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Google Cloud showcased innovations in various stages of development over the three days of its Google Cloud Next 2023 conference held in San Francisco last week. The predominant focus of the event was generative AI, and with more than 160 features announced it is difficult to select highlights, but here are a few standout offerings. … Continued
Unleashing AI’s potential: a deep dive into the most strategic investments for the AI revolution.
Meta invests heavily in hardware infrastructure to support its extensive video content and AI workloads. We wrote about the scale of some of these investments in November last year in Meta – opportunity for contrarian long-term value investors. These investments are significant, and we expect Meta to spend around $36 billion in 2023 on R&D, … Continued
As technology juggernaut Salesforce enters a new stage of its corporate life cycle, it is worth analysing the company’s impact and potential future trajectory. Salesforce is now moving from a ‘growth at all costs’ model to one of sustainable, profitable expansion. This transition phase has created volatility in its share price, even as its long-term … Continued
The cyclical nature of enterprise cloud spend is a positive signal. It validates the flexible and scalable nature of cloud computing and thus its long term value to business users. 4Q22 results – slowing growth and cautious outlook Q4 earnings from the largest public cloud providers show a gloomy year ahead for cloud spend. Amazon … Continued
Last week Microsoft announced it will acquire AI solutions company Nuance Communications for $19.7 billion. Nuance was a pioneer in speech recognition technology with its Dragon software which was famously used to power early versions of Apple’s Siri. Dragon is used by 70% of US hospitals, 75% of radiologists and 80% of Fortune 100 companies. … Continued
China was the only major economy to grow last year as the world struggled with the pandemic, and it is on pace to become the world’s largest economy by 2028. During the annual parliamentary meeting last week, China released the long-discussed draft of its 14th five-year plan which includes the country’s vision for 2035. The … Continued
