API platform Kong raises $175 million in venture funding
Kong, a startup focused on cloud API technologies, raised $175 million Series E financing at a valuation of $2 billion.
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Microsoft launches Copilot Actions, Agents in SharePoint at Ignite
Microsoft rolled out more than 80 new products and features to round out its Copilot and artificial intelligence stack as it moved to position itself as an early enterprise AI leader and a platform that can provide model choices.
Nvidia outlines Google Quantum AI partnership, Foxconn deal
Nvidia said that it is working with Google Quantum AI to design quantum computing AI processors. The quantum computing partnership with Google was part of a series of Nvidia announcements at the SC24 conference in Atlanta.
GenAI's 2025 disconnect: The buildout, business value, user adoption and CxOs
The gap between generative AI's "build it and they will come" folks and the enterprises looking for actual business value may be widening. The next year will be interesting for generative AI trickledown economics.
Alibaba's cloud unit shows AI traction in Q2
Alibaba's cloud unit is now approaching a $17 billion annual revenue and the company said it will continue to invest in AI services.
Quantum computing all in on hybrid HPC with classical computing
Quantum computing vendors are all bullish on hybrid supercomputing approaches that'll play well with the generative AI boom.
Cisco Q1 shows better demand, networking struggles continue
Cisco reported better-than-expected first quarter results and said it saw "acceleration in product orders reflecting normalizing demand."
IBM launches Qiskit services for quantum computing
IBM launched a series of Qiskit software services to go along with its IBM Quantum Heron-based systems. The effort comes as IBM aims to meld quantum computing and classical computing today while aiming for quantum advantage later.
ServiceNow launches AI governance tools, contract management, Five9 partnership
ServiceNow launched a series of AI governance features across its Now Platform, generative AI contract management tools and an expanded Five9 partnership.
Softbank Corp. first to land Nvidia Blackwell systems in bid to be genAI provider in Japan
Softbank Corp will be among the first to build out an AI supercomputer using Nvidia's Blackwell platform. Softbank will get Nvidia's first Nvidia DGX B200 systems with plans to build out a Nvidia DGX SuperPOD supercomputer.
Shopify increasingly becoming enterprise commerce OS, replaces incumbents
Shopify is getting enough traction as an enterprise commerce platform that can deliver a real-time customer case study in two conference calls.
Red Hat acquires Neural Magic
For Red Hat, a unit of IBM, Neural Magic will enable the company to align its open platform to AI workloads.
