Oracle released it’s fiscal 2023 Q1 results and it showed massive year-on-year cloud-revenue growth. The numbers could only mean one thing – Oracle is set to win the race against other cloud vendors. With its accelerated growth, it may very well one-up Google Cloud and become the fastest growing cloud vendor in the industry. This and more on the Gestalt IT Rundown. Head to GestaltIT.com for show notes.
Last week Arm announced the Neoverse V2 CPU cores. Built for more performance per core applications, the Neoverse V2 has shown great performance results with Grace’s LPDDR memory. According to Arm, Grace will be one of the first processors to use the new V2 cores. Already in its last stages of development, the Neoverse V2 will hit the market in 2023.
Ethereum’s historic upgrade to a massively energy-efficient infrastructure is finally complete and it’s a success! On Sept 15th, as the world watched with bated breaths, the Merger came to a finish, marking the end of a long period of developmental work and the start of a new era of green cryptocurrency.
Uber has suffered a system breach, the cab and food delivery company confirmed last week. Thursday afternoon, a hacker broke into Uber and sent out a message to all employees over Slack declaring that it has been breached. The incident left several of its internal systems offline. Now looking into it forensically, Uber disclosed in a recent update that the hacker in question is linked to the infamous LAPSUS$ gang that is responsible for several high-profile security breaches.
ASE Technology and TSMC are joining forces to develop silicon photonics (SiPh). A ground-breaking technology in high performance computing, silicon photonics will allow for faster data transmission at remarkably low energy consumption. But as of today, the cost of manufacturing photonic integrated circuit (PIC) remains a major stumbling block in the production of SiPh. It remains to be seen if the collaboration between TSMC and ASE Technology changes that.
This week, Intel announced they will be saying goodbye to their popular Celeron and Pentium branded processors in 2023, at least for their laptop parts. In a recent announcement, Intel is seemingly looking to streamline their processors to a singular “Intel Processor” for low end products with the “Core’ processor brand is sticking around with multiple tiers for their mid-tier products in their mobile stack. Though this change has not been announced for Desktops or embedded parts yet, it seems likely to move this direction as well, as mobile is Intel’s leading consumer market. Is it a good move for Intel to streamline their product line?
Oracle released it’s fiscal 2023 Q1 results and it showed massive year-on-year cloud-revenue growth. The numbers could only mean one thing – Oracle is set to win the race against other cloud vendors. With its accelerated growth, it may very well one-up Google Cloud and become the fastest growing cloud vendor in the industry.
According to Oracle’s fiscal report, its revenue has gone up 18% in the first quarter after the acquisition of healthcare technology firm Cerner. This is a big leap from the 5% growth recorded in the earlier quarters. Oracle had lost earnings per share to low foreign exchange rates, but the Cerner deal seems to have refreshed the numbers in its favor. Oracle’s bold vision with Cerner is to make medical records more easily accessible to the users.
27:05 | The Weeks Ahead
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