VMW

Global Artificial Intelligence Market Expected to Grow to $1.3 Trillion by 2023

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Monday, March 18, 2024
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A report from MarketsAndMarkets said that the global artificial intelligence market size was valued at USD 150.2 billion in 2023 and is expected to grow at a CAGR of 36.8% from 2023 to 2030.

Key Points: 
  • A report from MarketsAndMarkets said that the global artificial intelligence market size was valued at USD 150.2 billion in 2023 and is expected to grow at a CAGR of 36.8% from 2023 to 2030.
  • The report added: “The increasing adoption of autonomous artificial intelligence (AI) is driving the growth of the Artificial Intelligence Industry.
  • As technology advances and more industries recognize its benefits, the Artificial Intelligence (AI) Market size is poised for expansion, fostering innovation and new opportunities.”   Active A.I.
  • MarketsAndMarkets continued: “The exponential ai growth statistics of digital data from various sources presents immense opportunities for the AI market.

Leveraging A.I. for Retail Business Expected to Drive the Market Size to $38 Billion by 2029

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Wednesday, February 21, 2024
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A recent report from Mordor Intelligence said that: “AI in retail is undergoing significant transformations with the integration of Retail AI.

Key Points: 
  • A recent report from Mordor Intelligence said that: “AI in retail is undergoing significant transformations with the integration of Retail AI.
  • Companies are leveraging Artificial Intelligence in Retail to enhance strategies, improve outcomes, and boost online customer engagement.
  • The use of AI Retail Technology is expected to surge, with investments in AI-Powered Retail analytics increasing.” It projected that the AI in Retail Business Market size is estimated at USD 9.65 billion in 2024, and is expected to reach USD 38.92 billion by 2029, growing at a CAGR of 32.17% during the forecast period (2024-2029).
  • The report added: “The sector is changing due to the introduction of artificial intelligence in retail.

Broadcom and VMware Intend to Close Transaction on November 22, 2023

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Tuesday, November 21, 2023
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Broadcom Inc. (NASDAQ: AVGO) and VMware, Inc. (NYSE: VMW) today announced that they have received all required regulatory approvals and intend to close Broadcom’s acquisition of VMware on November 22, 2023.

Key Points: 
  • Broadcom Inc. (NASDAQ: AVGO) and VMware, Inc. (NYSE: VMW) today announced that they have received all required regulatory approvals and intend to close Broadcom’s acquisition of VMware on November 22, 2023.
  • Broadcom has received legal merger clearance in Australia, Brazil, Canada, China, the European Union, Israel, Japan, South Africa, South Korea, Taiwan, the United Kingdom, and foreign investment control clearance in all necessary jurisdictions.
  • There is no legal impediment to closing under U.S. merger regulations.

Broadcom and VMware Intend to Close Transaction on November 22, 2023

Retrieved on: 
Tuesday, November 21, 2023
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SAN JOSE, Calif. and PALO ALTO, Calif., Nov. 21, 2023 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO) and VMware, Inc. (NYSE: VMW) today announced that they have received all required regulatory approvals and intend to close Broadcom's acquisition of VMware on November 22, 2023. 

Key Points: 
  • SAN JOSE, Calif. and PALO ALTO, Calif., Nov. 21, 2023 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO) and VMware, Inc. (NYSE: VMW) today announced that they have received all required regulatory approvals and intend to close Broadcom's acquisition of VMware on November 22, 2023.
  • Broadcom has received legal merger clearance in Australia, Brazil, Canada, China, the European Union, Israel, Japan, South Africa, South Korea, Taiwan, the United Kingdom, and foreign investment control clearance in all necessary jurisdictions.
  • There is no legal impediment to closing under U.S. merger regulations.

Orange Business and VMware Transform Flexible SD-WAN to Simplify Customer Experience With Digitalization and Automation

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Wednesday, November 8, 2023
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Orange Business and VMware, Inc. (NYSE: VMW) are strengthening their partnership to deliver Flexible SD-WAN with VMware as the first fully embedded SD-WAN offering in Evolution Platform.

Key Points: 
  • Orange Business and VMware, Inc. (NYSE: VMW) are strengthening their partnership to deliver Flexible SD-WAN with VMware as the first fully embedded SD-WAN offering in Evolution Platform.
  • The Orange Business Evolution Platform combines a secured digital infrastructure with an agile, cloud approach to order and manage services.
  • (Photo credit: Orange Business Services)
    Cloud has become the benchmark for customer experience.
  • Orange Business customers consuming Flexible SD-WAN with VMware via Evolution Platform will benefit from a global network of Super Points of Presence (PoPs).

VMware Advances IT Modernization with Enhanced Automation Capabilities and New Security Integrations

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Tuesday, November 7, 2023
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Today, VMware, Inc. (NYSE: VMW) announced advanced automation capabilities and expanded third-party integrations delivered through the Anywhere Workspace platform that provide organizations with the tools needed to simplify IT workflows, enhance security, and improve overall efficiencies.

Key Points: 
  • Today, VMware, Inc. (NYSE: VMW) announced advanced automation capabilities and expanded third-party integrations delivered through the Anywhere Workspace platform that provide organizations with the tools needed to simplify IT workflows, enhance security, and improve overall efficiencies.
  • With new third-party security baselines for macOS, IT administrators can easily manage recommended configuration settings from common security standards without manual scripting.
  • These leading-edge Mac management capabilities are seamlessly integrated, eliminating management silos, which saves costs, enhances IT flexibility, and boosts security and compliance.
  • VMware continues to innovate with our technology partners and today is unveiling expanded integrations with Intel that enable more secure hybrid experiences.

VMware Accelerates Data-Driven Innovation with New Advanced Data Services Capabilities for VMware Cloud Foundation

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Tuesday, November 7, 2023
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VMware Data Services Manager will deliver best-in-class management for a wide range of data services, not just databases, as a natively integrated experience for VMware Cloud Foundation customers, serving the needs of IT admins, data teams, and developers alike.

Key Points: 
  • VMware Data Services Manager will deliver best-in-class management for a wide range of data services, not just databases, as a natively integrated experience for VMware Cloud Foundation customers, serving the needs of IT admins, data teams, and developers alike.
  • VMware Cloud Foundation is delivered as a service by hundreds of Cloud Services Providers (CSPs), including those delivering VMware Sovereign Clouds .
  • VMware is also announcing that Google Cloud AlloyDB Omni will be the first third-party PostgreSQL-compatible database natively integrated with VMware Cloud Foundation through VMware Data Services Manager and VMware vSAN.
  • The next generation of VMware Data Services Manager, as well as VMware Live Recovery, new VMware Aria Operations capabilities, and updates across VMware Cloud Foundation, are all expected to be available in VMware’s Q4 FY24.

VMware Collaborates with Intel to Unlock Private AI Everywhere

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Tuesday, November 7, 2023
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VMware and Intel are working to deliver a jointly validated AI stack that will enable customers to use their existing general-purpose VMware and Intel infrastructure and open source software to simplify building and deploying AI models.

Key Points: 
  • VMware and Intel are working to deliver a jointly validated AI stack that will enable customers to use their existing general-purpose VMware and Intel infrastructure and open source software to simplify building and deploying AI models.
  • Private AI empowers customers with all three, enabling them to accelerate AI adoption while future-proofing their AI infrastructure,” said Chris Wolf, vice president of VMware AI Labs.
  • This VMware Private AI reference architecture with Intel AI will include:
    4th Gen Intel® Xeon® processors with Intel® Advanced Matrix Extensions (Intel® AMX) deliver up to 10x significant out-of-box performance improvements using standard industry frameworks and libraries, end-to-end data science productivity tools, and optimized AI models.
  • VMware Private AI will be supported by servers from Dell Technologies, Hewlett Packard Enterprise and Lenovo running 4th Gen Xeon CPUs with Intel® Advanced Matrix Extensions (Intel® AMX) and Intel Max Series GPUs.

VMware Unveils Innovations and Expanded Partnerships to Accelerate Software-Defined Edge Adoption

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Tuesday, November 7, 2023
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VMware Explore 2023—VMware, Inc. (NYSE: VMW) today announced new solutions and expanded partnerships to help customers accelerate their digital transformation at the edge.

Key Points: 
  • VMware Explore 2023—VMware, Inc. (NYSE: VMW) today announced new solutions and expanded partnerships to help customers accelerate their digital transformation at the edge.
  • Building upon the recently introduced VMware Software-Defined Edge , these innovations and new integrations will help customers to simplify, better secure, and modernize their edge environments, and include:
    New VMware Edge Cloud Orchestrator telemetry capabilities for better visibility of edge workloads.
  • “The introduction of the VMware Software-Defined Edge has resonated with both enterprises and Communication Service Providers,” said Sanjay Uppal, senior vice president and general manager, Service Provider and Edge, VMware.
  • Originally introduced at VMware Explore Las Vegas, VMware Edge Cloud Orchestrator will provide unified management for VMware SASE and the VMware Edge Compute Stack —an industry-first offering to bridge the gap between edge networking and edge compute.

VMware Extends Tanzu Platform Capabilities to Build Apps for the Generative AI Economy

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Tuesday, November 7, 2023
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Generative AI continues to reshape industries and presents a massive opportunity for all organizations.

Key Points: 
  • Generative AI continues to reshape industries and presents a massive opportunity for all organizations.
  • VMware Tanzu Spring Runtime is now integrated in Tanzu Application Platform, including a commercial subscription to Spring tools with extended support for a seamless experience in building mission-critical Java applications with Spring.
  • VMware Tanzu Spring Health Assessment helps organizations understand their Spring application portfolio’s dependencies and identify security issues.
  • Capabilities within the Tanzu platform will continue to integrate into a common control plane, VMware Tanzu Hub.