Nvidia (NVDA) has needed help from its Big Tech friends to become Wall Street’s artificial intelligence darling. Those friends haven’t left the party yet. In their earnings reports this week, Club holdings Microsoft (MSFT), Alphabet (GOOGL), Facebook-parent Meta Platforms (META) and Amazon (AMZN) indicated continued investments to advance their AI ambitions — a good sign…
Signing up for cloud services is easy. But getting control of cloud spending can be a persistent challenge for an enterprise focused on making the most of its technology investment. Gartner predicted worldwide end-user spending on public cloud services would grow 20.7% in 2023, to $591.8 billion. A survey for Foundry’s Cloud Computing Study 2023…
I hate to say, “I told you so,” but the significant downturn in cloud spending that many people anticipated has not yet happened. Last year and this year, I’ve had one argument after another with tech reporters who all believed that cloud spending would take a nosedive after years of rapid growth. Their reasons included…
A person walks through the City of London financial district in London, Britain, February 10, 2023. REUTERS/Henry Nicholls/file photo Acquire Licensing Rights LONDON, Sept 11 (Reuters) – Almost half of security chiefs at the world’s biggest companies expect to increase their budgets significantly in the next year as they see economic and social unrest driving…
After a slowing of the app economy that saw consumer spending drop for the first time in 2022, things are starting to look up. According to a new report on in-app spending for the first half of 2023 from app intelligence provider data.ai, there’s once again positive growth in mobile consumer spending. The firm reports…
