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AI

Lightning AI raises $50M to eliminate AI development headaches

By Mike Wheatley Nov 21, 2024

Artificial intelligence development platform provider Lightning AI said today it has closed on $50 million in an equity funding round that brings its total amount raised to $103 million. Today’s round included participation from…

Infra

NetApp’s stock rises after raised profit and sales guidance, citing strong cloud storage demand

By Mike Wheatley Nov 21, 2024

NetApp Inc. delivered a solid earnings and revenue beat today before raising its guidance for both metrics, saying it’s seeing strong demand for data storage services as companies upgrade their cloud infrastructure. The strong…

Cloud

KKR leads $370M investment in hotel analytics provider Lighthouse

By Maria Deutscher Nov 21, 2024

Lighthouse Intelligence Ltd., a startup with a suite of analytics tools for hotel operators, today announced that it has secured a $370 million investment led by KKR. The deal reportedly closed at a valuation…

Security

HP launches Enterprise Security Edition to strengthen business PC protection

By Duncan Riley Nov 21, 2024

HP Inc. today announced the launch of HP Enterprise Security Edition, a new suite of security capabilities designed to enhance the physical security of HP business-class personal computers. HP Enterprise Security Edition includes multilayered…

AI

Enveda Biosciences raises $130M to advance AI-driven drug discovery from natural compounds

By Duncan Riley Nov 21, 2024

Enveda Biosciences Inc., a biotechnology company that leverages artificial intelligence to develop new medicines, announced today that it has raised $130 million in new funding to deliver clinical catalysts across multiple programs with strong…

Infra

Dell’s AI evolution: Driving tangible innovation through open standards and scalable systems

By Victor Dabrinze Nov 21, 2024

For Dell Technologies Inc., the journey into artificial intelligence and high-performance computing has been a meticulously planned marathon rather than a sprint. What once was a hardware-focused company is now at the forefront of…

Cloud

Elastic shares surge 16% as company beats quarterly earnings and revenue expectations

By Duncan Riley Nov 21, 2024

Shares of Elastic N.V. jumped more than 16% in late trading today after the enterprise search software company solidly beat earnings and revenue expectations in its fiscal 2025 second quarter. For the quarter ended Oct.…

AI

What to expect during theCUBE’s ‘Cloud AWS re:Invent Coverage’ event: Join theCUBE Dec. 3-6

By Ryan Stevens Nov 21, 2024

Advancements in generative and agentic AI innovation are transforming enterprises. Meanwhile, breakthroughs in chip technology and a growing emphasis on digital sovereignty are reshaping cloud computing to deliver solutions. That’s where Amazon Web Services…

Infra

Direct liquid cooling emerges as key to exascale computing efficiency

By Victor Dabrinze Nov 21, 2024

Exascale computing is no longer a distant concept, but a reality reshaping how massive computational tasks are approached. However, this rise has brought new challenges, particularly in thermal management. There now exists a growing…

Security

Wiz acquires cybersecurity startup Dazz for reported $450M

By Maria Deutscher Nov 21, 2024

Wiz Inc. is acquiring Dazz Inc., a cybersecurity startup that helps enterprises find vulnerabilities in their code. The companies didn’t disclose the financial terms in their announcement of the deal today. However, sources told…

all stories

Lightning AI raises $50M to eliminate AI development headaches

NetApp’s stock rises after raised profit and sales guidance, citing strong cloud storage demand

KKR leads $370M investment in hotel analytics provider Lighthouse

HP launches Enterprise Security Edition to strengthen business PC protection

Enveda Biosciences raises $130M to advance AI-driven drug discovery from natural compounds

Dell’s AI evolution: Driving tangible innovation through open standards and scalable systems

Elastic shares surge 16% as company beats quarterly earnings and revenue expectations

Direct liquid cooling emerges as key to exascale computing efficiency

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