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Emerging Tech

Xtend raises $40M to allow human commanders to guide autonomous AI drone missions

By Kyt Dotson May 8, 2024

Xtend, the developer of the artificial intelligence-driven operating system for drones and robots, today announced it has raised $40 million in a Series B funding round led by Chartered Group with participation from Clal-Tech.…

Big Data

StarTree broadly enhances Apache Pinot-based analytics platform

By Paul Gillin May 8, 2024

StarTree Inc., a startup commercializing the open-source Apache Pinot real-time data analytics platform, is adding new observability and anomaly detection capabilities to its managed service along with vector search functionality for Pinot. Apache Pinot…

Big Data

Investors show confidence in Confluent, as its stock gains on solid earnings beat and bullish guidance

By Mike Wheatley May 8, 2024

Shares of the data streaming software provider Confluent Inc. gained more than 4% in extended trading today after the company reported a strong first-quarter earnings and revenue beat. The company delivered earnings before certain costs…

Cloud

Kyndryl says return to profitability is ahead of schedule as it delivers strong earnings results

By Mike Wheatley May 8, 2024

Information technology infrastructure services company Kyndryl Holdings Inc. said today it has traveled further than anticipated on its road to profitability, and it has the numbers to back up those claims. In its fiscal…

Infra

Arista tops forecasts, highlighting role of high-speed networking for AI applications

By Mike Wheatley May 8, 2024

Shares of the cloud networking company Arista Networks Inc. trended higher in late trading today, after it reported a trifecta of positive news: beating expectations on Wall Street’s earnings and revenue targets, delivering a better-than-expected…

AI

Red Hat outlines a vision for evolving AI models with open-source communities

By Mark Albertson May 7, 2024

Red Hat Inc. today presented its view of generative artificial intelligence, outlining a belief that the currently red-hot technology’s future will depend on open-source software and its ability to enable a community of users…

AI

OpenAI announces its new tool that can detect deepfake images

By James Farrell May 7, 2024

As fears mount over the proliferation of deepfake images that could influence this year’s many elections, OpenAI today announced the creation of a new tool to detect if an image was made with its…

Security

Alleged LockBit admin and lead developer named and targeted by US, UK and Australian authorities

By Duncan Riley May 7, 2024

Authorities in the U.K., U.S., and Australia today revealed new sanctions against the infamous Russian hacking gang LockBit and named a Russian man believed to be the group’s administration and lead developer. The man…

Security

Palo Alto Networks unveils new AI-powered security solutions to tackle advanced threats

By Duncan Riley May 7, 2024

Palo Alto Networks Inc. today announced a suite of new security solutions powered by its Precision AI technology that are designed to protect enterprises against artificial intelligence-generated threats and to secure AI by design. The…

Security

Akamai to acquire Noname Security for $450M to enhance API security offerings

By Duncan Riley May 7, 2024

Content delivery network and cloud services provider Akamai Technologies Inc. announced today that it will acquire Israeli enterprise application programming security startup Noname Security for about $450 million. Reports that a deal was in the works between the two…

all stories

Xtend raises $40M to allow human commanders to guide autonomous AI drone missions

StarTree broadly enhances Apache Pinot-based analytics platform

Investors show confidence in Confluent, as its stock gains on solid earnings beat and bullish guidance

Kyndryl says return to profitability is ahead of schedule as it delivers strong earnings results

Arista tops forecasts, highlighting role of high-speed networking for AI applications

Red Hat outlines a vision for evolving AI models with open-source communities

OpenAI announces its new tool that can detect deepfake images

Alleged LockBit admin and lead developer named and targeted by US, UK and Australian authorities

Palo Alto Networks unveils new AI-powered security solutions to tackle advanced threats

Akamai to acquire Noname Security for $450M to enhance API security offerings

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