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AI

Meta’s new Code Llama large language model optimized for programming tasks

By Maria Deutscher Aug 24, 2023

Meta Platforms Inc. today introduced Code Llama, an open-source large language model that can automatically generate code snippets and explain how they work. The model is free for commercial use. Code Llama is based…

Apps

Investors place increased emphasis on product readiness and financials in pre-seed funding

By Duncan Riley Aug 24, 2023

A new report from DocSend Inc., a Dropbox Inc. company, released today detailed new data pointing to a heightened risk aversion in pre-seed investing, with venture capital investors shifting priorities to long-term profitability over rapid growth. The…

Cloud

Salesforce boosts field service support features

By Paul Gillin Aug 24, 2023

Salesforce Inc. today is extending the features of its Service Cloud to better support field service workers like technicians, skilled tradespeople and service and repair technicians. The artificial intelligence-powered features enable companies to implement…

Infra

NetApp beats expectations despite overall revenue slowdown but stock sags

By Mike Wheatley Aug 23, 2023

Data storage giant NetApp Inc. beat expectations as it delivered its first-quarter financial results today. However, its revenue was down overall and although the company maintained its full-year profit outlook, it noted that it…

Big Data

Snowflake beats expectations and maintains full-year guidance, sending its stock higher

By Mike Wheatley Aug 23, 2023

Shares of the cloud data warehouse firm Snowflake Inc. moved higher in extended trading today after the company beat expectations for its second-quarter earnings and kept its full-year revenue forecast steady. On the other…

AI

Microsoft reportedly looking at adding AI to built-in Windows 11 apps

By Duncan Riley Aug 23, 2023

Microsoft Corp. is reportedly expanding its efforts to integrate artificial intelligence into Windows 11 and is looking at adding AI features to built-in Windows apps such as Photos, Snipping Tool and Paint. Windows Central, citing…

Infra

Nvidia’s stock climbs to record high as AI boom ignites rapid revenue growth

By Mike Wheatley Aug 23, 2023

Shares of Nvidia Corp. rose more than 6% in extended trading to close at their highest ever value, as the company smashed Wall Street’s targets in its second-quarter financial results and offered strong guidance.…

Cloud

Autodesk surprises analysts and investors with better-than-expected earnings

By Duncan Riley Aug 23, 2023

Computer-aided design software company Autodesk Inc. surprised analysts and investors alike today by delivering better-than-expected earnings and revenue in its fiscal second quarter. For the quarter that ended July 30, Autodesk reported adjusted earnings…

Big Data

Splunk shares surge on strong earnings, revenue and outlook beats

By Duncan Riley Aug 23, 2023

Shares in Splunk Inc. surged over 10% in late trading today after the big-data company delivered strong beats on earnings, revenue and outlook in its latest quarterly earnings report. For the quarter that ended…

AI

At VMware Explore, experts debate questions around AI bias and the future of data privacy

By Mark Albertson Aug 23, 2023

At the VMware Explore conference in Las Vegas on Tuesday, the focus was on what artificial intelligence can do. Today, the company turned its attention to what AI should do. Interest in the ethics…

the latest

Meta’s new Code Llama large language model optimized for programming tasks

Investors place increased emphasis on product readiness and financials in pre-seed funding

Salesforce boosts field service support features

Snowflake beats expectations and maintains full-year guidance, sending its stock higher

Microsoft reportedly looking at adding AI to built-in Windows 11 apps

Nvidia’s stock climbs to record high as AI boom ignites rapid revenue growth

Autodesk surprises analysts and investors with better-than-expected earnings

Splunk shares surge on strong earnings, revenue and outlook beats

At VMware Explore, experts debate questions around AI bias and the future of data privacy

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