Cisco’s ThousandEyes internet monitoring unit has recently introduced new artificial intelligence-powered capabilities known as Digital Experience Assurance (DXA). This new AI technology aims to revolutionize the prediction and diagnosis of internet outages and disruptions, enabling customers of Cisco’s networking technology to automatically address network quality issues. This marks a significant shift from the traditional approach
Enterprise
Dutch digital bank Bunq is facing a tough challenge as it aims to secure a banking license from UK financial regulators. In an interview with CNBC, CEO and founder Ali Niknam expressed his hopes of obtaining the license by the end of the year or early next year. However, the uncertainty surrounding the UK’s regulatory
Nvidia recently introduced its latest generation of artificial intelligence chips, known as “Rubin,” during the COMPUTEX tech conference in Taipei. This new architecture follows the announcement of the upcoming “Blackwell” model just a few months prior in March. The rapid succession of these chip releases showcases Nvidia’s commitment to advancing AI technology at an accelerated
This past week has been a challenging one for the software and enterprise tech industry. Salesforce, a prominent cloud software vendor, experienced a significant setback with a nearly 20% drop in its shares. The company reported weaker-than-expected revenue and issued disappointing guidance. CEO Marc Benioff acknowledged that the growth seen during the Covid age was
The stock market saw a significant drop in Dell Technologies’ shares, by more than 16%, following the company’s disappointing lower-than-expected artificial intelligence server backlog and projected margin decline. Despite beating analysts’ first-quarter results expectations and providing optimistic guidance, investors were not impressed. Dell reported a first-quarter revenue of $22.24 billion, surpassing the analysts’ estimated $21.64
Salesforce, the cloud software vendor, experienced a major setback in the stock market as its shares plummeted by 20% on Thursday morning. This marked the worst trading day for the company in nearly two decades. The previous record was set back in July 2004 when shares dropped by 27% shortly after the company’s initial public
PDD’s strategic value-for-money positioning and the rapid growth of its Temu marketplace have catapulted the company to the forefront of China’s competitive e-commerce sector. Analysts have highlighted that these factors have been instrumental in establishing PDD as the most valuable company in the segment within the country. The recent first-quarter results released by PDD Holdings
Ryan Salame, once a prominent figure in the world of cryptocurrency and finance as the former co-CEO of FTX’s Bahamian subsidiary, has been handed a hefty sentence of 90 months, or seven and a half years, in prison. This sentencing comes as a result of his guilty plea to charges of conspiracy to make unlawful
Jan Leike, a prominent safety researcher at OpenAI, recently made headlines after announcing his resignation from the artificial intelligence company. This decision came shortly before the dissolution of the superalignment group that he co-led, a team dedicated to addressing long-term AI risks. Leike’s departure was followed by a statement from OpenAI co-founder Ilya Sutskever, who
Ever since Google introduced “AI Overviews” in Google Search, it has faced a wave of criticism due to the nonsensical and inaccurate results generated by the AI feature. This quick summary of answers to search questions displayed at the top of Google Search has caused quite a stir. For instance, queries like “How many Muslim