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Security

Rubrik shares soar 18% on strong third quarter results and upbeat outlook

By Duncan Riley Dec 5, 2024

Shares in Rubrik Inc. jumped more than 18% in late trading today after the data security software provider impressed investors with strong earnings and revenue beats in its fiscal 2025 third quarter. It also forecast a…

Infra

Rising AI server demand drives another strong earnings and revenue beat for HPE

By Mike Wheatley Dec 5, 2024

Hewlett Packard Enterprise Co. delivered solid fourth-quarter financial results today, beating Wall Street’s expectations on both earnings and revenue, and investors responded Friday by bidding the stock up almost 10% despite tepid guidance. The…

Infra

Broadcom introduces 3.5D XDSiP chip packaging for data center processors

By Maria Deutscher Dec 5, 2024

Broadcom Inc. today detailed a new chip packaging technology, XDSiP, that makes it possible to create processors by stacking multiple silicon dies atop another. XDSiP is short for eXtreme Dimension System in Package. Broadcom…

IoT

IoT cloud platform provider Samsara sees revenue growth, shares slide on guidance

By Duncan Riley Dec 5, 2024

Shares in Samsara Inc. fell nearly 10% in late trading today after the internet of things cloud platform provider reported fiscal 2025 third-quarter earnings and revenue beats but fell short of expectations on its…

Cloud

Exclusive: Amazon CEO Andy Jassy reveals AWS’ strategy for building the enterprise AI platform

By Mark Albertson Dec 5, 2024

Amazon.com Inc. Chief Executive Andy Jassy made an unscheduled appearance at the AWS re:Invent cloud conference Tuesday to announce the company’s bid to reshape the world of artificial intelligence models. Today, in an exclusive interview with…

AI

Elon Musk’s xAI raises $6B to scale up GPU infrastructure

By Duncan Riley Dec 5, 2024

Elon Musk’s artificial intelligence startup xAI Corp. announced today that it has raised $6 billion in new equity financing as the company seeks to expand its supercomputer facility even more to house at least…

AI

Generative AI meets telecommunications: AWS redefines network agility and customer experiences

By Victor Dabrinze Dec 5, 2024

As industries evolve in the digital age, few sectors exemplify transformation as vividly as telecommunications. Key cloud players, such as Amazon Web Services Inc., are leveraging gen AI for telecom to overhaul network operations,…

Cloud

The AWS impact: How Caylent is empowering businesses to innovate and scale in the cloud

By Brian Njuguna Dec 5, 2024

Given that Amazon Web Services Inc. is pioneering cloud infrastructure, the AWS impact lies not just in technology but in changing the way businesses think about infrastructure and innovation. By aligning AWS tools and…

AI

OpenAI debuts ChatGPT Pro plan with reasoning-optimized o1 pro mode LLM

By Maria Deutscher Dec 5, 2024

OpenAI today introduced ChatGPT Pro, a new paid tier of its chatbot that provides access to large language models optimized for reasoning tasks. The subscription is priced at $200 per month, 10 times more…

Big Data

Key BI insights from re:Invent 2024: Data reduction and visibility innovations in focus

By Victor Dabrinze Dec 5, 2024

A slew of innovations in data management tooling, data infrastructure and artificial intelligence dotted the landscape at AWS re:Invent 2024. Siemens Digital Industries Software, in particular, has tapped Cribl Inc.’s data reduction and operational…

all stories

Rubrik shares soar 18% on strong third quarter results and upbeat outlook

Rising AI server demand drives another strong earnings and revenue beat for HPE

Broadcom introduces 3.5D XDSiP chip packaging for data center processors

IoT cloud platform provider Samsara sees revenue growth, shares slide on guidance

Exclusive: Amazon CEO Andy Jassy reveals AWS’ strategy for building the enterprise AI platform

Elon Musk’s xAI raises $6B to scale up GPU infrastructure

OpenAI debuts ChatGPT Pro plan with reasoning-optimized o1 pro mode LLM

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