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Cloud

Cloud storage optimization startup Lucidity raises $21M

By Mike Wheatley Feb 12, 2025

Lucidity.cloud Ltd., an Indian startup that helps automate multicloud storage management, said today it has raised $21 million in an early-stage funding round, following rapid growth over the last year. Today’s Series A round…

AI

Report says companies ‘playing with fire’ as AI chatbots fail when trying to summarize news

By James Farrell Feb 12, 2025

Four of the major artificial intelligence chatbots presented “significant inaccuracies” when they summarized news stories, according to a report issued this week by the BBC. This comes a month after Apple Inc. suspended its…

Cloud

Shares of Fastly fall hard and fast on earnings miss and weak guidance

By Mike Wheatley Feb 12, 2025

Fastly Inc., the cloud-based edge infrastructure and content delivery network provider, delivered mixed fourth-quarter earnings results and weak guidance today, and its stock plummeted like a stone in extended trading. The company reported a…

Security

AI aggregator OmniGPT reportedly breached, leaking sensitive user data online

By Duncan Riley Feb 12, 2025

Artificial intelligence aggregator OmniGPT Inc. has reportedly been breached, as a hacker released more than 34 million lines of user conversations and 30,000 user emails and phone numbers on a popular hacking forum. As…

AI

OpenAI to launch GPT-5 in a matter of months, GPT-4.5 within weeks

By Maria Deutscher Feb 12, 2025

OpenAI plans to release its next flagship artificial intelligence system, GPT-5, in a matter of months. Chief Executive Officer Sam Altman disclosed the launch timing today in a series of posts on X. He also…

Infra

Cisco delivers solid earnings and revenue beat, boosting its stock

By Mike Wheatley Feb 12, 2025

Cisco Systems Inc.’s profit engines are ticking over nicely as it continues to reap the benefits of artificial intelligence demand. The company today posted a solid earnings and revenue beat, following up with strong…

Blockchain

Robinhood shares jump 16% as company smashes estimates with 700% crypto trading growth

By Duncan Riley Feb 12, 2025

Shares in Robinhood Markets Inc. jumped over 16% in late trading today after the financial services company smashed expectations on revenue and earnings in its fiscal 2024 fourth quarter. For the quarter that ended…

Security

Rapid7 shares drop on mixed fourth-quarter results and weak outlook

By Duncan Riley Feb 12, 2025

Shares in Rapid7 Inc. fell more than 8% in late trading today after the cybersecurity solutions provider reported mixed fourth-quarter results and fell short on its revenue outlook for the year ahead. For the…

Security

Cybersecurity experts raise concerns over DOGE’s access to federal systems

By Maria Deutscher Feb 12, 2025

Multiple cybersecurity experts have sounded the alarm about the ability of the Department of Government Efficiency, or DOGE, to access federal agencies’ systems. A new set of concerns was flagged on Tuesday in a…

Infra

HPE unveils ProLiant Gen12 to meet IT’s biggest demands for AI-driven enterprises

By Victoria Gayton Feb 12, 2025

Hewlett Packard Enterprise Co. is addressing the growing demands of AI, cloud-native applications and evolving security threats with the launch of its latest generation of compute solutions. The HPE ProLiant Gen12 portfolio is designed…

the latest

Report says companies ‘playing with fire’ as AI chatbots fail when trying to summarize news

AI aggregator OmniGPT reportedly breached, leaking sensitive user data online

OpenAI to launch GPT-5 in a matter of months, GPT-4.5 within weeks

Cisco delivers solid earnings and revenue beat, boosting its stock

Rapid7 shares drop on mixed fourth-quarter results and weak outlook

Cybersecurity experts raise concerns over DOGE’s access to federal systems

HPE unveils ProLiant Gen12 to meet IT’s biggest demands for AI-driven enterprises

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