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AMD results: Gaining share, engaging enterprise amid ‘insatiable demand for more compute’

AMD results for the third quarter of 2024 saw its data center segment revenue increase more than 120% year-over-year to a record $3.5 billion. The company's total revenue for the third quarter was $6.8 billion. “We delivered strong third quarter financial results with record revenue...

AMD buys ZT for $4.9 billion to boost AI GPU capabilities

AMD has a string of AI-related investments; this one focuses on hyperscaler AI compute In its continued pursuit of a stronger arsenal of artificial intelligence capabilities, chip company AMD announced another major acquisition: A $4.9 billion cash-and-stock agreement to acquire New Jersey-based ZT Systems, which...

The three big telco AI questions

If you’ve recently attended or watched or read about any tech industry conferences, you’ve noticed the characterization of artificial intelligence (AI), both generative AI (gen AI) and more classical AI, as a sort of panacea for business problems regardless of industry. Telecom is no...

NVIDIA to buy AI edge-cloud management platform Run:ai

News from last week; NVIDIA has entered into a definitive agreement to acquire Israel-based Run:ai, a Kubernetes-based compute management and orchestration software provider. The US chip firm, which has seen its stock value spiral upwards in line with demand for graphics processing units (GPUs)...

AT&T leans into AI, and leans on Nvidia to do it

The scale of data which AT&T processes is staggering: More than 590 petabytes on a daily basis, the equivalent of 6.5 million 4K movies. Being able to process its data faster and more efficiently means tangible improvements in reduced cost (especially cloud costs), increased...

NVIDIA unveils EGX edge AI platform, Aerial 5G SDK; teams up with Microsoft, Ericsson

NVIDIA has announced a combination of edge computing and 5G networking innovations around its graphics processing unit (GPU) technologies, to drive scale of artificial intelligence (AI), internet of things (IoT), and 5G applications. Its new NVIDIA EGX Edge Supercomputing Platform is geared for rapid-fire data...