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Top related persons:
Alibaba - 2 Goldman Sachs - 1 Goldman - 1 I'm - 1 I've - 1 CNBC's Jim Cramer - 1 Snowflake - 1 Sridhar Ramaswamy - 1
Top related locs:
Snowflake San Francisco The Bozeman , Montana China Asia Pacific
Top related orgs:
Alibaba - 2 Snowflake Inc - 1 Cloud - 1 Nvidia - 1 Cloud Summit - 1 U.S - 1 CNBC - 1 Synergy Research - 1

Search resuls for: "Cloud Summit"


7 mentions found


☆ What options traders mean when they say they are 'buying volatility'
  + stars: | 2024-05-31 | by ( Michael Khouw | ) www.cnbc.com   time to read: +7 min
Institutional options traders frequently refer to "buying" or "selling" volatility, but what does this mean? These allow investors to trade future realized volatility against current implied volatility. A buyer of a variance swap pays the "implied volatility" - consider this to be the market's current expectation for future volatility over some predetermined period, in return for receiving the "realized volatility". A variance swap buyer will profit if realized volatility exceeds implied volatility, and a seller will profit if implied volatility exceeds realized. The first is that a VIX future is not as reactive to changes in the VIX Index as one might expect.
Persons: Goldman Sachs, Goldman, I'm, I've Organizations: Snowflake Inc, Cloud Locations: Snowflake, The Bozeman , Montana, San Francisco
☆ Snowflake CEO talks collaboration with Nvidia: 'There's a lot to come'
  + stars: | 2024-05-22 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
In a Wednesday interview with CNBC's Jim Cramer, Snowflake CEO Sridhar Ramaswamy indicated the cloud data company will collaborate further with artificial intelligence darling Nvidia . There's a lot to come and Jensen's, of course, a visionary when it comes to AI," Ramaswamy said, referencing Nvidia chief Jensen Huang. Ramaswamy also said Snowflake's enterprise customer base is growing and described what the company can do for names like Kraft Heinz . For example, he said Snowflake's AI offerings can analyze customer feedback data to help determine automated responses to questions. "The era of enterprise AI is here, right here at Snowflake."
Persons: CNBC's Jim Cramer, Snowflake, Sridhar Ramaswamy, Ramaswamy, Jensen Huang, Huang, he's, Kraft Heinz Organizations: Nvidia, Cloud Summit Locations: San Francisco, Snowflake
☆ Alibaba begins rollout of its ChatGPT-style tech as China A.I. race heats up
  + stars: | 2023-06-01 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +1 min
Alibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Alibaba on Thursday began rolling out its ChatGPT-style technology as Chinese tech giants look to take a lead in the country's artificial intelligence race. It has gone viral, sparking huge interest in the area of generative AI, the technology which underpins ChatGPT. Last month, Alibaba revealed Tongyi Qianwen, its large language model — a system that is trained on huge amounts of data in order to recognize and generate content. Alibaba's cloud computing division, which is leading the AI charge for the company, said Thursday that Tongyi Qianwen will be integrated into a digital assistant called Tingwu.
Persons: Alibaba, Tongyi Qianwen, Tongyi Tingwu Organizations: Alibaba, U.S
☆ Alibaba to cut 7% of workforce in its cloud unit as it pursues IPO for the division
  + stars: | 2023-05-23 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +2 min
Alibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Alibaba is cutting 7% of the workforce in its cloud computing division as the unit gears up for an initial public offering. Last week, the company announced plans for a full spin-off of its cloud computing unit and said it intends for the division to become an independent publicly listed company. Alibaba's CEO Daniel Zhang has long-seen cloud computing as a key part of the e-commerce giant's future but it currently accounts for just 9% of the group's total revenue. TikTok owner ByteDance began moving its international operations off of Alibaba's cloud which continues to weigh on the company's cloud business.
Persons: Alibaba, Daniel Zhang, Zhang, ByteDance Organizations: Alibaba, CNBC, Synergy Research, Microsoft, Google Locations: China, Asia, Pacific
☆ Alibaba plans to list cloud division as quarterly revenue misses expectations
  + stars: | 2023-05-18 | by ( Ryan Browne | ) www.cnbc.com   time to read: +5 min
In this article BABABABA Follow your favorite stocks CREATE FREE ACCOUNTAlibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Bloomberg | Bloomberg | Getty ImagesAlibaba announced plans to spin off its cloud division as a separate, publicly traded company, while the e-commerce titan's quarterly revenue missed expectations. In its Thursday report, Alibaba said it plans to spin off its cloud division as a newly listed company, subject to restructuring certain assets, liabilities and contracts, and regulatory approvals. Dan Ives, an analyst at Wedbush Securities, said Alibaba's cloud spin-off plan was a "no brainer strategic move that we believe adds to the sum of the parts valuation on BABA." "We believe this was a step in the right direction for the Alibaba story," Ives told CNBC in emailed comments Thursday.
☆ Alibaba shares tumble after SoftBank reportedly sells most of its stake
  + stars: | 2023-04-12 | by ( Jonathan Vanian | ) www.cnbc.com   time to read: +2 min
Alibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Alibaba shares dropped nearly 3% in after-hours trading after regulatory files revealed that SoftBank has sold a majority of its stake in the company. SoftBank has sold roughly $7.2 billion worth of shares in the Chinese ecommerce giant via prepaid forward contracts, according to an analysis of the corporate filings by The Financial Times, published on Wednesday. Because of the sales, the report noted that SoftBank will now only maintain a 3.8% stake in Alibaba, which has a market cap over nearly $250 billion. It was only about three years ago that SoftBank maintained a nearly 25% stake in the tech giant worth over $100 billion.
☆ Alibaba to roll out its rival to ChatGPT across all its products
  + stars: | 2023-04-11 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +1 min
In this article BABA Follow your favorite stocks CREATE FREE ACCOUNTAlibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Bloomberg | Bloomberg | Getty ImagesStock Chart Icon Stock chart icon Alibaba set to release its rival to ChatGPTAt the 2023 Alibaba Cloud Summit, the company said it will be rolling out the artificial intelligence-powered chatbot into all Alibaba products from enterprise communication to e-commerce in "the near future." It did not reveal a timeline. "We are at a technological watershed moment driven by generative AI and cloud computing, and businesses across all sectors have started to embrace intelligence transformation to stay ahead of the game," said Daniel Zhang, chairman and CEO of Alibaba Group and CEO of Alibaba Cloud Intelligence, in a statement. Alibaba first told CNBC it was working on a ChatGPT rival in February.
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