Shares of Advanced Micro Devices (AMD) surged 38% to hit a high of $226.70 on Nasdaq after the company announced about a 6 gigawatt agreement with OpenAI to power latter’s next-generation AI infrastructure across multiple generations of AMD Instinct GPUs. The first 1 gigawatt deployment of AMD Instinct MI450 GPUs is set to begin in … Read more
Microsoft on Friday said it will stop using China-based engineers to provide technical assistance to the U.S. military after a report in investigative journalism outlet ProPublica sparked questions from a U.S. senator and prompted Defense Secretary Pete Hegseth to order a two-week review of Pentagon cloud deals. The report detailed Microsoft’s use of Chinese engineers … Read more
Amazon reported a significant increase in quarterly profits for the period of April-June, surpassing analyst expectations. The company earned $13.5 billion, up from $6.7 billion a year earlier. However, Amazon’s revenue forecast for the next quarter fell short of predictions, leading to a decline in its stock price during after-hours trading. Amazon projected sales between … Read more
Course Spotlight: Microsoft Cloud Support Associate Professional Certificate on Coursera Our assessment: Best for going from beginner to ready for a career This certification teaches skills from the very basics of knowledge about computing to valuable professional techniques in Microsoft Azure, one of the most popular cloud platforms. This certification includes 12 courses intended to … Read more
Chinese telecoms gear company Huawei Technologies has reported its profit more than doubled last year as its cloud and digital businesses thrived in spite of US sanctions. The Shenzhen-based company reported a net profit of 87 billion yuan (USD 12 billion), helped by strong sales and an improved product portfolio. Revenue jumped nearly 10 per … Read more
Shahid Akhter, editor, ETHealthworld, spoke to Deepa Param Singhal, Vice President, Oracle Applications to figure out the impact and growth of adoption and integration of technology within the healthcare ecosystem. As we enter the post-pandemic era, what are some of the healthcare-specific trends that may have an impact on the industry in the coming years?In … Read more
By Cyrus Katagara The pandemic has accelerated technology adoption cross sectors, driving disruptive innovation through tech enabled solutions. The Medical supply chain is one such area that has embraced several tech enabled solutions in order to address the unique demands during the first and second wave of the pandemic. From life-saving medicines, and essential neutraceuticals … Read more
Microsoft posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as PC sales declines stemming from a global chip shortage were more than made up for by a boom in cloud services. Shares ticked up 0.7 percent after Microsoft projected that growth in its Azure cloud computing business will … Read more
(This story originally appeared in on Jun 25, 2021) Microsoft on Thursday became only the second US company after Apple to reach a $2 trillion valuation, sticking another feather in the cap of its Indian-American CEO Satya Nadella after he was appointed chairman of the company — only the second in its history after Bill … Read more
by Dr. Sambita GhadaiTwo decades ago, having access to all the needs and luxuries of the world at the tip of our fingers was a distant dream. However, the world has witnessed many changes in recent years, completely transforming the way we live our lives. The Industrial Revolution, The World Wars, The Great Depression, The … Read more