Cloud

Walmart embraces the cloud to take on Amazon

(Reuters) — One of Walmart’s best chances at taking on Amazon.com in ecommerce lies with six giant server farms, each larger than ten football fields. These facilities, which cost Walmart millions of dollars and took nearly five years to build, are starting to pay off. The retailer’s online sales have been on a tear for …

AI, cloud, and IoT will drive 2018 growth, say chip makers

Artificial intelligence, cloud computing, and the internet of things (IoT) will have bigger impacts on the revenues of chip makers in 2018, according to accounting firm KPMG‘s survey of 150 semiconductor industry leaders. Two-thirds of the leaders cited IoT as one of the top revenue drivers, up from 56 percent in last year’s survey. Cloud computing …

Google hires former Samsung CTO to lead its Internet of Things business

(Reuters) – Alphabet’s Google this month hired Injong Rhee, who recently resigned as Samsung Electronics Co’s chief technology officer, to lead its Internet of Things business, he said in a LinkedIn post Monday. Google spokeswoman Jane Hynes confirmed to Reuters Rhee’s hiring by Google’s cloud computing unit, but declined to comment further. Rhee said in …

In-Q-Tel invests in SigOpt to help U.S. intelligence agencies optimize AI

In-Q-Tel, an investment firm that connects tech companies with the U.S. Intelligence community, has taken an undisclosed stake in SigOpt, a San Francisco-based AI startup. The move will provide the startup with additional capital and help it reach an audience of secretive AI practitioners at spy agencies. As part of the deal, In-Q-Tel will sell …

Enterprises will spend $7 trillion on digital transformation by 2021

Global enterprises will spend more than $7 trillion dollars in the next four years as they struggle to modernize, build a global technology foundation for growth, and support simple, secure, and reliable access to data and services, says the IDC. The big drivers? The usual suspects like cloud initiatives, big data analytics, and mobility. But, …

Ambient intelligence could help make the aging process a little easier

Folks who have a finger on the pulse of innovation know that the Internet of Things will likely change the way we live and work. Sensors embedded in Wi-Fi-enabled products can transmit data that helps users make decisions, detect problems, and streamline their routines. A combination of IoT and AI can form a particularly helpful …