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AI

OpenAI hopes to launch its first AI agent, called ‘Operator,’ in January

By Mike Wheatley Nov 13, 2024

OpenAI is planning to move beyond simply answering questions and generating text with the imminent launch of a new artificial intelligence agent called “Operator” that will be able to perform web browser-related tasks on…

Cloud

Broadcom’s VMware strategy is winning despite market friction

By Dave Vellante Nov 13, 2024

Broadcom Inc.’s acquisition of VMware Inc. is proceeding almost exactly as we expected when the deal was announced in May 2022. Much of the media and competitor narrative is focused on the increased license fees Broadcom…

Infra

AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity

By Mike Wheatley Nov 13, 2024

Chipmaker Advanced Micro Devices Inc. says it will lay off 4% of its staff, which works out to be about 1,000 jobs based on its headcount of 26,000 employees at the end of last…

Infra

Cisco delivers solid earnings beat, but revenue declines again

By Mike Wheatley Nov 13, 2024

Cisco Systems Inc. reported solid fiscal first-quarter financial results that came in ahead of expectations and raised its 2025 full-year revenue outlook, but it couldn’t prevent a fourth successive quarter of declining revenue, and…

AI

MinIO’s mission to streamline AI infrastructure: Inside AIStor

By Victoria Gayton Nov 13, 2024

Artificial intelligence infrastructure increasingly focuses on streamlining AI data management solutions to meet enterprise demands. For software company MinIO Inc., this priority led to the creation of its AIStor, a commercial product designed to…

Blockchain

Polymarket CEO targeted in FBI raid over alleged violations of US trading restrictions

By Duncan Riley Nov 13, 2024

The U.S. Federal Bureau of Investigation conducted an early-morning raid on the residence of Polymarket Labs Inc. Chief Executive Office Shayne Coplan today, seizing his phone and electronic devices as part of an investigation into…

AI

AI cloud operator CoreWeave closes $650M secondary sale

By Maria Deutscher Nov 13, 2024

CoreWeave Inc., the operator of a cloud platform optimized for artificial intelligence workloads, today announced that it has closed a $650 million secondary sale. A standard funding round gives a startup access to capital…

Blockchain

0G Labs raises $40M to advance development of decentralized AI Operating System

By Duncan Riley Nov 13, 2024

Web 3 and blockchain company Zero Gravity Labs Inc., also known as 0G Labs, revealed today that it has raised $40 million in additional seed funding to accelerate the development of its decentralized AI…

AI

Five9 ups the intelligence level of its virtual agents

By Paul Gillin Nov 13, 2024

Contact-center-as-a-service provider Five9 Inc. today said it has expanded the Genius AI suite it announced in August with intelligent virtual agents that incorporate generative artificial intelligence and natural language processing to simulate the conversational…

AI

Juniper invests in AI chip startup Recogni, details technical collaboration

By Maria Deutscher Nov 13, 2024

Juniper Networks Inc. on Tuesday disclosed that it has invested in Recogni Inc., a startup with an artificial intelligence chip touted as significantly more efficient than the competition. The companies didn’t divulge the size…

explore news

OpenAI hopes to launch its first AI agent, called ‘Operator,’ in January

AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity

Cisco delivers solid earnings beat, but revenue declines again

Polymarket CEO targeted in FBI raid over alleged violations of US trading restrictions

AI cloud operator CoreWeave closes $650M secondary sale

0G Labs raises $40M to advance development of decentralized AI Operating System

Five9 ups the intelligence level of its virtual agents

Juniper invests in AI chip startup Recogni, details technical collaboration

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