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The fourth quarter earnings season momentum continues this week, with results from Alphabet (GOOG, GOOGL), Amazon (AMZN), AMD (AMD), Qualcomm (QCOM), and Palantir (PLTR) highlighting the calendar. As of Jan. 30, 33% of S&P 500 (^GSPC) companies have reported fourth quarter results, according to FactSet data, and Wall Street analysts estimate an 11.9% increase in […]
Tata Consultancy Services Ltd. has struck a strategic alliance with chipmaker Advanced Micro Devices Inc. to accelerate the deployment of AI for enterprise clients, a move that underscores the company’s pivot to become the world’s largest AI services company. Tata Consultancy Services is in the throes of a pivot to become the world’s largest AI-led […]
There’s a fascinating game of technological chess playing out in the semiconductor world. First it was the TPU vs GPU conversation, as it came to light that Meta will be spending a significant amount of money to buy Google’s Tensor Processing Units for its AI deployments, that a direct competition to Nvidia’s graphics processing unit […]
Advanced Micro Devices Inc., Cisco Systems Inc. and Saudi Arabia’s AI startup Humain are forming a joint venture to build data centres in the Middle East and have landed their first customer. For the initial buildout of 100 MW, Cisco will provide networking equipment and other infrastructure and AMD will provide its MI450 AI chips. […]