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Infra

Pure Storage adds AI features to improve performance and detect attacks

By Paul Gillin Jun 19, 2024

Pure Storage Inc. is playing its artificial intelligence hand this week with a clutch of announcements aimed at simplifying AI training and inferencing as well as applying machine learning to help customers better unravel…

Big Data

Finbourne raises £55M to break down financial data silos with AI

By Mike Wheatley Jun 18, 2024

U.K.-based financial data management startup Finbourne Technology Ltd. said today it has closed on a £55 million ($70 million) middle-stage funding round to help make life easier for investment managers and financial institutions by…

Policy

Amazon’s first labor union partners with the Teamsters

By James Farrell Jun 18, 2024

Members of the Amazon Labor Union, the one and only unionized Amazon warehouse, have voted to join forces with the International Brotherhood of Teamsters. Workers at Amazon.com Inc.’s JFK8 fulfillment center in Staten Island…

AI

Decagon raises $35M to transform customer service with more ‘humanlike’ AI agents

By Mike Wheatley Jun 18, 2024

Generative artificial intelligence chatbot startup Decagon AI Inc. is aiming up upend the nascent AI-powered customer support industry after closing on a $35 million early-stage funding round. Announced today, the Series A round was…

Big Data

Three insights you might have missed from theCUBE’s coverage of Data + AI Summit

By Devony Hof Jun 18, 2024

The competition in the data industry is intensifying as Databricks Inc. vies for dominance. The company has thrown down the gauntlet by open-sourcing its Unity Catalog. Data giants Databricks and Snowflake Inc. hosted events within…

Security

Hackers demand $50M ransom payment from UK lab provider following hospital disruption

By Duncan Riley Jun 18, 2024

A Russian hacking group is reportedly demanding a $50 million ransom payment from a U.K. lab services provider following a ransomware attack earlier this month that disrupted hospitals in London. The hacking group, known…

AI

Nvidia surpasses Microsoft to become the world’s most valuable company

By Mike Wheatley Jun 18, 2024

Red-hot artificial intelligence chipmaker Nvidia Corp. has finally achieved what many thought was only a matter of time, surpassing Microsoft Corp. to become the most valuable publicly traded company in the world. The value…

Security

AMD investigates alleged data theft as stolen data appears for sale on BreachForums

By Duncan Riley Jun 18, 2024

Advanced Micro Devices Inc. is reportedly investigating a claim that data from the company has been stolen in an apparent hack. First spotted today by HackManac on X Inc., the claim that AMD has…

Emerging Tech

Waabi secures $200M for AI-powered autonomous trucks, targets 2025 launch

By Duncan Riley Jun 18, 2024

Canadian autonomous truck startup Waabi Innovation Inc. announced today that it has raised $200 million in new funding to support its development and deployment of fully driverless, generative artificial intelligence-powered autonomous trucks in 2025.…

AI

Genspark reels in $60M for its AI-powered search engine

By Maria Deutscher Jun 18, 2024

Genspark, the developer of a new search engine powered by large language models, today disclosed that it has raised $60 million in funding. Singapore-based investment firm Lanchi Ventures led the seed round. Reuters reported…

the latest

Pure Storage adds AI features to improve performance and detect attacks

Finbourne raises £55M to break down financial data silos with AI

Amazon’s first labor union partners with the Teamsters

Decagon raises $35M to transform customer service with more ‘humanlike’ AI agents

Three insights you might have missed from theCUBE’s coverage of Data + AI Summit

Hackers demand $50M ransom payment from UK lab provider following hospital disruption

Nvidia surpasses Microsoft to become the world’s most valuable company

AMD investigates alleged data theft as stolen data appears for sale on BreachForums

Waabi secures $200M for AI-powered autonomous trucks, targets 2025 launch

Genspark reels in $60M for its AI-powered search engine

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