Cloud Computing

L&T to acquire 21% stake in E2E Networks in two-part Rs 1,406 crore deal

The strategic investment helps expand the company's Cloud service offering as part of the data centre business

Schneider Electric to buy data centre cooling firm Motivair for $850 mn

The US is the largest market but demand for data centres is growing elsewhere too

'Reasoning' AI will depend on cheaper computing, says Nvidia CEO Huang

Nvidia will set the stage for these advances by boosting its chip performance every year by two to three times, at the same level of cost and energy consumption, Huang said

Infosys expands partnership with Microsoft to boost Cloud, GenAI adoption

IT giant Infosys on Wednesday announced expansion of its partnership with Microsoft to help drive global customer adoption of generative AI and Microsoft's cloud platform Azure. Additionally, Infosys will also act as a strategic supplier to support cloud and AI workloads for Microsoft's enterprise customers. It will infuse Microsoft's generative AI suite of offerings across its Solution IP portfolio to bring unique capabilities to market, helping clients achieve cost-efficiency, scalability, and agility, according to a regulatory filing. "Our expanded collaboration with Infosys will transform industries, enhance business operations, elevate employee experiences, and deliver new value for customers. Together, we will harness the power of generative AI to deliver innovative solutions, drive AI adoption and enable unprecedented innovation for customers," Nicole Dezen, Chief Partner Officer at Microsoft, said. The collaboration aims to provide innovative solutions that enhance customer

Microsoft's Azure posts slowdown in growth, testing investors' patience

The company's Xbox video-gaming unit posted 61 per cent growth in content and services revenue, much of that fueled by the $69 billion purchase of Activision Blizzard, which was completed in October

Hexaware sets up new office in Coimbatore to focus on data, testing skills

Global Information technology services and solutions provider Hexaware Technologies has strengthened its footprint in Tamil Nadu with the inauguration of a new office in Coimbatore. The facility would aid the company's existing Business Process Services division which is already operational in the industrial district. The new office would focus on data and testing skills in data modernisation, automation, cloud, software development, data compliance, gen AI among others. "With our expansion in Coimbatore, we are excited to enhance our operational capabilities and access the talented workforce in emerging cities. This initiative highlights our ongoing efforts to innovate and deliver quality service," Chief Operating Officer Vinod Chandran said in a company statement on Friday. The decision to strengthen presence in Coimbatore stems from the strategic and operational advantages. The city boasts of robust talent pool and availability of skilled professionals. Coimbatore is an educatio

Applied Cloud Computing Announces Strategic Partnership with Oracle Inc. And RackWare Inc. for Seamless Cloud Migration, Management, and Disaster Recovery

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Boards need to embrace AI

That's the only way they can navigate future innovations, ethics, and mitigate risks

Industry 4.0: Uttar Pradesh govt to equip future workforce with AI

State's Abdul Kalam Technical University (AKTU) has signed a memorandum of understanding (MoU) with IBM for free online courses in such programmes across more than 500 affiliated colleges

Amazon Web Services launches GenAI service Bedrock in APAC Mumbai region

It will support customers across the country, including public sector organisations and companies in regulated industries

Over 250,000 Infosys employees are trained in GenAI: CTO Tarafdar

Tarafdar spoke how the company has built three million lines of codes using the technology and what is the purpose of its AI-first strategy

GPUaaS makes expensive piece of computing tech available to the wider world

GPUaaS lets businesses use the expensive chips as needed, paying only for what they use

Amazon beats estimates; AI boosts cloud growth, revenue forecast lags

Shares of the Seattle-based e-commerce and tech company climbed less than 2 per cent in extended trade after its current-quarter revenue forecast came in below expectations

90% of GCCs plan to harness AI, ML in 2-3 years, says ANSR report

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

Amazon Web Services owes $525 mn in cloud-storage patent fight: US jury

Chicago-based Kove sued Amazon in the US District Court for the Northern District of Illinois in 2018

TCS announces deal to 'transform' Danish firm Nuuday's IT infrastructure

Multi-million dollar agreement involves Nuuday's IT infrastructure being shifted to Cloud platform of TCS

About 30% of business applications have moved to cloud in India: Oracle

Kumar further added that today every customer across verticals like BFSI, telecom, retail, large or SMB etc., are discussing cloud and how fast they can do so

Wipro, RSA ink new multi-year contract to accelerate cloud migration

The contract will accompany RSA on its journey over the next couple of years to modernise its infrastructure and the use of Cloud technology

RBI to establish cloud facility for financial sector to secure data privacy

Focusing on digital banking, the RBI announced a regulatory framework for web-aggregation of loan products and proposed the establishment of a fintech repository by April 2024

Air India moves its IT infrastructure to Cloud, shuts down two data centres

Tata Group-owned airline said that the move is expected to help Air India save $1 million annually