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Vmware (VMW) Stock News, Sep-Oct 2020

VMW NYSE
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VMware, a leader in enterprise software, released its sixth Global Incident Response Threat Report, highlighting a surge in sophisticated cyberattacks influenced by the pandemic and the 2020 U.S. presidential election. Key findings include that 82% of attacks now involve counter incident response, and 55% target digital infrastructure for 'island hopping.' The report stresses the role of custom malware, which appears in 50% of attacks, and indicates heightened concerns about foreign influence in the upcoming election, with 73% of surveyed professionals anticipating cyberattacks during this period.

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At VMworld 2020, VMware (NYSE: VMW) and Lumen Technologies (NYSE: LUMN) announced an expanded collaboration focusing on edge compute, networking, and security. This partnership aims to enhance enterprise capabilities, enabling the migration and management of workloads using integrated VMware technologies. Lumen's edge solutions promise low latency and a consistent experience across hybrid cloud environments. Key offerings include Lumen's Private Cloud on VMware Cloud Foundation and VMware SD-WAN solutions, facilitating digital business transformations.

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VMware and NVIDIA have announced a significant partnership at VMworld 2020 to develop an end-to-end enterprise platform for AI and a new architecture for data centers and cloud solutions. This collaboration integrates NVIDIA's NGC hub with VMware's vSphere and Cloud Foundation, enhancing AI adoption across various industries. Additionally, the new hybrid cloud architecture leverages NVIDIA's SmartNIC technology, enabling enterprises to deploy AI applications more effectively. The partnership aims to democratize AI and aid customers in transforming their data centers into accelerated AI supercomputers.

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