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Story summary
- The global big data market is set to grow from $199.63 billion in 2024 to $573.47 billion by 2033, reflecting a CAGR of 12.44%.
- NVIDIA's H20 chip sales in China are hindered by U.S. government restrictions, affecting fiscal guidance.
- Palantir Technologies anticipates record earnings, with revenues projected between $4.142 billion and $4.150 billion, fueled by AI advancements.
- Microsoft’s Azure cloud services report over $75 billion in annual revenues, with global infrastructure expansion.
- IBM's acquisition of Hakkoda boosts its AI capabilities, supporting growth in analytics and cloud computing.
