Paul Gillin
Latest from Paul Gillin
Apple revenue falls and it expects decline to continue in the current quarter
Apple Inc. beat modest Wall Street expectations for sales and profits in its fiscal third quarter, with strong iPhone sales in China helping compensate for a global decline in the smartphone market, but its third consecutive quarter of declining revenues was the longest losing streak the company has had since 2016. Revenue fell 1.4%, to ...
Hailo expands its AI processor line at the high and low ends
Hailo Technologies Ltd., a startup that makes processors optimized for artificial intelligence, today announced it has expanded its Hailo-8 AI accelerator product line to include a Peripheral Component Interconnect Express card for high-end deployments and a low-end offering called Hailo-8L for entry-level uses. The Tel Aviv-backed firm, which has raised nearly $224 million in funding, ...
Informatica beats the Street and touts AI’s potential upside to its business
Shares of Informatica Inc. climbed more than 4% in after-hours trading today as a maker of integration software reported revenues and earnings that soundly beat expectations. Revenues rose 1.1% over the same quarter a year ago, to $376 million, which was well above the $360.6 million analysts had expected. Subscription annual recurring revenue, which is ...
Neon lands $46M for its serverless Postgres database management system
Neon Inc. a two-year-old startup that’s building a serverless version of the open-source Postgres database management system, said today that it has raised $46 million in Series B funding, bringing its total fundraising to $104 million. Postgres, which is also known as PostgreSQL, grew out of the commercial Ingres DBMS developed in the 1980s and ...
Ansys supplements customer support with generative AI agent
Engineering simulation software vendor Ansys Inc. today announced a limited beta release of a multilingual, conversational, virtual assistant that uses generative artificial intelligence technology and runs across its portfolio. AnsysGPT was developed with OpenAI LLC’s ChatGPT technology on the Microsoft Corp. Azure cloud using Ansys public data. It can be used to answer technical questions ...
Groopit brings its ‘crowdsolving’ service to Salesforce
Groopit Inc. said its crowdsourcing service has been integrated with Salesforce Inc.’s customer relationship management software to enable sales leaders to harvest input from across their organizations. Groopit enables managers to gather data in real-time for the purposes of competitive intelligence, product feedback, customer insights and other purposes. Its platform is an underlying insight-sharing engine that ...
IBM misses on revenue but sees AI leading a new round of growth
IBM Corp., which is typically the first major information technology company to report earnings each quarter, today beat profit expectations and narrowly missed revenue forecasts in its fiscal first quarter but set an optimistic tone for the rest of the year. The company cited double-digit revenue growth in two strategic business areas — Red Hat ...
Qualtrics folds generative AI into its entire line of customer and employee feedback products
Qualtrics International Inc. today announced what it says is the most significant upgrade of its platform for collecting feedback from employees and customers in six years: a round of new artificial intelligence-based features that improve the quality of information gathered about customers and employees as well as responses to that input. The announcement of XM/os2 ...
Nasuni says it can restore millions of files hit by ransomware in seconds
Nasuni Corp., a provider of cloud file services, today added targeted restore capabilities to its Nasuni Ransomware Protection service that reduce investigation time and speed recovery. The company also said it has integrated its software with Microsoft Corp.’s Sentinel cloud-based security information and event management platform. Noting that distributed file shares create a greater vulnerability ...
Automox enlists ChatGPT to create scripts for endpoint device management
Automox Inc., the maker of a cloud-native platform for managing Windows, macOS and Linux endpoint devices, is adding generative artificial intelligence capabilities that enable users to create automation scripts using natural language. Automox’s service can store and execute scripts that perform hundreds of standard systems management tasks such as installing and uninstalling applications and patches, ...