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VMware Customers Cautious after Recent Broadcom Actions
Broadcom is moving quickly in undertaking several critical initiatives with VMware that, while likely beneficial to Broadcom shareholders over the long term, are causing uncertainty among many VMware customers.
VAST Data More Than Doubles Valuation to $9.1B in Latest Funding Round
VAST Data recently announced a $118 million in a Series E funding round, elevating its valuation to $9.1 billion post-money. The valuation is more than double that of VAST’s previous funding round.
SentinelOne Earnings Validates Strategy
SentinelOne released earnings for its most recent quarter that beat consensus estimates for the top and bottom line for the third consecutive quarter, showing a dramatic year-over-year increase in revenue, annual recurring revenue (ARR), and growth in gross margin.
IBM And Meta Launch an AI Alliance for Safe AI
Created by IBM and Meta, the AI Alliance is a testament to the belief that open and transparent innovation is crucial for harnessing AI advancements in a way that prioritizes safety, diversity, and widespread economic opportunity.
IBM Introduces New Quantum Computing Processors & Platforms
IBM recently announced significant advancements in both quantum processors and platforms for quantum computing at its Quantum Summit 2023.
In doing so, IBM highlighted several significant advancements in quantum computing, showcasing the company’s commitment to pushing the boundaries of this revolutionary technology.
Elastic Shows Robust Growth on the Back of GenAI & Cloud Expansion
Elastic demonstrated an impressive performance in its latest earnings release, handily beating consensus estimates for revenue and EPS, and even surprised Wall Street with its forecast. The earnings showed Elastic making significant strides across every segment of its business.
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