Global
Competition in the x86 processor market is gathering pace, with AMD consistently consolidating its position at Intel‘s expense. Although Intel continues to dominate, controlling around 70 per cent of the market, the latest Mercury Research analysis confirms that AMD has effectively secured close to 30 per cent share for
Global
European IT leaders’ trust in global cloud providers is waning. Geopolitical tensions are prompting as many as 61 per cent of CIOs in Western Europe to seek alternatives from local or regional providers, according to a Gartner survey. Furthermore, 53 per cent of respondents believe that geopolitics will limit their
Global
Samsung Electronics, the world’s largest manufacturer of memory chips, is sharply raising prices for key components used in data centres. According to sources familiar with the matter, the prices of some DDR5 memory modules, which are essential for AI infrastructure, rose by as much as 60% in November compared
Global
The AI boom is generating a massive demand for computing power, but its biggest bottleneck is proving to be access to electricity. Analysts at UBS Securities point out that this hunger for power is likely to set off a ‘boom cycle’ for the energy storage sector over the next five
Global
AMD shares gained 7% on Wednesday, increasing the company’s capitalisation by more than $26 billion. The reason for investors’ enthusiasm was the bold new strategic goal announced during the analyst day: to reach $100 billion in annual revenue from the data centre segment. This is a direct challenge thrown
Global
Cisco Systems is sending a strong signal to the market: the AI revolution is not just the domain of chip manufacturers, but also a fundamental driver for network infrastructure. The company raised its full-year revenue and profit forecasts, which the market immediately rewarded with a significant increase in its stock
Articles
Until a few years ago, cyber insurance was a niche product for technology companies or the financial sector. Today, it is at the top of almost every board’s priority list. Recent market analysis shows that demand for cyber policies is growing the fastest of all insurance products, overtaking even
Global
Intel has confirmed a significant personnel change in its key segment. Sachin Katti, former chief technology officer (CTO) and head of the AI group, is leaving the company to join OpenAI. This is a strategic transfer in the midst of a global war for talent specialising in artificial intelligence. At
Global
SoftBank’s second-quarter financial results show that Masayoshi Son’s desperate pursuit of AI dominance is starting to yield paper profits. The Japanese investment giant doubled its net profit to 2.5 trillion yen (US$16.6 billion), thanks almost entirely to a jump in the valuation of its biggest
IT Market
Amid sharp falls in global tech stocks, the head of the World Economic Forum (WEF) is toning down the mood. Borge Brende, during a visit to Sao Paolo, pointed to three potential, related bubbles on the horizon: cryptocurrencies, sovereign debt and, crucially for the IT sector, artificial intelligence. Brende’s
Global
The growing demand for computing power for artificial intelligence is clearly translating into financial performance for infrastructure providers. Iron Mountain, a company historically associated mainly with the secure storage of physical documents, showed strength in this segment. The company beat Wall Street’s estimates for its key earnings indicator for
Global
AWS and OpenAI are again – formally – intertwining fortunes on many billions of dollars and millions of CPUs. There are several axes of tension around AI today: who controls compute, who closes deals with GPU manufacturers, who builds the hyperscale datacenter and who will be the beneficiary of the next wave