Page 716 – SiliconANGLE

AI

Nvidia’s fine! Besides, who else is going to power all these new AI models?

By Robert Hof Feb 28, 2025

Nvidia came through on earnings this week, with little sign of slowing growth, but investors apparently didn’t like the lower gross margin and knocked shares down more than 8% Thursday. It almost counts as a…

Policy

Meta issues apology after Instagram started flooding people’s feeds with obscene content

By James Farrell Feb 27, 2025

Meta Platforms Inc. today had to apologize after a glitch caused its Instagram Reels feature to inundate users with videos of real-life horror. “We have fixed an error that caused some users to see…

AI

AI-native accounting startup Quanta Financial raises $4.7M to automate bookkeeping in real time

By Mike Wheatley Feb 27, 2025

Quanta Financial Inc. is planning to turbocharge the accounting industry with artificial intelligence after closing on a $4.7 million seed funding round today. The round was led by Accel Partners and saw participation from…

Cloud

Elastic delights investors with earnings and revenue beats

By Mike Wheatley Feb 27, 2025

The enterprise search technology company Elastic N.V. is getting a lot of attention today after delivering an explosive earnings and revenue beat and forecasting more of the same in the current quarter. The company…

Infra

Dell targets $15B in AI server sales this year, but it’s not enough for investors

By Mike Wheatley Feb 27, 2025

Shares of Dell Technologies Inc. were heading lower in extended trading today after the company reported fourth-quarter sales that came in below estimates and offered a mixed revenue outlook for the current quarter. The…

Security

Mimic raises $50M to advance enterprise ransomware defense

By Duncan Riley Feb 27, 2025

Enterprise ransomware defense startup Mimic Networks Inc. announced today that it has raised $50 million in new funding to enhance its ransomware defense platform, expand its market reach and accelerate product innovation. Founded in…

AI

OpenAI expands LLM lineup with new general-purpose GPT-4.5 model

By Maria Deutscher Feb 27, 2025

OpenAI today introduced GPT-4.5, a general-purpose large language model that it describes as its largest yet. The ChatGPT developer provides two LLM collections. The models in the first collection are geared toward reasoning tasks…

Cloud

Expensify shares rise 15% after stock buyback announcement and improved Q4 earnings

By Duncan Riley Feb 27, 2025

Shares in Expensify Inc. jumped more than 15% in late trading today after the payments provider announced a stock repurchase program and reported highly improved earnings in its fiscal 2024 fourth quarter. For the…

Apps

Autodesk announces 1,350 job cuts following strong quarterly earnings

By Duncan Riley Feb 27, 2025

Computer-aided software design company Autodesk Inc. announced today that it’s cutting 9% of its workforce, or about 1,350 people, following its quarterly earnings report, which saw the company beat analyst expectations on all metrics.…

AI

What to expect during MWC25 Barcelona: Join theCUBE March 3-6

By Mark Albertson Feb 27, 2025

MWC25 Barcelona is set to showcase groundbreaking advancements in AI, 5G and the future of mobile connectivity. As the world’s top telecom leaders, innovators and tech giants gather next week, all eyes will be…

the latest

Nvidia’s fine! Besides, who else is going to power all these new AI models?

Meta issues apology after Instagram started flooding people’s feeds with obscene content

AI-native accounting startup Quanta Financial raises $4.7M to automate bookkeeping in real time

Elastic delights investors with earnings and revenue beats

Dell targets $15B in AI server sales this year, but it’s not enough for investors

Mimic raises $50M to advance enterprise ransomware defense

OpenAI expands LLM lineup with new general-purpose GPT-4.5 model

Expensify shares rise 15% after stock buyback announcement and improved Q4 earnings

Autodesk announces 1,350 job cuts following strong quarterly earnings

What to expect during MWC25 Barcelona: Join theCUBE March 3-6

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