Paul Gillin
Latest from Paul Gillin
HPE announces integrated appliance for machine learning development
Hewlett Packard Enterprise Co. today is unveiling some of the fruits of last year’s acquisition of Determined AI Inc. with the launch of a platform for building and training machine learning models at scale. The HPE Machine Learning Development System combines the HPE Machine Learning Development Environment with computing, accelerators and onboard networking to accelerate ...
Microsoft shares surge on strong results and an upbeat forecast
Microsoft Corp. beat earnings estimates today with better-than-expected revenue across nearly all its product lines in the fiscal third quarter. The company also issued a bullish forecast, helping send the stock up about 5% in after-hours trading. Revenue rose 18% over the year-ago quarter, to $49.36 billion, beating analysts’ estimates of $49 billion. Earnings of ...
Code-testing firm SonarSource lands $412M in funding at a $4.7 billion valuation
SonarSource Inc., which sells a commercial version of an open-source code-testing platform, today said it has raised $412 million from new and existing investors at a valuation of $4.7 billion, bringing the Geneva-based company’s total amount raised to $457 million. SonarSource’s open-source and commercial platforms – called SonarLint, SonarCloud and SonarQube – provide automated code ...
SAP earnings miss blamed on short-term factors
SAP SE’s fiscal first-quarter earnings fell short of analysts’ expectations today but revenue growth came in stronger than expected. Earnings per share of $1.08 fell below consensus estimates of $1.22. Revenues rose 11.5% over the same period last year, to $7.63 billion, beating Wall Street’s expectations of $7.41 billion. Executives blamed the profit shortfall on a ...
Databricks targets media firms with its fourth vertical market analytics package
Databricks Inc. is continuing its recent campaign to court customers in vertical industries with today’s announcement of an analytics platform targeted at the media and entertainment industry. The company, which sells an analytics platform based on the Apache Spark framework, said the Lakehouse for Media & Entertainment addresses a set of common industry use cases ...
D-Matrix lands $44M to build AI-specific chipsets
Three-year-old startup d-Matrix Corp. said today that it has closed a $44 million funding round to support its efforts to build a new type of computing platform that support transformer artificial intelligence workloads. The company also announced its first silicon “chiplet” based on a digital in-memory computing or DIMC architecture. Founded by two veterans of microprocessor ...
Latest Oracle Exadata servers ascend to the cloud
Oracle Corp. today is completing the rollout of its latest generation of Exadata processors with an announcement that computing services based on the Oracle Exadata Cloud Infrastructure X9M appliance are now available in Oracle Cloud Infrastructure. The Oracle Autonomous Database Service running on Exadata infrastructure (pictured) provides significant improvements in performance, throughput and capacity without a corresponding ...
IBM buoys investors with strong results and a bright forecast
IBM Corp.’s growth story continued to gain momentum today as the computer giant announced first-quarter results that slightly beat expectations and an upbeat forecast that buoyed the stock price in after-hours trading. Quarterly revenue rose nearly 11% from a year ago, to $14.2 billion on a constant currency basis, ahead of analysts’ consensus estimates of ...
Inventor of Salt automation project comes up with a new way to tame cloud complexity
Cloud complexity is nothing new. Solving for it has been an intractable problem. Cloud-native applications based on microservices can have thousands of moving parts and application program interfaces. Although that’s made application development faster and more reliable, it’s also introduced a dizzying web of interconnectedness. The challenge of figuring out what’s responsible for a slowdown ...
Oracle extends HR suite with tools to boost employee morale
Joining the growing ranks of software companies that are rolling out tools to buoy employee spirits during the Great Resignation, Oracle Corp. today introduced Oracle ME, a platform aimed at helping organizations increase employee engagement. Oracle ME is mostly composed of functions that are already available in the Oracle Fusion Cloud Human Capital Management suite, although ...