Enterprise

OpenStack, the open-source infrastructure-as-a-service project that helps enterprises manage their on-premise data centers, was never known to be easy to install and operate. That meant that very few enterprises set up their own OpenStack deployments, working with third-party vendors and consultant

Many companies collect an enormous amount of geospatial and time data, but they're unable to unlock enormous value from that information due to a lack of an easy-to-use, dedicated geospatial database platform. Scottsdale, Arizona-based Wherobots aims to change that with its spatial compute and

MLOps, or DevOps for those working with machine learning models, has seen a boom of interest in the last year, and that should come as no surprise: organizations want to bring more machine learning to bear in their data science stacks, but that requires building and training models, cleaning up dat

Salesforce is launching a new suite of products aimed at bolstering its position in the ultra-competitive AI space. Called AI Cloud, the suite, which includes tools designed to deliver “enterprise ready” AI, is Salesforce’s latest cross-disciplinary attempt to augment its product

Nasdaq today revealed that it’s doling out $10.5 billion to acquire Adenza, a company that develops risk-management and related regulatory software for the financial services market. The megabucks deal, which constitues an even mix of cash and stock, will extend Nasdaq’s serviceable add

Percepto, a drone startup that is building a sizable business with its software and hardware for industrial drone applications, is today announcing a big round of funding to take its operations to the next level — both literally and figuratively. The startup — headquartered in Austin, T

A former executive of Samsung Electronics stole the juggernaut’s confidential semiconductor data to build a copycat chip facility in China, South Korean prosecutors alleged on Monday. The 65-year-old defendant, who also previously worked for Korean chipmaker SK Hynix, has been arrested. He ha

Nigerian communications platform-as-a-service startup Termii has raised $3.65 million in new financing, bringing its total funding to date to slightly more than $5 million. According to CEO Gbolade Emmanuel, in a chat with technewss, the funds are not needed for operational activities but rather t

In a sign that there’s plenty of cash to go around for generative AI startups, Cohere, which is developing an AI model ecosystem for the enterprise, today announced that it raised $270 million as part of its Series C round. Reuters reported earlier in the year that Cohere was in talks to rais

Paris-based startup Pigment has raised a Series C round of $88 million — the investment was led by Iconiq Growth. Pigment wants to take on Microsoft Excel and offer a business planning platform that works better than products from enterprise software behemoths, such as Oracle or SAP. It's a

Adobe today announced that it is bringing its Firefly generative image generator to its enterprise customers and allowing them to customize the model with their own branded assets. In conjunction with this, the company is also bringing its Adobe Express design app (which you remember under its prev

Digibee, a low-code integration platform geared toward enterprise organizations, today announced that it raised $60 million in a Series B funding round led by Goldman Sachs, with participation from Leadwind, Southern Europe, Vivo Ventures, Brazilian telco Vivo, Kinea and G2D. The round brings Westo

Large language models (LLMs) like OpenAI’s GPT-4 are powerful, paradigm-shifting tools that promise to upend industries. But they suffer from limitations that make them less attractive to enterprise organizations with strict compliance and governance requirements. For example, LLMs have a ten

Google Cloud today announced an expansion of its Google Cloud Consulting offering, its service for connecting customers to experts who can help them along their cloud journey. As part of this expansion, Google will offer high-touch training to C-suite leaders at large enterprises to help them ̶