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Cloud AI Today - Enterprise AI Flexibility Boosted by Pipeshift Funding Success
Reviewed by Simply Wall St
Cloud AI continues to advance with enterprises increasingly adopting open-source AI models to enhance flexibility and control over their AI infrastructure. A notable development in this space is the recent $2.5M funding round raised by Pipeshift, an AI infrastructure startup. The company has introduced a platform that simplifies the deployment of AI workloads by making it significantly more efficient and cost-effective. This Platform-as-a-Service solution allows organizations to deploy open-source GenAI models across any infrastructure while addressing the complexities of AI model orchestration with a modular MLOps stack, catering to unique enterprise needs.
In other market news, Guidewire Software (NYSE:GWRE) was a standout up 11.5% and closing at $204.60, near its 52-week high. Meanwhile, Samsung SDSLtd (KOSE:A018260) softened, down 6.1% to end the day at ₩114,000, hovering around its 52-week low.
Best Cloud AI Stocks
- Microsoft (NasdaqGS:MSFT) closed at $446.71 up 0.1%, close to the 52-week high. On Tuesday, Christopher D. Young resigned as Executive Vice President at the company.
- Alphabet (NasdaqGS:GOOGL) ended the day at $197.98 down 0.2%, not far from its 52-week high.
- Super Micro Computer (NasdaqGS:SMCI) ended the day at $33.41 down 1.3%.
Taking Advantage
- Click here to unveil our expertly curated list of 153 Cloud AI Stocks including Ruijie Networks, Alibaba Group Holding and HCL Technologies.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources:
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About NasdaqGS:GOOGL
Alphabet
Offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.
Outstanding track record with excellent balance sheet.