Tag: Generative AI
“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…
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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…
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‘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…
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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…
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‘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…
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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…
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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…
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Part 5 of CRN’s Big Data 100 takes a look at the vendors solution providers should know in the data warehouse and data lake systems and services space. In-House Analytics Data warehouses have been at the center of data analytics systems as far back as the 1980s. Today cloud-based data warehouse services offered by the…
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‘Everybody else translates to risk right now. We are, right now, the company in networking. Our vision is clear, our execution is clear. We’re not distracted with an acquisition or something else. That’s translating into a lot of interest from the broader partner space,’ Extreme Networks’ chief product and technology officer tells CRN. There’s a…
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A report on the Terraform creator and cloud infrastructure tools vendor exploring a sale first emerged in March. IBM is close to a deal to purchase Terraform creator and cloud infrastructure tools vendor HashiCorp, according to multiple media outlets. Armonk, N.Y.-based cloud and mainframe giant IBM could announce the deal Wednesday, according to Bloomberg. That…
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