While most software companies, from the small ones (C3.ai, MongoDB…) to the large ones (Adobe, ServiceNow, Salesforce…), are now wannabe AI companies, Palantir is the real deal in our view. The company, known for its software products used by governments/military around the world, has developed over the years an AI platform (AIP) that is quickly…
Even if there’s been a lot of excitement around AI in the last two years, there’s been a very limited number of pure play IPOs given that the market is dominated by a handful of players in computing (Microsoft, Amazon…), models/software (OpenAI, Anthropic…) and computing hardware (Nvidia, AMD). News that Cerebras, a US-based AI chip…
On Friday, US electric utility Constellation announced the restart of its Crane nuclear plant, that had been shut down in 2019 for economic reasons, along with a 20-year power supply agreement with Microsoft. The Tech giant will then secure 835 MW of power over 20 years to supply its data centers in the PJM Interconnection,…
Earlier this year, Google unveiled an eye-popping text-to-video games model called Genie that allowed to build basic playable games in 2D based on a short description. Six months on, AI in video gaming has made significant advances with gaming giants Roblox and Tencent presenting in recent days their own Generative AI technology that now allows to…
Despite recent concerns around a softening macro, AI spending fatigue and Nvidia’s Blackwell slight delay, the second part of the year and early 2025 are actually shaping up well for the Tech industry. Oracle’s just released FQ1 numbers were highly encouraging and suggested that AI training in data centers remains buoyant, with the company claiming…
Despite all the recent tumult in Tech equities recently, optical networking stocks such as Fabrinet and Coherent are quietly nearing or breaking their highs as earnings confirm that a new spending cycle on optical gear from data centers is on track. Last night, Fabrinet reported Q4 revenue growth of 15%, 3% above expectations. If these…
With AI electricity consumption surging and utilities starting to have difficulties meeting demand, both cloud giants and utilities are actively looking at solutions to tackle the power challenge. Deploying new solar/wind capacity and building nuclear reactors (or reopening idle ones) are clearly part of the agenda. But these initiatives also represent a multi-year effort, suggesting…
Moore’s law states that the density of transistors in an integrated circuit (IC) doubles about every two years. This empirical law has allowed the manufacturing of cheaper, faster, smaller and more efficient electronic devices for decades. But the pace of this trend is clearly slowing down and the techniques to miniaturize transistors are getting exponentially…
Nokia just announced the acquisition of Infinera (a Big Data portfolio company) for $2.3 billion, representing a 28% premium. Infinera, which is a supplier of optical semiconductors and networking solutions, will allow Nokia to increase the scale of its optical networks business and to raise its exposure to Internet/data center customers that account for roughly…
It’s been a tough H1 for software stocks, which have lagged hardware/semiconductors names by 20-30% on average. While expectations built up last year about the revenue opportunity for many software companies shipping new products with built-in AI, the reality caught up during the latest earnings season with the likes of Salesforce, MongoDB, Workday, Cloudflare and…