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AI

Openlayer, creator of tools for testing and verifying machine learning models, raises $4.8M

By Mike Wheatley May 4, 2023

Openlayer Inc., the creator of a novel platform for testing artificial intelligence and machine learning models, said today it has closed on a $4.8 million seed funding round. The round was led by Quiet Capital…

AI

Salesforce builds generative AI features into Slack

By Kyt Dotson May 4, 2023

Salesforce Inc. today announced that its collaboration platform Slack will be getting native conversational artificial intelligence integration with Slack GPT, building the AI directly into the chat interface. With Slack GPT the new features…

Policy

FTC wants to stop Meta from monetizing young people’s data

By James Farrell May 3, 2023

The Federal Trade Commission today shared some stern words with Meta Platforms Inc., accusing the company of breaching a child privacy protection order, adding that it’s time there was a “blanket prohibition” on Meta…

Cloud

JFrog’s shares jump as its cloud revenue grows almost 50%

By Mike Wheatley May 3, 2023

Software supply chain company JFrog Ltd. kicked off its fiscal 2023 year with an impressive earnings and revenue beat, and its share price rose more than 7% in after-hours trading as investors nodded their…

Big Data

Cloud growth drives Confluent’s impressive earnings and revenue beat

By Mike Wheatley May 3, 2023

Big-data streaming company Confluent Inc. delivered a strong earnings and revenue beat as it posted its first-quarter financial results today, sending its stock higher in late trading. The Mountain View, California-based company reported a…

Cloud

Customer growth helps Fastly report record quarterly revenue

By Duncan Riley May 3, 2023

Edge cloud platform provider Fastly Inc. reported record quarterly revenue in its fiscal first quarter of 2023, driven by strong customer growth. For the quarter that ended March 31, Fastly reported a loss before…

Infra

Qualcomm’s stock sinks on revenue decline and warning of worse to come

By Mike Wheatley May 3, 2023

Shares of smartphone chipmaker Qualcomm Inc. trended down in after-hours today as the company revealed how macroeconomic forces had eaten away at its sales in the second quarter. Its revenue declined 17% compared to the…

Cloud

Informatica shares fall slightly despite solid revenue and earnings

By Duncan Riley May 3, 2023

Shares in Informatica Inc. fell slightly in late trading after the data integration firm reported revenue and earnings roughly in line with expectations. For its first quarter that ended March 31, Informatica reported earnings…

AI

How AI is changing the game for software developers — for better and worse

By Ryan Stevens May 3, 2023

As more companies seek to adopt artificial intelligence foundation models, such as OpenAI LP’s ChatGPT, it’s becoming increasingly clear that automation platforms present a potential problem for software developers. On one hand, these platforms…

Security

Commvault CEO Sanjay Mirchandani charts company’s shift to subscription and SaaS models

By Cheryl Knight May 3, 2023

Data protection is becoming a fundamental component of cybersecurity strategies. As organizations move to the cloud and battle increased threats from ransomware, supply chain attacks and other threats, backup and recovery is becoming a…

the latest

Openlayer, creator of tools for testing and verifying machine learning models, raises $4.8M

Salesforce builds generative AI features into Slack

FTC wants to stop Meta from monetizing young people’s data

Cloud growth drives Confluent’s impressive earnings and revenue beat

Customer growth helps Fastly report record quarterly revenue

Qualcomm’s stock sinks on revenue decline and warning of worse to come

Informatica shares fall slightly despite solid revenue and earnings

How AI is changing the game for software developers — for better and worse

Commvault CEO Sanjay Mirchandani charts company’s shift to subscription and SaaS models

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