Paul Gillin
Latest from Paul Gillin
Informatica plunges 33% on revenue miss, citing ‘internal issues,’ but says underlying business is strong
Informatica Inc.’s stock plummeted more than 33% in after-hours trading after the data integration company reported lower-than-expected revenue in the fourth quarter. Informatica blamed internal sales issues and customers’ more rapid than expected migration to the cloud, which hit maintenance revenues. Revenue fell nearly 4% from a year ago, to $428.3 million, below consensus estimates ...
HPE rolls out ProLiant servers optimized for AI and security-sensitive workloads
Hewlett Packard Enterprise Inc. today is rolling out eight new ProLiant Compute Gen12 servers, claiming advanced security capabilities, performance optimized for complex workloads and artificial intelligence-driven management features. The servers are based on the new Intel Corp. Xeon 6 processors, which are designed for high levels of performance and power efficiency. The ProLiant Compute DL384 ...
Snowflake partners with Anthropic to release its first AI agents
Snowflake Inc. today launched agentic artificial intelligence capabilities that allow users to query combinations of structured and unstructured data using enhanced versions of its Cortex Analyst and Cortex Search query tools in combination with the Claude 3.5 Sonnet large language model from Anthropic PBC. AI agents are autonomous systems that perceive their environment, process information ...
Cisco embeds security services in new line of programmable switches
Cisco Systems Inc. today announced a family of data center switches that enable services to be embedded directly into the switching layer, beginning with security services. Cisco’s Nexus 9300 Series Smart Switches (pictured) combine the company’s Silicon One E100 network processors and programmable data processing units from Advanced Micro Devices Inc. The switch functions as ...
Amplitude integrates in-app surveys into its behavioral analysis platform
Behavior-tracking software firm Amplitude Inc. today said it has completed the integration of the personalized user assistance and survey technology it acquired with Command AI last October. Relaunched as Amplitude Guides and Surveys, the product allows marketing and product teams to deliver personalized messages and questions to users based on behavior. For example, it can deliver ...
Oracle boosts generative AI feature in its human capital management cloud application
Oracle today is rolling out new role-based artificial intelligence agents within it Fusion Cloud Human Capital Management application aimed at automating tedious workflows and helping resolve common employee questions. New agents in Release 25A of HCM address “problematic areas that require a lot of time and research,” said Miranda Nash, group vice president of Oracle ...
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, ...