cloud

TensorWave thinks it can break Nvidia’s grip on AI compute with an AMD-powered cloud

Enterprise /

Chipmaker Nvidia notched $30 billion in revenue last fiscal quarter, driven in large part by the AI industry’s insatiable demand for GPUs. GPUs are essential for training and running AI models; they contain thousands of cores that work in parallel to quickly perform the linear algebra equations scaffolding the models. The appetite for AI remains […]

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Eon emerges from stealth with $127M to bring a fresh approach to back up cloud infrastructure

Fundraising /

A team of founders who sold their last company to Amazon to build a new business within AWS is setting out to reinvent the tricky business of backing up an organization’s cloud infrastructure. Today, Eon — as their new startup is called — is coming out of stealth with a product, a set of customers,

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GitHub will allow enterprise cloud customers to store data in the EU

Government & Policy /

GitHub will soon allow cloud customers to store their code data in the European Union (EU), part of a growing push in the technology realm to meet regulatory requirements and customer expectations around data protection — particularly where sensitive information might be at play, such as in the public sector or finance and health care

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Coder nabs new funds to move dev environments to the cloud

Startups /

Devs often rely on local environments — i.e. their laptops — to write, build and test code before shipping it to a cloud service to integrate and deploy it. There’s nothing wrong with that approach. But local development can introduce challenges, like conflicts between dev environments and, in the worst case, security exploits. The usability

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Hundreds of Snowflake customer passwords found online are linked to info-stealing malware

Security /

Cloud data analysis company Snowflake is at the center of a recent spate of alleged data thefts, as its corporate customers scramble to understand if their stores of cloud data have been compromised.  The Boston-based data giant helps some of the largest global corporations — including banks, healthcare providers and tech companies — store and

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Live Nation confirms Ticketmaster was hacked, says personal information stolen in data breach

Security /

Entertainment giant Live Nation has confirmed its ticketing subsidiary Ticketmaster has been hacked. Live Nation confirmed the data breach in a filing with government regulators late on Friday after the markets closed. In its statement, Live Nation said the breach occurred on May 20, and that a cybercriminal “offered what it alleged to be Company

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Finout lands cash to grow its cloud spend management platform

Enterprise /

In 2021, Roi Ravhon, Asaf Liveanu and Yizhar Gilboa came together to found Finout, an enterprise-focused toolset to help manage and optimize cloud costs. (We covered the company’s launch out of stealth in 2022.) Ravhon, Finout’s CEO and previously the director of engineering at observability platform Logz.io, says that he was spurred to start Finout

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