expects
-
Blog
HPE cuts 2,500 jobs, expects Juniper buy to close year-end ’25, faces tariff issues
AI systems backlog rose 29% quarter over quarter to $3.1 billion and total server revenue totaled $4.29 billion, Myers said. The company reported Intelligent Edge revenue was down 5% from the prior-year period to $1.1 billion, but Hybrid Cloud revenue was $1.4 billion, up 10% from the prior-year period. Then there’s the matter of HPE’s proposed $14 billion buy of…
Read More » -
Blog
Google expects to spend $75 billion this year on the AI race
Google parent company Alphabet expects to invest “approximately $75 billion” in capital expenditures in 2025, according to a statement from CEO Sundar Pichai in Alphabet’s Q4 2024 earnings release. Capital expenditures have become a hot topic as of late as big tech companies race to build infrastructure to support their growing AI ambitions, and today’s announcement from Alphabet is clearly…
Read More »