Fermyon Technologies and Akamai have announced a partnership to introduce edge-native serverless and AI applications by combining Fermyon's WebAssembly (Wasm) Functions engine with Akamai's extensive globally distributed cloud and content delivery network. This collaboration aims to significantly enhance application performance by enabling faster, more efficient, and developer-friendly environments for latency-sensitive and AI inferencing applications. By integrating WebAssembly functionalities with Akamai's existing services, including its EdgeWorkers and CDN, businesses can achieve lower egress costs and faster application response times, paving the way for the development and adoption of more distributed cloud models.
In other market news, QXO was a notable mover up 3.3% and finishing the session at $14.01. In the meantime, TD SYNNEX lagged, down 14.3% to end the day at $107.54. On March 27, the company reported first-quarter earnings and reaffirmed its second-quarter guidance.
Akamai Technologies is rapidly expanding in cybersecurity and cloud services, with ambitious revenue growth targets by 2025. Discover more on why this transformation is crucial.
Additionally, explore our Market Insights article on the DeepSeek R1 model, examining its industry-shaking implications for Cloud AI investment—act quickly before the landscape shifts further.
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