Companies don’t necessarily have to produce breakthrough technology to gain market traction. Undercutting rivals on price can be enough to make a dent in a competitive sector. So can leaning on connections to land customers in need of a timely solution to a problem. nOps is an example of this. Like countless other vendors, nOps […]
nOps lands $30M to optimize AWS customers’ cloud spend Read More »
Red Hat offers a number of major infrastructure platforms, with offerings like the Ansible automation service, the Kubernetes-based OpenShift container platform, and the OpenStack platform for those who are looking for an end-to-end service that can manage an entire data center. Last year, the company announced that it would tightly integrate these two platforms and
Red Hat’s OpenStack Services are now generally available on its OpenShift platform Read More »
Redis, the company behind the popular in-memory data store, which is often used as a cache, vector database or streaming engine, today announced the launch of Redis 8. With this release, the company is doubling down on Redis as a vector database for AI use cases and launching an AI Copilot the help developers more
After changing its license, Redis drops its biggest release yet Read More »
Companies are experimenting with services like ChatGPT to help workers write memos, answer questions, and much more, yet one of the clearest signs of how much traction AI is really getting in the world of enterprise IT is how often it figures in the more routine applications that organizations use. Today, a startup that exemplifies
Opkey, an AI-based ERP testing platform, raises $47M Read More »
Grim news coming in from Sicily, Italy. Mike Lynch, the U.K. investor and founder of IT company Autonomy, has been identified as one of two bodies recovered from the Bayesian, the yacht that sunk off the coast of Sicily early Monday, according to several reports coming out of the country that cite the Chief of
Grafana Labs, the open-source company that probably powers at least a few operational dashboards in your company, today announced the completion of a primary and secondary transaction worth about $270 million, with the proceeds going to the company and some of its stockholders. The company describes this as an extension to its $240 Series D
Grafana Labs raises $270M | TechCrunch Read More »
After tech giant Cisco announced plans for its second round of layoffs this year, employees tell TechCrunch that they will not know if they are affected for close to a month. Earlier this month, Reuters reported that Cisco was planning a second round of layoffs this year, after letting go of around 4,000 workers in
Cisco employees face a month of silence ahead of second layoff in 2024 Read More »
Fabric Cryptography, a hardware startup by MIT and Standford dropouts (and married couple) Michael Gao and Tina Ju, wants to make modern cryptographic techniques like zero-knowledge proof (which lets you prove things without giving up exactly what you know) and fully homomorphic encryption (which enables you to work with encrypted data without decrypting it) ubiquitous.
How Fabric plans to make advanced cryptography ubiquitous Read More »
The AI industry continues to release tons of new models, and companies looking to stay competitive are racing to adopt them for their purposes. In fact, nearly 10% of businesses plan to spend a whopping $25 million this year on AI initiatives, according to tech consulting firm Searce. But while lots of money is being
Eppo lands new cash to grow its app, website and AI experimentation business Read More »
Update: Authorities have yet to access the inside of the sunken yacht, and Mike Lynch is still classified as missing. Other details have emerged in the interim. The accident appears to have been caused by a major storm and a resulting tornado-like water column that ensnared and damaged the yacht. Among the other six people
