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Cloud

HashiCorp reports earnings beat but issues weak outlook

By Duncan Riley Mar 5, 2024

Shares in Hashicorp Inc. declined slightly in late trading today after the cloud infrastructure automation company reported earnings and revenue beats in its fiscal 2024 fourth quarter but fell short on outlook for its…

Cloud

Accenture acquires Udacity and introduces new technology training service

By Maria Deutscher Mar 5, 2024

Professional services company Accenture plc today announced that it’s acquiring Udacity Inc., a venture-backed startup with a popular online learning platform. The deal’s financial terms were not disclosed. After the acquisition closes later this…

Security

CrowdStrike caps earnings surge and stock jumps 24%, as it buys Flow Security

By Duncan Riley Mar 5, 2024

Updated: Shares in CrowdStrike Holdings Inc. surged almost 24% in late trading today after the cybersecurity company reported beats in revenue, earnings and outlook and also announced that it has entered an agreement to acquire cloud…

Cloud

Ubicloud reels in $16M for its open-source cloud platform

By Maria Deutscher Mar 5, 2024

Ubicloud, a startup with an open-source cloud platform powered by bare-metal hardware, has raised $16 million in seed funding to support its growth efforts. TechCrunch reported today that the investment closed in January. It…

AI

Box AI integrates with Microsoft’s Azure OpenAI Service as it becomes generally available

By Mike Wheatley Mar 5, 2024

Cloud content management company Box Inc. is adding yet more artificial intelligence capabilities to its platform, integrating its Box AI offering Microsoft Corp.’s Azure OpenAI Service. Announced today, the integration will enable OpenAI’s most…

Apps

Meta recovering from outage that took Facebook, Instagram and Threads offline

By Maria Deutscher Mar 5, 2024

Meta Platforms Inc. experienced an outage this morning that made Facebook, Instagram and Threads inaccessible worldwide for about two hours. The first user reports of downtime started emerging around 10 a.m. EST. Meta confirmed…

AI

AI startup Haiper raises $13.8M and releases video creation foundation model

By Kyt Dotson Mar 5, 2024

Video-generative artificial intelligence startup Haiper said today it has raised $13.8 million in seed funding led by Octopus Ventures to help the company build its foundation model designed for animated visual content. Founded in late 2021,…

AI

Report: Chinese AI startup MiniMax raises $600M at $2.5B valuation led by Alibaba

By Kyt Dotson Mar 5, 2024

Chinese artificial intelligence startup MiniMax is raising at least $600 million in new funds with e-commerce giant Alibaba Group Holding Ltd. as a lead investor, according to a report from Bloomberg on Monday. According to sources…

AI

Four insights you might have missed from theCUBE’s coverage of MWC Barcelona 2024

By Mark Albertson Mar 5, 2024

MWC, the telco industry’s annual February gathering in Barcelona, has evolved into an event where the technology world’s leading trends are on full display. From the adoption of artificial intelligence throughout the infrastructure all…

Security

Sentra introduces LLM assistant for cloud data security and efficient incident response

By Duncan Riley Mar 5, 2024

Cloud security startup Sentra Inc. today announced a new large language model assistant for cloud data security that provides organizations with real-time security insights and recommendations. Called Sentra Jagger, the LLM enhances the functionality of Sentra’s core data…

the latest

CrowdStrike caps earnings surge and stock jumps 24%, as it buys Flow Security

Ubicloud reels in $16M for its open-source cloud platform

Box AI integrates with Microsoft’s Azure OpenAI Service as it becomes generally available

Meta recovering from outage that took Facebook, Instagram and Threads offline

AI startup Haiper raises $13.8M and releases video creation foundation model

Report: Chinese AI startup MiniMax raises $600M at $2.5B valuation led by Alibaba

Four insights you might have missed from theCUBE’s coverage of MWC Barcelona 2024

Sentra introduces LLM assistant for cloud data security and efficient incident response

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