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Security

IBM reports average breach costs hit record $4.88M in 2024, up 10% from last year

By Duncan Riley Jul 30, 2024

A new report from IBM Corp. today finds that the average cost of data breaches in 2024 has hit a record high of $4.88 million, up 10% from 2023 as breaches grow more disruptive…

AI

Zuckerberg unveils new advances in computer vision AI at SIGGRAPH

By Mike Wheatley Jul 29, 2024

Meta Platforms Inc.’s artificial intelligence research team has followed up with a sequel to the popular Segment Anything machine learning model that was released last summer. Segment Anything 2 was announced by Meta Chief…

Cloud

Network security firm F5’s stock makes strong gains on solid earnings beat

By Mike Wheatley Jul 29, 2024

A solid earnings beat and strong guidance helped push shares of the application services provider F5 Inc. much higher in extended trading today. The company reported fiscal third-quarter earnings before certain costs such as stock…

Cloud

ESG compliance startup osapiens closes $120M funding round

By Maria Deutscher Jul 29, 2024

Germany-based regulatory compliance startup osapiens Services GmBH today divulged that it has closed a $120 million investment led by Goldman Sachs. The Series B round follows a year in which osapiens claims to have…

AI

Altana raises $200M for its supply chain analytics platform

By Maria Deutscher Jul 29, 2024

Altana Technologies Inc., a startup that helps organizations fix regulatory compliance and reliability issues in their supply chains, has raised $200 million from investors. The company announced the Series C round today. US Innovative…

AI

Nvidia expands microservices library and support for 3D and robotic model creation

By Paul Gillin Jul 29, 2024

Nvidia Corp. announced today at the Siggraph conference in Denver that it’s significantly expanding its library of Nvidia Inference Microservices to encompass physical environments, advanced visual modeling and a wide variety of vertical applications.…

AI

Midrange and open-source large language models earn top marks in new AI accuracy benchmark

By Maria Deutscher Jul 29, 2024

Artificial intelligence startup Galileo Technologies Inc. today released the results of a benchmark test that compared the accuracy of the industry’s most popular large language models. The Hallucination Index, as the benchmark is called,…

AI

On theCUBE Pod: A look ahead to Supercloud 7 and a data platforming analysis

By Ryan Stevens Jul 29, 2024

The blowback continues tied to the massive outage from CrowdStrike Holdings Inc., having hit an estimated 8.5 million computers running Windows. Providing an CrowdStrike outage impact analysis was a main focus for theCUBE Research…

Cloud

Virtual networking startup ZeroTier raises $13.5M to juice product development

By Duncan Riley Jul 29, 2024

Virtual networking startup ZeroTier Inc. announced today that it has raised $13.5 million in new funding to boost product development and geographic expansion. Along with the funding, ZeroTier also announced that Andrew Gault is…

Cloud

A close look at JPMorgan’s aggressive cloud migration

By Paul Gillin Jul 27, 2024

With more than 300,000 employees and operations in more than 100 countries, JPMorgan Chase & Co. is a vast and complex organization. But that hasn’t stopped the world’s largest bank from implementing an ambitious…

the latest

IBM reports average breach costs hit record $4.88M in 2024, up 10% from last year

Network security firm F5’s stock makes strong gains on solid earnings beat

Altana raises $200M for its supply chain analytics platform

Nvidia expands microservices library and support for 3D and robotic model creation

Midrange and open-source large language models earn top marks in new AI accuracy benchmark

On theCUBE Pod: A look ahead to Supercloud 7 and a data platforming analysis

Virtual networking startup ZeroTier raises $13.5M to juice product development

A close look at JPMorgan’s aggressive cloud migration

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