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AI

Luminous Computing raises $105M to build a photonics-powered AI supercomputer

By Maria Deutscher Mar 3, 2022

Startup Luminous Computing Inc., which is developing a new kind of supercomputer for running artificial intelligence models, today said that it has closed a $105 million funding round. The Series A round included the…

Blockchain

Ukraine cancels crypto token giveaway and will raise funds with NFTs instead

By Kyt Dotson Mar 3, 2022

The Ukrainian government has canceled a much-anticipated giveaway to people who donated cryptocurrency to the country and instead will issue nonfungible tokens to support its armed forces during the ongoing invasion by Russia. “After…

Cloud

Certa raises $15M to streamline supplier onboarding in the enterprise

By Maria Deutscher Mar 3, 2022

Certa, a startup helping enterprises speed up the process of onboarding new suppliers, today announced that it has closed a $15 million early-stage funding round. San Francisco-based Certa, incorporated as Opinr Inc., said that…

Security

Israeli AI-powered security engineering startup CardinalOps raises $17.5M

By Duncan Riley Mar 3, 2022

Israeli artificial intelligence-powered security engineering startup CardinalOps Ltd. revealed today that it has raised $17.5 million in new funding to fuel global expansion in go-to-market and product innovation activities. Viola Ventures led the Series A…

Security

Shares of identity and access management firm Okta drop on weak outlook

By Duncan Riley Mar 2, 2022

Shares Okta Inc. dropped in late trading after the identity and access management company reported an outlook under analysts’ expectations in its latest earnings report. For the quarter ended Jan. 31, Okta reported a…

Cloud

Zuora narrowly beats earnings expectations

By Duncan Riley Mar 2, 2022

Shares of cloud subscription services company Zuora Inc. rose slightly in late trading today, in line with quarterly earnings that narrowly beat analyst expectations. Zuora also announced today that it had received a $400 million…

Cloud

Shares in business planning software company Anaplan rise on strong earnings

By Duncan Riley Mar 2, 2022

Shares in Anaplan Inc. rose in late trading today after the business planning software company reported better-than-expected earnings. For the quarter ended Jan. 31, Anaplan reported a loss before certain costs of $10.6 million,…

Emerging Tech

Amazon announces it’s closing 68 brick-and-mortar stores in US and UK

By James Farrell Mar 2, 2022

Amazon.com Inc. said today that it’s streamlining its physical stores, closing 68 Amazon Books, 4-Star and Pop Up stores in the U.S. and the U.K. That will lead to a large number of employees…

AI

C3 AI shares drop despite better-than-expected quarterly earnings

By Duncan Riley Mar 2, 2022

Shares in C3ai Inc. dropped slightly in late trading today despite the artificial intelligence software provider reporting better-than-expected earnings results. For the quarter ended Jan. 31, C3 AI reported a loss before costs such as stock…

Infra

Data center infrastructure firms Nutanix and Pure Storage deliver strong earnings

By Mike Wheatley Mar 2, 2022

Data center infrastructure firms Nutanix Inc. and Pure Storage Inc. both delivered strong earnings results today, beating Wall Street’s expectations and gaining in after-hours trading. Nutanix reported a net loss for the second quarter…

all stories

Luminous Computing raises $105M to build a photonics-powered AI supercomputer

Ukraine cancels crypto token giveaway and will raise funds with NFTs instead

Israeli AI-powered security engineering startup CardinalOps raises $17.5M

Shares of identity and access management firm Okta drop on weak outlook

Amazon announces it’s closing 68 brick-and-mortar stores in US and UK

Data center infrastructure firms Nutanix and Pure Storage deliver strong earnings

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