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AI

Perlmutter, said to be the world’s fastest AI supercomputer, comes online

By Mike Wheatley May 27, 2021

One of the world’s fastest supercomputers designed specifically to handle artificial intelligence workloads came online today at the National Energy Research Scientific Computing Center based at the Lawrence Berkeley National Lab in California. The…

Apps

Reports: Fintech startup Klarna could receive $40B+ valuation in new funding round

By Maria Deutscher May 27, 2021

Klarna Bank AB is raising funding at a valuation of more than $40 billion, according to a series of new reports. The news was first reported by Business Insider early this morning. Three sources…

Blockchain

Reach raises $12M to simplify blockchain distributed app development

By Kyt Dotson May 27, 2021

Reach, a development platform enabling Javascript-like distributed applications for blockchains, announced Wednesday that it raised $12 million in funding at a $48 million valuation. The platform allows developers to build so-called dapps quickly using…

Cloud

Google Cloud debuts Datashare to simplify data projects in the financial sector

By Maria Deutscher May 27, 2021

Google LLC expanded its cloud platform’s roster of vertical-specific solutions today with the debut of Datashare, which is aimed at helping banks and other financial firms more easily access the market data they use…

Security

New report finds 67% of applications in the utility sector have serious vulnerabilities

By Duncan Riley May 27, 2021

With the Colonial Pipeline ransomware attack still making headlines and resulting in new government policy, a new report from application security provider WhiteHat Security Inc. finds that companies across multiple industries remain exposed to future…

Infra

Extreme Networks launches CoPilot AIOps platform to deliver the always-on network

By Zeus Kerravala May 26, 2021

Extreme Networks Inc. today announced a new vision and a new AIOps product called CoPilot to support it. The vision, unveiled at the company’s digital user conference Extreme Connect, is something called the “Infinite…

Apps

Facebook announces big changes to suppress dubious news spreaders

By James Farrell May 26, 2021

Facebook Inc. today announced two major changes to its social network, one to hide users who continually share misinformation and another an option for viewers to hide Like count on posts. Currently, if users share…

Infra

Pure Storage and Nutanix beat expectations on strong data center hardware sales

By Mike Wheatley May 26, 2021

Pure Storage Inc. and Nutanix Inc. showed that data center hardware is still a big growth business even as they both strive to move their businesses toward software, with both companies reporting strong financial…

Cloud

Payments startup SpotOn raises $125M on a unicorn valuation of $1.875B

By Duncan Riley May 26, 2021

Payments startup SpotOn Transact Inc. has raised $125 million in new funding to accelerate product development and expand its market presence. The Series D round was led by Andreessen Horowitz’s a16z. Additional investors included DST Global,…

Cloud

Despite beating analysts’ predictions, Zuora sees shares fall flat

By Duncan Riley May 26, 2021

Shares in cloud subscription services company Zuora Inc. were flat in after-hours trading today despite the company’s quarterly earnings report topping analysts’ expectations. For the quarter ended April 30, Zuora reported revenue rose 9%…

the latest

Perlmutter, said to be the world’s fastest AI supercomputer, comes online

Reports: Fintech startup Klarna could receive $40B+ valuation in new funding round

Reach raises $12M to simplify blockchain distributed app development

New report finds 67% of applications in the utility sector have serious vulnerabilities

Extreme Networks launches CoPilot AIOps platform to deliver the always-on network

Facebook announces big changes to suppress dubious news spreaders

Pure Storage and Nutanix beat expectations on strong data center hardware sales

Payments startup SpotOn raises $125M on a unicorn valuation of $1.875B

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