Tag: AI

‘We are in a race to put AI to work for people. And that’s a race ServiceNow intends to win for our customers,’ says ServiceNow CEO Bill McDermott. AI and generative AI continue to be key drivers of the success story that is ServiceNow. Bill McDermott, CEO of the Santa Clara, Calif.-based digital workflow technology…

Read More

“We believe there will be added demand because a combined portfolio is more interesting,” IBM CEO Arvind Krishna said on an earnings call. IBM executives painted the planned $6.4 billion purchase of cloud infrastructure tools vendor HashiCorp as complementary to multiple business segments – including fellow open-source tools provider Red Hat – even as IBM…

Read More

In an interview with CRN, the industry veteran says AI platform provider Dataminr is on track for $200 million in revenue and headed for an IPO. Dataminr has poached an executive from another cybersecurity IPO candidate with the hire of industry veteran Brian Gumbel as its new president, the company told CRN exclusively. Gumbel, who’d…

Read More

‘HashiCorp has a proven track record of enabling clients to manage the complexity of today’s infrastructure and application sprawl,’ says IBM CEO Arvind Krishna in a statement Wednesday. Tech giant IBM has confirmed its intention to buy Terraform creator and cloud infrastructure tools vendor HashiCorp for $6.4 billion, a deal set to close by the…

Read More

“We’re moving this huge campus, which will ultimately be our world headquarters, we’re moving that to Nashville,” Oracle’s Larry Ellison said Tuesday. During its Oracle Health Summit 2024 in Nashville, Tenn., Tuesday, Larry Ellison, the vendor’s co-founder, chairman and CTO, revealed on stage that the database products and cloud computing vendor wants to ditch its…

Read More

“We [are] large scale looking for — I’ll call it the ‘unknown unknown breaches’ — that are out there,’ says Eric Harmon, Trustwave CEO. ‘We develop over 1,000 proprietary use cases that are tied to that research that go into our MDR and our product offerings. We’re continuing to differentiate by finding things that others…

Read More

Part 6 of CRN’s Big Data 100 takes a look at the vendors solution providers should know in the data operations and data observability space. Upon Closer Observation Data teams within businesses and organizations strive to provide internal business users and external customers with analytical insights. But those efforts often fall short because the data…

Read More

‘Run:ai has been a close collaborator with Nvidia since 2020 and we share a passion for helping our customers make the most of their infrastructure,’ says Run:ai CEO Omri Geller. AI chip superstar Nvidia is doubling down on becoming the dominant force in the artificial intelligence hardware market by purchasing AI infrastructure management startup Run:ai…

Read More

Artificial intelligence startup FlexAI launched out of stealth mode on Wednesday with $30 million in funding. Here’s what to know about the company’s AI goals. Former engineers and architects from Nvidia, Apple and Intel have launched a new AI startup company called FlexAI with the goal of building innovative AI compute infrastructure to meet the…

Read More

GenAI, Red Hat and potential acquisitions are expected to come up on the vendor’s earnings call Wednesday. Updates on generative artificial intelligence offerings. Growth in the Red Hat business. And the potential acquisition of HashiCorp. These are some of the big topics IBM executives are expected to weigh in on during the Armonk, N.Y.-based vendor’s…

Read More