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Elon Musk’s AI Startup xAI Valued at $24 Billion After Fresh Investment Round

Elon Musk’s AI startup xAI raked in $6 billion in a series B funding round. The post-money valuation of xAI reaches $24 billion. As the AI race intensifies, investors are betting big on competing with top players like OpenAI. Andreessen Horowitz and Sequoia Capital were the investors that backed the funding round. The organization’s valuation…
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Carahsoft Makes Juniper’s AI-Native Networking Solutions Available on its GSA Schedule

Carahsoft Technology Corp., the Trusted Government IT Solutions Provider, announced that it has added Juniper Networks’ network security offerings to its GSA (General Services Administration) Schedule, making Juniper’s zero trust solutions available to the Public Sector through Carahsoft and its reseller partners. This will enable Federal, State and Local Government agencies to more easily leverage Juniper’s…
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Marvell Expands Connectivity Portfolio With New PCIe Retimer Product Line to Scale Compute Fabrics of Accelerated Infrastructure

Marvell Technology, Inc., a leader in data infrastructure semiconductor solutions, expanded its connectivity portfolio with the launch of the new Alaska P PCIe retimer product line built to scale data center compute fabrics inside accelerated servers, general-purpose servers, CXL systems and disaggregated infrastructure. The first two products, 8- and 16-lane PCIe Gen 6 retimers, connect AI…
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Seeq Selected by Equinor for Enterprise-Wide Analytics

Seeq, a leader in industrial analytics, AI, and monitoring, and Equinor, an international energy company, announced a multi-year commercial agreement for the Seeq Industrial Analytics and AI platform to be leveraged across Equinor’s global assets to further accelerate digital transformation outcomes. Through the agreement, Equinor will implement Seeq to empower its engineering teams to optimize production and…
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IFS Launches Compelling Industrial AI Capabilities in Latest Release of IFS Cloud

IFS, the leading technology provider of enterprise cloud and industrial AI software, announced the general availability of its latest IFS Cloud release. As the only vendor focused on helping asset and service-focused companies leverage the power of Industrial AI, IFS is releasing new AI-powered functionality that enables customers to improve operational effectiveness and profitability. This…
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CrowdStrike and Cloudflare Announce Expanded Strategic Partnership to Secure Networks and Power the AI-Native SOC

CrowdStrike and Cloudflare, Inc., the leading connectivity cloud company, announced an expansion of their strategic partnership, connecting their platforms to enhance security from the device to the network, accelerate Security Operations Center (SOC) transformation, and stop breaches at scale. Now combining cloud-native, market-leading Zero Trust protection and connectivity from Cloudflare One with best-in-class AI-native cybersecurity from CrowdStrike…
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AHEAD & Wiz Partner to Supercharge Cloud Security with New Accelerator

AHEAD, a leading provider of enterprise cloud, data, and platform solutions, has announced a partnership with Wiz, an AI and cloud security company and Cloud Native Application Protection Platform (CNAPP) provider. Together, they are offering a comprehensive and integrated approach to securing cloud environments, empowering enterprises to confidently harness the potential of AI and cloud. In…
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Protect AI Selected Top Cyber Company in 2024 Enterprise Security Tech Awards

Protect AI, the leading artificial intelligence (AI) and machine learning (ML) security company, announced it was named a Top Cyber Company for its AI/ML security platform in the 2024 Enterprise Security Tech Awards. This list recognizes the companies that have demonstrated exceptional value to the market through technical product/service innovation, industry analyst recognition, customer testimony,…
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Gurucul Showcases REVEAL, its AI-powered Unified Security Analytics Platform and the Only Cost-Optimized Next-Gen SIEM, at InfoSecurity Europe 2024

Gurucul, a leader in security analytics, announced it will showcase its AI-powered Unified Security Analytics platform at InfoSecurity Europe, Stand D171 from 4-6 June, 2024 at ExCeL London. Gurucul, a pioneer of UEBA and Identity Analytics, continues its legacy of innovation with the recent launch of REVEAL, a platform that tackles data volume and management challenges…
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Sift Announces RiskWatch to Simplify Fraud Decisioning and Catalyze Business Growth

Sift, the AI-powered fraud platform securing digital trust for leading global businesses, introduced RiskWatch, a patent-pending innovation that simplifies risk decisioning for digital companies. RiskWatch automatically maintains block, friction, and manual review rates to a target percentage of the riskiest users while dynamically adjusting to changes in fraud activity, seasonality, and market expansion. Fraud prevention…