On April 12-16, NVIDIA virtually held its annual GPU Technology Conference (GTC), showcasing the latest advancements in natural language processing, robotics, accelerated computing, smart networking, collaboration, and much more. GTC was a mix of industry and vision, with artificial intelligence (AI) as the overarching theme. NVIDA is among the vendors developing products and software stacks aimed at democratizing AI, so it’s accessible to companies of all sizes.
While NVIDIA hosts this event several times a year, the April 2021 version of GTC will be remembered as one of change. Historically, NVIDIA has been thought of as a GPU company that appeals to developers, gamers and the automotive industry. Over the past few years, NVIDIA has been innovative and acquiring at a furious pace and the results of that activity was highlight at this year’s event.
MongoDB
Market cap: $19.33 billion
Microsoft could acquire database company MongoDB a frequent critic of Amazon Web Services, Microsoft s chief cloud competition to add to its Azure cloud business, growing the reach of its own database products, D. A. Davidson analyst Rishi Jaluria told Insider.
Algorithmia Algorithmia
Valuation: $100 million
Seattle-based AI and machine learning startup Algorithmia would be a good acquisition target for Microsoft, Lopez Research analyst Maribel Lopez told Insider. Algorithmia investors include Gradient Ventures and Madrona Venture Group. Everybody s got their own AI ops, but they re actually some interesting startups that are in the space, like Algorithmia, Lopez said. That would be a good tuck-in acquisition because they ve been funded and they re not too big, so they could still be kind of interesting and become part of a platform
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After a strong pandemic year, AWS will keep thriving as companies find they still need cloud services.
But as the incumbent vendor for many enterprises, Microsoft is a legitimate threat to AWS market share.
AWS could see growth in vertical cloud, emerging tech, and simply building its existing portfolio.
Coming off a strong year, partially driven by companies rush to adopt cloud technologies during the pandemic, Amazon s cloud business is expected to continue thriving in 2021. Cloud isn t going away, analysts say, even when workers return to the office or a hybrid environment and data that migrates to the cloud tends to stay there.