Elon Musk’s artificial intelligence startup xAI Corp. announced today that it has raised $6 billion in new equity financing as the company seeks to expand its supercomputer facility even more to house at least 1 million graphics processing units. Reports that xAI was seeking to raise additional funding emerged in October, with reports suggesting that ...

Cybersecurity company S.C. Bitdefender SRL today announced enhancements to its GravityZone XDR platform with the addition of a new Business Applications sensor that protects corporate data hosted and stored in cloud-based productivity and collaboration platforms. The new sensor will initially provide support for Atlassian Corp. cloud applications, including Confluence, Jira and Bitbucket, with plans to extend the ...

Generative artificial intelligence governance startup SurePath AI Inc. today announced the launch of SurePath AI Discovery, a new offering that provides rapid visibility into employee use of public AI services. Announced at this week’s Amazon Web Services Inc.’s re:Invent 2024 conference in Las Vegas, the new service classifies AI use by intent and identifies sensitive data violations, ...

Shares of Synopsys Inc. fell more than 6% in late trading today after the electronic design automation company’s outlook fell short of expectations despite otherwise solid results in its fiscal fourth quarter. For the quarter that ended on Oct. 31, Synopsys reported adjusted earnings per share of $3.40, up from $3 per share in the same ...

Shares in SentinelOne Inc. were down around 13% in late trading today after the cybersecurity company reported a widening loss in its most recent quarter and gave a cautious outlook despite reporting beats in other core metrics in its fiscal 2025 third quarter. For the quarter that ended Oct. 31, SentinelOne reported it broke even, up from ...

Threat detection startup Tuskira today launched with an announcement that it has raised $28.5 million in funding to accelerate product innovation, expand integrations and refine its artificial intelligence technologies for seamless onboarding and improved cybersecurity outcomes. The company was founded by Piyush Sharma, Om Moolchandani and Vipul Parmar, the team behind cloud security company Accurics, ...

Open-source database startup SurrealDB Inc. today announced the launch of Surreal Cloud, a database-as-a-service offering that gives enterprises access to a fully managed solution. It’s for developers who want to leverage the power and flexibility of SurrealDB without the complexities of managing infrastructure. Available on Amazon Web Services Inc.’s S3 platform, Surreal Cloud integrates with the Surrealist graphical ...

Cloud business software provider ServiceTitan Inc. today announced the launch of its initial public offering, with the company seeking to raise up to $502 million in an offering of 8.8 million shares priced between $52 and $57 each. Founded in 2012, ServiceTitan provides a cloud-based platform tailored to the needs of service businesses such as ...

Shares in Okta Inc. were up over 15% in late trading today after the identity and access management company reported strong beats on revenue and earnings in its fiscal 2025 third quarter. For the quarter that ended on Oct. 31, Okta reported adjusted earnings per share of 67 cents, up from 44 cents in the ...

Shares in Salesforce Inc. rose more than 9% in after-hours trading today after the cloud-based software company impressed investors with an upbeat outlook despite reporting mixed results in its fiscal 2025 third quarter. For the quarter that ended on Oct. 31, Salesforce reported adjusted earnings of $2.41, up from $2.11 in the same quarter of ...