Maria Deutscher
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OpenAI today introduced an internally developed search engine for its ChatGPT chatbot service. The move is not unexpected. In late July, OpenAI debuted a standalone search engine called SearchGPT that it described as a “temporary prototype.” The company stated that its goal …
Spot AI reels in $31M for its AI-powered video processing platform
Startup Spot AI Inc. has raised $31 million in fresh funding to help companies analyze footage from security cameras at their facilities. The investment, which was announced today, included contributions from more than a half-dozen investors. Qualcomm Ventures was among the participants. …
Extreme Networks shares soar on lower-than-expected sales decline
Shares of Extreme Networks Inc. closed about 12% higher today after the company posted better-than-expected revenue and earnings for its fiscal first quarter. San Jose, California-based Extreme Networks makes switches, office Wi-Fi equipment and other networking gear for enterprises. It also offers …
Dropbox to let go 20% of its workforce amid growth push
Dropbox Inc. is letting go 528 employees, or 20% of its workforce, in a bid to advance its revenue growth initiatives. Chief Executive Officer Drew Houston disclosed the move in a blog post published today. The announcement comes about 18 months after …
Supermicro shares plummet 33% after auditor resigns
Shares of Super Micro Computer Inc., better known as Supermicro, plunged 33% today after the server maker disclosed that its auditor had resigned. The company hired Ernst & Young LLP to review its finances this past March. The accounting firm informed Supermicro …
Cisco debuts new Nvidia-powered data center systems for AI workloads
Cisco Systems Inc. is expanding its hardware portfolio with two data center appliance lineups optimized to run artificial intelligence models. The systems debuted today at a partner event the company is hosting in Los Angeles. The first new product line, the UCS C885A M8 …
GPU cloud operator GMI Cloud secures $82M investment
Cloud infrastructure startup GMI Cloud Inc. today announced that it has closed a $82 million early-stage funding round led by Headline Asia. The Series A investment also included the participation of Thailand-based energy company Banpu Next and Wistron Corp., a Taiwanese electronics …
Cyber split: Check Point shares down, Commvault up on quarterly earnings
Check Point Software Technologies Ltd. and Commvault Systems Inc. both logged significant price moves in trading today, but in opposite directions, after reporting earnings for the three months ended Sept. 30. Shares of Check Point, one of the world’s largest cybersecurity companies, …
Meta reportedly developing custom search engine for its Meta AI chatbot
Meta Platforms Inc. plans to integrate a custom search engine into its Meta AI chatbot, The Information reported today. The publication cited sources as saying that the goal is to provide users with information about current events. Meta reportedly began developing the …
Cybersecurity startup Armis closes $200M round at $4.2B valuation
Armis Inc., the developer of a device detection and protection platform for enterprises, has raised $200 million in funding to support its growth efforts. The company announced the investment today. It said that the capital came from General Catalyst, Alkeon Capital Management, …