Cloud stories - Page 81

AI-driven cyberattacks now cost firms on average USD $4 million and 100 days to recover, raising security to a vital business priority worldwide.

Neo4j commits USD $100 million to advance agentic and generative AI, launching new products and a global startup programme to boost AI innovation.

IBM and AMD partner to equip Zyphra's AI lab with AMD Instinct GPUs on IBM Cloud, powering its USD $1 billion open-source AI superintelligence project.

Rob Tarkoff has been appointed CEO of Seismic, succeeding co-founder Doug Winter, as the company enters a new phase of growth and innovation.

Broadcom patches a VMware zero-day flaw exploited for nearly a year, allowing attackers root access to virtual machines in certain configurations.

Pax8 has appointed Tom Gavin as Chief Marketing and Communications Officer to lead global marketing and advance its AI and managed intelligence initiatives.

Fluent Commerce has launched its Fluent Order Management solution on Google Cloud Marketplace, simplifying procurement and boosting global retail operations.

The NBA teams up with Amazon Web Services to launch an AI-powered platform that transforms basketball insights for coaches, players and fans worldwide.

Kyndryl launches its secure Agentic AI Framework to help businesses scale AI adoption securely and integrate AI into core operations across industries.

Commvault unveils Clumio for Apache Iceberg on AWS, offering air-gapped, Iceberg-aware backups to strengthen AI and analytics data lakehouse security.

Avalara unveils an AI-powered platform featuring agentic AI that automates tax compliance workflows from start to finish, boosting accuracy and efficiency.

Nebius Group has raised USD $4.3 billion to enhance its AI infrastructure and support expansion into Asia, focusing on biotech and drug discovery.

Hitachi Vantara and Red Hat have teamed up to ease virtual machine migration costs by integrating OpenShift Virtualization with VSP One for hybrid cloud platforms.

Port of Dover adopts Oracle Fusion Cloud to streamline finance, HR, and supply chain, boosting efficiency as it handles GBP £144 billion in trade annually.

Retailers adopt generative AI extensively, rising to 95%, while cracking down on shadow AI and personal account use to bolster data security.

TeamSystem has acquired French SME software provider Sellsy, enhancing its presence in France and Spain with AI-powered CRM and financial management tools.

Cloudera invests USD $300 million in hybrid AI and data, focusing on secure, compliant platforms for complex enterprises amid AI demand surge.

Cogna appoints Luke Rogers and James Dickinson to senior roles, aiming to boost growth across UK and EMEA sectors including utilities and manufacturing.

Oracle has launched an AI-powered platform offering governments real-time data and insights to enhance agricultural performance and food security resilience.

Cloudera upgrades its data platform with Iceberg REST Catalog and Lakehouse Optimizer, boosting AI efforts and cutting costs by up to 79%.