Page 1629 – SiliconANGLE

Cloud

Snowflake’s stock falls on guidance miss, as it confirms plans to acquire Neeva

By Mike Wheatley May 24, 2023

Shares of the cloud data warehouse company Snowflake Inc. sank in extended trading today after the company slashed its full-year outlook, sparking concerns about its exposure to reduced enterprise technology spending. Snowflake did at…

Security

Microsoft warns alleged Chinese hacking group is targeting critical infrastructure

By Duncan Riley May 24, 2023

Researchers at Microsoft Corp. today detailed a sophisticated cyberattack aimed at critical U.S. infrastructure, orchestrated by an alleged China-based state-sponsored actor. The hacking group, known as Volt Typhoon, has been active since mid-2021 and is suspected…

Infra

Nutanix shares surge on earnings and revenue beats, upbeat outlook

By Duncan Riley May 24, 2023

Shares in Nutanix Inc. surged in late trading after the cloud-computing company reported earnings and revenue beats in its fiscal third quarter and gave an upbeat outlook. Nutanix reported adjusted earnings per share of…

Infra

Nvidia’s stock soars 26% on strong sales forecast amid surging demand for AI chips

By Mike Wheatley May 24, 2023

Chipmaker Nvidia Corp. comfortably beat expectations as it posted its fiscal first-quarter results today, before delivering a revenue forecast that blew Wall Street’s projections out of the water, sending its stock up an incredible…

Big Data

Splunk surprises investors with stronger-than-expected earnings and revenue

By Duncan Riley May 24, 2023

Shares in Splunk Inc. rose in after-hours trading today after the big data company surprised investors with stronger-than-expected earnings and revenue in its fiscal first quarter. For its fiscal first quarter that ended April…

AI

Dell’s vision for converging AI and edge computing relies on industrialization instead of ‘snowflake solutions’

By Chad Wilson May 24, 2023

In the ever-evolving landscape of technology, Dell Technologies Inc. looks to push the boundaries of innovation, claiming customer-centricity and a commitment to industrialization. Key insights emerged regarding Dell’s approach to innovation, the convergence of…

AI

Intel, Red Hat weigh in on the OT/IT convergence driving edge transformation

By Victor Dabrinze May 24, 2023

While edge computing has always presented its set of challenges and security concerns, its ability to create new business profitability avenues is evident. Features such as artificial intelligence are becoming more capable as IT…

AI

Project Helix highlights how Dell and Nvidia support customers in the generative AI journey

By Mark Albertson May 24, 2023

The launch this week of Project Helix, a joint initiative between Dell Technologies Inc. and Nvidia Corp., signaled a new twist in the evolving saga of generative artificial intelligence. Both companies believe that a…

AI

Dell charts new territories with AI and Project Helix: TheCUBE analysts dissect Dell Technologies World insights

By Cheryl Knight May 24, 2023

As day 3 of Dell Technologies World kicked off, theCUBE industry analysts broke down their insights for the first two days of the event, as well as key observations from their interviews with Dell…

Emerging Tech

Ayar Labs reels in another $25M for its optical chip interconnect

By Maria Deutscher May 24, 2023

Ayar Labs Inc., a startup developing a new way of linking together chips in data centers, today announced that it has raised $25 million from investors. The funding was provided as an extension to a…

all stories

Microsoft warns alleged Chinese hacking group is targeting critical infrastructure

Nutanix shares surge on earnings and revenue beats, upbeat outlook

Nvidia’s stock soars 26% on strong sales forecast amid surging demand for AI chips

Splunk surprises investors with stronger-than-expected earnings and revenue

Ayar Labs reels in another $25M for its optical chip interconnect

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