Amid the generative AI boom, companies are spending a lot on cloud infrastructure — and they’re concerned about it. According to a 2024 survey from cloud cost monitoring platform CloudZero, less than half of companies think that they have “healthy” cloud costs, with 58% saying their costs are too high. A number of public cloud […]
Archera helps customers access deep cloud discounts Read More »
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
Coder nabs new funds to move dev environments to the cloud Read More »
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
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
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
Finout lands cash to grow its cloud spend management platform Read More »
It’s tough to say that a $100 billion business finds itself at a critical juncture, but that’s the case with Amazon Web Services, the cloud arm of Amazon, and the clear market leader in the cloud infrastructure market. On Tuesday, the company announced that CEO Adam Selipsky was stepping down to spend more time with
Matt Garman taking over as CEO with AWS at crossroads Read More »
As cloud adoption continues to surge toward the $1 trillion mark in annual spend, we’re seeing a wave of enterprise startups gaining traction with customers and investors for tools to help manage that usage. In the latest development, a startup called Alkira has raised $100 million for “network infrastructure as a service,” which lets users
Alkira connects with $100M for a solution that connects your clouds Read More »
The appetite for alternative clouds has never been bigger. Case in point: CoreWeave, the GPU infrastructure provider that began life as a cryptocurrency mining operation, this week raised $1.1 billion in new funding from investors including Coatue, Fidelity and Altimeter Capital. The round brings its valuation to $19 billion post-money, and its total raised to
Alternative clouds are booming as companies seek cheaper access to GPUs Read More »
