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AI

BenchSci raises $70M to accelerate drug discovery with AI

By Maria Deutscher May 26, 2023

Toronto-based artificial intelligence startup BenchSci has raised $95 million Canadian dollars, or $70 million, in funding to help scientists discover new drugs faster. BenchSci, officially Scinapsis Analytics Inc., announced the Series D round on…

Cloud

Dell advances its sustainability goals in the race for a greener future: From e-waste to circular innovation

By Chad Wilson May 26, 2023

As Dell Technologies World unfolded in Las Vegas, the focus on sustainability and environmental responsibility took center stage. With a commitment to environmental, social and governance principles, Dell Technologies Inc. is driving innovation and…

Blockchain

Digital Currency Group plans to shut down institutional trading unit TradeBlock

By Kyt Dotson May 26, 2023

Venture capital conglomerate Digital Currency Group Inc. announced plans to close its TradeBlock subsidiary that provides cryptocurrency trade and prime brokerage services for institutional investors. According to a May 25 report from Bloomberg, the…

Cloud

Accelerating cloud modernization journeys: Inside the AWS, Red Hat and Accenture partnership

By Brian Njuguna May 26, 2023

Migrating to the cloud is only the first step in the modernization journey Red Hat Inc., Accenture PLC and Amazon Web Services Inc. are working together to help organizations realize true business value through…

AI

As generative AI accelerates coding for developers, the long-term impact is just beginning

By Mark Albertson May 26, 2023

In the select world of elite computer programmers, could artificial intelligence reach a place where it will write a significant amount of their code? For one such developer, it already has. One of the…

Infra

Harnessing open-source power in a multicloud world: TheCUBE’s final analysis from Red Hat Summit

By Cheryl Knight May 26, 2023

This week’s Red Hat Summit featured insights into Red Hat Inc.’s future direction and continued commitment to open-source software. During a final breakdown of the event, theCUBE analysts shared perspectives on emerging trends, Red…

Cloud

Broadcom storage adapters drive microsecond latencies in Dell’s PowerEdge RAID

By Mark Albertson May 26, 2023

The launch of Broadcom Inc.’s 9600 series of storage adapters in January introduced a new level of IO processing power and latency reduction. Through integration of Broadcom’s 9600 technology in the Dell PowerEdge RAID…

Security

Veeam: Ransomware keeps rising, and paying fraudsters is still not the right approach

By Zeus Kerravala May 25, 2023

Veeam used its annual user event, VeeamON, in Miami this week to release the results of some research on ransomware highlighting some alarming statistics that raise concerns for businesses of all sizes. Veeam is…

Emerging Tech

Applied Intuition to acquire self-driving truck software company Embark for $71M

By Duncan Riley May 25, 2023

Autonomous vehicle software development company Applied Intuition Inc. today said it has agreed to acquire self-driving truck software company Embark Technology Inc. in an all-cash transaction for $71 million. Founded in 2016, Embark designs automotive-grade self-driving…

Infra

Shares of Marvell jump sky-high as it forecasts AI chip revenue to double

By Mike Wheatley May 25, 2023

Updated: Marvell Technology Inc. topped expectations in its fiscal first-quarter financial results today and said it’s expecting revenue from artificial intelligence to at least double this year, sending its stock sky-high in extended trading.…

all stories

BenchSci raises $70M to accelerate drug discovery with AI

Digital Currency Group plans to shut down institutional trading unit TradeBlock

As generative AI accelerates coding for developers, the long-term impact is just beginning

Veeam: Ransomware keeps rising, and paying fraudsters is still not the right approach

Applied Intuition to acquire self-driving truck software company Embark for $71M

Shares of Marvell jump sky-high as it forecasts AI chip revenue to double

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