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AI

VMware enhances enterprise AI management by balancing GPU scarcity with cost savings

By Victor Dabrinze Aug 25, 2023

Cloud spend is a board-level enterprise concern, as companies assess the net benefits they’re enjoying against the expenditure invested. With artificial intelligence joining the mix — and considering its resource-intensive nature — the severity…

Cloud

Analysts see cloud strategy and Broadcom acquisition as key highlights from VMware Explore

By Mark Albertson Aug 25, 2023

The kickoff of VMware Inc.’s annual Explore gathering in Las Vegas this week was accompanied by the news that the planned $69 billion acquisition of the company by Broadcom Inc. had received approval by…

Blockchain

US Treasury unveils new proposed cryptocurrency tax guidelines for brokers

By Kyt Dotson Aug 25, 2023

The U.S. Treasury Department released proposed regulations today that will address how cryptocurrency sales take place, part of growing efforts to regulate the trade of digital assets. The Treasury Department’s new rules will define…

Cloud

Multicloud and generative AI announcements signal new chapter in VMware’s evolution

By Mark Albertson Aug 25, 2023

The focus of VMware Inc. at its annual Explore conference in Las Vegas this week was on two central areas: generative artificial intelligence and multicloud. The company made several significant announcements in both during…

AI

Walmart teams up with Alphabet’s Wing for drone deliveries in Dallas

By James Farrell Aug 24, 2023

Residents of the Dallas-Fort Worth area of Texas might soon be getting their groceries delivered by drone after Walmart Inc. today announced that it will partner with Alphabet Inc.’s drone delivery unit Wing. Alphabet,…

Security

Hosting provider CloudNordic loses customer data in ransomware attack

By Duncan Riley Aug 24, 2023

Danish cloud hosting provider CloudNordic ApS has been struck by a ransomware attack that resulted in most customer data being lost and its systems rendered unusable. According to a statement on the company’s website,…

Security

Malwarebytes acquires online privacy solutions provider Cyrus

By Duncan Riley Aug 24, 2023

Cybersecurity software firm Malwarebytes Inc. today announced that it has acquired online privacy solutions provider Cyrus Labs Inc. for an undisclosed price. Founded in 2020, Cyrus offers a platform designed to shield individuals and businesses from…

Infra

Shares in semiconductor maker Marvell drop despite solid quarterly results

By Duncan Riley Aug 24, 2023

Shares in Marvell Technology Inc. fell in late trading today despite the semiconductor maker reporting earnings and revenue just ahead of expectations in its latest quarter. For its fiscal second quarter that ended July 29, Marvell…

Cloud

Workday shares rise on earnings and revenue beats

By Duncan Riley Aug 24, 2023

Shares in Workday Inc. rose in late trading today after the enterprise resource planning software giant delivered earnings and revenue beats in its latest quarterly results. For its second quarter that ended July 31, Workday reported…

AI

Tech giants back $235M round for open-source AI startup Hugging Face

By Maria Deutscher Aug 24, 2023

Startup Hugging Face Inc., which operates a platform for hosting open-source artificial intelligence projects, today announced that it has raised $235 million in funding. The Series D round included contributions from many of the…

all stories

VMware enhances enterprise AI management by balancing GPU scarcity with cost savings

Analysts see cloud strategy and Broadcom acquisition as key highlights from VMware Explore

US Treasury unveils new proposed cryptocurrency tax guidelines for brokers

Multicloud and generative AI announcements signal new chapter in VMware’s evolution

Walmart teams up with Alphabet’s Wing for drone deliveries in Dallas

Hosting provider CloudNordic loses customer data in ransomware attack

Malwarebytes acquires online privacy solutions provider Cyrus

Shares in semiconductor maker Marvell drop despite solid quarterly results

Workday shares rise on earnings and revenue beats

Tech giants back $235M round for open-source AI startup Hugging Face

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