AWS hits $100 billion annual run rate

AWS segment sales increased 17% year-over-year to $25.0 billion. Amazon's quarterly financial report also reveals that AWS segment operating income for Q1 2024 was $9.4 billion, compared with operating income of $5.1 billion in first quarter 2023.“It was a good start to the year across the business, and you can see that in both our customer experience improvements and financial results,” said Andy Jassy, Amazon President and CEO. “The combination...

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AMD sees a big jump in AI and data center revenues

AMD reported Q1 2024 revenue of $5.5 billion, up 2% year-over-year, gross margin of 47%, operating income of $36 million, net income of $123 million and diluted earnings per share of $0.07. “We delivered strong first quarter results with our Data Center and Client segments each growing more than 80% year-over-year driven by the ramp of MI300 AI accelerator shipments and the adoption of our Ryzen and EPYC processors,” said AMD Chair and CEO Dr....

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Vocus teams with Google on Australia-to-U.S. subsea capacity

 Vocus, a prominent digital infrastructure operator in Australia, has forged an agreement with Google to deploy cutting-edge submarine cable systems, linking Australia and the United States across the south Pacific. This collaboration marks a significant stride in their partnership, solidifying and expanding upon the Pacific Connect initiative, which aims to enhance digital connectivity in the region. The Honomoana cable system, as part...

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STACK Infras plans new 220MW data center campus in Dallas

STACK Infrastructure unveiled plans to develop a 220MW campus south of Dallas, Texas. The campus spans over 100 acres and is strategically engineered to accommodate both shell and turnkey deployments, providing scalability and dedicated power in response to the escalating demand for infrastructure supporting the growth of artificial intelligence, cloud computing, and other emerging technologies. The new 220MW campus is strategically situated...

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Vertical Systems: 2023 Global Provider Ethernet LEADERBOARD

Vertical Systems Group announces that seven companies achieved a rank on the year-end 2023 Global Provider Ethernet LEADERBOARD as follows (in order based on retail port share): Colt (U.K.), Orange Business (France), Verizon (U.S.), AT&T (U.S.), BT Global (U.K.), NTT (Japan), and Cirion (Argentina). This industry benchmark for multinational Ethernet network market presence ranks companies that hold a 4% or higher share of billable retail ports...

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Arelion opens PoP at Flexential's Tampa - North Site

Arelion has deployed a fully diverse Point-of-Presence (PoP) at Flexential's Tampa – North data center, supporting business growth in South Florida's regional edge markets by providing Arelion's full portfolio of IP and optical transport services to wholesale and enterprise customers. Flexential's Tampa – North data center serves Florida's high-tech corridor, offering secure connectivity, colocation, cloud and data protection services. The 60,000 square foot data center facility features 3 megawatts of critical power and sustainable cooling...

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A10 Networks reports Q1 revenue of $60.7 million, up 5.2% yoy

A10 Networks reported Q1 revenue of $60.7 million, in-line with expectations and up 5.2% year-over-year. Non-GAAP net income was $12.7 million (21.0% of revenue), or $0.17 per diluted share (non-GAAP EPS) compared to non-GAAP net income of $9.9 million (17.2% of revenue) or $0.13 per diluted share in the first quarter of 2023.“A10 continued to successfully navigate market volatility, as our diversification enabled us to address near-term Service Provider fluctuations, delivering solid first quarter results in-line with expectations,” said Dhrupad...

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