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Capital spending soars in the cloud as Microsoft, Google, and others bet big on AI demand

GeekWire

(Microsoft Photo / John Brecher) Analysts, investors, and the media are suddenly focused intensely on capital expenditures by tech giants including Microsoft, Meta, Google, and others to size up the industry’s bet on the cloud and artificial intelligence. Charles Fitzgerald is wondering where everyone has been.

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Amazon Q: Create AI chatbots for work

Dataconomy

Amazon Web Services recently introduced Amazon Q, the latest addition to its strategy aimed at transforming software development. This new generative AI assistant is tailored to assist developers and enterprises by optimizing workflows, boosting productivity, and opening up fresh avenues for innovation.

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Ex-Apple engineers raise $7.5M for new Seattle data storage startup

GeekWire

A trio of former Apple engineers is leading a new data storage platform for developers building machine learning and artificial intelligence applications. XetHub resembles GitHub, a commercial service based on the Git open-source project founded in 2008 and acquired by Microsoft in 2018. XetHub Photos).

Storage 122
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How Nvidia became a trillion-dollar company

CIO Business Intelligence

Nvidia’s transformation from an accelerator of video games to an enabler of artificial intelligence (AI) and the industrial metaverse didn’t happen overnight—but the leap in its stock market value to over a trillion dollars did. We’ll have to wait until August 23 to see whether it lived up to its expectations.

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Top recommended AI companies in Vietnam to collaborate in 2024

Dataconomy

In the upcoming years, Vietnam is projected to identify itself as a significant hub for artificial intelligence (AI) development. Additionally, the rise of tech startups and increasing investments in AI technology has further boosted Vietnam’s potential to become a global leader in the AI industry.

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Tech Moves: Smartsheet CFO joins Auth0 board; Outreach opens NYC office; Concure Oncology adds CEO; and more

GeekWire

Demoz most recently was a senior manager of software engineering at Google Cloud and previously a software development manager at Amazon Web Services. office in Seattle and hired Microsoft alum Benjamin Gauthey as VP of global strategy and business development. . Concure Oncology, a Mercer Island, Wash.

CTO Hire 104
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Oracle makes its pitch for the enterprise cloud. Should CIOs listen?

CIO Business Intelligence

But with Amazon Web Services (31%), Microsoft Azure (24%), and Google Cloud Platform (11%) accounting for two thirds of the worldwide market, according to Synergy Research Group, Oracle Cloud Infrastructure (OCI) remains distantly behind the behemoths, leaving many to question whether Oracle’s cloud gains are enough to make it a contender.

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