SAP Cloud Revenue Matches Estimates as AI Adoption Fuels Demand
by Bloomberg.com
Bloomberg.com— SAP SE reported first-quarter cloud revenue in line with analysts, as a boom in demand for artificial intelligence fueled the German...
Yahoo Finance—Super Micro forecasts quarterly revenue above estimates as AI powers server demand. Super Micro's in-house liquid cooling solutions for servers have helped it get products to the market quicker than its competitors, who rely partly on third-party vendors. Its close relations with chip giants Nvidia and Advanced Micro Devices, whose headquarters are less than 10 miles from Super Micro's, help it receive early samples of chips to check prototypes, giving it further advantage over rivals. Super Micro's stock, which has nearly tripled so far this year, was added to the S&P 500...
Tuoi Tre News Video—AI fuels cloud computing boom for tech giants. Performance was consistent at Microsoft's Azure and Google Cloud, which grew above expectations at 31 percent and 28 percent, respectively, in the first three months of the year
ETtech.com—AMD set to fuel growing demand for AI compute: CTO Mark Papermaster. Chipmaker AMD is poised to power the surging demand for AI compute with its wide range of product portfolio, the company's Chief Technology Officer Mark Papermaster said on Friday. AI compute refers to processing of data using artificial intelligence or machine learning algorithms. Marking 55 years of AMD (Advanced Micro Devices), Papermaster in a blog post looked back on five years of growth and innovations at the company, while also looking ahead to the next five years. He said the future of...