In the third quarter of this year, Alphabet, the parent company of Google, saw a huge jump in profits—a whopping 34 percent! This increase was mainly driven by the strong growth in their cloud business. Why the sudden boost? Well, there's a high demand for computing and data services that help train and run artificial intelligence models. You might be wondering, "Ar...
Indonesia is poised to become a crucial player in Microsoft's cloud computing and artificial intelligence strategy, with a massive $1.7 billion investment set to transform the country's tech landscape. This significant move is part of a broader effort by tech giants to tap into Southeast Asia's growing economy, which promises substantial growth for Microsoft. The fi...
In today's fast-paced business environment, technology has become an indispensable tool that affects every aspect of operations. The old days of IT departments holding the keys to technology procurement are long gone, replaced by a collaborative approach that empowers professionals across the organization to take charge. Gone are the days when CIOs were the sole guar...
In a major breakthrough, Intel and Amazon have announced a multi-billion-dollar framework to co-develop AI chips using the latest technology. The deal is a significant step forward for both companies, as they aim to revolutionize the field of artificial intelligence chip manufacturing. Intel's CEO, Patrick Gelsinger, has been vocal about his company's commitment to b...
When it comes to breaking into the world of finance, having the right skills can make all the difference. And when it comes to programming languages, there are a few that stand out as essential for success. In this article, we'll explore three programming languages that can help you land a job in finance: SQL, Python, and Java. But before we dive into the details, l...
As the 2024 US presidential election approaches, CFOs are bracing for potentially severe market volatility, with a whopping 86% planning to increase their currency hedging activity. This surge in hedging activity is a stark contrast to the 2020 election, when only 20% of CFOs planned to hedge their FX risk due to concerns about costs and complexity. The report rev...
As SAP continues its transition to the cloud, the company is set to unleash a plethora of AI-powered features to its customers. But what does this mean for the future of cloud adoption? Is SAP's focus on incremental growth a sign of things to come, or is it just a drop in the ocean of what's possible? To understand SAP's AI strategy, the company is working diligen...
Nvidia's powerful AI chips, the A100 and H100, are crucial for training the AI models powering everything from chatbots to self-driving cars. But the US has been trying to limit China's access to these chips due to national security concerns. So, how are Chinese tech companies getting their hands on these coveted processors? The answer, according to a recent Finan...
Aaron LaBerge, the new CTO of Penn Entertainment (the company behind ESPN Bet), has a big challenge ahead of him. He's got to help ESPN Bet catch up to giants like FanDuel and DraftKings in a rapidly growing market. But is betting on sports really a good idea? Think about it: In just a few years, Americans have wagered over $120 billion on sports, raking in bill...