Intel Gains as Data Center Revival Fuels Revenue Growth
- As the biggest provider of server chips, Intel is benefiting from a rush to build capacity in data centers operated by companies such as Alphabet Inc.’s Google, Facebook Inc. and Amazon.com Inc’s AWS.
- Revenue from cloud-service providers, which offer computing power and storage via the internet, surged 48% in the fourth quarter, fueling a gain in sales of the company’s most lucrative chips.
- Intel will increase spending on new plants and equipment to $17 billion in 2020 in part to boost production to a point where it’s not only able to fill all customer orders, but build inventory, Chief Executive Officer Bob Swan said on a conference call.
- In that business, semiconductor rival Advanced Micro Devices Inc. has fielded new products, and companies such as Amazon have said they’re designing some chips on their own -- leading some analysts to predict Intel would begin to lose business and struggle to grow this year.
Bill Manning has died
- See our online course on quantum computing.
- RIP Bill ...
- you will be missed.
- I remember visiting ISI, when Jon was also still alive, and we hung out at the freezing machine room where he was most at home!
Amazon employees risk their jobs by criticizing the company for its role in climate crisis
- In a Medium post published by “Amazon Employees for Climate Justice” on Sunday, more than 350 workers put their jobs on the line as they criticized Amazon’s contribution to the climate crisis under their name and job title.
- By doing this, they’re violating the company’s PR rules that prevents employees from discussing company business without approval.
- Amazon’s workers are speaking out to say: Jeff Bezos should not be in the business of fossil fuel extraction.
- The “Amazon Employees for Climate Justice” group wants the tech giant to follow through with its sustainability goals, reach carbon neutrality by 2030, and put a definite end to cloud computing contracts with fossil fuel companies.
- This is the latest example of what could be the biggest threat to tech giants: employee activist groups.
- For now, it’s unclear if Amazon will choose to punish — and potentially fire — each employee who published a statement.
VMware Is Buying Nyansa, an AI-Powered Network Analytics Startup
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- On Tuesday, the Dell-owned cloud and virtualization giant announced its intent to purchase artificial intelligence-based network analytics startup Nyansa for an undisclosed amount.
- In August, it completed its purchase of Bitfusion, an Austin-based startup specializing in virtualization software for the accelerated computing required for most machine learning workloads.
- Nysansa is the six-year-old Palo Alto-based startup behind Voyance, a cloud-based network analytics system that measures end user experiences by analyzing and measuring client network transactions without using client software and server agents or additional hardware sensors.
- Sanjay Uppal, VP and GM of VMware's VeloCloud business unit, offered a list of benefits he thinks customers will see from this acquisition.