AI, spearheaded by CrowdStrike and Google, is redefining cybersecurity, shifting it from a risk to an indispensable asset, revolutionizing defense strategies against evolving threats.
Google Cloud
GenAI emerges as a pivotal tool for business leaders, focusing on data access, productivity, and personalized experiences.
AI Ecosystem Report Ep. 31: ServiceNow, Hugging Face, and Nvidia partner to develop open-access LLMs for code generation; Figure secures funding for building AI-powered humanoid robots; and Google releases Gemma models in partnership with Hugging Face.
The moves by Microsoft, Google Cloud, and Amazon to eliminate data-egress fees represents a significant victory for business clients, with Oracle also playing a role, alongside the impetus from impending EU data regulations.
Recent decisions by major cloud providers to drop data egress fees signifies a significant shift in industry dynamics, driven by pressure from the highly influential Larry Ellison and evolving customer demands.
Oracle announces 40 AI deals totaling $1 billion and strong Q3 cloud growth at 25% to $5.1 billion as well as reveals plans for the world’s largest AI data center.
Oracle reported strong Q3 results with $5.1 billion in total cloud revenue, up 25%, but acknowledged falling short of meeting customer demand due to data-center capacity constraints.
Oracle is expected to deliver a 51% increase in Q3 cloud-infrastructure revenue, underlining its prowess in attracting major clients and reshaping industry dynamics.
The UiPath Business Automation Platform is available on Google Cloud Marketplace, simplifying the process of buying, deploying, and scaling UiPath automation within the Google Cloud ecosystem.
Google announces its new family of lightweight open models, Gemma, as well as a push for responsible GenAI use.
With a $2M commitment, Google spearheads the AI Cyber Defense Initiative, sharing the Magika AI tool, and uniting with global startups, marking a significant move towards strengthening cybersecurity resilience.
AI Index Ep 28: Super Bowl commercials highlight generative AI; Perplexity raised $73.6M; and Pecan AI develops predictive-model offerings.
Snowflake, Workday, and Salesforce experience the greatest market cap percentage gains among the Cloud Wars Top 10. The index reflects customer confidence in these firms.
The Cloud Wars Cloud and AI Confidence Index reaches an all-time high, led by Microsoft, Google, and Amazon, which all gained well over $1 trillion in market cap.
Google boosts investments, allocating $11 billion in Q4 2023 and eyeing $50 billion in 2024 for technical infrastructure, fueled by the GenAI Revolution and Gemini AI models.
Google Cloud’s making a significant investment of $50 billion in technical infrastructure for the year 2024 to power its AI products and services.
Thomas Kurian introduces Gemini, the pioneering model enabling simultaneous reasoning across various information modalities.
SAP is investing significantly in AI for future success and reconstituting positions to meet customers’ evolving needs.
Google Cloud and Kyndryl bring their respective platforms and services together to help customers drive GenAI results and do so responsibly.
ServiceNow’s CEO Bill McDermott outlines the company’s growth trajectory, emphasizing the pivotal role of GenAI and evolving customer relationships in its transformative journey.