VAST Data, a technology company focusing on all-flash enterprise data storage, today announced the expansion of its offerings with the launch of VAST Data Platform, a unified new data computing platform for the age of AI.
Available today, the platform brings together storage, database and virtualized compute engine services in a scalable system to help enterprises go beyond traditional reporting…
Wisecut, an AI-powered automatic video editing platform, has announced the successful completion of an investment round from esteemed Silicon Valley investor Tim Draper, who made an impromptu pledge of $1 million to the company.
Founders Ivo and Vicente Machado met with Tim…
Advanced Micro Devices reported that revenue in its second quarter was $5.36 billion, down 18% from a year earlier as the client PC market continues to climb back during the economic downturn.
But investors took the report as good news, as AI-related stocks such as AMD…
Advanced Micro Devices CEO Lisa Su said she foresees the PC market to grow seasonally in the second half of the year with better inventory levels across the supply chain.
The big chip maker executed well in the second quarter, launching multiple leadership products, significantly expanding AI engagements and ramping the latest Zen 4 Epyc and Ryzen product families, Su said in a call with…
Neon, a serverless PostgreSQL database company, announced it has successfully raised $46 million in a series B round of funding.
This brings the company’s total funding raised to $104 million. Neon launched its service in 2022. The new funding round was led by Menlo…
McKinsey and Company is no stranger to generative artificial intelligence (gen AI): around half of the global consulting giant’s employees were said to be using the technology as of earlier this summer.
But it’s not the only org to see a rapid uptake of gen AI. Indeed, a…
Dell Technologies is looking to help customers navigate the generative AI landscape with a new portfolio of solutions announced Monday.
The new Dell Generative AI solutions portfolio expands on an initial announcement the company made in May under the name Project Helix, which involves a deep integration with Nvidia. As part of the Dell Generative AI portfolio, the company is announcing new…
In recent years, large diffusion models such as DALL-E 2 and Stable Diffusion have gained recognition for their capacity to generate high-quality, photorealistic images and their ability to perform various image synthesis and editing tasks.
But concerns are arising about…
Google’s DeepMind has announced Robotics Transformer 2 (RT-2), a first-of-its-kind vision-language-action (VLA) model that can enable robots to perform novel tasks without specific training.
Just like how language models learn general ideas and concepts from web-scale…
The more integrated AI, automation and threat intelligence are across tech stacks and SecOps teams, the stronger they make an enterprise against breaches. Follow-on benefits include greater cyber-resilience, and spending less on data breaches than enterprises with no AI or automation defenses at all.
IBM Security’s 2023 Cost of a Data Breach Report provides compelling evidence that investing in…