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Cloud

Salesforce delivers to expectations but contract delays and rising capital costs weigh on stock

By Mike Wheatley May 31, 2023

Salesforce Inc. delivered a strong earnings beat and raised its full-year guidance above analysts’ expectations, but concerns about its rising capital expenditures and delayed deals sent its stock down more than 5% in the…

Security

Okta and CrowdStrike shares plunge on broader macroeconomic concerns

By Duncan Riley May 31, 2023

Shares in both Okta Inc. and CrowdStrike Holdings Inc. plunged in late trading today despite both companies beating expectations in their quarterly earnings, revenue and outlook, as investors have become skittish amid broader macroeconomic…

Security

Cisco buys Armorblox to beef up cybersecurity with generative AI

By Mike Wheatley May 31, 2023

Cisco Systems Inc. said today it will acquire cybersecurity startup Armorblox Inc. to help protect email, cloud and office applications and enterprise communication systems. The networking giant will take advantage of Armorblox’s natural language processing,…

AI

The rise of artificial intelligence: How language models and NLP are transforming industries

By Brian Njuguna May 31, 2023

From large language models – think ChatGPT – to natural language processing, artificial intelligence is stamping its authority across the globe. Frustrated by manual onboarding processes during its quest to grow market share in…

AI

AI, automation, and the future of cloud: Insights from DXC Technology and Red Hat

By Alice Gillin May 31, 2023

DXC Technology Co. is one of the largest global integrators on the globe, with over 130,000 employees worldwide. The company helps companies worldwide run their mission-critical systems and operations all while modernizing IT, optimizing…

Security

CrowdStrike debuts generative AI cybersecurity chatbot and new AWS integrations

By Maria Deutscher May 31, 2023

CrowdStrike Holdings Inc. is rolling out new capabilities aimed at helping companies more effectively respond to breach attempts. The first set of features, a collection of integrations for Amazon Web Services Inc.’s cloud platform,…

AI

Revolutionizing railroad safety: The power of AI and edge computing

By Chad Wilson May 31, 2023

Railroad safety has become a pressing issue, with recent news highlighting the importance of maintaining and inspecting rail cars. In a recent interview, Jeffrey Necciai (pictured, left), the chief technology officer at Duos Technologies…

Emerging Tech

Lightmatter reels in $154M for its optical interconnect and chips

By Maria Deutscher May 31, 2023

Lightmatter Inc., a startup with technology that allows chips to exchange data using light, has raised $154 million in new funding. The Series C round was announced this morning. It included contributions from the…

Cloud

Three insights you might have missed from Red Hat Summit

By Ryan Stevens May 31, 2023

What’s the future of open-source technology, and what innovation is taking place in the information technology landscape? Those were the big questions to be answered during this year’s Red Hat Summit event, which ran…

AI

Predibase debuts low-code machine learning platform for building generative AI models

By Mike Wheatley May 31, 2023

Machine learning startup Predibase Inc. today announced the commercial availability of its low-code declarative machine learning platform for artificial intelligence developers, adding new features for large language models. The launch of its platform came…

the latest

Salesforce delivers to expectations but contract delays and rising capital costs weigh on stock

Okta and CrowdStrike shares plunge on broader macroeconomic concerns

Cisco buys Armorblox to beef up cybersecurity with generative AI

CrowdStrike debuts generative AI cybersecurity chatbot and new AWS integrations

Lightmatter reels in $154M for its optical interconnect and chips

Predibase debuts low-code machine learning platform for building generative AI models

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