Amazon CEO Andy Jassy told investors on Thursday's second-quarter earnings call that about 85% of global IT spending is currently for on-premise company servers, a mix he predicts will flip over the n…
Copper price volatility is hitting Asia-Pacific data centre developers harder than global peers due to the region's inefficient power grids requiring more copper, analysts say. Alexander Kheder of BMI…
Open-weight AI models from Chinese labs are proving to be a terrible business, unlike open-source software, according to financial disclosures and analyst reports. Zhipu, the lab behind GLM 5.2, lost …
Meta spent over $14.3 billion to hire Alexandr Wang and former Scale AI engineers, who delivered the proprietary foundation model Muse Spark in April, marking a shift from Meta's open-weight strategy.…
Nutanix reported $703.1 million in quarterly revenue, exceeding its $670 million guidance and marking its 15th consecutive quarter of roughly 10 to 12 percent revenue growth. The company posted GAAP n…