In a strong endorsement to the value of artificial intelligence and machine learning, research firm Gartner predicts that half of cloud datacenters will be leveraging advanced robots by 2025. Gartner believes these AI-centered deployments will ramp up the operating efficiency of datacenters by a margin of 30%. So what role will robots play in cloud
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HoneyBook, a client management and financial platform for independent contractors, today announced that it raised $250 million in series E funding led by Tiger Global Management and existing investors. The round, which values the company at $2.4 billion, will be put toward hiring and product development as HoneyBook lays the groundwork for expansion overseas, according
Walmart will soon be enabling businesses across its vast global organization to design, build, and deploy their own voice and bot applications across multiple platforms for their specific audiences. The world’s largest retailer today announced plans to acquire technology assets of Botmock, a startup that has specialized software that makes it easy to build and
This article was contributed by Todd Blaschka, Chief Operating Officer at TigerGraph COVID-19 accelerated digital transformation among businesses and revolutionized ecommerce as we all adjusted to fluctuating lockdowns and quarantine mandates. The U.S. ecommerce market experienced ten years’ worth of growth in three months in early 2020 as consumers shopped almost exclusively online. COVID-19 created
Velocity, a Tel Aviv-based company offering a cloud-powered, “production-like” environment for software developers, today announced that it raised $17 million in series A financing led by Insight Partners with participation from Hetz, Greycroft, and individual investors. The startup says that the proceeds will enable Velocity to create a U.S. office suite and expand its team,
According to a new survey by Entrust, only 31% of employees at enterprise companies report having received training on ransomware attacks. The survey found that the COVID-19 pandemic drove significant data security training efforts at hybrid workplaces around the world. The vast majority of enterprise business leaders who responded (81%) said their company had offered
This post was written by Amit Rosenzweig, CEO of Ottopia. Teleoperation: the technology that enables a human to remotely monitor, assist and even drive an autonomous vehicle. Teleoperation is a seemingly simple capability, yet it involves numerous technologies and systems in order to be implemented safely. In the first article of this series, we established
Let the OSS Enterprise newsletter guide your open source journey! Sign up here. Enterprise-grade open source infrastructure software provider Suse has acquired NeuVector, a container security platform that helps companies secure their apps on any infrastructure. Suse said the deal constitutes both cash and stock to a total valuation of $130 million. The news comes as companies across the spectrum turn
DeepMind is mostly known for its work in deep reinforcement learning, especially in mastering complicated games and predicting protein structures. Now, it is taking its next step in robotics research. According to a blog post on DeepMind’s website, the company has acquired the rigid-body physics simulator MuJoCo and has made it freely available to the
Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next. Sometimes it’s the obvious things that are overlooked. Why aren’t there pictures of women building robots on the internet? Or if they are there, why can’t we find them when we search? I have spent years decades
Much has been written about struggles of deploying machine learning projects to production. As with many burgeoning fields and disciplines, we don’t yet have a shared canonical infrastructure stack or best practices for developing and deploying data-intensive applications. This is both frustrating for companies that would prefer making ML an ordinary, fuss-free value-generating function like
One of the world’s largest open source software (OSS) foundations, the Eclipse Foundation, this week announced an invitation to leaders in the technology sector to join in the commencement of a new working group initiative specifically focused on developing a new grade of open source software-defined vehicles. Alongside the Eclipse Foundation are several top industry
In the world of cybersecurity, speed kills. In less than 20 minutes, a skilled adversary can break into an organization’s network and start exfiltrating critical data assets, and as the volume of data modern companies produce increases, it’s becoming ever more difficult for human analysts to spot malicious activity until it’s too late. This is
Cnvrg.io, the Intel-owned company that offers a platform to help data scientists build and deploy machine learning applications, has opened early access to a new managed service called Cnvrg.io Metacloud. The offering, as the company explains, gives AI developers the flexibility to run, test, and deploy AI and machine learning (ML) workloads on a mix
Telecom giant AT&T and Mountain View, California-headquartered AI cloud company H2O have jointly launched an artificial intelligence feature store for enterprises. The repository, available as a paid software platform, enables data scientists, developers, and engineers to discover, share, and reuse machine learning features to speed up their AI project deployments. According to the companies, it
Microsoft today announced that it acquired Two Hat, an AI-powered content moderation platform, for an undisclosed amount. According to Xbox product services CVP Dave McCarthy, the purchase will combine the technology, research capabilities, teams, and cloud infrastructure of both companies to serve Two Hat’s existing and new customers and “multiple product and service experiences: at
New research from Netenrich has found that 83% of companies suffer incapacitating business damage if they are down for 24 hours or more. Recent surges of ransomware and other attacks are creating tremendous business risk, yet security resources remain modest at around 30% of IT budgets. The disconnect between business risk and resources continues, as
According to a new Forrester study commissioned by Cyware, 64% of respondents note that sharing cyber threat intelligence between their organizations’ security operations center (SOC), incident response, and threat intelligence teams is limited. Chief information security offers (CISOs) must better understand the technology and data access challenges preventing their SOCs from enabling the holistic defense
Yugabyte, the company behind the distributed Structured Query Language (SQL) database YugabyteDB, today announced that it raised $188 million in a series C round, bringing the company’s total raised to $291 million with a $1.3 billion valuation. CEO Bill Cook says that the capital will be used to further grow Yugabyte’s field and engineering teams
Mountain View, California-based Viakoo, a company that automates IoT security for enterprises, today announced it has raised $10 million in a series A round of funding led by Shasta Ventures and existing investors Stanley Black & Decker, PivotNorth Capital, and Blue Fog Capital. As the number of IoT devices continues to increase at home and
A new cybersecurity training range with a software platform powered by Cyberoperations Enhanced Network and Training Simulators (CyberCents) has opened in Fort Lauderdale, Florida. The next-gen training facility at the Alan B. Levan Center at Nova Southeastern University is aimed at filling the cybersecurity skill gaps that currently exist globally. It’s located at the NSU
Conversational AI company LivePerson today announced that it acquired two companies for an undisclosed sum: VoiceBase and Tenfold. VoiceBase provides speech recognition and conversational analytics, while Tenfold develops a platform for integrating communication systems with customer relationship management software and support services. LivePerson CEO Rob LoCascio says that folding VoiceBase and Tenfold into its existing
Los Angeles, California-based Trellis, an algorithm-powered research platform for litigators, today announced that it raised $14.1 million in a series A round led by Headline Ventures, with participation from Calibrate and individual investors. The company, which has raised $20 million in capital to date, plans to spend the money on expanding Trellis’ headcount and further
According to a recent survey from technology intelligence platform Snow Software, 68% of IT leaders have a hybrid cloud strategy, implying that it comprises public and private clouds. Yet the management of cloud and infrastructure are not devoid of bottlenecks. The data states that the positive impacts of the cloud (as perceived by the survey
More than three-quarters of companies say that they have AI models that never come into use. For 20% of companies, the numbers look even worse, with only 10% of their models making it into production. That’s according to a new survey commissioned by Run:AI, which found that infrastructure challenges are causing resources to sit idle
Even as cybersecurity threats rise, a few American organizations still continue to operate without a defense plan or strategy, Deloitte reported Tuesday. In its 2021 Future of Cyber survey, the accounting and consulting firm revealed that 98% of U.S. executives said their organizations had experienced at least one cybersecurity incident over the past year —
According to Kasada’s “2021 State of Bot Migration report,” most companies (83%) surveyed experienced at least one bot attack in the last year, resulting in loss of revenue and increased operational costs. Of those, 77% lost 6% or more of their revenue due to bot attacks, and 39% reported a revenue loss of 10% or
Y42, a platform that enables anyone in a company to build an enterprise-grade data stack with minimal coding, has raised $31 million in a series A round of funding led by Atomico and Insight Partners. The value of combining data from across various SaaS applications, such as CRM, marketing, and product analytics, is well understood
Virtru, a well-known name in data encryption and privacy, has launched an external zero-trust key-management solution expressly for admins of the Google Cloud Platform (GCPs). Virtru’s cloud-based software protects data throughout its lifecycle as it travels through email and file-sharing platforms, including SaaS solutions, cloud environments, and a diverse range of file ecosystems. It is
Chatbots have a checkered past of often not delivering the performance their providers have promised. This is especially true in the IT service management (ITSM) and multilingual NLP spaces, where service desks found support teams deluged with complaints — yes, about the support chatbots. Just getting English language nuance right and how enterprises communicate often
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