Cybersecurity operations startup Andesite AI Inc. today announced that it has raised $23 million in new funding. The company als announced the general availability of its bionic Security Operations Center, a human-artificial intelligence collaboration product that empowers cyber defense teams. Founded in 2023, Andesite seeks to address the issue wherein, despite cybersecurity spending ballooning, security ...

Zilliz Inc., the company behind the open-source Milvus vector database, today announced the release of an updated version of the Zilliz Cloud Bring Your Own Cloud offering that includes a series of advancements to its vector data offering. The update release allows enterprises to run artificial intelligence workloads where their data resides while maintaining full ...

Electric vertical takeoff and landing aircraft company Archer Aviation Inc. announced today that it has raised $300 million in new funding via an equity capital raise. The $300 million in funding, raised through a securities purchase agreement, came from Blackrock Inc. and other leading institutional investors. The funding will be used to strengthen Archer’s financial ...

Application security firm F5 Inc. today laid out a new framework for the evolution of application delivery controllers aimed at addressing the increasing complexity of hybrid, multicloud and artificial intelligence-powered information technology environments. The new ADC framework, known as ADC 3.0, introduces reference architectures and strategic partnerships designed to help enterprises securely deploy and manage ...

Riding-hailing company Lyft Inc. is reportedly set to launch a fleet of robotaxis powered by Mobileye Global Inc. by 2026 as the company seeks to compete with similar emerging services from the likes of Uber Technologies Inc. and Tesla Inc. Reports that Lyft was working towards introducing robotaxis into its mix of offerings first emerged ...

OpenAI is reportedly getting closer to producing its own in-house artificial intelligence chip as it seeks to gain leverage over existing manufacturers and continues to expand its data centers. According to sources referenced by Reuters, the company is in the final months of finalizing the design for the in-house chip, with plans for the chip ...

Automated network assurance startup IP Fabric Inc. today announced the release of IP Fabric Version 7.0, a new version of the company’s platform that’s designed to simplify compliance with regulations and security frameworks and strengthen operational resiliency across multicloud environments for critical digital services. The new release seeks to address the issue wherein global enterprises that require ...

U.S. President Donald Trump has reportedly tapped Vice President JD Vance to oversee negotiations on a deal that could save the operations of TikTok in the U.S., as more tech companies have reportedly taken an interest in acquiring the U.S. operations of the company. TikTok, owned by ByteDance Ltd., has been in a somewhat legal ...

Cloud and cybersecurity companies Fortinet Inc., Cloudflare Inc. and Qualys Inc. all reported earnings and revenue beats for their latest quarters as demand for cybersecurity services continues apace. Fortinet For its fiscal fourth quarter that ended on Dec. 31, Fortinet reported adjusted earnings per share of 74 cents, up from 51 cents in the same ...

Artificial intelligence-based human resources company Phenom People Inc. announced today that it has acquired resource management and talent mobility platform Edge Networks Pvt. Ltd. for an undisclosed sum. Founded in 2012, Edge specializes in talent management and employee modulation within the information technology services and banking sectors. The company offers a suite of products designed ...