News
Tesco moves 40, 000 server workloads off VMware amid Broadcom lawsuit seeking over "100 M
47+ min ago (238+ words) The UK retail giant's legal battle over perpetual license agreements highlights a growing enterprise revolt against Broadcom's subscription-only pivot. Back in January 2021, Tesco purchased perpetual licenses for VMware's v Sphere Foundation and Cloud Foundation, along with a subscription to VMware…...
Odyssey secures $1. 45 B valuation with $310 M raise backed by Amazon
3+ hour, 35+ min ago (190+ words) The world models AI lab lands a massive Series B as investors bet that simulation-based AI is the next frontier beyond large language models Odyssey, an AI lab building what the industry calls "world models," has raised $310 million in a…...
Amazon AI chief outlines strategy to catch up with Open AI and Anthropic
3+ hour, 39+ min ago (273+ words) Amazon is restructuring its AI division and pouring billions into partnerships as it tries to close the gap with frontier model leaders Amazon has spent the better part of two years watching Open AI and Anthropic dominate the conversation around…...
Grok expands availability to major cloud platforms including Azure and Oracle
4+ hour, 21+ min ago (279+ words) x AI's flagship AI models are now accessible across enterprise cloud infrastructure, marking a significant push beyond Elon Musk's own ecosystem Elon Musk's x AI has taken Grok off the leash. The company's AI models are now available across all…...
Amazon's Trainium and Inferentia chips gain traction as firms seek Nvidia alternatives
4+ hour, 9+ min ago (398+ words) AWS custom silicon is quietly building momentum as companies chase dramatic cost savings on AI workloads AWS reports growing interest in its custom-designed Trainium and Inferentia chips as organizations look to cut costs and reduce their dependence on Nvidia GPUs....
HIVE Digital Technologies aims for 850 MW of sovereign compute by 2030
6+ hour, 33+ min ago (457+ words) The former Bitcoin miner is betting CAD $3. 5 billion on a massive AI gigafactory in the Greater Toronto Area as Canada races to build domestic computing power HIVE Digital Technologies just dropped CAD $3. 5 billion on what it's calling an AI gigafactory…...
Amazon backs AI startup developing models to simulate the physical world
16+ hour, 43+ min ago (405+ words) The tech giant is investing in Archetype AI and launching fellowships to build AI systems that can perceive, understand, and interact with physical environments. Amazon is placing a serious bet on the idea that AI's next frontier isn't generating text…...
HSBC partners with Alphabet's Google Cloud to deploy AI globally, targeting $100 M per project
20+ hour, 36+ min ago (380+ words) The banking giant is betting on roughly 200 new AI initiatives over two years, each expected to generate nine-figure returns in revenue or savings HSBC just made one of the largest AI commitments in global banking. The London-headquartered lender announced a…...
Rackspace partners with AMD for 30 MW AI compute deployment, cuts 15% of workforce to fund the pivot
1+ day, 42+ min ago (337+ words) The managed cloud company is betting big on AMD-powered AI infrastructure for regulated industries while trimming headcount to bankroll the transformation. Rackspace Technology is going all-in on AI infrastructure, and it's paying for the bet by cutting roughly 15% of its…...
Microsoft and Oracle cloud infrastructure leasing talks reportedly fall through
1+ day, 1+ hour ago (314+ words) Security and compliance concerns allegedly derailed negotiations between two of tech's biggest cloud players, though the companies' broader partnership appears intact. Negotiations between Microsoft and Oracle over a cloud infrastructure leasing arrangement have reportedly collapsed, with security and compliance concerns…...