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Cloud Platform

All articles tagged with #cloud platform

Alibaba Boosts AI Strategy with Nvidia Partnership and New Developments

Originally Published 3 months ago — by TechCrunch

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Source: TechCrunch

Alibaba has partnered with Nvidia to integrate Nvidia’s AI development tools into its Cloud Platform, focusing on robotics, self-driving cars, and smart spaces, marking a significant collaboration in AI technology expansion. The deal supports Alibaba's broader AI investment plans, including new data centers and advanced language models.

Renesas' $5.9 Billion Acquisition of Altium to Expand Electronics Design Accessibility

Originally Published 1 year ago — by Renesas

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Source: Renesas

Renesas Electronics Corporation has entered into an agreement to acquire Altium Limited, a global leader in electronics design systems, for approximately A$9.1 billion. The acquisition aims to create an integrated and open electronics system design and lifecycle management platform, combining Altium's design software and cloud platform capabilities with Renesas' embedded solutions. This move aligns with Renesas' digitalization strategy and is expected to accelerate innovation and make electronics design more accessible to a broader market. The transaction is expected to close in the second half of 2024, subject to regulatory approvals and other customary closing conditions.

Fastly (FSLY) Q4 Performance: Record Revenue, Mixed Quarter, and Stock Tumble

Originally Published 1 year ago — by Yahoo Finance

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Source: Yahoo Finance

Fastly Inc reported record Q4 revenue of $137.8 million, a 15% year-over-year increase, with improved gross margins and a shift to non-GAAP net income profitability. The company's total customer count rose to 3,243, with 578 enterprise customers, and annual revenue retention improved to 99.2% in 2023. Fastly faces challenges such as a slight decrease in its 12-month net retention rate and a GAAP net loss, but its financial strength is evidenced by a 17% increase in total revenue for the full year 2023 and positive key metrics. The company provided guidance for Q1 2024 and the full year 2024, anticipating continued growth and innovation in the edge cloud services market.

AppFlowy: The Open Source Notion Alternative Soaring to the Cloud with Major Backers

Originally Published 2 years ago — by TechCrunch

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Source: TechCrunch

AppFlowy, an open source project and knowledge management startup, has raised $6.4 million in funding from prominent investors including Matt Mullenweg, Steve Chen, and Tom Preston-Werner. AppFlowy aims to address security and extensibility concerns by offering a self-hostable solution for project and knowledge management. The platform allows companies to customize their workspace with modular building blocks and supports community contributions. AppFlowy recently introduced a cloud product alongside its self-hosting option, offering end-to-end encryption for businesses concerned about security. The company plans to adopt a freemium model for its cloud platform and is also working on a mobile app for cross-platform functionality.

Cyberattacks Target Microsoft's Outlook and Cloud Platform in Early June.

Originally Published 2 years ago — by The Associated Press

Featured image for Cyberattacks Target Microsoft's Outlook and Cloud Platform in Early June.
Source: The Associated Press

Microsoft has confirmed that the early June disruptions to its flagship office suite, including Outlook email and OneDrive file-sharing apps, and cloud computing platform were caused by distributed denial-of-service (DDoS) attacks by a group called Anonymous Sudan. The attackers used rented cloud infrastructure and virtual private networks to bombard Microsoft servers from botnets of zombie computers around the globe. Microsoft said there was no evidence any customer data was accessed or compromised. The attacks were focused on disruption and publicity, and it is not clear how many customers were affected or whether the impact was global.