Tag: AI
Overall, this year’s Fast Growth 150 recorded an average two-year growth rate of 135 percent. That’s down a bit from the 145 percent average for the 2023 Fast Growth 150 class, but up from the 93 percent growth recorded by the 2022 Fast Growth 150. These are challenging times for solution providers as they navigate…
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This “agreement with Google … will allow us to accelerate our progress,” Character.AI said in a blog post. In a deal that might remind some of Microsoft’s March hiring of Inflection CEO and DeepMind co-founder Mustafa Suleyman, Google will hire the co-founders and members of the research team for Character.AI in exchange for an undisclosed…
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Anrok, Momentum.io and Sierra are among the most impressive SaaS companies so far this year. A sales tax management tools provider. A way to turn sales and customer calls into intelligence. And a conversational artificial intelligence platform from the former co-CEO of Salesforce. Anrok, Momentum.io and Sierra are just some of the startups operating under…
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AWS capabilities around “operational performance and security … and a deeper partner ecosystem” remain differentiators in the cloud race, Amazon.com CEO Andy Jassy said. Amazon Web Services partners, and Amazon itself, are seeing increased work around preparing customer data for artificial intelligence – which will also drive growth in the vendor’s cloud business, though AI…
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‘Based on its market investigation, the Commission found that the transaction, as notified, would not significantly reduce competition on such markets,’ the European Commission said. Citing “no competition concerns” in the European Economic Area, the European Commission Thursday unconditionally approved Hewlett Packard Enterprise’s $14 billion blockbuster acquisition of Juniper Networks “Based on its market investigation,…
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‘The significant opportunities within the Mission AI Foundation lie in what comes after they launch an AI application,’ says Ted Stuart, president and COO at Mission Cloud. ‘Many businesses think that launching a service is like crossing the finish line, when in reality they’re just getting started. We help guide customers through that realization.’ Mission…
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Microsoft CEO Satya Nadella was named this week as CRN’s No. 1 Most Influential Executive of 2024. Microsoft executives came armed with data to show a growing artificial intelligence business and assurances that the vendor’s growing expenses to meet AI demand are done responsibly during the tech giant’s fiscal 2024 fourth quarter earnings call Tuesday.…
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AMD CEO Lisa Su says a ‘steep ramp’ of Instinct MI300 GPUs allowed the product family to exceed $1 billion in quarterly revenue for the first time. This meant the MI300 chips made up more than a third of AMD’s reported $2.8 billion in second-quarter data center revenue. AMD said sales exceeded expectations in the…
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Amazon’s next quarterly earnings call should feature details on Amazon Web Services management and AWS’ AI and database products. A new Amazon Web Services CEO. The opportunity in artificial intelligence. And innovation in the database business. These are some of the subjects likely to come up during the Seattle-based cloud giant’s Thursday earnings call, when…
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Hewlett Packard Enterprise’s $14 billion acquisition of Juniper Networks is “expected to secure unconditional EU antitrust approval” from the European Commission, according to a report from Reuters. Hewlett Packard Enterprise’s $14 billion acquisition of Juniper Networks is “expected to secure unconditional EU antitrust approval” from the European Commission, according to a report from Reuters citing…
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