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Cloud

LocalStack nabs $25M investment for its public cloud emulator

By Maria Deutscher Nov 12, 2024

Swiss developer tooling provider LocalStack GmbH today announced that it has closed a $25 million early-stage funding round. Notable Capital led the Series A investment. It was joined by CRV and Heavybit, which previously…

Big Data

Data mapping provider Lume raises $4.2M in funding

By Maria Deutscher Nov 12, 2024

Lume AI Inc., a startup that helps companies move data between their applications, has raised $4.2 million in seed funding to enhance its technology. General Catalyst led the round. Lume said its funding announcement…

AI

Writer reels in $200M for its generative AI toolkit

By Maria Deutscher Nov 12, 2024

Artificial intelligence startup Writer Inc. today disclosed that it has closed a $200 million Series C investment at a $1.9 billion valuation. Premji Invest, Radical Ventures and ICONIQ Growth led the round. They were…

AI

Transforming enterprise AI with Nutanix and Nvidia: A deep dive into hybrid cloud and full-stack reinvention

By Victor Dabrinze Nov 12, 2024

As enterprise AI moves further into its implementation phase, companies must navigate the nuances that arise with their particular use cases. To address these challenges, Nutanix Inc. and Nvidia Corp. have joined forces to…

AI

Navigating the AI scramble: A roadmap to effective enterprise AI strategy

By Devony Hof Nov 12, 2024

Companies now have to look long term when it comes to the ongoing artificial intelligence trend, with a focus on developing an overarching enterprise AI strategy. Nutanix Inc. aims to support customers’ entire AI…

AI

Red Hat to acquire AI optimization startup Neural Magic

By Kyt Dotson Nov 12, 2024

Open-source software giant Red Hat Inc. announced today that it has agreed to acquire Neural Magic Inc., a machine learning startup that optimizes AI models to run whatever hardware is available, including central processing…

Security

DeepTempo exits stealth with AI-powered cybersecurity app on Snowflake Marketplace

By Duncan Riley Nov 12, 2024

Artificial intelligence-driven cybersecurity startup DeepTempo launched today with the release of Tempo, a deep learning-based Snowflake Inc.-native app that improves the detection of potential cyberattacks. Making its debut at Snowflake’s annual Build developer conference…

Cloud

Cast AI introduces AI Enabler and zero-downtime live migration for Kubernetes workloads

By Duncan Riley Nov 12, 2024

Kubernetes operations and cost management startup Cast AI Group Inc. today announced two new capabilities designed to optimize cloud infrastructure costs and streamline workloads. First up from Cast AI today is AI Enabler, a new tool…

Cloud

ScaleOps raises $58M to accelerate Kubernetes configuration automation

By Mike Wheatley Nov 12, 2024

ScaleOps Labs Ltd., creator of a fully automated, cloud-native resource orchestration platform for Kubernetes deployments, said today it has closed on a hefty $58 million Series B round of funding, just 11 months after…

AI

Red Hat revs up AI workloads with latest OpenShift platform enhancements

By Mike Wheatley Nov 12, 2024

Open-source software giant Red Hat Inc. is upping its game in artificial intelligence development with a host of updates to the Red Hat OpenShift AI platform, announced at KubeCon + CloudNativeCon North America 2024…

the latest

LocalStack nabs $25M investment for its public cloud emulator

Data mapping provider Lume raises $4.2M in funding

Writer reels in $200M for its generative AI toolkit

Transforming enterprise AI with Nutanix and Nvidia: A deep dive into hybrid cloud and full-stack reinvention

Navigating the AI scramble: A roadmap to effective enterprise AI strategy

Red Hat to acquire AI optimization startup Neural Magic

DeepTempo exits stealth with AI-powered cybersecurity app on Snowflake Marketplace

Cast AI introduces AI Enabler and zero-downtime live migration for Kubernetes workloads

ScaleOps raises $58M to accelerate Kubernetes configuration automation

Red Hat revs up AI workloads with latest OpenShift platform enhancements

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