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Infra

Serverless AI infrastructure startup Modal Labs seals $355M funding round

By Mike Wheatley May 21, 2026

Artificial intelligence startups are facing two massive headaches: There’s too much AI-generated code to deal with, and not nearly enough computing power to run it all on. Modal Labs Inc., which has just raised…

Security

Zscaler acquires Symmetry Systems to extend its AI agent security capabilities

By Maria Deutscher May 21, 2026

Zscaler Inc. is acquiring Symmetry Systems Inc., a venture-backed startup that helps companies monitor their data assets. The companies announced the acquisition today without disclosing the financial terms. Nasdaq-listed Zscaler sells cybersecurity tools that…

AI

New Anthropic-, Blackstone-backed AI services firm acquires Fractional AI

By Duncan Riley May 21, 2026

The recently announced artificial intelligence-native enterprise services firm backed by Anthropic PBC, Blackstone Inc. and Hellman & Friedman LLC has acquired Fractional AI Inc., a San Francisco-based applied AI services company that will form…

Cloud

Strong demand for agentic AI offerings helps Workday beat expectations and boost its stock

By Mike Wheatley May 21, 2026

Shares of the financial services and human resources software company Workday Inc. rose more than 10% in late trading after it reported first-quarter earnings and revenue that came in higher than expected, and also…

Emerging Tech

Smart ring maker Oura files confidentially for US initial public offering

By Duncan Riley May 21, 2026

Finnish smart ring maker Oura Health Oy disclosed today that it has filed confidential paperwork with the U.S. Securities and Exchange Commission for an initial public offering. Share count and pricing were not disclosed.…

Cloud

Zoom raises outlook and authorizes $1B in buybacks after first-quarter beat

By Duncan Riley May 21, 2026

Shares in Zoom Communications Inc. jumped more than 7% in late trading today after the video communications company comfortably beat first-quarter earnings and revenue expectations, lifted its full-year outlook and authorized $1 billion more…

Emerging Tech

US issues $2B+ in grants to IBM, others for quantum computing initiatives, stocks soar

By Maria Deutscher May 21, 2026

The U.S. Commerce Department will issue $2.013 billion in grants to IBM Corp., GlobalFoundries Inc. and seven other tech firms to finance quantum computing initiatives. The Wall Street Journal reported today that the U.S.…

Security

Three insights you may have missed from theCUBE’s coverage of the DigiCert Trust Summit

By Cheryl Knight May 21, 2026

AI is turning digital trust from a security function into an operating model. That shift is putting new pressure on the systems enterprises have long used to verify identity, protect data and keep digital…

AI

Five takeaways from Nvidia’s earnings, and what they mean for the AI industry

By Zeus Kerravala May 21, 2026

Nvidia Corp.‘s latest results are remarkable even by its own high bar. Revenue set new records, driven by a 90%-plus surge in data center demand and what management described as “parabolic” demand as Blackwell systems…

AI

IBM positions itself as an ecosystem conductor as sovereign AI pressures mount

By Jonathan Anthony May 21, 2026

Partner ecosystems and hybrid AI orchestration have become essential for enterprises navigating agentic AI at scale, where governance, data sovereignty and coordination determine success in a regulated and geopolitically complex environment. IBM Corp. has…

explore news

Zscaler acquires Symmetry Systems to extend its AI agent security capabilities

New Anthropic-, Blackstone-backed AI services firm acquires Fractional AI

Strong demand for agentic AI offerings helps Workday beat expectations and boost its stock

Smart ring maker Oura files confidentially for US initial public offering

US issues $2B+ in grants to IBM, others for quantum computing initiatives, stocks soar

Three insights you may have missed from theCUBE’s coverage of the DigiCert Trust Summit

Five takeaways from Nvidia’s earnings, and what they mean for the AI industry

IBM positions itself as an ecosystem conductor as sovereign AI pressures mount

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