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AI

AI cloud compute startup Lambda raises $320M at $1.5B valuation

By Kyt Dotson Feb 15, 2024

Lambda Inc., a startup that operates an on-demand public cloud for training and deploying artificial intelligence models, today announced it has raised $320 million in a new funding round increasing the company’s valuation to $1.5 billion.…

AI

Kong targets democratization of multi-LLM usage through open-source AI Gateway

By Victor Dabrinze Feb 15, 2024

From consumer products to industrial and enterprise use cases, artificial intelligence is asserting itself as the next technology frontier and innovation area. In the same vein, Kong Inc. has made a significant stride by open-sourcing…

AI

Google announces Gemini 1.5 for developers to experiment on

By Kyt Dotson Feb 15, 2024

Google LLC today announced the next generation of its artificial intelligence foundational model Gemini with version 1.5, which the company said changes almost every part of its development and infrastructure to make it more efficient to…

Security

BigID introduces enhanced access governance capabilities for improved data security

By Duncan Riley Feb 15, 2024

Data protection firm BigID Inc. today announced new access governance capabilities that allow organizations to improve security posture, mitigate insider risk, achieve zero-trust security and accelerate artificial intelligence compliance. With a focus on remediating overexposed sensitive…

AI

Nvidia unveils first look at Eos, its latest data center-scale supercomputer

By Kyt Dotson Feb 15, 2024

Nvidia Corp. today provided the first public look at the architecture powering Eos, the company’s latest data center-scale supercomputer designed for accelerating artificial intelligence development, described as an “AI factory.” Revealed in November during the Supercomputing…

Security

Full-stack authorization startup Permit.io raises $8M to scale up its platform

By Duncan Riley Feb 15, 2024

Full-stack authorization-as-a-service startup Permit.io today announced that it has raised $8 million in new funding to scale up its platform and build its sales presence in the U.S. Founded in 2021 as Permit Inc., the company…

Security

Google’s latest startup growth academy aims to boost AI in cybersecurity

By Duncan Riley Feb 15, 2024

Google LLC today announced its second growth academy for cybersecurity startups, with this year’s program taking in 17 promising startups across Europe and the U.S. that are using artificial intelligence technology to innovate in…

Infra

Unpacking Cisco’s mixed quarter

By Zeus Kerravala Feb 15, 2024

Cisco Systems Inc.‘s fiscal second-quarter earnings report today was certainly a mix of good and bad. The networking giant put up a solid quarter, with earnings per share of 87 cents, slightly ahead of…

Cloud

Shares of JFrog jump on solid earnings beat, accelerated revenue growth and bullish outlook

By Mike Wheatley Feb 14, 2024

Software supply chain tooling company JFrog Ltd. delivered a convincing earnings beat on the back of impressive revenue growth, and followed up with strong guidance for the current quarter, sending its stock way higher…

Big Data

Strong earnings, positive guidance sends Informatica’s stock sky-high in extended trading

By Mike Wheatley Feb 14, 2024

Shares of the enterprise data management firm Informatica LLC made big gains in extended trading today after it reported strong fourth-quarter results and provided positive guidance for the current quarter and full year. The…

all stories

AI cloud compute startup Lambda raises $320M at $1.5B valuation

Kong targets democratization of multi-LLM usage through open-source AI Gateway

Google announces Gemini 1.5 for developers to experiment on

BigID introduces enhanced access governance capabilities for improved data security

Nvidia unveils first look at Eos, its latest data center-scale supercomputer

Full-stack authorization startup Permit.io raises $8M to scale up its platform

Google’s latest startup growth academy aims to boost AI in cybersecurity

Unpacking Cisco’s mixed quarter

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