Paul Gillin
Latest from Paul Gillin
Transcription-as-a-service startup Deepgram lands $47M in funding
Deepgram Inc., maker of artificial intelligence-based automated transcription technology it delivers as a service, today announced that it has raised an additional $47 million to complete a previously announced Series B venture round of $72 million, bringing its total funding to $86 million. San Francisco-based Deepgram’s voice-recognition engine covers more than 30 languages and uses ...
CLOUD SPECIAL REPORT
Cloud marketplaces transform how business software is bought and sold
Palo Alto Networks Inc. has seen the future and it is in marketplaces. Although it won’t provide a lot of details, the cybersecurity giant, with nearly $7 billion in annual revenue, believes that the marketplaces operated by the big hyperscale cloud platform providers will be its biggest source of revenue growth going forward. “It’s not ...
Alluxio boosts scalability and adds multitenant support
Alluxio Inc., the developer of an open-source distributed filesystem for use in data-intensive applications, today announced version 2.9 of its Data Orchestration Platform. The new release features a new scale-out, multitenant architecture, cross-environment synchronization, improved manageability and better support for the Kubernetes orchestrator for software containers. It also boosts security and performance improvements through the ...
SUPERCOMPUTING SPECIAL REPORT
How AI has made hardware interesting again
Lawrence Livermore National Laboratory has long been one of the world’s largest consumers of supercomputing capacity. With computing power of more than 200 petaflops, or 200 billion floating-point operations per second, the U.S. Department of Energy-operated institution runs supercomputers from every major U.S. manufacturer. For the past two years, that lineup has included two newcomers: ...
Neo4j boasts of speed and scalability improvements in new version of its graph database
Neo4j Inc., maker of the most widely used graph database, today is releasing version 5 of its core engine to general availability, boasting major performance and scalability improvements. Graph databases have the unique ability to represent complex relationships in a way that enables rapid navigation between elements to discover correlations The company’s AuraDB managed service ...
VMware targets remote workers with beefed-up SD-WAN client
Targeting the more than 25 million people who are now working primarily from home in the U.S. alone, VMware Inc. today announced a new client for use in software-defined wide-area network scenarios that it said provides enterprise-grade security, network quality and management features. The company also said it’s expanding its SD-WAN and secure access service ...
Native Python support tops list of new Snowflake features for developers
Cloud data provider Snowflake Inc. today announced it’s adding support for the Python programming language favored by data scientists to its Data Cloud and tightening integration with the collaboration platform it picked up with the acquisition of Streamlit Inc. in March. Snowpark for Python incorporates Python into the Snowpark development framework, which provides application program interfaces ...
Amplitude beats estimates on record bookings
Amplitude Inc., a maker of marketing-oriented analytics software that staged a successful international public offering a year ago, bucked the recent trend among tech companies by reporting third-quarter results yesterday that exceeded analysts’ expectations. Revenue of $61.6 million beat Wall Street expectations of $60.1 million and the loss of three cents per share was better ...
Kyndryl’s loss widens but company says strategy is on track
Kyndryl Holdings Inc., the services business that spun out of IBM Corp. a year ago, reported flat revenues and a larger loss in its 2023 fiscal second-quarter earnings released today. Revenue fell 9% from a year ago, to $4.2 billion but grew 2% in constant currency on a pro forma basis. The company reported a ...
Informatica CEO unbowed by market tumult: ‘This is not our first rodeo at a tough economic time’
In announcing third-quarter revenues Wednesday that undershot analyst estimates by about 5%, data integration giant Informatica Corp. cited many of the same factors as other companies who have reported earnings over the past two weeks: global economic uncertainty, the war in Europe, rising inflation and the resulting reluctance by customers to commit to big deals. ...