MILAN (Reuters) – Data centers around Milan, Italy’s financial capital, are expected to add around two gigawatts of capacity over the next five years, ten times more than current levels, the chief executive of energy group A2A said on Friday. The rapid expansion of data centers, needed to power artificial intelligence, promises to boost revenue…
The artificial intelligence (AI) arms race has entered a new phase, this time focused on mergers and acquisitions. According CNBCWedbush Securities analyst Dan Ives believes the “AI M&A floodgates” will open wide as big tech and private equity firms compete to buy their way to dominance. Ives predicts that a friendlier regulatory climate under the…
Microsoft (MSFT) stock is up more than 45% in six months. The impetus behind this increase comes from its strong financial performance, driven by strong demand for its cloud and artificial intelligence (AI) solutions. Both areas have become key growth drivers for Microsoft’s business and are likely to drive MSFT’s long-term growth. Microsoft Cloud generated…
Artificial intelligence may seem a new concept, but they are fascinated technologists, inventors and science fiction fans for decades. The mathematician and computer scientist Alan Turing contemplated AI computers in the 1950s, and Rand Corp. built the first IA program in 1956. Isaac Asimov wrote “I, robot” in 1950, and “The Terminator” of film director…
