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Cloud

Zuora exceeds second-quarter projections, raises fiscal 2025 revenue forecast

By Duncan Riley Aug 21, 2024

Shares in Zuora Inc. surged nearly 6% in late trading today after the cloud subscriptions services company beat earnings and revenue expectations in its fiscal 2025 second quarter and forecast a stronger-than-expected outlook. For…

AI

AI payment processing startup Skyfire launches with $8.5M in funding

By Maria Deutscher Aug 21, 2024

Skyfire Systems Inc., a startup with software that enables artificial intelligence models to make purchases, launched today with $8.5 million in initial funding. The investment included the participation of more than a dozen institutional…

Cloud

Zoom impresses with second-quarter earnings beat and upbeat guidance

By Duncan Riley Aug 21, 2024

Shares in Zoom Video Communications Inc. rose nearly 3% in late trading today after the online communications company impressed with beats in its fiscal 2025 second quarter and upbeat guidance. For the quarter ended…

AI

Nvidia, Microsoft release new small language models

By Maria Deutscher Aug 21, 2024

Nvidia Corp. today released a lightweight language model, Mistral-NeMo-Minitron 8B, that can outperform comparably sized neural networks across a range of tasks. The code for the model is available on Hugging Face under an…

Apps

UK antitrust watchdog closes Google, Apple probes to revise regulatory approach

By Maria Deutscher Aug 21, 2024

The U.K.’s antitrust regulator, the Competition and Markets Authority, has closed two parallel probes into Google LLC and Apple Inc. that focused on their business practices in the mobile market. Officials announced the decision…

AI

RingCentral debuts new AI capabilities for its RingCX contact center solution

By Zeus Kerravala Aug 21, 2024

The communications artificial intelligence wars continue unabated as every unified communications-as-a-service and contact center-as-a-service vendor loads its products with new capabilities to one-up the competition. Today RingCentral Inc. added several new capabilities to RingCX, its…

Cloud

Persistent Systems and Google Cloud form strategic alliance to drive innovation in AI and cybersecurity

By Victor Dabrinze Aug 21, 2024

Partnerships are the backbone of today’s value-focused landscape, with strategic alliances combining best-of-breed technologies to unlock new value delivery areas. Persistent Systems and Google Cloud have embraced this ethos wholeheartedly. Their partnership highlights the shift…

Blockchain

Story raises $80M for blockchain-based IP network to address creative ownership in the AI era

By Kyt Dotson Aug 21, 2024

Programmable IP Labs, the core contributor to the intellectual property-tracking blockchain network Story Protocol, today said it has raised $80 million in new funding. The Series B round, led by a16 crypto, brought the total…

AI

Private Cloud AI: HPE and Nvidia co-engineer solution with integrated storage and networking

By Victor Dabrinze Aug 21, 2024

Hewlett Packard Enterprise Co. Private Cloud AI is revolutionizing enterprise artificial intelligence by offering a powerful, turnkey solution that combines strong compute power, fast storage and user-friendly features. HPE’s latest innovation provides a compelling…

AI

Virtualization optimization leads HPE GreenLake’s charge in enhancing IT operations

By Brian Njuguna Aug 21, 2024

As enterprises continue to grapple with the virtual machine sprawl, the need for virtualization optimization has become more pressing for maximal resource utilization. Through out-of-the-box principles and cloud economics derived from HPE GreenLake, Hewlett…

explore news

AI payment processing startup Skyfire launches with $8.5M in funding

Zoom impresses with second-quarter earnings beat and upbeat guidance

Nvidia, Microsoft release new small language models

UK antitrust watchdog closes Google, Apple probes to revise regulatory approach

RingCentral debuts new AI capabilities for its RingCX contact center solution

Persistent Systems and Google Cloud form strategic alliance to drive innovation in AI and cybersecurity

Story raises $80M for blockchain-based IP network to address creative ownership in the AI era

Private Cloud AI: HPE and Nvidia co-engineer solution with integrated storage and networking

Virtualization optimization leads HPE GreenLake’s charge in enhancing IT operations

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