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Emerging Tech

Tesla shares drop 6% on mixed results as price-cutting drives down automotive revenue

By Duncan Riley Jul 23, 2024

Shares in Tesla Inc. fell about 6% in late trading today after the electric car maker and energy company reported mixed quarterly results. For its second quarter that ended June 30, Tesla reported adjusted…

Cloud

Legal software startups Clio and Harvey raise nine-figure funding rounds

By Maria Deutscher Jul 23, 2024

Clio and Harvey, two fast-growing startups that sell software for legal professionals, have raised $1 billion in combined funding to expand their market presence. Clio disclosed this morning that it has closed a $900…

Cloud

Snowflake Data Cloud Summit unveils transformative potential for data-driven solutions

By Sead Fadilpasic Jul 23, 2024

The recent discussion at the Snowflake Data Cloud Summit highlighted the transformative potential of data-driven solutions, particularly for industries facing complex challenges. The pandemic disrupted traditional business models across various industries, prompting a reevaluation…

Big Data

Blue Yonder and Snowflake tackling supply chain challenges with AI and data cloud

By Brian Njuguna Jul 23, 2024

Since supply chains are accustomed to a siloed data environment, running them in a coordinated way is an uphill task, and this is why a data cloud for supply chain is needed. Through a…

Security

Wiz reportedly ends $23B acquisition talks with Google

By Maria Deutscher Jul 23, 2024

Wiz Inc. has reportedly ended discussions with Google LLC about an acquisition that could have valued the cybersecurity startup at $23 billion. The Wall Street Journal and CNBC reported the development today, citing an…

AI

Transforming data centers with AI-native networking: Keynote insights from the ‘Seize the AI Moment’ event

By Chad Wilson Jul 23, 2024

AI-native networking is revolutionizing the way data centers operate, driving significant advancements across a variety of sectors. The surge in artificial intelligence models and the extensive data required for training are pushing the boundaries…

AI

Meta introduces Llama 3.1, its biggest and best open-source AI model to date

By Kyt Dotson Jul 23, 2024

Meta Platforms Inc. today unveiled its largest-ever open-source artificial intelligence model to date, Llama 3.1 405B, that the company claims can rival even the most powerful closed models on the market, including those from…

AI

What to expect during the ‘Supermicro Open Storage Summit’ event series: Join theCUBE August 13 to 29, 2024

By Ryan Stevens Jul 23, 2024

Amid the artificial intelligence era, innovations in storage solutions are reshaping how businesses manage and utilize data. Interest in high-performance computing, media and entertainment, hyperconverged infrastructure, software-led solutions and AI has never been higher.…

Big Data

Mastering data governance: Insights from Fidelity Investments on scaling and emerging technologies

By Sead Fadilpasic Jul 23, 2024

The field of data and analytics is rapidly growing and evolving, requiring creativity, skill and a deep understanding of emerging technologies, particularly in data governance. Advanced strategies for scaling, data governance and the balance…

Emerging Tech

Electric autonomous tractor company Monarch Tractor raises $133M

By Kyt Dotson Jul 23, 2024

Monarch Tractor, the creator of a fully electric driver-optional smart tractor, announced Tuesday it has raised $133 million in fresh funding in the largest fundraiser by an agricultural robotics firm to date to build…

explore news

Tesla shares drop 6% on mixed results as price-cutting drives down automotive revenue

Legal software startups Clio and Harvey raise nine-figure funding rounds

Snowflake Data Cloud Summit unveils transformative potential for data-driven solutions

Blue Yonder and Snowflake tackling supply chain challenges with AI and data cloud

Transforming data centers with AI-native networking: Keynote insights from the ‘Seize the AI Moment’ event

Meta introduces Llama 3.1, its biggest and best open-source AI model to date

What to expect during the ‘Supermicro Open Storage Summit’ event series: Join theCUBE August 13 to 29, 2024

Mastering data governance: Insights from Fidelity Investments on scaling and emerging technologies

Electric autonomous tractor company Monarch Tractor raises $133M

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