Paul Gillin
Latest from Paul Gillin
Aerospike says it has achieved a milestone in NoSQL OLTP performance
Aerospike Inc., which sells a commercial version of its namesake open-source, scalable, real-time NoSQL database management system, today unveiled a new version that it said is the first real-time distributed database to guarantee strict serializability of ACID transactions at a small fraction of the cost of competing systems. Strict serializability is the strongest consistency guarantee for ACID ...
Alluxio boosts performance for AI model training
Alluxio Inc., which sells a commercial version of an open-source distributed filesystem and cache, today announced new features that accelerate artificial intelligence model training and enhance integration with Python software development kits. The company said the updates collectively enable organizations to train models faster, handle large datasets more efficiently and simplify complex AI infrastructure. Alluxio ...
Exclusive: GetWhys raises $2.75M seed round for AI-infused marketing research platform
GetWhys Inc. today said it has raised a $2.75 million seed funding round to further the development and marketing of its artificial intelligence-based customer insights platform. The two-year-old firm, founded by consultants specializing in business-to-business marketing, provides self-service market research primarily to software firms that want to better understand the factors that motivate customer purchases. ...
Kyndryl sales fall but management promises return to growth this quarter
Kyndryl Holdings Inc. today reported adjusted earnings that beat analysts’ estimates on lower sales in its fiscal third quarter. Earnings of 51 cents per diluted share compared with a loss of five cents a year earlier and beat the consensus estimate of 41 cents. Revenue fell to $3.74 billion from $3.94 billion a year earlier, ...
Seraphic raises $29M to secure browsers in the enterprise
Seraphic Algorithms Ltd., a maker of security software for browsers, today announced that a $29 million early-stage funding round led by GreatPoint Ventures LLC. Also participating were CrowdStrike Inc.’s Falcon Fund and existing investors Planven Investments SA, Cota Capital Management LLC and Storm Ventures LLC. The company, which does business as Seraphic Security, said it will ...
Oracle expands generative AI functions in supply chain cloud
Oracle Corp. today is expanding the scope of role-based generative artificial intelligence features in its Fusion Cloud Supply Chain and Manufacturing platform, aiming at automating routine tasks for supply chain professionals. The AI-powered tools are intended to streamline workflows, optimize decision-making and enhance operational efficiency across various supply chain functions. Oracle has been steadily enhancing ...
Oracle and Google expand service availability and add cross-region replication for disaster recovery
Oracle Corp. and Google LLC’s cloud unit today announced an expanded partnership with broader regional coverage, additional services aimed at disaster recovery and a low-cost entry offering for customers that want to adopt Oracle’s Exadata high-performance database platform. Oracle Database@Google Cloud, which is a version of Oracle Cloud Infrastructure that runs natively on Google Cloud, ...
IBM stock soars on strong profit and bullish 2025 forecast
IBM Corp. met analysts’ revenue estimates in the fourth quarter, but IBM stock surged nearly 9% in after-hours trading as investors focused on profit and a strong 2025 forecast. Revenue rose 2% on a constant currency bases, to $17.56 billion, in line with consensus estimates. Adjusted earnings per share of $3.92 solidly beat estimates of ...
Startup backed by top universities aims to deliver fully open AI development platform
Oumi PBC, an artificial intelligence laboratory established in partnership with researchers from some of the world’s most prominent universities today announced what it describes as the world’s first “unconditionally open AI platform.” The initiative aims to create a collaborative ecosystem for AI research and development by offering open access to foundational models, datasets, and development ...
SAP beats sales and profit estimates, hints at forthcoming ‘game-changing innovation’
SAP SE reported 10% revenue growth on a 27% jump in cloud sales in its fiscal fourth quarter, beating analyst estimates. Total revenue of €9.38 billion ($9.79 billion) in constant currencies beat Wall Street forecasts of 9.1 billion euros, while operating profit jumped 24%, to €2.44 billion ($2.55 billion), ahead of analyst estimates of €2.25 ...