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AI

Elon Musk’s xAI, maker of controversial chatbot Grok, seeks to raise $1B

By Duncan Riley Dec 5, 2023

A month after unveiling Grok, its first generative artificial intelligence chatbot, Elon Musk’s AI startup xAI Corp. is now seeking to raise $1 billion from investors. The disclosure came in a filing today with the…

Cloud

Asana’s financial wins dimmed by warnings of economic challenges ahead

By Duncan Riley Dec 5, 2023

Shares in Asana Inc. plunged by over 12% in late trading today after the work management software company warned of a challenging macroeconomic environment for the second straight quarter, despite reporting beats in earnings and revenue…

Security

Analysis: Cisco brings AI capabilities to its revamped security portfolio

By Zeus Kerravala Dec 5, 2023

Cisco Systems Inc. is holding the Asia-Pacific, Japan and China version of Cisco Live this week in Melbourne, Australia, where the highlight was the security news, as the company gave its cyber portfolio a shot…

Big Data

MongoDB crushes Wall Street’s targets, but its stock falls after-hours

By Mike Wheatley Dec 5, 2023

Shares of the database company MongoDB Inc. slid in after-hours trading today, even though the company crushed Wall Street’s forecasts on earnings and revenue and offered strong guidance in its latest financial report. In…

Security

Cisco unveils AI assistant for enhanced cybersecurity in Security Cloud platform

By Duncan Riley Dec 5, 2023

Cisco Systems Inc. today announced a new artificial intelligence assistant designed to enhance cybersecurity measures by providing advanced data analysis, policy recommendation and automated task management. Called the Cisco AI Assistant for Security, the…

Security

SentinelOne shares surge on strong quarterly results and upbeat forecast

By Duncan Riley Dec 5, 2023

Shares in SentinelOne Inc. jumped more than 17% in after-hours trading today after the cybersecurity company delivered beats in earnings and revenue in its fiscal third quarter and forecast a better-than-expected outlook for its…

Cloud

Fiscal challenges for Box as earnings, revenue and outlook fall short of projections

By Duncan Riley Dec 5, 2023

Shares in Box Inc. dropped over 10% in late trading today after the file-sharing company missed on earnings and revenue in its fiscal third quarter and issued a lower outlook than expected. For the…

Cloud

AI-powered data security: Ensuring data resilience in a regulated world

By Sead Fadilpasic Dec 5, 2023

Veeam Software Group GmbH and Hewlett Packard Enterprise Co. are partnering to provide a joint solution to help organizations safeguard data from security threats and keep businesses running. Organizations have diverse IT environments and…

Apps

Micron debuts speedy workstation SSD based on 232-layer NAND flash technology

By Maria Deutscher Dec 5, 2023

Micron Technology Inc. today debuted a new solid-state drive for workstations and high-end personal computers, the Micron 3500, that features its latest 232-layer flash architecture. The company claims the device sets two industry records. The…

Cloud

Becoming hybrid by design: The path to seamless cloud operations

By Sead Fadilpasic Dec 5, 2023

The migration of workloads to cloud-based services has the potential to transform an organization’s IT environment by leveraging the scalability and flexibility of the cloud while also transitioning from capital expenditure to operational expenditure.…

explore news

Elon Musk’s xAI, maker of controversial chatbot Grok, seeks to raise $1B

Asana’s financial wins dimmed by warnings of economic challenges ahead

Analysis: Cisco brings AI capabilities to its revamped security portfolio

Cisco unveils AI assistant for enhanced cybersecurity in Security Cloud platform

SentinelOne shares surge on strong quarterly results and upbeat forecast

Micron debuts speedy workstation SSD based on 232-layer NAND flash technology

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