Tag: AI
‘Now more clearly than ever, we are seeing that public AI alone cannot address the increasing needs of either individuals or enterprises,’ Lenovo CEO Yuanqing Yang said in announcing first quarter earnings on Thursday. ‘Hybrid AI, which is formed by personal AI, enterprise AI, together with public AI, is indeed the way forward.’ Lenovo said…
Read More
When tech companies look for ways to optimize operations, respond to changing market conditions, re-adjust priorities, or even shut down their operation, the impact on employee livelihood can be big. CRN looks at 10 of the most significant tech layoffs that have made their mark so far in 2024. IT Sector Layoffs Still Happening In…
Read More
‘With the acquisition of Morpheus Data, we will take the next major leap to make HPE GreenLake cloud the de facto platform for innovating across hybrid IT,’ says HPE’s Fidelma Russo. HPE is making the “next major leap” in HPE GreenLake with the planned acquisition of hybrid cloud management and automation all-star Morpheus Data. “With…
Read More
ClearScale CEO Jimmy Chui explains why price-concerned VMware customers need to migrate to AWS, his company’s new AI-powered offerings to help them, and why businesses need to ‘really get off all their licensed software.’ ClearScale is launching an AI-powered attack seeking to migrate existing VMware customers worried about price increases over to the AWS cloud.…
Read More
Cisco CEO Chuck Robbins says his team is “shifting hundreds of millions of dollars into AI,” including AI networking for cloud, AI infrastructure, silicon and cybersecurity. Cisco Systems crossed $1 billion to date in AI orders with webscale customers and predicts another $1 billion in AI product orders this fiscal year. On the San Jose,…
Read More
Cisco will spend between $700 million and $800 million in the first quarter of its 2025 fiscal year. Cisco Systems confirmed massive layoffs Wednesday with plans to cut about 7 percent of its global workforce, which should cost up to $1 billion. The San Jose, Calif.-based networking giant said in a regulatory filing that the…
Read More
Google Cloud partners discuss the impact of the landmark court ruling that found Google to be a monopoly in the online search market as well as potential penalties around AI and data sharing. As the U.S. Department of Justice looks at ways to deal with Google after a landmark court ruling found the $85 billion…
Read More
Service Express, ECS, GuidePoint Security, Autodesk, HPE and SpaceX’s Starlink business are among the companies to list open positions for channel-related roles in August. This month, Service Express, ECS and GuidePoint Security are among the solution providers to list open positions while Autodesk, Hewlett Packard Enterprise and SpaceX are among the vendors to list open…
Read More
Bloomberg reported that, even without the divestitures, the government will likely seek a ban of the “exclusive distribution agreements” at the heart of the case. The U.S. Department of Justice is considering a divestiture of Google’s Android operating system, AdWords ad sales platform and web browser, Chrome, after a judge ruled the tech giant is…
Read More
Major IT companies looking to expand their technology portfolios and private equity firms buying IT vendors and solution providers account for many of the biggest mergers and acquisitions this year. And AI is a factor in many acquisitions. Here’s a look at the biggest tech mergers and acquisitions that have been announced, completed or are…
Read More