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☆ Tech's earnings bonanza this week shines spotlight on growing troubles at Tesla, Google
▼ + stars: | 2024-04-22 | by ( Hayden Field | ) www.cnbc.com time to read: +10 min

Justin Sullivan | Getty ImagesAs tech's behemoths get set to report earnings this week, they do so facing a mountain of drama. Tesla kicks off tech earnings season after the close of trading on Tuesday, with shares of the electric vehicle maker trading at their lowest since January 2023. When it comes to AI, Meta debuted its assistant — Meta AI — on WhatsApp, Instagram, Facebook and Messenger last week. Loren Elliott | Bloomberg | Getty ImagesOn a busy Thursday for tech earnings, Alphabet is likely to capture the most attention. On Thursday, Alphabet CEO Sundar Pichai announced a consolidation of the company's AI teams, including responsible AI and related research teams, under the Google DeepMind umbrella.

Persons: Sundar Pichai, Justin Sullivan, tech's behemoths, Tesla, Microsoft's, Lip, CNBC's, we've, Brandon Bell, Drew Baglino, Rohan Patel, Musk, John Murphy, Meta, Mark Zuckerberg, Wall, OpenAI's ChatGPT, Joe Biden, Republican Donald Trump, Loren Elliott, Ruth Porat, Thomas Kurian's, livestreamed, Pichai, that's, Satya Nadella, Sam Altman, Altman, OpenAI, chatbot, MSFT Organizations: Inc, Government, Society, Google, Big Tech, Nvidia, BakerAvenue Wealth Management, Tech, Meta, Microsoft, Getty, Elon Musk's EV, Bank of America, Reality Labs, Facebook, Republican, Bloomberg, CNBC, Google Cloud, Union, Apple, Guggenheim Locations: Stanford , California, Austin , Texas, New York, Sunnyvale , California, Sunnyvale, Seattle, San Francisco , California, OpenAI, Mistral, U.S

Monday's analyst calls included a price target cut for one of the biggest tech companies in the world and Goldman Sachs getting bullish on an e-commerce giant ahead of earnings. Morgan Stanley cut its price target on Apple to $210 from $220, citing the potential for disappointing fiscal third-quarter guidance. 6:50 a.m.: Morgan Stanley remains bullish on Nvidia even after chipmaker's sell-off The recent slump in artificial intelligence-related stocks hasn't steered Morgan Stanley away from Nvidia . Sheridan kept his buy rating and $220 price target on Amazon, which is expected to post its earnings results on April 30. Analyst Erik Woodring reiterated his overweight rating on the tech giant but cut his price target to $210 from $220.

Persons: Goldman Sachs, Morgan Stanley, Goldman, Joseph Moore, Moore, — Pia Singh, shouldn't, Wamsi Mohan, Mohan, Benjamin Swinburne, Swinburne, Eric Sheridan, Sheridan, Erik Woodring, Woodring, Fred Imbert Organizations: CNBC, Apple, Nvidia, NVIDIA, Bank of America, Spotify, Amazon, Services Locations: North America

☆ Medium is cutting more than $500K in monthly cloud spend. More companies could follow suit.
▼ + stars: | 2024-04-22 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +3 min

It's not just Stubblebine who plans to continue cutting cloud costs. The cloud industry refers to cost-cutting as "cloud optimization." Last year, cloud providers like Amazon Web Services and Microsoft cited cloud optimization as the reason cloud sales growth had slipped to historic lows. As growth has crept back up in recent months, these same companies have declared the days of cloud optimization to be over. But Stubblebine thinks that cloud optimization is part of a broader mentality shift sweeping the pre-IPO startup world.

Persons: —, Tony Stubblebine, What's, Stubblebine, It's, We're, Ellen Thomas Organizations: Service, Business, Barclays, Amazon Web Services, Savings, Microsoft Locations: Snowflake

☆ Bitcoin miners brace for impact as halving goes live
▼ + stars: | 2024-04-21 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +17 min

The technical event is relatively simple: Bitcoin miners get paid in bitcoin to validate transactions, and after 210,000 blocks of transactions are computed and added to the main chain, the reward given to the miners securing bitcoin is 'halved.' The aggregate market cap of the 14 U.S.-listed bitcoin miners tracked by JPMorgan analysts declined 28% over the first half of April to $14.2 billion, reaching year-to-date lows. Some have billed the 2024 bitcoin halving as a seminal moment for the mining sector. Marathon, along with other mining firms, has begun diversifying its business model into ancillary operations beyond purely bitcoin mining. Sullivan continued, "Bitcoin mining sites can only be repurposed if they meet the attributes that are required for HPC.

Persons: AUSTIN , TEXAS — Adam Sullivan, bitcoin, Sullivan, they'll, it's, Core's Sullivan, Bitdeer, Needham, Haris Basit, Basit, Cantor Fitzgerald, Greg Beard, Beard, Bitdeer's, Jason Les, Les, Fred Thiel, Capex, Thiel, Stronghold's Beard, Nic Carter, Blackrock, Bill Barhydt, Barhydt, Island's Carter isn't, Carter, CoinShares Organizations: bitcoin, CNBC, JPMorgan, Cipher, Bitdeer Technologies, Mining, Miners, Riot, Island Ventures, Circuits, Nvidia, CoreWeave, Bitcoin, HPC Locations: AUSTIN , TEXAS, Texas, bitcoin, U.S, Rockdale , Texas, Singapore, Bitcoin, Hong Kong, Abra, Europe, Dalton , Georgia, North America

☆ Earnings playbook: Your guide to trading a huge week of reports, including Meta Platforms
▼ + stars: | 2024-04-21 | by ( Fred Imbert | ) www.cnbc.com time to read: +9 min

Tesla is set to report earnings after the bell. What history shows: Bespoke data shows Tesla beats earnings estimates 63% of the time. What history shows: Boeing shares have risen in four of the past five earnings days, Bespoke data shows. Meta Platforms is set to report earnings after the closing bell. What history shows: Microsoft earnings have beaten earnings estimates in six straight quarters, Bespoke data shows.

Persons: Michael Wayland, FactSet, Tesla, TSLA, Emmanuel Rosner, Dave Calhoun, Peter Saleh, Saleh, Chipotle, Morgan Stanley's, Ford, Jim Farley's, Ronald Josey, Jordan Novet Organizations: General Motors, CNBC, Tuesday, GM, Wall, Motors, Investment, Deutsche Bank, EV, Boeing, Ford, Management, Ford Motor, Detroit, Investors, Citi, Meta, Bloomberg News, Apple, Microsoft Locations: California

☆ These 5 stocks will power the AI revolution as data centers spread and electricity demand doubles, says Bank of America
▼ + stars: | 2024-04-20 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

The rise in power demand for data centers — which are booming from the need to support a new world of AI technologies — is also fueling demand for the providers of data center parts. "Expected power usage for U.S. data centers under construction is equivalent to more than 50% of the power currently used by U.S. data centers. Several years out, even after these data centers are constructed, some expect data center power consumption to double again," analyst Thomas Thornton wrote in a Wednesday note. Management is raising its own capital expenditures for the first time in a decade to meet the power demand for data centers, BofA added. To be sure, analysts mentioned that data center demand will likely exceed supply.

Persons: Thomas Thornton, Thornton, BofA, David Barden, Barden, Equinix, Eaton Organizations: Bank of America, Caterpillar, Management, Realty Trust, Digital Realty, Software, Aspen Tech, Constellation Energy, Dominion Energy

☆ Google terminates 28 employees after multi-city protests: Read the full memo
▼ + stars: | 2024-04-18 | by ( Hayden Field | ) www.cnbc.com time to read: +7 min

Google workers have the right to peacefully protest about terms and conditions of our labor. Last month, Google Cloud engineer Eddie Hatfield interrupted a keynote speech from the managing director of Google's Israel business stating, "I refuse to build technology that powers genocide." That same week, an internal Google employee message board was shut down after staffers posted comments about the company's Israeli military contracts. The Israeli Ministry of Defense reportedly sought consulting services from Google to expand its access to Google Cloud services. "A small number of employee protesters entered and disrupted a few of our locations," a Google spokesperson told CNBC Wednesday evening.

Persons: Thomas Kurian's, Chris Rackow, Googlers, Cheyne Anderson, Anderson, Eddie Hatfield, Hatfield, Israel, Ariel Koren, It's, Hasan Ibraheem, Ibraheem Organizations: Google, CNBC, Google Cloud, Apartheid, Protesters, Hamas, enclave's Health Ministry, Israeli Ministry of Defense, The New York Times, Security, New Locations: New York, Sunnyvale , California, Sunnyvale, Seattle, Washington, Israel, Gaza, South Africa, York, New York City

☆ 3 reasons companies are investing in AI-powered PCs
▼ + stars: | 2024-04-18 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

Organizations and individuals who delay investing in the latest AI PCs risk falling behind in an increasingly competitive landscape where technological advancements are essential for staying innovative, collaborative, and secure. These AI PCs possess the ability to anticipate and comprehend user requirements, resulting in a highly personalized and responsive interaction. The new Latitude AI PCs can deliver up to 38% less power when running AI-enhanced collaboration features like Zoom.22. Content creators can save time by generating images 1.7 times faster with StabilityAI on their Dell AI PCs or Dell AI workstations with new Intel processors.33. Knowledge workers can optimize their Dell AI PCs by utilizing just 1% of CPU usage, effectively detecting malware with Crowdstrike4.

Persons: cyberattacks, Dell, Read, Forrester Organizations: Forrester, Processing, Dell, Intel, Dell Optimizer, Dell Technologies, Insider Studios, Forrester Consulting, Services Locations: NPU, Argentina, Chile, China, Colombia, Costa Rica, Guatemala, Hong Kong, Korea, Malaysia, Russia, South Africa, Taiwan, Ukraine, Venezuela, Vietnam, Thailand, Philippines

☆ Google fired 28 employees for staging in-office protests against the company's contract with Israel
▼ + stars: | 2024-04-18 | by ( Ana Altchek | Meghan Morris | ) www.businessinsider.com time to read: +6 min

Nine Google employees were arrested after protesting the company's contract with Israel. AdvertisementA small group of Alphabet employees' long-simmering protests against the Google parent company's work with Israel ended with more than two dozen terminations on Wednesday. Google fired 28 employees who participated in office protests in New York and California on Tuesday, the company said on Wednesday. Last month, a Google employee protesting the contract was fired for disrupting a talk in New York by the company's head of Israel. Related storiesMore than 100 people, including Google workers, protested the project outside the company's New York office in 2022.

Persons: —, Israel, Santa Clara County, Chris Rackow, Nimbus, Dzanh Le, Speaks Le, Le, Hasan Ibraheem, Ibraheem Organizations: Google, Israel, Service, Amazon, New York . Police, New York Police Department, Tech, Apartheid, Hamas, BI, Sunnyvale Police, Bloomberg Locations: California, New York, Sunnyvale , California, New York City, Sunnyvale, Santa Clara, Israel, York, Google's New York City

☆ Leaked presentation reveals Microsoft's astounding plan to ramp up data center capacity for the AI boom
▼ + stars: | 2024-04-17 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

Since July 2023, the start of Microsoft's latest fiscal year, the company delivered more than 500 megawatts of new data center capacity, the document revealed. The rise of generative AI and huge foundation models is fueling a new data center boom. Microsoft's 5 gigawatts of installed data center capacity is equivalent to Hong Kong or Portugal's annual energy consumption, according to Shaolei Ren, an electrical and computer engineering professor at UC Riverside. This will require Microsoft to deliver more than 200 megawatts in data center capacity every month. "This is a very large data center capacity."

Persons: Shaolei Ren, Ren Organizations: Microsoft, Business, OpenAI, UC Riverside, BI Locations: Hong Kong

☆ Google workers arrested after nine-hour protest in cloud chief's office
▼ + stars: | 2024-04-17 | by ( Hayden Field | ) www.cnbc.com time to read: +6 min

Nine Google workers were arrested on trespassing charges Tuesday night after staging a sit-in at the company's offices in New York and Sunnyvale, California, including a protest in Google Cloud CEO Thomas Kurian's office. Anderson had flown to Sunnyvale for the protest in Kurian's office and was one of the workers arrested Tuesday. Last month, Google Cloud engineer Eddie Hatfield interrupted a keynote speech from the managing director of Google's Israel business stating, "I refuse to build technology that powers genocide." The Israeli Ministry of Defense reportedly sought consulting services from Google to expand its access to Google Cloud services. "A small number of employee protesters entered and disrupted a couple of our locations," a Google spokesperson told CNBC.

Persons: Thomas Kurian's, Cheyne Anderson, Anderson, Eddie Hatfield, Hatfield, Israel, Ariel Koren, It's, Hasan Ibraheem, Ibraheem, Googlers Organizations: Google Cloud, Apartheid, Google, CNBC, Hamas, enclave's Health Ministry, Israeli Ministry of Defense, The New York Times, Security, New, Sunnyvale Locations: New York, Sunnyvale , California, Sunnyvale, Seattle, Washington, Israel, Gaza, South Africa, York, New York City

☆ Leaked presentation reveals Microsoft's astounding plan to ramp up data-center capacity for the AI boom
▼ + stars: | 2024-04-17 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

Microsoft significantly expanded its data-center capacity recently and plans to ramp up growth to astounding levels going forward, according to an internal document obtained by Business Insider. Since July 2023, the start of Microsoft's latest fiscal year, the company delivered more than 500 megawatts of new data-center capacity, the document disclosed. This requires Microsoft to deliver more than 200 megawatts in data-center capacity every month. "This is a very large data-center capacity." Microsoft's GPU footprint expanded into 39 additional data centers in this period, and the company now has "AI clusters" live in 98 locations globally.

Persons: Shaolei Ren, Ren Organizations: Microsoft, Business, Operations, Innovation, OpenAI, University of California, BI Locations: Riverside, Hong Kong

☆ 3 reasons organizations should bring AI to their data
▼ + stars: | 2024-04-16 | by ( Sponsor Post | ) www.businessinsider.com time to read: +5 min

The public cloud model has been a boon for organizations in terms of flexibility and scalability, and many organizations might think running AI workloads in the public cloud would be a logical choice. Organizations are beginning to see real advantages when they shift AI models closer to where the data originates for processing. Here are three reasons organizations should bring AI to their data. When both your AI model and data reside securely within your environment, you are in complete control, and better able to safeguard against unauthorized access and leaks. Gain cost efficienciesOperating AI technologies in your own environment can also help curb the potential for burgeoning costs associated with public cloud services.

Organizations: Gartner, Dell Technologies, Insider Studios

☆ AMD rolls out its latest chips for AI PCs as competition with Nvidia and Intel heats up
▼ + stars: | 2024-04-16 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

AI PCs are personal computers equipped with processors designed to perform AI tasks, such as real-time language translation and summarization. Referring to them as the most powerful chips yet for business PCs, AMD said the Ryzen Pro 8040 series processors for laptops and the Ryzen Pro 8000 series processors for desktops are built with the advanced 4-nanometer technology. These new AMD chips will compete against Nvidia's and Intel's chips that are specifically designed for AI PCs. Instead, it outsources the manufacturing of its chips to semiconductor foundries, mainly to the world's largest contract chipmaker Taiwan Semiconductor Manufacturing Company . AMD and Intel have talked up AI PCs as a new era for the industry.

Persons: Omar Marques Organizations: Getty Images, Nvidia, Intel, AMD, HP, Lenovo, Taiwan Semiconductor Manufacturing Company, TSMC Locations: POLAND

☆ Wall Street is bullish on copper, thanks to AI. Analysts love these stocks, giving one 234% upside
▼ + stars: | 2024-04-15 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Copper is used in data centers for power cables, electrical connectors, power strips and more, Jefferies noted in an April 10 note. It estimates that global copper demand by data centers will increase from 239 kt (thousand tons) in 2023 to at least 450 kt per annum in 2030. "Hopes for GenAI / data centre copper demand growth are adding to investor bullishness on copper, against a backdrop of constrained supply," it wrote. For those looking to buy into the sector, CNBC Pro screened for stocks in the Global X Copper Miners ETF. In addition to the Global X Copper Miners ETF, those who want to invest in this sector via exchange-traded funds can consider the Sprott Copper Miners ETF and the iShares Copper and Metals Mining ETF.

Persons: Jefferies, Morgan Stanley, It's Organizations: CNBC Pro, Copper Miners, Solaris Resources, Filo Mining, Miners, Metals Mining

☆ Top Wall Street analysts like these 3 stocks for their growth prospects
▼ + stars: | 2024-04-14 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Top Wall Street analysts are calling out their favorite stocks with a focus on their long-term growth prospects. To that end, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Ahead of the company's quarterly results, several analysts have been reaffirming their bullish views on the stock. The top line gained from increased sales volumes of golf balls, clubs and golf gear under the company's Titleist brand. Tigress Financial analyst Ivan Feinseth reaffirmed a buy rating on GOLF stock and increased the price target to $74 from $68.

Persons: James Lee, AMZN, Lee, TipRanks, Ivan Feinseth, Feinseth, Acushnet, Goldman Sachs, Kate McShane, McShane, BJ Organizations: Wall, Amazon Web Services, Amazon, Holdings, Acushnet Holdings, Tigress, Acushnet, BJ's, Wholesale

☆ Accounting jobs are in high demand—many pay over $100,000 and can be done from home
▼ + stars: | 2024-04-12 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

Many accountants resign due to inadequate pay and limited opportunities for career advancement, according to a recent report from The Institute of Management Accountants (IMA) and Robert Half, which surveyed over 1,200 current and former accounting and finance professionals. Britton says accountants leaving the field are often moving into jobs in finance and technology. To alleviate the talent shortage, more companies are increasing entry-level salaries for finance and accounting roles, offering referral bonuses and hiring temporary workers, the IMA and Robert Half report found. Many of these jobs offer remote or hybrid options, Robert Half found. Britton anticipates that the percentage of accounting jobs that are remote or hybrid will likely grow in the coming months as employers adjust their recruitment strategies to attract more talent.

Persons: Robert Half, Brandi Britton, Britton, they're, you've, Deloitte —, Julia Pollak, — Organizations: Wall Street, The Institute of Management Accountants, IMA, Public, BLS, Accountants, Bloomberg, Big, KPMG, PWC, EY, Deloitte, CNBC Locations: U.S, FlexJobs

☆ Burnout fears force bosses to explore a four-day workweek
▼ + stars: | 2024-04-12 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Burnout is such a problem for workers that some bosses are considering shrinking the length of the workweek. “It’s way too early to declare the four-day work week part of the future. Some companies that have experimented with shorter workweeks are sticking with it. “My guess is a widespread four-day workweek could be years away – if ever,” he said. “It’s possible that generative AI might make the four-day workweek more realistic,” Knopp said.

Persons: ” Paul Knopp, Knopp, It’s, ”, “, don’t, haven’t, ” Knopp Organizations: New, New York CNN, KPMG, CNN, Gallup Locations: New York, United States, Europe, United Kingdom

☆ Want to ride the next wave of the AI trade beyond tech? These 2 portfolio stocks fit the bill
▼ + stars: | 2024-04-10 | by ( Morgan Chittum | ) www.cnbc.com time to read: +10 min

Eaton and DuPont are both unconventional AI plays, as the data center market grows to meet the demands of the generative AI boom. Wells Fargo Investment Institute last month described rising data center demand as having positive "trickle-down effects" on the industrial sector. WFII wrote that spending from Big Tech firms into data centers, in particular, creates "meaningful downstream impacts" for industrial companies. Amazon Web Services is reportedly investing nearly $150 billion in data centers within the next 15 years to support AI efforts. During a Barclays investor conference in February, CFO Lori Koch said DuPont's data center and AI exposure will help boost the company's electronics business.

Persons: Eaton, Jensen Huang, Huang, chipmaker, Sameer Samana, WFII, Jim Cramer, Eaton's, DuPont, Lori Koch, Koch, Jim Cramer's Organizations: The, DuPont, Club, Nvidia, Wells, Wells Fargo Investment Institute, CNBC, Big Tech, —, Microsoft, Services, McKinsey, workloads, Electrical, Management, Barclays, Wall Street, RBC Capital Markets, Eaton, RBC, U.S, De Nemours, DuPont's Electronics, Semiconductor Technologies, DuPont's Semiconductor Technologies, Jim Cramer's Charitable Locations: Wells Fargo, U.S, Eaton, China

☆ Data centers are set for an AI-fueled boost, UBS says — naming 3 stocks to play the trend
▼ + stars: | 2024-04-09 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Data centers house vast amounts of computing power needed for AI workloads, and that need is set to grow as many tech companies are rapidly developing infrastructure for artificial intelligence. The bank named three stocks to play the trend: U.S.-listed power management firm Eaton , French energy tech firm Schneider Electric and U.S. power tech firm Cummins . It says Eaton is the key U.S. play on data centers, with 14% exposure and "broad favourable trends" in electrification, while Cummins has "favourable backup power exposure" to data centers. UBS gave Eaton a price target of $330, representing marginal downside. It gave the stock a price target of 250 euros ($270), or around 20% potential upside.

Persons: Eaton, Cummins, Schneider, — CNBC's Michael Bloom Organizations: UBS, Capital Goods, Schneider Electric

☆ Google announces custom Arm-based chips, following similar efforts at rivals Amazon and Microsoft
▼ + stars: | 2024-04-09 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Google is trying to make cloud computing more affordable with a custom-built Arm -based server chip. With the new Arm-based chip, Google is playing catch-up with rivals such as Amazon and Microsoft, which have been employing a similar strategy for years. Google has used Arm-based server computers for internal purposes to run YouTube advertising, the BigTable and Spanner databases and the BigQuery data analytics tool. Arm chips, which are popular in smartphones, offer a shorter set of instructions than x86 chips, which are commonly found in PCs. Axion offers 30% better performance than the fastest general-purpose Arm-based virtual machines in the cloud and 50% better performance than than comparable VMs based on x86, Google said.

Persons: Chirag, Gartner, Graviton, Alibaba, Thomas Kurian, Dekate, Christina Malbon Organizations: Google, Microsoft, Amazon, Gartner, Amazon Web Services, Chirag Dekate, CNBC, Oracle, Arm Holdings, AMD, Intel Locations: Las Vegas, Sprinklr

☆ Google just unveiled a new weapon against Microsoft and Amazon in the AI arms race
▼ + stars: | 2024-04-09 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

The move gives Google an edge in its competition with Amazon and Microsoft in the AI cloud race. Google said Axion will deliver better performance and energy efficiency than prior chips. AdvertisementGoogle has a new edge against competitors like Amazon and Microsoft: it's partnering with Arm to make more of its own chips. It's following Amazon Web Services and Microsoft Azure in creating custom Arm-based processors. Google said Axion will improve performance for "general-purpose workloads," like open-source databases, web and app servers, in-memory caches, data analytics engines, media processing, and AI training.

Persons: — Organizations: Google, Amazon, Microsoft, Service, Web Services, Cloud, Business

☆ China's plan for reinvigorating its economy has the West worried, but others still see an opportunity
▼ + stars: | 2024-04-08 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at how China's plan for reinvigorating its economy has the rest of the world worried . The country is overproducing goods and then flooding global markets with them to save its struggling economy, writes Business Insider's Huileng Tan. Decades ago, as the country opened up its economy, China underwent rapid industrialization, allowing it to produce cheap goods. AdvertisementUS Treasury Secretary Janet Yellen has already warned China shock 2.0 could destabilize the global economy, specifically impacting green-energy exports . He pointed to China's GDP growth outpacing the US when the numbers are adjusted for disinflation and inflation in each country, respectively.

Persons: —, Chelsea Jia Feng, Huileng Tan, Huileng, China's, Janet Yellen, Tyler Le, Ray Dalio, that's, it's, Dalio's, Nicholas R, Lardy, Donald Trump, M, There's, Angus Deaton, Walter Huang, Sevonne Huang, Justin Sullivan, Alyssa Powell, Tesla, Hubspot, Mikel Jaso, Zers, That's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, West, New York Federal Reserve, Bridgewater Associates, Getty, Apple, Reuters, Google, McKinsey Locations: China, Glendale, Ariz, New York, London, Chicago

☆ How Microsoft Azure Arc Brings Cloud Solutions to Hybrid Environments
▼ + stars: | 2024-04-03 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

That's why Microsoft is committed to meeting customers wherever they are, with adaptive solutions that bring their data together from the ground to the cloud, with Azure Arc. As of 2023, World Bank had connected about 25% of its SQL Server estate to Azure Arc. Today, World Bank and Microsoft are working together on additional functional elements to improve optimization of Azure Arc. "We've already seen how Azure Arc can make us more efficient and reduce our operating costs. "We've already seen how Azure Arc can make us more efficient and reduce our operating costs.

Persons: it's, Chandra Kala Macha, Kala Macha, It's, We've Organizations: Microsoft, Bank, World Bank, IT, Intel, Technology, QuickAssist, Arc, Insider Studios

☆ 3 keys to curbing data security risks when adopting generative AI
▼ + stars: | 2024-04-03 | by ( Sponsor Post | ) www.businessinsider.com time to read: +5 min

Generative AI is poised to boost annual profits by $2.6 to $4.4 trillion, according to consulting firm McKinsey & Company. As is the case with any nascent technology, generative AI services come with their fair share of risks and uncertainties, but running generative AI solutions in your data center may result in more flexibility and control over data. Fast Facts: Generative AI is poised to boost annual profits by $2.6 to $4.4 trillion45% of IT decision-makers cited risks to data and IP as the top reason they are hesitant about embracing generative AI. of IT decision-makers cited risks to data and IP as the top reason they are hesitant about embracing generative AI. Weigh generative AI's many risksControl is critical at a time when concerns about managing generative AI technologies loom large.

Persons: LLMs, Dell Organizations: McKinsey & Company, Dell Technologies, Dell, Insider Studios Locations: GenAI

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