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>> CLOUD COMPUTING Latest News

AUG 12, 2016 - Globe and Mail

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Oracle to buy NetSuite for $9.3-billion to gain cloud computing clout

Netsuite shares rose 18.6 per cent to $108.64 in premarket trading, just shy of the offer price of $109 per share

Tags: Oracle to buy NetSuite for $9.3-billion to gain cloud computing clout,  Cloud Computing Latest News

AUG 12, 2016 - ScienceDaily

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Wearable cloud could be less expensive, more powerful form of mobile computing

A wearable cloud make the design of mobile and wearable devices simple, inexpensive and lightweight by having mobile device users tap into the resources of the wearable cloud, instead of relying solely on the capabilities of their mobile hardware.

Tags: Wearable cloud could be less expensive, more powerful form of mobile computing,  Cloud Computing Latest News

AUG 12, 2016 - Next Big Future

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Startup Nervana making Deep Learning optimized chip that trains 10X faster

The Nervana Engine includes everything you need for deep learning and nothing you don’t, resulting in a 10x increase in training speed and ensuring that Nervana Cloud will remain the world’s fastest deep learning platform for the foreseeable future.It has faster data access via high-bandwidth memory. Training deep learning networks involves moving a lot of data, and current memory technologies ...

Tags: Startup Nervana making Deep Learning optimized chip that trains 10X faster,  Cloud Computing Latest News

AUG 12, 2016 - Business Insider

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Hewlett Packard Enterprise is buying a long-time rival with a declining business (HPE, SGI)

Hewlett Packard Enterprise announced plans to buy an iconic maker of high-end computers, Silicon Graphics, for $7.75 per share, or $275 million net of cash and debt. This was basically bargain shopping to take out a long-time competitor. SGI brought in $521 million in revenues in its last fiscal year, and lost nearly $39 million (net income). SGI's revenues had ...

Tags: Hewlett Packard Enterprise is buying a long-time rival with a declining business (HPE, SGI),  Cloud Computing Latest News