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November venture capital: early stage investments decline, late stage rises

By Duncan Riley Dec 5, 2023

A new report released today by Crunchbase Inc. has revealed mixed results in the global venture capital marketplace in November, with funding down from October 2023 and November last year. In November, $19.2 billion…

AI

IBM, Meta and others team up with academia and advocacy groups on open AI development initiative

By Mike Wheatley Dec 5, 2023

Technology giants that include IBM Corp. and its Red Hat subsidiary, Meta Platforms Inc., Intel Corp., Advanced Micro Devices Inc. and ServiceNow Inc. said today they’re joining forces with more than 40 other organizations…

AI

It’s a wrap: Key findings from AWS re:Invent 2023

By Sanjeev Mohan Dec 4, 2023

Yet another AWS re:Invent has come and gone and made an indelible mark in the technology sector. There were so many fresh developments that the keynotes barely scratched the surface. In this blog, I…

Cloud

GitLab beats expectations, delivers first-ever profit, and its stock jumps

By Mike Wheatley Dec 4, 2023

Shares of the developer tooling company GitLab Inc. shot up in extended trading today after it posted third-quarter earnings and revenue that beat expectations and offered strong guidance for the current period. The company reported…

AI

From IT facilitator to 5G virtualization player: Unpacking the future of telecom with AWS

By Victor Dabrinze Dec 4, 2023

Artificial intelligence is blending across industries and changing how companies reach customers, manage operations and deliver value. One of those industries, telecom, has navigated a whirlwind of breakneck innovation, encapsulated by the rollout of…

Security

23andMe SEC filing unveils extent of October data breach impacting genetic information

By Duncan Riley Dec 4, 2023

Two months after hackers offered stolen DNA profiles for sale on the infamous hacking site BreachForums, genetic testing company 23andMe Holding Co. has finally provided details of the hack via a regulatory filing. In…

AI

Microsoft and HPE unite to integrate AI into cloud solutions

By Sead Fadilpasic Dec 4, 2023

Microsoft Corp. and Hewlett Packard Enterprise Co. have partnered to combine their expertise in on-premises and public cloud to create a hybrid solution. The partnership between HPE and Microsoft benefits organizations by saving money…

AI

Navigating the AI hype cycle: The role of data in achieving AI supremacy

By Brian Njuguna Dec 4, 2023

In the rapidly evolving world of artificial intelligence technology, possessing high-quality data isn’t just beneficial — it’s the key to unlocking prosperity. AI, with its ever-improving capabilities, is poised to revolutionize the way we…

Security

Application security startup ArmorCode raises $40M to help companies ship secure software

By Duncan Riley Dec 4, 2023

Application security operations startup ArmorCode Inc. announced today that it has closed a $40 million Series B round to advance its mission of helping companies ship secure software fast and at large scale. Founded in 2020, ArmorCode…

AI

AssemblyAI raises $50M for its cloud-based AI speech models

By Maria Deutscher Dec 4, 2023

AssemblyAI Inc., a startup that develops artificial intelligence models optimized to process audio files, has secured $50 million in late-stage funding to support its growth efforts. The company announced the Series C investment today.…

the latest

November venture capital: early stage investments decline, late stage rises

IBM, Meta and others team up with academia and advocacy groups on open AI development initiative

It’s a wrap: Key findings from AWS re:Invent 2023

GitLab beats expectations, delivers first-ever profit, and its stock jumps

23andMe SEC filing unveils extent of October data breach impacting genetic information

Application security startup ArmorCode raises $40M to help companies ship secure software

AssemblyAI raises $50M for its cloud-based AI speech models

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