It has been almost a year and a half since Cisco Systems Inc. acquired Splunk Inc. At the time, investors were happy because it was a good financial move. Cisco spent $28 billion and would get back about $4 billion a year in revenue that was accretive to profit margins. Splunk revenue is primarily subscription-based, ...

F5 Inc., the Seattle-based application delivery and security company, is expanding its portfolio with today’s acquisition of CalypsoAI Inc., a leader in enterprise artificial intelligence security. The acquired company was founded in 2018, showing it has been pioneers in the AI security market long before the latest hype cycle. The purchase price was announced at ...

Cloud communications provider RingCentral Inc. announced today announced it’s acquiring CommunityWFM, a workforce management provider. CommunityWFM will be integrated into RingCentral’s homegrown contact center solution, RingCX. No purchase price was given and CommunityWFM took in no funding, but its revenue is believed to be somewhere in the $5 million to $10 million range. WFM provider Verint Systems ...

Palo Alto Networks Inc. today added more capabilities to its fast-growing Prisma SASE (Secure Access Service Edge) platform by leveraging AI to create what the company calls “a blueprint for the AI-ready enterprise.” The Secure Access Service Edge service delivers protection against AI-powered threats, data security that adapts to how information flows, and unified operations capable ...

Inter is a large digital financial services corporation based in Brazil with its U.S. headquarters in Miami. It began operating in 1994 as Banco Inter, a traditional bank, and became Brazil’s first fully digital, cloud-based bank in 2015. Inter provides online banking and other financial services, ranging from investments to travel, shopping and rewards, to ...

Artificial intelligence is at the heart of almost every part of an organization’s strategy, and that includes information technology operations. However, many organizations aren’t seeing clear business results. In fact, a recent MIT Study found that 95% of generative AI projects are failing. One of the big reasons for failure is that AI is being ...

The implementation of artificial intelligence generates wide-ranging effects throughout all industrial sectors through its generative capabilities and large language models together with autonomous systems and scientific discovery applications, but true AI capabilities have been hard to achieve because the foundation of the infrastructure needs a complete redesign. AI computational engines have earned their rightful position ...

As generative artificial intelligence tools are becoming more prevalent in the workplace, employees are accessing these tools via personal accounts on company devices, pasting in sensitive data, and downloading content — all of which creates potential security risks. Meanwhile, cybercriminals are capitalizing on this trend by weaponizing AI and impersonating trusted tools. Menlo Security Inc. recently released ...

Nvidia Corp. recently held an industry analyst briefing on the topic of physical artificial intelligence, and Chief Executive Jensen Huang has been consistent in his talk track in every keynote he has done this year that physical AI is the next wave of AI. In fact, he has often stated that eventually anything that moves ...

Palo Alto Networks Inc. kicked off the annual Black Hat USA security conference in Las Vegas this week with today’s announcement of its Cortex Cloud Application Security Posture Management solution. The ASPM offering is designed to fix security issues before cloud and AI applications have been deployed. The traditional method of securing apps is a highly ...