IBM to Release Open-Source AI Models and Aid Saudi Arabia in AI Training

International Business Machines (IBM) announced on Tuesday its plan to release a suite of artificial intelligence models as open-source software. Additionally, the tech giant will assist Saudi Arabia in training an...

Walmart steps up digital transformation to improve customer experience

Walmart CEO Doug McMillon, announcing its financial result for the first quarter of 2024, has revealed how its investment in digital transformation is improving customer experience. Walmart does not reveal its investment...

Cloud share of AWS vs Microsoft vs Google in first-quarter

The latest report from Canalys has listed the share of Amazon Web Services (AWS), Microsoft and Google in the cloud services market in Q1 2024. Amazon Web Services (AWS) has 31 percent...

Palo Alto Networks revenue up 15% to $1.98 bn in third-quarter

Palo Alto Networks, a leading supplier of cyber security solutions, said its revenue for the third quarter ended April 20 grew 15 percent to $1.98 billion. Palo Alto Networks said expects fourth-quarter...

Rumble seeks $1 bn + from Google for business practices in digital advertising

Rumble, a leading video sharing platform, has sued Google, alleging the technology giant has engaged in anticompetitive practices in its digital advertising business. Google’s online advertising business is responsible for about three...

Video game spending trends in US: ESA report

Around 61 percent of Americans aged 5-90 engage in video gaming, equating to approximately 190.6 million people playing games for at least one hour each week, the Entertainment Software Association (ESA)...

Dell Technologies brings AI-capable PCs and servers

Dell Technologies has added new PC range and servers aiming to cash in on opportunity around artificial intelligence (AI) -- at the Dell Technologies World 2024. Dell’s AI-capable PC, targeted at professionals and...

Wipro COO Amit Choudhary resigned

Wipro, a leading IT services company based in India, has announced the resignation of Amit Choudhary, its chief operating officer. Amit Choudhary is leaving the company to pursue opportunities outside the organization,...

Global Crypto Venture Capital Investment Sees Rebound in Early 2024

Global venture capital (VC) investment in cryptocurrency companies has surged quarter-on-quarter to $2.4 billion in the first quarter of 2024, according to data from PitchBook released on Monday. In Q1, cryptocurrency companies...