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AWS to invest $5.3 to build data centers in Saudi Arabia to bolster tech in the region

CIO Business Intelligence

Amazon Web Services (AWS) is the latest high-tech giant to announce a major stake in Saudi Arabia’s burgeoning technology industry, unveiling a plan this week to invest more than $5.3 Amazon Web Services, Cloud Computing, Technology Industry

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Buyer’s guide: High-performance computing (HPC) for AI

Network World

Still, because the cloud market is starting from a much smaller base, by 2026 it will still be only be half the size of the on-premises HPC server market, predicts Hyperion. HPC as a service : Another key trend is the emergence of HPC as a fully managed service inside enterprise data centers. What is IoT?

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OpenAI is building its own AI chip to reduce reliance on Nvidia

Dataconomy

The report comes from Reuters , which indicated that testing could occur ahead of mass production, targeted for 2026. Major tech companies such as Amazon Web Services, Microsoft, Google, and Meta Platforms are also investing in their own silicon to optimize performance and efficiency as they build out their AI capabilities.

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5 AI stocks to buy in January and hold for the long haul

Dataconomy

In January 2024, several artificial intelligence stocks show promise as the technology continues to evolve. Salesforce projects deploying 1 billion Agentforce AI agents by the end of fiscal 2026, with the platform operating on a consumption model priced at $2 per conversation. reflecting its potential value.

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Buyer’s guide: Edge data centers

Network World

Enterprise and service provider spending on hardware, software, and services for edge solutions will reach nearly $317 billion by 2026; and 75% of organizations say they intend to increase their edge spending by an average of 37% over the next two years, according to IDC.

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Where BigBear.ai stock could land over the next decade

Dataconomy

Bulls in the market anticipate that BigBear.ai’s government contracts, partnerships with Palantir and Amazon Web Services (AWS), and Pangiam’s growth will drive expansion over the next several years. Can BigBear.ai’s stock balance growth and losses to hit $7?

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As AI use surges, tech companies race to secure clean energy and preserve climate goals

GeekWire

Helion Photo) The rapid growth of artificial intelligence is driving new demand for cloud computing infrastructure operated by tech giants including Amazon and Microsoft, which are investing billions of dollars each year into the construction of data centers that gobble massive amounts of energy. In the U.S.

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