salesforce Salesforce in Talks to Acquire Slack in Record Software Deal Salesforce is reportedly negotiating to buy workplace messaging app Slack in a deal that could be announced next week. The potential acquisition ranks among the largest software deals in tech history and gives Salesforce a major weapon against Microsoft Teams.
aws Amazon SageMaker Clarify Tackles AI Bias Across the Entire Machine Learning Pipeline Amazon SageMaker Clarify emerges as a crucial tool for detecting and mitigating bias in machine learning datasets and models. The feature allows developers to evaluate bias during data analysis, training, and inference stages.
aws AWS Introduces P4d Cloud Instances with NVIDIA A100 GPUs for HPC Amazon Web Services releases its new EC2 P4d instances featuring NVIDIA A100 Tensor Core GPUs to handle demanding machine learning and high-performance computing workloads. The offering significantly reduces model training times through advanced hyper-scale cloud clusters.
aws AWS Unveils P4d GPU Instances Powered by Nvidia A100 Chips AWS introduces its new P4d instances featuring eight Nvidia A100 GPUs, promising up to 2.5 times faster deep learning performance at a 60% cost reduction for model training.
microsoft Microsoft Beats Earnings Expectations as Azure Growth Reaches 48% Microsoft exceeds revenue and profit projections for its latest quarter while its Azure cloud platform posts impressive 48% growth. Despite the strong results, the company's stock remains flat in after-hours trading.
ibm IBM Plans Major Spin-Off to Focus Entirely on Hybrid Cloud and AI IBM is spinning off its slower-growth managed infrastructure services unit to concentrate on its hybrid cloud and AI businesses. The move represents CEO Arvind Krishna's boldest strategic shift to capture a $1 trillion market opportunity.
ibm IBM Spin-Off Faces Eight Major Concerns Heading Into 2021 IBM plans to spin off its managed infrastructure services unit, but investors and analysts still harbor significant doubts about the strategic move.
ibm IBM CEO Arvind Krishna Bets Entire Company on Hybrid Cloud Future IBM spins out its $19 billion legacy infrastructure services business to focus entirely on cloud computing. CEO Arvind Krishna makes this decisive move as cloud revenue grows 30 percent while overall company revenue declines.
ibm IBM Spins Off $19 Billion Infrastructure Unit to Focus on Cloud and AI IBM is separating its $19 billion managed infrastructure services division into a new public company. This strategic move allows IBM to concentrate entirely on hybrid cloud and artificial intelligence growth.
ibm IBM to Spin Off Legacy IT Unit to Focus Entirely on Cloud and AI IBM separates its Managed Infrastructure Services unit into a new public company to prioritize its high-margin hybrid cloud and AI operations. The strategic shift sends shares up nearly six percent.
snowflake Snowflake Achieves Record-Breaking Software IPO Valuation Snowflake completes the largest software initial public offering in market history, achieving a massive valuation on its first day of trading. The cloud data warehouse company sees its stock price soar well above its initial target.
snowflake Cloud Data Firm Snowflake Prices Record $33.3 Billion IPO Snowflake prices its initial public offering above an increased range, valuing the cloud data company at $33.3 billion. Major investors like Berkshire Hathaway and Salesforce back the highly anticipated offering as the cloud software market surges.
snowflake Snowflake IPO Targets $24B Valuation With Unusual Berkshire Backing Cloud data warehouse Snowflake sets an initial IPO price range of $75 to $85 per share, aiming for a valuation up to $23.7 billion. Notably, both Salesforce and Warren Buffett's Berkshire Hathaway commit to major private placements ahead of the public debut.
dod Pentagon Confirms Microsoft as JEDI Cloud Winner Amid Ongoing Amazon Protest The Department of Defense completes its re-evaluation and reaffirms Microsoft as the winner of the $10 billion JEDI cloud contract. However, a federal injunction blocks work from starting due to Amazon's ongoing legal challenge.
pentagon Pentagon Upholds Microsoft's $10 Billion JEDI Cloud Contract The Department of Defense completes its re-evaluation and confirms Microsoft as the winner of the massive JEDI cloud computing contract. Amazon vows to continue challenging the decision, citing alleged political interference by President Trump.