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Cloud

VMware goes all-in on the private cloud, as Broadcom unit showcases AI and counters price concerns

By Mark Albertson Aug 27, 2024

Over the past year, the operational word for virtualization giant VMware’s strategic approach has been “private.” From the announcement of its Private AI initiative last August to the unveiling of the latest version of…

Security

Cisco snaps up AI model and data security startup Robust Intelligence

By Mike Wheatley Aug 27, 2024

Cisco Systems Inc. said Monday it’s finalizing the acquisition of an artificial intelligence-focused security startup called Robust Intelligence Inc. for an undisclosed price. Robust Intelligence has created a platform that’s designed to protect AI…

Cloud

Shares of Box surge in extended trading as generative AI bets start paying off

By Mike Wheatley Aug 27, 2024

Shares of the cloud content company Box Inc. rose in after-hours trading today after it delivered second-quarter financial results that surpassed estimates and it raised its full-year forecast. The company reported earnings before certain…

AI

OpenAI reportedly preparing to launch new ‘Strawberry’ AI model

By Duncan Riley Aug 27, 2024

OpenAI is reportedly preparing to launch a new artificial intelligence product with advanced features that can solve problems and tasks that are beyond current AI models. First reported by The Information, the new model…

Security

SentinelOne achieves second-quarter profitability thanks to strong customer growth

By Duncan Riley Aug 27, 2024

Shares in SentinelOne Inc. rose only slightly in after-hours trading today after the cybersecurity company reported modest earnings and revenue beats in its fiscal 2025 second quarter and forecast a better-than-expected outlook for the full year.…

Security

Researchers discover China-linked hacking campaign targeting US internet providers

By Maria Deutscher Aug 27, 2024

Hackers are using a vulnerability in a network management tool to launch cyberattacks against U.S. internet providers. Black Lotus Labs, the cybersecurity research unit of telecommunications company Lumen Technologies Inc., revealed the hacking campaign today.…

Cloud

Gen AI private cloud solutions take center stage in AI security and innovation

By Victoria Gayton Aug 27, 2024

In an effort to transform how businesses are managing and securing artificial intelligence workloads, companies are turning to gen AI private cloud technology. By offering a dedicated environment for AI development, these private clouds…

Security

Check Point Software acquires cybersecurity startup Cyberint

By Maria Deutscher Aug 27, 2024

Check Point Software Technologies Ltd. today announced that it’s acquiring Cyberint Technologies Ltd., a venture-backed cybersecurity startup. Financial terms were not disclosed. Tel Aviv-based Cyberint previously raised about $68 million in funding from investors.…

Big Data

Dremio says it has dramatically improved query performance on Iceberg data lakes

By Paul Gillin Aug 27, 2024

Data lakehouse company Dremio Corp. today announced a set of advanced analytics performance capabilities that it says significantly speed query performance on Apache Iceberg tables while reducing the need for user intervention. The two…

Big Data

Data management startup Cribl nabs $319M at $3.5B valuation

By Maria Deutscher Aug 27, 2024

Cribl Inc., a startup with a suite of data management tools for enterprises, has closed an oversubscribed late-stage investment worth $319 million. The Series E deal, which was announced this morning, included $200 million…

the latest

VMware goes all-in on the private cloud, as Broadcom unit showcases AI and counters price concerns

Cisco snaps up AI model and data security startup Robust Intelligence

Shares of Box surge in extended trading as generative AI bets start paying off

OpenAI reportedly preparing to launch new ‘Strawberry’ AI model

SentinelOne achieves second-quarter profitability thanks to strong customer growth

Researchers discover China-linked hacking campaign targeting US internet providers

Gen AI private cloud solutions take center stage in AI security and innovation

Check Point Software acquires cybersecurity startup Cyberint

Dremio says it has dramatically improved query performance on Iceberg data lakes

Data management startup Cribl nabs $319M at $3.5B valuation

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