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AI

What to expect at ‘The AI-ready Platform: Nutanix Simplifies Enterprise AI’ event: Join us on Nov. 12

By Victoria Gayton Nov 1, 2024

As enterprises increasingly seek to build, deploy and scale AI applications, the demand for versatile AI-ready infrastructure has intensified. Nutanix Inc., a frontrunner in this space, recently saw its stock soar over 15%, driven by…

AI

Report: Chinese researchers used Llama 13B to build chatbot optimized for military use

By Maria Deutscher Nov 1, 2024

Researchers in China have reportedly used Meta Platforms Inc.’s Llama 13B artificial intelligence model to develop a chatbot optimized for military use. Reuters detailed the project today, citing academic papers and analysts. Llama is…

Policy

Election 2024: Implications to the tech industry if Kamala Harris or Donald Trump wins

By Zeus Kerravala Nov 1, 2024

Next week, the U.S. will have its presidential election, and Donald Trump versus Kamala Harris is as close a race as we have ever had in this country. As the election has drawn closer,…

AI

AI drives a cloud resurgence, but it’s costing a lot

By Robert Hof Nov 1, 2024

Generative artificial intelligence is driving a resurgence in cloud spending, as earnings results from Amazon Web Services and Google this week both saw upside from forecasts. Even Microsoft’s disappointing Azure revenue forecasts came from not having enough infrastructure…

Apps

Apple beats Wall Street’s targets as iPhone 16 sales get off to a solid start

By Mike Wheatley Oct 31, 2024

Apple Inc. topped Wall Street’s expectations on earnings and revenue as it delivered its fiscal fourth-quarter earnings results today, but its stock wavered in extended trading after it reported yet another decline in sales…

Policy

Russia hits Google with astronomical fine over YouTube bans

By James Farrell Oct 31, 2024

A Russian court today announced that Google LLC owes the Kremlin a staggering 2 trillion rubles for restricting Russian state media channels on YouTube. Two undecillion rubles – a 2 followed by 36 zeroes…

Infra

Intel surprises Wall Street with solid earnings and revenue, but success in AI remains elusive

By Mike Wheatley Oct 31, 2024

Intel Corp. today delivered better-than-expected earnings results and issued guidance for the coming quarter that topped Wall Street’s estimates — and as a result its stock made sharp gains, giving the beleaguered chipmaker a welcome…

Apps

Israeli fintech company Melio hits $2B valuation with $150M raised for B2B payment expansion

By Duncan Riley Oct 31, 2024

Israeli fintech company Melio Solutions Inc. announced today that it has raised $150 million in a new late-stage funding round on a $2 billion valuation to fuel its growth through strategic partnerships and enhance…

Cloud

Cloud growth helps Amazon to another earnings beat, and its stock jumps

By Mike Wheatley Oct 31, 2024

Strong growth in Amazon.com Inc.’s cloud and advertising businesses paved the way to another impressive earnings and revenue beat today. The company’s stock was moving higher in extended trading, even though its guidance for…

Security

Israeli AI security startup Noma launches with $32M to secure the ‘Data and AI Lifecycle’

By Duncan Riley Oct 31, 2024

Israeli artificial intelligence enterprise security startup Noma Security Inc. today launched and announced that it has raised $32 million in funding to enhance its end-to-end AI security platform and grow its customer base. Founded…

the latest

What to expect at ‘The AI-ready Platform: Nutanix Simplifies Enterprise AI’ event: Join us on Nov. 12

Report: Chinese researchers used Llama 13B to build chatbot optimized for military use

Election 2024: Implications to the tech industry if Kamala Harris or Donald Trump wins

AI drives a cloud resurgence, but it’s costing a lot

Apple beats Wall Street’s targets as iPhone 16 sales get off to a solid start

Russia hits Google with astronomical fine over YouTube bans

Intel surprises Wall Street with solid earnings and revenue, but success in AI remains elusive

Israeli fintech company Melio hits $2B valuation with $150M raised for B2B payment expansion

Cloud growth helps Amazon to another earnings beat, and its stock jumps

Israeli AI security startup Noma launches with $32M to secure the ‘Data and AI Lifecycle’

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