Latest news with #AWS
Yahoo
3 hours ago
- Business
- Yahoo
Analyst Views Split on Marvell (MRVL) – Here's What They're Watching
We recently published a list of . In this article, we are going to take a look at where Marvell Technology, Inc. (NASDAQ:MRVL) stands against other AI stocks on Wall Street's radar. On May 28, Stifel analyst Tore Svanberg reiterated a Buy rating on Marvell Technology, Inc. (NASDAQ:MRVL) with an $80.00 price target. Marvell engages in the development and production of semiconductors, focusing heavily on data centers. Given Stifel's July quarter revenue guidance of around $1.97 billion, analysts expect Marvell to offer similar guidance. They believe an upward revision may also be possible, driven by potential increases in data center and artificial intelligence (DC/AI) revenue forecasts. Hyperscalers have also been passing out positive comments, supporting the optimistic outlook. Analysts at Stifel believe that Marvell is poised to benefit from the rapid expansion of data infrastructure. This factor, they believe, will drive long-term growth for the company. An assembly line in a semiconductor factory, with workers at their stations. In other news, Redburn Atlantic initiated coverage on Marvell Technology with a 'Neutral' rating and a price target of $67.00. The firm mentioned how Marvell and Broadcom are similar in terms of their ASICs exposure and networking capabilities, but also mentioned concerns regarding Marvell's potential involvement in future Amazon Web Services (AWS) Trainium chips. Overall, MRVL ranks 7th on our list of AI stocks on Wall Street's radar. While we acknowledge the potential of MRVL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MRVL and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Associated Press
14 hours ago
- Business
- Associated Press
CORRECTION: Nextech3D.ai Migrates MAP Dynamics to AWS, Enabling Scalable AI Architecture and Accelerated Deployment
TORONTO, ON / ACCESS Newswire / May 30, 2025 / (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS), a leading technology company specializing in AI-powered 3D modeling, AI Event Management and AI Navigation, announces the migration from liquid web to AWS. This Cloud migration enables faster feature development, better customer experience, and a stronger competitive position in the global AI event technology market. Evan Gappelberg, CEO of comments 'Our investment in AWS is more than a cloud migration-it's the foundation for MAP Dynamics to become an AI-native event platform. With AWS, we can now deploy advanced AI-driven features faster than ever before, enhance real-time performance, and expand globally - all while delivering unmatched reliability and intelligence for our users.' Gappelberg continues 'Our successful migration to AWS is just one part of a broader strategy to optimize operations and position for sustainable, long-term growth. Over the past year, we've made significant progress in managing our financials-reducing our burn rate and improving operational efficiency. As a result, the company is now in a much stronger and more stable financial position, allowing us to invest confidently in our AI roadmap and product innovation.' The successful migration of its flagship MAP Dynamics event management platform to Amazon Web Services (AWS) is designed to accelerate the development of new features, enhance platform reliability, and enable global scalability - positioning MAP Dynamics to deliver exceptional customer experiences and capture increased market share. As event organizers increasingly demand robust, flexible, and feature-rich solutions, investment in AWS provides the foundation to meet those expectations. The migration empowers the company to innovate faster, serve larger events, and compete more effectively with other global providers in the digital event management space. Key AI-Driven Advantages Enabled by the Migration: This migration lays the groundwork for MAP Dynamics' transformation into an adaptive, intelligent event tech platform that not only meets but anticipates organizer needs - from planning through execution. As the demand for smart, flexible, and scalable event solutions continues to rise, partnership with AWS ensures MAP Dynamics remains at the forefront of AI innovation in the digital events space. For more information about the MAP Dynamics platform and technology solutions, please visit: has also renewed its share purchase warrant program, issuing 15,500,351 share purchase warrants (the 'Warrants') to service providers as part of their employment and consulting agreements. Each Warrant grants the right to acquire one common share at an exercise price of CAD$0.05 for a one-year period. The Warrants will be exercised in equal monthly tranches, with recipients able to either receive shares or participate in a managed sale program for cash proceeds. This move demonstrates the company's commitment to rewarding and retaining its talented workforce, while also aligning their interests with the company's long-term success. and Arway remain committed to driving innovation and value creation through strategic acquisitions, operational enhancements, and a relentless focus on delivering solutions that meet the evolving needs of their customers. With the success of the Map D, is well-positioned for continued growth in the rapidly expanding AI, 3D modeling, and augmented reality sectors. For more information, visit Sign up for Investor News and Info - Click Here For more information and full report go to For further information, please contact: Evan Gappelberg /CEO and Director 866-ARITIZE (274-8493) Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute 'forward-looking information' under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, 'will be' or variations of such words and phrases or statements that certain actions, events or results 'will' occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. has also renewed its share purchase warrant program, issuing 15,500,351 share purchase warrants (the 'Warrants') to service providers as part of their employment and consulting agreements. Each Warrant grants the right to acquire one common share at an exercise price of CAD$0.05 for a one-year period. The Warrants will be exercised in equal monthly tranches, with recipients able to either receive shares or participate in a managed sale program for cash proceeds. This move demonstrates the company's commitment to rewarding and retaining its talented workforce, while also aligning their interests with the company's long-term success. and ARway remain committed to driving innovation and value creation through strategic acquisitions, operational enhancements, and a relentless focus on delivering solutions that meet the evolving needs of their customers. With the success of the Map D, is well-positioned for continued growth in the rapidly expanding AI-powered 3D modeling, AI Event Management and AI Navigation. For more information, visit Sign up for Investor News and Info - Click Here For more information and full report go to For further information, please contact: Evan Gappelberg /CEO and Director 866-ARITIZE (274-8493) Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute 'forward-looking information' under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, 'will be' or variations of such words and phrases or statements that certain actions, events or results 'will' occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. SOURCE: press release
Bloomberg
19 hours ago
- Business
- Bloomberg
Amazon Pledges to Continue Aggressive Data Center Expansion
By and Edward Ludlow Save Inc. 's cloud services chief says the company is aggressively expanding server farms globally and looking to boost access to the latest artificial intelligence chips from Nvidia Corp. Amazon Web Services, the world's largest seller of rented computing power and data storage, opened a cluster of data centers in Mexico earlier this year, AWS Chief Executive Officer Matt Garman said Friday in an interview with Bloomberg Television. The cloud division is also building out new facilities in Chile, New Zealand, Saudi Arabia and Taiwan, Garman said.
Channel Post MEA
a day ago
- Business
- Channel Post MEA
SambaNova Launches Its AI Platform in AWS Marketplace
SambaNova has announced that its AI platform is now available in AWS Marketplace, a digital catalog that helps you find, buy, deploy, and manage software, data products, and professional services from thousands of vendors. This availability allows organizations to seamlessly purchase and deploy SambaNova's fast inference services alongside their existing infrastructure in AWS. This new availability marks a significant milestone in SambaNova's mission to make private, production-grade AI more accessible to enterprises, removing traditional barriers like vendor onboarding and procurement delays. By leveraging existing AWS relationships, organizations can now begin using SambaNova's advanced inference solutions with a few simple clicks — accelerating time to value while maintaining trusted billing and infrastructure practices. 'Enterprises face significant pressure to move rapidly from AI experimentation to full-scale production, yet procurement and integration challenges often stand in the way,' said Rodrigo Liang, CEO and co-founder of SambaNova. 'By offering SambaNova's platform in AWS Marketplace, we remove those obstacles, enabling organizations to access our industry leading inference solutions instantly, using the procurement processes and a cloud environment they already trust.' Accelerating Access to High-Performance Inference SambaNova's listing in AWS Marketplace gives customers the ability to: Procure through existing AWS billing arrangements — no new vendor setup required. Leverage SambaNova's inference performance — fast and efficiently, running open source models like Llama 4 Maverick and DeepSeek R1 671B. Engage securely via private connectivity — possible through AWS PrivateLink for low-latency, secure integration between AWS workloads and SambaNova Cloud. 'With the SambaNova platform running in AWS Marketplace, organizations gain access to secure, high-speed inference from the largest open-source models. Solutions like this will help businesses move from experimentation to full production with AI,' said Michele Rosen, Research Manager, Open GenAI, LLMs, and the Evolving Open Source, IDC. This tight integration enables customers to deploy high-performance, multi-tenant inference solutions without the need to purchase or manage custom hardware — expanding SambaNova's reach into enterprise environments where time-to-value and IT friction have historically limited adoption. Making High-Performance Inference More Accessible With this listing in AWS Marketplace, SambaNova is meeting enterprise customers where they already are — within their trusted cloud environments and procurement frameworks. By removing onboarding friction and offering seamless integration, SambaNova makes it easier than ever for organizations to evaluate, deploy, and scale high-performance inference solutions. 'This makes it dramatically easier for customers to start using SambaNova — no new contracts, no long onboarding — just click and go,' said Liang. 0 0
Yahoo
a day ago
- Business
- Yahoo
CT university launches new way of learning. It's called an ‘on-ramp' for jobs and it's growing fast
It could be for those who don't have the money, time or inclination to get a college degree. Southern Connecticut State University has developed an Office of Workforce and Lifelong Learning program that after a little more than a year is burgeoning in popularity beyond the university's expectations, said Amy C. Feest, senior program director. Feest describes the program of classes as 'an on-ramp' to employment and upscaling existing careers. 'It's usually much less expensive (than a degree) but ends up as a credential… We are growing at a rate that we did not anticipate,' Feest said. The program is just over a year old and Feest said they're looking at expansion. 'A lot of times people don't see themselves as being successful in college, but this is like college,' with a syllabus, sometimes homework and rigorous material. A wide variety of useful courses are offered, many of them online ranging from $50 to $3,000. Those who take the courses are looking to upscale their jobs, prepare for promotions or even train for a new career, Feest said. Lisa Rudd, a nurse practitioner at a clinic in North Carolina took an online course through the program in medical Spanish so she can better communicate with Spanish speaking patients. She intends to also take a second and third level course. Even after one course Rudd can ask what brings them to the clinic and get basic background information. 'I already see a difference from the class,' she said. 'I had zero competency and now I can understand things.' In another scenario, Taevon Walker, 27 of Ansonia, is trying to piece together a cybersecurity and technology career by taking courses like Python (a programming language), cyber security, AWS, and coding. He attended Fairfield University for electrical engineering after graduating from Amistad High School in 2016, but left after a year and a half because of money. Walker said he didn't like paying for electives like art history because they had nothing to do with his major. Then he became a licensed electrician, but tired of that with an eye toward technology. 'I want to get a foot in the door for cyber security,' Walker said. 'I feel like I'll be able to land a job or career and scale up from there.' The courses, that can run from a hours to months, include: mini MBA microcredentials, executive leadership in customer service, artificial intelligence, non-profit management, tourism and hospitality, computer science, education, health and human sciences, humanities, arts, social & behavioral sciences, science, technology, engineering, and mathematics. There's also a category for Connecticut state inservice workers and the courses include de-escalation for frontline workers, redefining training with XR technologies, Spanish language and culture for front line workers, supervision in a union environment. Feest said their original target audience was in New Haven, but now they're aiming for all of Connecticut. Feest said many of their students have a college degree, but are looking to update skills, In some cases they are looking at a promotion to supervisor and want to learn the intricacies of handling employees, how to do a budget, or how to write an evaluation, Feest said. 'If you go to college and you graduate, passed computer class, you don't necessarily have an expertise in PowerPoint,' Feest said, 'but you can take a class here' (in PowerPoint to give you an edge in getting a job or moving up in a job). Sometimes, Feest said, people 'who didn't see themselves as being successful in college,' change their mind after taking the courses and enroll. Those who take the Office of Workforce and Lifelong Learning, or OWLL, courses learn, 'College isn't as scary as they thought,' Feest said. They even have a course in MBA micro-credentials. There are courses that don't exactly a career make, but may help get a foot in the door. For instance, those who earn a certificate in tourism and hospitality may be more likely to land a job at a hotel, or museum because they know about the language of the industry, Feest said. There are many technology courses and, 'That will absolutely open doors for you,' she said Some of the programs will train for a full career, such as medical billing and coding, EKG technician, drone academy where one learns to fly a drone and prepares for licensing. 'We really need people who are skilled,' in the workforce, Feest said. She said university officials have been 'very forwarding thinking' in supporting the initiative. Contact Pam McLoughlin at pruddell@
