deal with ex-Zillow CEO

GeekWire

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.” 31, 2021, and a net loss of $26.1 It estimates revenue to grow to $288 million by 2025, and $594 million by 2026. ” Rigetti reported revenue of $5.5

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 Bihmane has already set out his strategy to restore TFCo’s growth, profitability, and cashflow by 2026. In the third step, “rebound,” Atos plans to pivot to growth by developing new offerings and investing in sales capabilities. Legacy losses.

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

CIO Business Intelligence

Saleh explained how Eviden plans to raise capital to develop its business after the Tech Foundations sale. Declining market share Philippe Oliva, Atos co-CEO in charge of Eviden, outlined how the company plans use that capital, growing revenue by 7% annually through 2026. It has already raised €700 million this way over the last year.

IBM 98
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Climate funding: Amazon makes more investments; Alaska Airlines and Bill Gates-led effort back aviation startup

GeekWire

Amogy is developing technology for turning ammonia into power that could potentially one day be used for heavy-duty transportation including cargo shipping. The why: Amazon has pledged to be net carbon neutral by 2040 and is encouraging others to sign its Climate Pledge and strive to do the same. The company has raised $115 million.

Airlines 112