Hari Sivaraman is the Head of AI Content Strategy at Venturebeat. Modern day enterprise security is like guarding a fortress that is being attacked on all fronts, from digital infrastructure to applications to network endpoints. That complexity is why AI technologies such as deep learning and machine learning have emerged as a game-changing defensive weapon in the enterprise’s arsenal over…

IBM today acquired Instana, a German-American software firm that specializes in developing application performance management software. The acquisition represents IBM’s continued investment in hybrid cloud, big data, and AI capabilities. Terms of the deal weren’t disclosed. As workflows evolve, organizations are moving away from monolithic apps toward more complex distributed systems. With…

Abacus.AI (previously RealityEngines) is developing a service that automates machine learning model creation, deployment, and maintenance. Today the company raised $22 million in a series B round at an over $100 valuation. The round was led by Coatue, with participation from Decibel Ventures and Index Partners. The fresh capital comes as Abacus unveils Deconstructed, a suite of three standalone AI…

Boston-based DataRobot, a startup developing an end-to-end enterprise AI platform, today raised $270 million in an equity funding round led by Altimeter Capital. DataRobot says the pre-IPO round — which included new and existing investors T. Rowe Price, Blackrock, Silverlake, NEA, and Tiger — values the company at over $2.7 billion. The benefits of AI and machine learning can feel intangible…