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Cloud

Big cloud AI deals with Google and OpenAI send Oracle’s stock higher, despite earnings miss

By Mike Wheatley Jun 11, 2024

Oracle Corp. posted fiscal fourth-quarter earnings and revenue that came in below analyst’s forecasts, but its stock price soared in extended trading after it announced key deals with Google LLC and OpenAI that will…

Security

Rubrik delivers earnings beat in first post-IPO quarterly results

By Duncan Riley Jun 11, 2024

Shares in Rubrik Inc. rose more than 2% in late trading today after the data security software provider reported earnings and revenue beats in its first quarterly financial report since going public in April.…

AI

AI accessibility in focus: Red Hat’s strategy to democratize artificial intelligence

By Alice Gillin Jun 11, 2024

As artificial intelligence continues to gain prominence, a pressing question emerges: how can AI be made more user-friendly and accessible? Red Hat Inc. is at the forefront of addressing this challenge, striving to enhance…

AI

Contact center automation startup Cognigy closes $100M funding round

By Maria Deutscher Jun 11, 2024

Cognigy GmbH, the developer of an artificial intelligence platform designed to make contact centers more efficient, today announced that it has closed a $100 million funding round. Eurazeo Growth led the Series C investment.…

AI

Dell simplifies on-prem OpenShift operations using Apex Cloud

By Victor Dabrinze Jun 11, 2024

In coping with the barrage of tools companies rely on, simplification has become the contemporary operating ideology. The modern-day focus is making complex technologies more accessible and manageable for enterprises. In that vein, Dell…

Cloud

Unlocking limitless possibilities: Exploring the power of AWS Marketplace as a one-stop software shop

By Brian Njuguna Jun 11, 2024

As Amazon Web Services Inc. continues to offer cost-effective and scalable cloud computing solutions, the AWS Marketplace is being sought after because it consolidates, simplifies and streamlines invoicing and procurement. Through a hand-holding process,…

Security

Neo4j enhances fraud protection through knowledge graph databases

By Devony Hof Jun 11, 2024

Artificial intelligence is a double-sided coin for security, proving a boon to both attackers and protectors, but Neo4j Inc. is continuing to to harness AI when protecting financial service organizations from fraud. The company…

AI

Guardian Life’s digital leap: AI Factory and the power of cloud integration

By Brian Njuguna Jun 11, 2024

The financial services industry is undergoing a significant transformation driven by the integration of cloud computing and generative artificial intelligence. These technologies are reshaping traditional sectors such as insurance by enhancing operational efficiency, enabling…

Security

Cyberhaven reels in $88M for its data security platform

By Maria Deutscher Jun 11, 2024

Startup Cyberhaven Inc. has raised $88 million to widen the adoption of its namesake cybersecurity platform, which helps companies detect and block misuse of their business data. The round, a Series C investment, was…

Big Data

Informatica aims to reinvent data management pipeline for AI

By Devony Hof Jun 11, 2024

As companies invest in artificial intelligence and machine learning, Informatica Inc. is sounding the call for modernized data management. The saying, “garbage in, garbage out,” has become an apt expression for AI, which is…

the latest

Rubrik delivers earnings beat in first post-IPO quarterly results

Contact center automation startup Cognigy closes $100M funding round

Neo4j enhances fraud protection through knowledge graph databases

Guardian Life’s digital leap: AI Factory and the power of cloud integration

Cyberhaven reels in $88M for its data security platform

Informatica aims to reinvent data management pipeline for AI

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