Latest news with #AICloud
Mint
13-06-2025
- Business
- Mint
Tata Communications shifts focus: Can it transform into a digital powerhouse?
At its recently held annual investors day, Tata Communications Ltd reiterated its vision to transition from a connectivity-led business to a digital platform-led as the ambition swells, so does the weight of execution. Of the ₹23,109 crore total revenue in FY25, data services formed an 84% splitbetween the profitable core connectivity services (53% of data revenue) and loss-making digital portfolio(47%). By FY28, the digital portfolio is expected to contribute 65% of data revenue. For that, the company is betting on cloud, CPaaS, media and AI platforms to drive implies a steep digitalrevenue CAGR of 26%, higher than the25% CAGR recorded during FY21–25, even after the Kaleyra acquisition, said a Motilal Oswal Financial Services report dated11 June. But this digital pivot is already testing timelines. Tata Communications has deferred its ambition of doubling data revenue to ₹28,000 crore by a year to FY28 amid macro-economic headwinds. The revised ask isa 13% CAGR, lower than the 19% earlier planned, which, according to Motilal Oswal, looks ambitious without another big acquisition in the pipeline. Moreover, proprietary platforms like AI Cloud and expected to drive a third of incremental revenue by FY28, are yet to deliver in a meaningful way. Also Read: Artificial intelligence tools raise productivity. They can also act as great equalizers The real sticking point is the profitability of the digital platform segment. The portfolio posted a ₹890 crore Ebitda loss in FY25 with a margin of negative 9.7%.The management believes this has bottomed out, guiding for a swing to ₹1,500 crore Ebitdain the coming years, aided by scale, Kaleyra synergies and a better product mix. However, no firm timeline was shared for meeting this target. Moreover, digital revenue today remains skewed towards reselling a low-margin game. Further, the core connectivity segment, the cash cow of the business, is facing its own set of challenges. Multiprotocol label switching (MPLS) services face annual price erosion, prompting the company to add 100 new customers in FY25 to protect volumes. Also Read: As India tightens data rules, top tech companies dish out a new offering: compliance as a service Tata Communications reaffirmed its broader goals, targeting a consolidated Ebitda margin of 23-25% by FY27from 19.6% nowand RoCE over 25% from 16%. These targets depend entirely on digital turning profitable soon enough to support overall financial performance. Meanwhile, the stock performance has been lacklustre, down 10% over the past year. 'The stock trades at a reasonable 11x one- year-forward EV/Ebitda. While Tata Communications has built robust capabilities in recent years, more consistent execution is key for a meaningful re-rating, in our view," said IIFL Securities Ltd report dated 11 June.
Yahoo
12-06-2025
- Business
- Yahoo
Nebius Expands AI Cloud in Europe With NVIDIA GB200 and Blackwell
Nebius Group N.V. NBIS has announced the general availability of NVIDIA GB200 Grace Blackwell Superchip capacity for its customers in Europe, marking a significant step in its mission to build out global, full-stack artificial intelligence (AI) infrastructure. The move underscores Nebius' commitment to accelerating AI innovation across Europe and beyond by integrating NVIDIA's powerful computing technology into its AI Cloud platform. In addition to launching GB200 support, Nebius has rolled out several new integrations with NVIDIA's AI ecosystem. These include the expansion of Nebius AI Cloud with NVIDIA AI Enterprise software, early access to NVIDIA Blackwell architecture through NVIDIA DGX Cloud Lepton, and first-in-Europe availability of NVIDIA Hopper GPUs via the Brev platform. Nebius will also introduce instances with the RTX PRO 6000 Blackwell Server Edition later this year. Nebius Group N.V. price-consensus-chart | Nebius Group N.V. Quote Nebius has already put the NVIDIA GB200 platform to work, collaborating with research group LMArena and NVIDIA to bring LMArena's Prompt-to-Leaderboard (P2L) system into production. Trained in just four days using NVIDIA DGX Cloud infrastructure on Nebius, the P2L system dynamically routes real-time user queries to the most accurate and cost-effective AI models, optimizing performance through live feedback. The inclusion of NVIDIA AI Enterprise within Nebius AI Cloud further enhances its offering for enterprise customers and national AI programs. The platform provides tools such as NVIDIA NIM microservices and NVIDIA NeMo, enabling faster development and deployment of AI applications. Nebius' infrastructure is already supporting groundbreaking work. Prima Mente, a biotech firm researching neurological diseases, is using Nebius' AI Cloud to train large-scale epigenetic models. As the first European-headquartered Reference Platform NVIDIA Cloud Partner (NCP), Nebius meets EU regulatory standards, making it ideal for sovereign AI initiatives. One such project is Milestone Systems' Project Hafnia, a collaborative effort between NVIDIA and Nebius to develop a compliant, anonymized video data platform for training vision-language AI models to support smart city solutions. All data is processed and stored within the EU. The company reported first-quarter 2025 results, wherein revenues surged 385% year over year, driven by strong growth in its core AI business. Annualized run-rate revenue, or ARR, saw a 700% surge, highlighting a structurally expanding revenue base. ARR for April was $310 million, which provides a strong start for the second quarter. Nebius is carrying strong momentum into the second quarter of 2025 and remains confident in achieving its full-year ARR guidance of $750 million to $1 billion. For 2025, the company also reaffirmed its overall revenue guidance of $500 million to $700 million. In the first quarter, Nebius significantly upgraded its AI cloud infrastructure through improvements to its Slurm-based cluster. These enhancements included automatic recovery for failed nodes and proactive system health checks designed to identify issues before they impact jobs. This directly lowers downtime and boosts capacity availability. According to the company, these changes led to an estimated 5% improvement in the availability of nodes for commercial use. Nebius is making substantial investments in improving its object storage capabilities, and the upgraded storage system ensures that big data sets can be easily accessed and saved quickly during model training, directly lowering time-to-result for end users. NBIS successfully graduated multiple platform services like MLflow and JupyterLab Notebook from beta to general availability. Nebius expanded integrations with external AI platforms like Metaflow, D Stack and SkyPilot, enabling customers to migrate tools with nominal friction. Nebius currently carries a Zacks Rank #3 (Hold). Shares of the company have surged 64.4% in the past six months compared with the Zacks Internet - Software and Services industry's growth of 25.2%. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are Blackbaud, Inc. BLKB, Criteo S.A. CRTO and Red Violet, Inc. RDVT. BLKB sports a Zacks Rank #1 (Strong Buy), while CRTO and RDVT carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Blackbaud's earnings beat the Zacks Consensus Estimate in two of the trailing four quarters while meeting in one and missing in the other, with the average surprise being 1.2%. In the last reported quarter, BLKB delivered an earnings surprise of 6.67%. Its shares have lost 17.4% in the past year. Criteo's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 32.03%. In the last reported quarter, CRTO delivered an earnings surprise of 46.67%. Its shares have decreased 29.4% in the past year. Red Violet's earnings beat the Zacks Consensus Estimate in two of the trailing four quarters while in line in one and missing in one, with the average surprise being 21.63%. In the last reported quarter, RDVT delivered an earnings surprise of 43.48%. Its shares have surged 106.1% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Blackbaud, Inc. (BLKB) : Free Stock Analysis Report Criteo S.A. (CRTO) : Free Stock Analysis Report Red Violet, Inc. (RDVT) : Free Stock Analysis Report Nebius Group N.V. (NBIS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-06-2025
- Business
- Yahoo
Baidu Bets Big on AI: Is the Cloud Business Finally Paying Off?
Baidu BIDU is beginning to see real traction from its years-long investment in artificial intelligence (AI), with AI Cloud emerging as a key driver of growth and profitability. While macro pressures and regulatory uncertainty still weigh on China's tech landscape, Baidu's cloud transformation signals a notable shift in the company's core business dynamics. AI Cloud revenue jumped 42% year over year to RMB6.7 billion, now contributing 26% of Baidu Core revenue, up from 20% a year earlier. This growth is fueled by rising enterprise demand for generative AI capabilities and foundation models, delivered primarily through Qianfan, Baidu's Model-as-a-Service (MaaS) company's emphasis on full-stack AI infrastructure and continual model optimization, evidenced by the recent launches of ERNIE 4.5 Turbo and ERNIE X1 Turbo, has significantly cut inference costs while improving output quality. These improvements are making Baidu's AI Cloud more attractive to clients seeking scalable and cost-efficient AI Baidu has shifted its cloud revenue mix toward subscription-based models, offering greater visibility and sustainability. Management emphasized that subscription revenues now make up the majority of enterprise cloud sales, with Gen AI-related subscription revenue growing at triple-digit rates for multiple is also on an upswing, with non-GAAP operating margins for AI Cloud reaching the mid-teens. However, Baidu continues to reinvest aggressively in AI infrastructure and emerging applications, such as autonomous driving and Gen AI search, which may cap near-term margin Baidu's execution in cloud AI is gaining momentum, signaling that its multi-year bet on AI is not only paying off but also reshaping the company's long-term growth narrative. As Baidu doubles down on AI Cloud, it faces formidable competition from Alibaba BABA and Tencent TCEHY, both are aggressively expanding their cloud footprints in China's evolving AI landscape. Alibaba Cloud, still the market leader by share, is integrating its proprietary Tongyi Qianwen foundation models into a broad range of enterprise services. With a massive installed base and strong ties across e-commerce and logistics, Alibaba offers both scale and cross-sector penetration that Baidu must contend Tencent is leveraging its strengths in gaming, social platforms, and fintech to embed AI services into vertical applications. Tencent's Hunyuan model is gaining traction, and the company's approach emphasizes AI-as-a-service across its super app Baidu sets itself apart is through its deep stack integration, from chips to models to applications, via Qianfan. Baidu shares have lost 5.3% in the past three months against the Zacks Internet - Services industry's 6.1% rise. Image Source: Zacks Investment Research BIDU's forward 12-month price/earnings ratio sits at 8.76, far below the industry average of 18.74. Image Source: Zacks Investment Research Over the past 30 days, the Zacks Consensus Estimate for Baidu's 2025 earnings per share has decreased, as you can see below. Image Source: Zacks Investment Research Baidu stock currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Baidu, Inc. (BIDU) : Free Stock Analysis Report Tencent Holding Ltd. (TCEHY) : Free Stock Analysis Report Alibaba Group Holding Limited (BABA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Korea Herald
10-06-2025
- Business
- Korea Herald
WEKA and Nebius Partner to Catalyze AI Innovation With Ultra-High-Performance Cloud Infrastructure Solution
CAMPBELL, Calif., June 11, 2025 /PRNewswire/ -- WEKA, the AI-native data platform company, and Nebius (NASDAQ: NBIS), a leading AI infrastructure company, today announced a partnership that delivers a powerful GPU-as-a-Service (GPUaaS) solution integrating WEKA's advanced data storage software with Nebius' full-stack AI cloud platform. The collaboration enables customers to scale compute and storage resources on demand with ultra-high performance and microsecond latency for efficient AI model training and precision AI inference. Organizations that run AI model training and inference processes at scale often face challenges related to compute, memory, storage, and data management, which can impede innovation. As demand for modern AI infrastructure grows, organizations are embracing specialized neoclouds for access to turnkey infrastructure that can power their AI ambitions. In turn, neoclouds are seeking innovative ways to optimize the performance and efficiency of their GPU data center infrastructure. Nebius AI Cloud delivers a cutting-edge, cost-optimized neocloud environment that empowers innovators of all sizes — from enterprises to startups to research institutions — to operationalize AI workloads. To fuel the premium tier of its next-generation platform, Nebius selected WEKA's high-performance storage software to turbocharge its AI Cloud performance while effortlessly scaling from petabytes to exabytes of data. A leading research institution selected Nebius' purpose-built AI infrastructure to power its large-scale experimentation and model development efforts, reserving a multi-thousand-GPU cluster and leaning on Nebius AI Cloud's developer-friendly platform optimized for AI/ML workloads. To further tailor the environment to its exacting operational needs, the customer requested the integration of WEKA's data platform, citing previous success with WEKA and the need for features such as user and directory quotas. With 2PB of WEKA storage deployed alongside Nebius' compute infrastructure, the institution now benefits from a high-performance, scalable, and fully managed platform that supports the rigorous demands of cutting-edge AI research. "WEKA exceeded every expectation and requirement we had," said Danila Shtan, CTO at Nebius. "The WEKA solution not only delivers outstanding throughput, IOPS, and low latency at scale while effortlessly managing mixed read and write workloads, but it also provides exceptional metadata management and streamlined multitenancy." "We are proud to be collaborating with Nebius to deliver high-performance, cloud-based solutions that maximize their AI innovation while minimizing infrastructure complexity," said Liran Zvibel, cofounder and CEO at WEKA. "Together, Nebius and WEKA are redefining what's possible when high-performance storage meets AI-first infrastructure, providing a unified solution that is a catalyst for enterprise AI and agentic AI innovation." Learn more about the Nebius AI Cloud solution powered by WEKA: About Nebius Nebius is a technology company building full-stack infrastructure to service the explosive growth of the global AI industry, including large-scale GPU clusters, an AI-native cloud platform, and tools and services for developers. Headquartered in Amsterdam and listed on Nasdaq, the Company has a global footprint with R&D hubs across Europe, North America and Israel. The Nebius AI Cloud platform has been built from the ground up for intensive AI workloads. With proprietary cloud software architecture and hardware designed in-house, Nebius gives AI builders the compute, storage, managed services and tools they need to build, tune and run their models. To learn more, visit About WEKA WEKA is architecting a new approach to the enterprise data stack built for the era of agentic AI. The WEKA® Data Platform sets the standard for AI infrastructure, providing a cloud and AI-native foundation for enterprise AI that can be deployed anywhere with seamless data portability across on-premises, cloud, and edge environments. It transforms legacy data silos into dynamic data pipelines that dramatically increase GPU utilization and make AI model training, inference, and HPC workloads run faster and more efficiently, delivering microsecond latency performance at scale. WEKA is helping the world's most innovative enterprises and research organizations to accelerate time to market, discovery, and insights with AI, including 12 of the Fortune 50. Visit to learn more, or connect with WEKA on LinkedIn and X.
Yahoo
10-06-2025
- Business
- Yahoo
Uniphore Accelerates Expansion Across Europe
Business AI Suite Launch, Hearst UK, and Konecta Momentum Signal Strategic Growth PALO ALTO, Calif. & LONDON, June 10, 2025--(BUSINESS WIRE)--Uniphore, the Business AI Company, today announced a significant expansion across Europe, accelerating its commitment to the region through new customer adoption, partner momentum, product launches, and organizational investment. The announcement coincides with the release of the Uniphore Business AI Cloud, announced during the AI Leadership Summit held yesterday in London—an exclusive gathering of media, industry leaders, and Uniphore customers exploring the future of agentic AI in Europe. Attendees included executives from ResultsCX, Konecta, KPMG, and Rowan Curran, Principal Analyst at Forrester, who shared perspectives on how enterprises are scaling AI from isolated pilots to business-critical systems that drive measurable outcomes across customer experience, marketing, operations and more. A Platform Built for Europe's AI Mandate As enterprise adoption of AI accelerates across Europe, CIOs and Line of Business Leaders face growing pressure to deliver solutions that align with the EU's AI Act. Uniphore's Business AI Cloud delivers on these requirements through a sovereign, composable, and secure platform that allows enterprises to activate AI across voice, video, text, structured and unstructured data — without compromising privacy or control. With generative AI projected to grow at 55 percent annually in Europe and AI spending expected to exceed $133 billion in the region by 2028, European CIOs are under pressure to move beyond experimentation and deliver business-ready AI that is secure, compliant and operational at scale. Uniphore's Business AI Cloud is built to meet this demand, supporting the CIO mandate to operationalize AI across workflows while meeting strict data governance, privacy and ethical standards defined in the EU AI Act and other regulatory frameworks. Fall 2025: Uniphore Marketing AI CDP Launches in EMEA Uniphore will formally launch its Marketing AI CDP and Marketing Agents, part of the Business AI Suite, in the European market this fall. Built for enterprise marketers navigating complex privacy landscapes and fragmented customer data, the solution helps teams activate insights and deploy agentic marketing workflows — without requiring data movement or custom engineering. Among Uniphore's newest customers in the region is Hearst UK, a leading media organization embracing AI to drive marketing automation and personalized engagement. "We've been really pleased with the flexibility and composability of the Uniphore CDP," said Krishan Gandhi, Senior Director of Data Engineering & Analytics at Hearst UK. "As we continue to evolve our customer data strategy, we're excited to see how Uniphore's Marketing Agents and complete AI platform will help us better engage audiences, streamline workflows, and drive more impactful marketing outcomes." The Uniphore Business AI Suite includes Marketing AI, a CDP with pre-built agents purpose-built for enterprise marketers, including the Product Knowledge Agent (now generally available), which answers user questions in real time using indexed product documentation; the Platform Search Agent, launching in Summer 2025, which enables semantic search across audiences, attributes, and platform components; and the Audience Segmentation Agent, also arriving this summer, which allows marketers to build audience cohorts from plain-English prompts using both rule- and outcome-based logic. Together, these agents help enterprises accelerate first-party data activation while meeting GDPR compliance requirements out of the box. Momentum with Konecta Drives Scaled Transformation Uniphore also continues to deepen its relationship with global BPO leader Konecta, following the strategic partnership announced in late 2023. The companies are jointly scaling AI-led contact center transformation across Europe — automating quality monitoring, enabling real-time agent guidance and delivering measurable outcomes for telecom and financial services leaders. "With Uniphore, we're building an agentic AI factory, designed to rapidly create, deploy and orchestrate AI agents across our customer environments," said Oscar Vergé, chief AI deployment officer at Konecta. "The platform's agent builder, orchestration engine and support for both prebuilt and custom agents allow us to agentify critical workflows for each client, from customer service to back-office automation. This isn't just AI adoption — it's real transformation at enterprise scale." Konecta leaders joined Uniphore onstage at the AI Leadership Summit in London to discuss deployment momentum and share learnings on production-grade enterprise AI. Growing the Team and Leadership Across EMEA Uniphore has significantly grown its presence in the region, expanding its team across sales, engineering, and customer success. The company now operates from a dedicated London office as well as an office in Valencia, Spain and is actively engaged in deployments across key markets throughout EMEA. To support this growth, Jeremy Keefe has joined as Vice President of Sales, EMEA, bringing decades of enterprise software leadership to Uniphore's regional go-to-market strategy. About Uniphore Uniphore is the Business AI company. Our sovereign, composable, and secure AI platform connects enterprise data, fine-tunes AI models and deploys agentic AI across the enterprise. We empower every worker to boost productivity and help businesses grow faster, operate smarter and reduce costs. Trusted by more than 1,500 businesses globally, and recognized on the Deloitte Fast 500, Uniphore delivers on the promise of AI as a transformative force for business. Learn more about Uniphore's Business AI Cloud and enterprise AI solutions at For insights, updates and thought leadership, explore our blog or follow us on LinkedIn. View source version on Contacts Media Contact: Tim HarrisDirector, Public
