AMD is starting to land hyperscale deals for its AMD Instinct MI300X AI accelerators with ROCm open software and the wins portend more competition for Nvidia.
IBM has installed its second-gen IBM Quantum Heron processors in its Poughkeepsie data center as it builds out its quantum infrastructure.
Accenture CEO Julie Sweet said enterprises aren't increasing IT budgets for generative AI, but are looking to save money on technology and reallocate spending toward genAI and data projects.
A pair of CFO surveys highlight how finance chiefs remain optimistic about the economy, but are cautious about investment plans due to uncertainty.
Micron Technology reported record data center revenue and saw strong demand for its data center DRAM and high bandwidth memory as well as data center SSD sales.
Meta has updated Meta AI with its Llama 3.2 models, launched new Ray Ban smart glasses, Meta Quest 3S and Orion, the company's first augmented reality glasses.
Verint said it expanded its analytics suite for contact centers as it launched a series of bots designed to automate customer experience.
Google Cloud's move to file a complaint with the European Commission over Microsoft's alleged anti-competitive business practices with Azure highlights how the cloud battle is moving to courtrooms and regulators.
Blackstone and Vista Equity Partners are taking Smartsheet private in an all-cash deal valued at $8.4 billion, or $56.40 a share.
Google Cloud launched a series of updates including new Gemini 1.5 Flash and 1.5 Pro models with a 2 million context window, grounding with Google search, premade Gems in Gemini in Google Workspace and a series of AI agents designed for customer engagement and conversation.
Do-it-yourself AI projects are alive and well as CxOs are trying multiple approaches for generative AI, getting some projects to production and looking for better returns, according to a pop-up attendee survey at Constellation Research's AI Forum.
Chris Nicholas, President and CEO Sam's Club, said artificial intelligence is enabling the company to "take 100 million tasks out of our clubs" even though it has more associates.
