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Avanade Appoints Achal Kataria as India CEO, Focusing on AI and Cloud Transformation
Avanade Appoints Achal Kataria as India CEO, Focusing on AI and Cloud Transformation
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Broadcom and Marvell Technology Emerge as Key Players in Custom AI Chip Market Amidst Growing Demand from Hyperscalers
Broadcom and Marvell Technology Emerge as Key Players in Custom AI Chip Market Amidst Growing Demand from Hyperscalers
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Quintessent Secures $40 Million Series A for AI Datacenter Optical Interconnects
Quintessent Secures $40 Million Series A for AI Datacenter Optical Interconnects
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Atlassian Introduces Teamwork Graph CLI for Enhanced Cloud Service Interaction
Atlassian Introduces Teamwork Graph CLI for Enhanced Cloud Service Interaction
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Nvidia Customers Face Over 15% Price Hikes on AI Chips for Early Next Year Shipments
Nvidia Customers Face Over 15% Price Hikes on AI Chips for Early Next Year Shipments
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Nvidia Invests in Cloverleaf to Address AI Datacenter Power and Cooling Challenges
Nvidia Invests in Cloverleaf to Address AI Datacenter Power and Cooling Challenges
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Oracle Reports Strong Growth Driven by AI Contracts, Attracting Investor Interest
Oracle Reports Strong Growth Driven by AI Contracts, Attracting Investor Interest
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NVIDIA Considers Shipping AI Chips with Reduced Memory Amidst Industry Shortage
NVIDIA Considers Shipping AI Chips with Reduced Memory Amidst Industry Shortage
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Hewlett Packard Enterprise Focuses on High-Margin IT Services Amidst Market Challenges
Hewlett Packard Enterprise Focuses on High-Margin IT Services Amidst Market Challenges
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Reuters
Alibaba launches $10 billion Hong Kong share placement to fund AI spending
Aug 23 (Reuters) - China's Alibaba on Sunday launched a HK$80-billion ($10.2 billion) share placement to fund artificial intelligence-related development. A deal by the Chinese e-commerce and cloud computing giant would mark the largest-ever primary follow-on offering by a Hong Kong-listed company.
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Reuters
Alibaba plans $10 billion Hong Kong share placement to fund AI spending
Aug 23 (Reuters) - China's Alibaba said on Sunday it plans to sell HK$80 billion ($10.2 billion) in a share placement to fund artificial intelligence-related development.
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NTT DATA and Palo Alto Networks Form Global Strategic Alliance to Secure AI Transformation
NTT DATA and Palo Alto Networks Form Global Strategic Alliance to Secure AI Transformation
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