IBM has announced the upcoming release of its z17 mainframe, engineered to enhance artificial intelligence (AI) capabilities within enterprise environments. Scheduled for availability on June 18, the z17 features the Telum II processor, boasting eight high-performance cores operating at 5.5GHz, and integrates the IBM Spyre Accelerator to support ensemble...
Riverbed has significantly upgraded its observability platform by integrating advanced AI capabilities—including predictive, agentic, and generative AI—and introducing new data observability modules. The enhanced Riverbed Platform now offers full-stack, full-fidelity observability across enterprise IT environments. Key components include the patented Riverbed Data Store, designed to intelligently collect and surface...
Cyberhaven, a leader in data detection and response (DDR), has raised $88 million in a Series C funding round led by Adams Street Partners and Khosla Ventures, with participation from existing investors such as Redpoint Ventures and Costanoa Ventures. Prominent security leaders, including Amol Kulkarni, former CPO at CrowdStrike,...
Veltris, a digital product engineering services provider backed by Trive Capital and BayLink Capital, has acquired BPK Technologies to bolster its digital engineering and data/AI capabilities, aiming to deliver advanced solutions to clients in the healthcare sector and beyond. BPK specializes in custom software development, particularly for Dental Service...
Siemens has completed the acquisition of Altair Engineering Inc., a leading provider of industrial simulation and analysis software, for approximately USD 10 billion. This strategic move enhances Siemens' capabilities in mechanical and electromagnetic simulation, high-performance computing, data science, and artificial intelligence (AI). By integrating Altair's technologies into the Siemens...
Cloudflare, Inc., a leading connectivity cloud company, has launched 'Cloudflare for AI,' a comprehensive suite of tools designed to provide visibility, security, and control for AI applications across various industries. This suite addresses critical challenges in AI deployment, including employee misuse, toxic prompts, and leakage of personally identifiable information...
Myant, a leader in AI-driven healthcare solutions, has unveiled Myant Care360, an innovative service offering precision cardiac assessments directly to patients and physicians. Initially providing 14-day or longer cardiac monitoring, Care360 ensures rapid nationwide delivery of assessment devices to patients' homes within 24-48 hours. This service facilitates both patient...
Baidu has launched two new AI models—Ernie X1 and Ernie 4.5—positioning them as cost-effective competitors to existing market leaders. Ernie X1, a reasoning model, is claimed to deliver performance on par with DeepSeek's R1 at half the cost, showcasing enhanced capabilities in understanding, planning, reflection, and evolution. Ernie 4.5,...
Accenture has agreed to acquire Soben, a Glasgow-based global construction consultancy specializing in data center development, pharmaceuticals, and energy sectors. Soben's 250-member team offers services including project management consultancy, scheduling, project controls, cost and commercial management, advisory, and carbon cost management, serving clients across Western Europe, the US, Latin...
SAP Signavio has unveiled its AI-assisted process modeler, 'text to process' capability, designed to transform textual process descriptions into Business Process Model Notation (BPMN) diagrams. This innovation aims to significantly reduce the time and resources traditionally required for process modeling, which can be a costly endeavor for enterprises. By...
