Latest News In Cloud AI

Cloudera has announced significant advancements in Cloud AI by expanding its AI Inference and Data Warehouse with Trino capabilities to on-premises environments, facilitating faster, secure AI deployment and analytics directly from data centers. These enhancements empower enterprises to move from experimentation to production by providing AI with secure, reliable access to data across multi-cloud, edge, and data center environments. The integration of NVIDIA technology allows for scalable, cost-efficient AI model deployment directly within data centers, maintaining data privacy and compliance, while the enhanced Cloudera Data Visualization enables streamlined AI workflows and enriched insights without compromising security.

In other trading, Ubiquiti was a standout up 14.5% and ending trading at $712.38. In the meantime, Kyndryl Holdings lagged, down 54.9% to end the day at $10.59, not far from its 52-week low. On Monday, the company announced CFO and executive changes, seeking tuck-in acquisitions, and the delay of its 10-Q filing.

Kyndryl Holdings is rapidly shifting towards higher-margin contracts in cloud and AI services. Discover more about Kyndryl’s strategic transformation and growth potential now.

Don’t miss our Market Insights article on the Cloud AI revolution, highlighting massive capex cycles and global leadership divides in AI investment.

• Oracle settled at $156.59 up 9.6%. This week, Oracle announced new AI capabilities in its Fusion Cloud Applications aimed at enhancing efficiency and decision-making across supply chain, customer experience, and manufacturing processes.

• Microsoft closed at $413.60 up 3.1%.

• Alphabet ended the day at $324.32 up 0.5%. Alphabet announced a Fixed-Income Offering on 9 Feb, one day prior.

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