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AI

Jared Leto joins Index Ventures in $60M round for generative AI video startup Captions

By Duncan Riley Jul 9, 2024

Generative artificial intelligence video startup Captions LLC announced today that it has raised $60 million in new funding on a valuation of $500 million to advance its research of generative video technology. The round…

Security

Justice Department seizes domains linked to Russian disinformation campaign

By Duncan Riley Jul 9, 2024

The U.S. Department of Justice announced today that it has seized two domains allegedly key to a disinformation campaign by Russia’s RT news network which were used to spread disinformation via X Corp. The…

Security

Command Zero launches with $21M to speed up breach investigations

By Maria Deutscher Jul 9, 2024

Startup Command Zero Inc. launched today with $21 million in funding and a platform designed to help companies investigate data breaches faster. Andreessen Horowitz led the investment. According to Command Zero, the venture capital…

AI

Private Cloud AI, sustainability and other highlights from HPE Discover 2024

By Victor Dabrinze Jul 9, 2024

Artificial intelligence is the name of today’s enterprise game. At the recent HPE Discover event, there was a more conscientious approach to AI innovation, balancing improvements in sustainability and ethics alongside technical novelties such…

AI

UiPath lays off 10% of workforce in push for increased efficiency

By Maria Deutscher Jul 9, 2024

UiPath Inc. today disclosed plans to lay off 10% of its workforce, or about 420 employees, in a bid to increase operational efficiency. The restructuring comes two years after the company’s previous round of…

AI

Building the modern application platform: Industry veteran Bob Muglia forecasts rise of the knowledge graph

By Mark Albertson Jul 9, 2024

Bob Muglia has a keen eye for technologies in the modern data stack. After growing Microsoft Corp.’s Enterprise Division into a $14 billion business more than a decade ago, he positioned Snowflake Inc. for…

Cloud

AWS announces wider release of next-generation Graviton4 custom chips for high-performance cloud workloads

By Kyt Dotson Jul 9, 2024

Amazon Web Services Inc. today announced that it’s rolling out the fourth generation of its most energy-efficient high-performance custom chip for cloud workloads with the Graviton4. The Graviton family of Arm-based processors is used…

AI

Salesforce pioneers application platform that unlocks generative AI and actions

By Victoria Gayton Jul 9, 2024

While many organizations are still building out their data platforms, Salesforce Inc. has taken a monumental stride forward. By seamlessly incorporating metadata integration, the company has transformed the modern data stack into a comprehensive…

Cloud

Investor consortium acquires majority stake in Nasuni at $1.2B valuation

By Maria Deutscher Jul 9, 2024

An investor group led by Vista Equity Partners is buying a majority stake in Nasuni Corp., a venture-backed provider of data storage software. The company announced the deal this morning. It detailed that Vista…

AI

Samsung and Red Hat join forces for advanced enterprise memory and computing

By Victor Dabrinze Jul 9, 2024

With steady advances in technologies such as artificial intelligence, the Internet of Things and quantum computing, the innovation boundaries in memory protocol and computing are continually pushed forward. Red Hat Inc.’s alliance with Samsung…

all stories

Jared Leto joins Index Ventures in $60M round for generative AI video startup Captions

Justice Department seizes domains linked to Russian disinformation campaign

Command Zero launches with $21M to speed up breach investigations

Private Cloud AI, sustainability and other highlights from HPE Discover 2024

UiPath lays off 10% of workforce in push for increased efficiency

Building the modern application platform: Industry veteran Bob Muglia forecasts rise of the knowledge graph

Salesforce pioneers application platform that unlocks generative AI and actions

Investor consortium acquires majority stake in Nasuni at $1.2B valuation

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