Tag: Cloud Storage
CEO Sridhar Ramaswamy dives into Cortex AI and Iceberg customer momentum, the impact of Snowflake’s recent cyberattack and how AI will ‘c ontribute materially to revenue’ in 2025 . CEO Sridhar Ramaswamy was bullish about his company’s AI future during Snowflake’s Q2 earnings report on Wednesday, while also downplaying his company’s recent cyberattack and unveiling…
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The company says it expects to have 96 megawatts online by late 2026 with the remainder of the $3 billion build-out finished in a decade. Novva Data Centers said Wednesday that it will open its sixth site on 160 acres of land that it bought at auction last year in Arizona. It plans to infuse…
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Amazon plans to acquire AI chipmaker Perceive for $80 million to boost its LLMs and edge capabilities. AWS parent company Amazon plans to acquire AI chipmaker and model specialist Perceive Corp. for $80 million in cash to boost the company’s large language models and edge computing capabilities. “We’re excited to have signed a deal to…
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‘We’ve been on a tear from a growth perspective,’ US Signal’s John White tells CRN. ‘Once we complete the One Neck acquisition, which should happen in the next few weeks, we will have added eight new data centers to our portfolio.’ Up-and-coming data center heavyweight US Signal is making another Midwest acquisition, growing its available…
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From AMD seeking to win new AI data center share from Nvidia to ZT Systems’ business with cloud hyperscalers, here are five big reasons why AMD’s planned $4.9 billion acquisition of ZT Systems could put pressure on rival Nvidia. From ZT Systems signing a new partnership with Nvidia in 2024 to AMD’s data center and…
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CRN breaks down Forrester’s new report on the 10 most important cloud trends right know, which include Nvidia significantly aiding AI cloud startups, VMware customers migrating to the public cloud and the converging of AI and edge computing. From VMware migrations to the public cloud and Nvidia helping cloud AI startups win market share, Forrester’s…
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“Combining our high-performance Instinct AI accelerator, EPYC CPU, and networking product portfolios with ZT Systems’ industry-leading data center systems expertise will enable AMD to deliver end-to-end data center AI infrastructure at scale with our ecosystem of OEM and ODM partners,” said AMD CEO Lisa Su. Chipmaker superstar AMD is acquiring server supplier and cloud computing…
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For the week ending Aug. 16, CRN takes a look at the companies that brought their ‘A’ game to the channel including Hewlett Packard Enterprise, Dell Technologies, Nutanix, Broadcom, ScanSource and ClearScale. The Week Ending Aug. 16 Topping this week’s Came to Win list is Hewlett Packard Enterprise for a strategic acquisition that will boost…
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‘We need partners to get these products into those spaces, so we’re all in supporting partners with what they need to win in these situations,’ Tim Madsen, vice president of marketing for Minnesota-based uninterrupted power system maker CyberPower, tells CRN. ‘We’re evolving and adding products and services to these lines with channel partners in mind.…
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‘There is a certain amount of cloud repatriation that is happening, and that’s happening purely from a cost perspective,’ Cognizant’s Naveen Sharma tells CRN in an interview. Naveen Sharma compares the classic public cloud vendor business model to buying wine. The seller loves for a customer to try a glass, and then maybe drink another,…
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