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☆ How Elon Musk hopes his new supercomputers will boost his businesses
  + stars: | 2024-09-21 | by ( Magdalena Petrova | ) www.cnbc.com   time to read: +3 min
Dojo will process and train AI models using the large amounts of video and data captured by Tesla cars. Subscriptions to Tesla's FSD features cost $99 a month and include automatic lane changes, automatic parking and automatic stopping for traffic lights and stop signs. Tesla hopes Dojo, which Musk says has been running tasks for Tesla since 2023, will change that. Musk has said that Tesla plans to spend $10 billion this year on AI. To learn more about Elon Musk's supercomputer plans, watch the video.
Persons: Elon Musk, Tesla, They've, let's, Steven Dickens, Cruise, Didi, Musk Organizations: Futurum, Baidu, Microsoft, Google, Memphis, Elon Locations: Buffalo , New York, Austin , Texas, China, Memphis , Tennessee
☆ Amazon announces Q, an AI chatbot for businesses
  + stars: | 2023-11-28 | by ( Jordan Novet | ) www.cnbc.com   time to read: +3 min
Amazon on Tuesday announced a new chatbot called Q for people to use at work. The Copilot for Microsoft 365 and Duet AI for Google Workspace for business workers both cost $30 per person per month. As a result, with Q, people can discuss information that's stored in Microsoft 365, Dropbox, Salesforce and Zendesk, along with AWS' S3 data-storage service. Administrators will be able to determine whether Q can answer people's questions about general topics, said Deepak Singh, an AWS vice president. WATCH: The market now sees Amazon as more of a cloud and generative AI company, says Needham's Laura Martin
Persons: James Bond, Salesforce's Slack, Adam Selipsky, Selipsky, Steven Dickens, Q, Deepak Singh, Needham's Laura Martin Organizations: Amazon Web Services, Microsoft, Google, Star Trek, Futurum, AWS Locations: Las Vegas
☆ Oracle insiders say that even its all-important cloud unit is being dragged down by new restrictions on hiring — a major turnaround for a unit that usually gets whatever it wants
  + stars: | 2022-10-24 | by ( Jessica Xing | Ellen Thomas | ) www.businessinsider.com   time to read: +4 min
Oracle has restricted hiring at OCI, telling recruiters to stay away from expensive areas like SF. Its marketing and customer experience, or CX, divisions were among the hardest-hit units, but the company's cloud division, Oracle Cloud Infrastructure , or OCI, appeared to remain untouched. The restrictions inside OCI in particular follow a period of rapid hiring in 2021, when cloud firms raced to give candidates lucrative packages to win talent, the employee said. Business from OCI, especially with the addition of TikTok, has helped grow Oracle's revenue by 5% in the most recent fiscal year. Additionally, the firm's unwillingness to spend on labor has cost Oracle before, especially as its marketing cloud unit continues to lag behind competitor Salesforce.
☆ Oracle employees say new location-based hiring restrictions are even impacting the cloud unit, which is the one place the typically frugal company was always willing to spend big for talent
  + stars: | 2022-10-21 | by ( Jessica Xing | Ellen Thomas | ) www.businessinsider.com   time to read: +4 min
Oracle has restricted hiring at OCI, telling recruiters to stay away from expensive areas like SF. OCI is Oracle's big cloud computing bet, where the firm was always willing to spend top dollar. Its marketing and customer experience (CX) divisions were among the hardest-hit units, but the company's cloud division, Oracle Cloud Infrastructure (OCI), appeared to remain untouched. Business from OCI, especially with the addition of TikTok, has helped grow Oracle's revenue by 5% in the most recent fiscal year. Additionally, the firm's unwillingness to spend on its labor has cost Oracle before, especially as its marketing cloud unit continues to lag behind competitor Salesforce.
☆ VMware's $8 million SEC settlement over 'misleading' revenue statements is another reason for doubt, employees and analysts say
  + stars: | 2022-09-14 | by ( Jessica Xing | ) www.businessinsider.com   time to read: +5 min
Analysts say the allegations show VMware's lack of confidence in its big cloud subscription bet. The SEC claims the firm misled investors by — as early as 2019 — purposely delaying customer deals on VMware's cloud subscription product. Yet, the SEC charge is another way VMware's leadership has mishandled communication, according to employees. "Employees are repeatedly being kept out of the loop," one employee tells Insider. Concerns over growthAnalysts say the SEC charge indicates that VMware's growth isn't as fast as it should be.
☆ Some VMware partners say they're optimistic about the $61 billion Broadcom buyout and see it as an opportunity to cozy up to customers who fear they'll get lost in the deal's fallout
  + stars: | 2022-09-01 | by ( Paayal Zaveri | Jessica Xing | Jacob E. Robbins | ) www.businessinsider.com   time to read: +6 min
But some partners say they're optimistic and see an opportunity to cozy up to VMware customers. In fact, several VMware partners view the seismic buyout as an opportunity and hope to use it to their advantage. Even those who weren't as optimistic about Broadcom's takeover told Insider the 24-year-old company was in need of a shake-up. Why VMware partners are optimisticBefore the acquisition announcement, Broadcom told investors the firm was "totally focused on the priorities" of 600 top strategic accounts. "Broadcom is where good software goes to die," an employee from a VMware partner told Insider.
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