Organizations are deepening their cloud investments at an unprecedented pace, recognizing its fundamental role in driving business agility and innovation. Synergy Research Group reports that companies spent $84 billion worldwide on cloud infrastructure services in the third quarter of 2024, a 23% rise over the third quarter of 2023 and the fourth consecutive quarter in…
A Meta exec on Monday denied a rumor that the company trained its new AI models to present well on specific benchmarks while concealing the models’ weaknesses. The executive, Ahmad Al-Dahle, VP of generative AI at Meta, said in a post on X that it’s “simply not true” that Meta trained its Llama 4 Maverick […]
Wedbush Securities analyst Dan Ives slashed his price targets for Apple and Tesla over the weekend as President Trump’s tariffs threaten to disrupt both businesses. “The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its massive China production exposure,” Ives said in a warning note over the weekend. “In our […]