Intel bets big on cloud, with stake in Cloudera
San Francisco (AFP) March 31, 2014 - In a sign of the growing importance of the Internet "cloud," software group Cloudera said Monday it raised a whopping $900 million to expand its big data corporate services. US chip giant Intel is leading the financing with a "significant" investment which will give it an 18 percent stake in Cloudera, the companies said. The move highlights the importance of cloud services, which can sto ... more
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