Page 2548 – SiliconANGLE

Cloud

Healthcare cloud data solutions startup Redox raises $45M

By Duncan Riley Feb 24, 2021

Healthcare cloud data solutions startup Redox Inc. announced today it has raised $45 million in new funding to accelerate product innovation and hire more people. The Series D round was led by Adams Street Partners and…

Apps

GameStop shares surge in a repeat of the Reddit-powered pump in January

By Duncan Riley Feb 24, 2021

Shares in GameStop Corp. surged today as users of Reddit Inc.’s r/WallStreetBets forum pumped the stock again, a near-repeat of a similar pump in January. GameStop shares, which opened regular trading at $46.05, well…

Cloud

Elastic beats earnings expectations on strong SaaS growth

By Mike Wheatley Feb 24, 2021

Enterprise search provider Elastic NV saw its stock lose more than 4% in after-hours trading today despite posting strong quarterly financial results that beat expectations and raising its full-year guidance. The company reported a…

AI

Amazon’s Lookout for Vision spots defects and anomalies in visual representations

By Duncan Riley Feb 24, 2021

Amazon Web Services Inc. today announced the general availability of Amazon Lookout for Vision, a cloud service that uses machine learning to spot defects and anomalies in visual representation using computer vision. Designed with…

Infra

Pure Storage and NetApp beat expectations thanks to strong cloud storage growth

By Mike Wheatley Feb 24, 2021

Pure Storage Inc. and NetApp Inc. both had a surprise in store for shareholders today, posting quarterly financial results that beat Wall Street’s expectations despite ongoing weakness in their primary data center storage hardware…

Infra

Nvidia logs record revenue thanks to data center and gaming businesses

By Mike Wheatley Feb 24, 2021

Computer graphics chipmaker Nvidia Corp. pulled out all the stops as it delivered strong fiscal fourth-quarter financial results today, posting record revenue in its main Data Center and Gaming business segments. The strong gains…

Infra

Nutanix posts strong sales growth driven by new products and subscriptions

By Paul Gillin Feb 24, 2021

Nutanix Inc. reported strong sales growth in its fiscal second quarter, sending its stock up nearly 3% in after-hours trading and continuing a string of robust earnings reports following the hammering it took on…

AI

Warehouse robot startup Berkshire Grey inks SPAC deal at up to $2.7B valuation

By Maria Deutscher Feb 24, 2021

Berkshire Grey Inc., a developer of warehouse robots backed by investors including Khosla Ventures and NEA, today announced plans to go public through a SPAC merger. The Bedford, Massachusetts-based startup expects to raise as…

Infra

Intel and Nvidia back $65M funding round for storage chip startup Pliops

By Maria Deutscher Feb 24, 2021

Chip startup Pliops Ltd. today said that it has closed a $65 million funding round backed by Intel Corp., Nvidia Corp. and others to support its mission of making data center storage more efficient.…

Cloud

Google Kubernetes Engine goes serverless with new Autopilot Mode

By Mike Wheatley Feb 24, 2021

Google LLC said today that it’s bringing some more automation to its popular Google Kubernetes Engine service to relieve some of the headaches around infrastructure management and let users focus more on their workloads.…

explore news

Pure Storage and NetApp beat expectations thanks to strong cloud storage growth

Nvidia logs record revenue thanks to data center and gaming businesses

Nutanix posts strong sales growth driven by new products and subscriptions

Warehouse robot startup Berkshire Grey inks SPAC deal at up to $2.7B valuation

Intel and Nvidia back $65M funding round for storage chip startup Pliops

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