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Cloud

DigitalOcean cruises to another easy earnings beat

By Mike Wheatley Aug 8, 2024

Shares of the developer-oriented cloud infrastructure provider DigitalOcean Holdings Inc. made strong gains during the regular trading session today, and continued to rise after-hours after delivering some solid second-quarter financial results. The company reported…

Cloud

Datadog reports strong second quarter with earnings and revenue beats

By Duncan Riley Aug 8, 2024

Shares in Datadog Inc. closed regular trading up almost 6% today after the application monitoring and security platform provider impressed investors with earnings and revenue beats in its fiscal second quarter. For the quarter ended…

Security

CyberArk tops earnings estimates, revises outlook as subscription revenue surges

By Duncan Riley Aug 8, 2024

Shares in CyberArk Software Ltd. closed regular trading up more than 8% today after the information security company topped estimates in its second quarter and revised its outlook for the year ahead. For the…

AI

Hugging Face acquires XetHub to enhance its AI storage infrastructure

By Maria Deutscher Aug 8, 2024

Hugging Face Inc. has acquired XetHub, a startup that helps developers manage the files they create as part of artificial intelligence projects. The companies disclosed the deal today. Hugging Face describes the acquisition as…

Cloud

Billion-dollar revenue run rate, AI and an acquisition highlight Five9’s latest quarter despite weak forecast

By Zeus Kerravala Aug 8, 2024

Contact-center-as-a-service provider Five9 Inc. broke the billion-dollar revenue run rate mark today as it posted second-quarter sales of $252.1 million, up 13% from a year ago and surpassing analysts’ expectations. Even more promising as…

Emerging Tech

Defense technology startup Anduril valued at $14B following $1.5B investment

By Maria Deutscher Aug 8, 2024

Defense technology startup Anduril Industries Inc. today announced that it has raised $1.5 billion in funding to upgrade its manufacturing infrastructure. The investment was co-led by Founders Fund and Sands Capital. Fidelity Investments, Baillie…

Security

Defense leads in race to secure AI, but threats to models and data could soon change that

By Mark Albertson Aug 8, 2024

The good news in the cybersecurity world is that wider deployment of artificial intelligence has not yet opened a massive security hole in the world’s computer systems. The bad news: Flaws and vulnerabilities are…

AI

The role of metadata management tools in the evolution of open data formats

By Ryan Stevens Aug 8, 2024

There’s an ongoing changing source of truth amid the data platform shift. It’s a rapidly evolving situation, as companies must consider open table formats and metadata management tools. The open table format landscape includes…

AI

Box acquires AI-powered document processor Alphamoon

By Kyt Dotson Aug 8, 2024

Cloud content management company Box Inc. today announced the acquisition of the artificial intelligence-powered document processing firm Alphamoon in a move aimed at bolstering the company’s AI strategy. Box did not disclose the terms…

AI

UK antitrust regulator launches probe into Amazon’s Anthropic partnership

By Maria Deutscher Aug 8, 2024

The U.K.’s antitrust regulator has launched a probe into Amazon.com Inc.’s partnership with large language model developer Anthropic PBC. The Competition and Markets Authority, or CMA, disclosed the move today. The development is not…

all stories

Datadog reports strong second quarter with earnings and revenue beats

CyberArk tops earnings estimates, revises outlook as subscription revenue surges

Hugging Face acquires XetHub to enhance its AI storage infrastructure

Billion-dollar revenue run rate, AI and an acquisition highlight Five9’s latest quarter despite weak forecast

Defense technology startup Anduril valued at $14B following $1.5B investment

Defense leads in race to secure AI, but threats to models and data could soon change that

Box acquires AI-powered document processor Alphamoon

UK antitrust regulator launches probe into Amazon’s Anthropic partnership

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