Enterprise

Palo Alto Networks CEO apologizes for happy hour display featuring women with lampshades on their heads

Cybersecurity giant Palo Alto Networks is getting a lot of grief for a recent trade show event in which two women posed with lampshades on their heads. The debacle — which unflatteringly recalls the CES booth babes of the early ’90s and 2000s — reportedly happened at a happy hour hosted by CyberRisk Collaborative and […]

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Definity raises $4.5M as it looks to transform data application observability

Modern enterprises run on data, but moving this data around and giving it the right shape so it can be used in specific applications remains a complex undertaking. Definity, which is launching out of stealth Wednesday and announcing a $4.5 million seed funding round, wants to give these companies the tools to observe, fix and

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Databricks reportedly paid $2 billion in Tabular acquisition

Analytics and AI giant Databricks reportedly paid nearly $2 billion when it acquired Tabular in June, a startup that was only doing $1 million in annual recurring revenue, according to Bloomberg. That’s a pretty outrageous exit multiple, and it was purportedly fueled by a battle between Databricks and Snowflake. Tabular had over $30 million in

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The first post-quantum cryptography standards are here

It’ll still be a while before quantum computers become powerful enough to do anything useful, but it’s increasingly likely that we will see full-scale, error-corrected quantum computers become operational within the next five to 10 years. That’ll be great for scientists trying to solve hard computational problems in chemistry and material science, but also for

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Encord lands new cash to grow its data labeling tools for AI

Labeling and annotation platforms might not get the attention flashy new generative AI models do. But they’re essential. The data on which many models train must be labeled, or the models wouldn’t be able to interpret that data during the training process. Annotation is a vast undertaking, requiring thousands to millions of annotations for the

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ArborXR secures $12M to boost its management platform for AR and VR devices

ArborXR, a startup that helps companies remotely manage AR and VR devices, believed that enterprise customers would be the primary targets for AR and VR devices. Now, that bet is paying off. On Tuesday, the company announced it has secured $12 million in funding, a Series A that will be used to develop and scale

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Why this AI startup is betting on voice-enabled bots to scale AI adoption in India

If your target market has 22 official languages and its people speak in over 19,000 dialects, does it make sense to offer a text-only AI chatbot that can function best in a couple languages? That’s the question Indian AI startup Sarvam has been working to solve, and on Tuesday it launched a series of offerings,

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Bharti will become BT’s biggest shareholder after buying a 25%, $4B stake from Altice

BT, the U.K.’s former incumbent telecoms carrier, is picking up a major new investor today as telecoms companies look for stronger footing in the rapidly-shifting technology and communications market. Bharti, the Indian tech and telecoms giant that owns Airtel among other assets, said it would purchase a 24.5% stake currently owned by Altice. Based on

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Box adds crucial piece to its AI platform with Alphamoon acquisition

Box announced on Thursday that it had acquired Alphamoon, a small Polish startup that specializes in intelligent document processing, a technology that helps companies extract metadata from dense text documents — think contracts and loan applications — automatically. The companies didn’t share the purchase price, but Box CEO Aaron Levie said the acquisition provides a

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Cohere co-founder Nick Frosst thinks everyone needs to be more realistic on what AI can, and cannot do

AI companies are gobbling up investor money and securing skyhigh valuations early in their lifecycle. This dynamic has many calling the AI industry a bubble. Nick Frosst, a co-founder of Cohere, which builds custom AI models for enterprise customers, recently said on TechCrunch’s Found podcast that he doesn’t think the AI industry is in a

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