SiliconANGLE

Strong beat and raise helps MongoDB’s stock surge more than 13% after-hours – SiliconANGLE

Strong beat and raise helps MongoDB’s stock surge more than 13% after-hours – SiliconANGLE

Shares of the database company MongoDB Inc. made strong gains in the after-hours trading session today following a crushing second-quarter earnings beat and a raise in its full-year guidance. The company reported earnings before certain costs such as stock compensation of 70 cents per share, surging past the Wall Street analysts’ consensus estimate of just 49 cents. Meanwhile, revenue grew 13% from a year earlier, to $478.1 million, well ahead of the Street’s target of $464.1 million. Although MongoDB’s net loss grew from $37.6 million on year ago to $54.5 million at the end of the previous quarter, investors were…
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From linear value chains to dynamic ecosystems: How digital twin platforms will revolutionize business operations – SiliconANGLE

From linear value chains to dynamic ecosystems: How digital twin platforms will revolutionize business operations – SiliconANGLE

Last year theCUBE Research asserted that we are on the brink of a transformative shift toward intelligent data applications, set to revolutionize business operations. We introduced the concept of “Uber for All” as a metaphor, predicting that today’s linear value chains would evolve into dynamic digital representations of a business — digital twins — where intelligent data applications empower firms to orchestrate entire ecosystems in real time. This week, these research insights were highlighted on the cover of The Economist, in an article co-authored by George Gilbert of theCube Research with the senior editor of artificial intelligence initiatives. The piece examines how digital…
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Couchbase’s Capella Columnar paves the way for developers to build more adaptive applications – SiliconANGLE

Couchbase’s Capella Columnar paves the way for developers to build more adaptive applications – SiliconANGLE

Couchbase Inc. is adding some powerful new capabilities to its flagship database-as-a-service offering, paving the way for developers to build more intelligent and adaptive applications that leverage real-time insights. The company is also enhancing the mobile version of its database with new functions including vector search, making it more suitable for generative AI applications that employ retrieval-augmented generation techniques to fine-tune their outputs. The company is the creator of the popular Couchbase NoSQL database service that allows enterprises to store large volumes of semistructured data. Its flagship product is the cloud-based Couchbase Capella database-as-a-service product, and it also sells a…
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Addressing challenges in Kubernetes management – SiliconANGLE

Addressing challenges in Kubernetes management – SiliconANGLE

With the fast-paced advances in technology, the challenges and opportunities surrounding cloud-native architectures and Kubernetes management are more pronounced than ever. The shift toward decoupling traditional three-tier architectures to embrace more agile, scalable solutions such as Kubernetes is no longer just a theoretical conversation. It’s becoming a practical necessity for enterprises across the globe, according to Phil Trickovic (pictured, right), senior vice president of revenue at Tintri by DDN Inc. Tintri’s Brock Mowry and Phil Trickovic talk with theCUBE about Kubernetes management. “We’re seeing this across the stack from [the] biggest enterprise down through mid-size, even to the smalls, [which] are…
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How the PGA TOUR Is using generative AI to change the golf fan’s experience – SiliconANGLE

How the PGA TOUR Is using generative AI to change the golf fan’s experience – SiliconANGLE

Generative artificial intelligence has the power to change almost every aspect of how we work, educate and entertain, and nearly every business is seeking to infuse AI into its business process to create new ways of engaging customers and employees. The sports and entertainment industry remains one of the most competitive vertical industries. Fans have many choices today and want an experience above and beyond the typical TV broadcast. Recently, Amazon Web Services Inc. invited a few analysts to the TOUR Championship at East Lake Golf Club in Atlanta to meet with AWS and PGA TOUR executives and experience some…
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Anthropic reportedly in early talks to raise new funding on up to $40B valuation – SiliconANGLE

Anthropic reportedly in early talks to raise new funding on up to $40B valuation – SiliconANGLE

General artificial intelligence startup Anthropic PBC is reportedly looking to raise new funding on a valuation of up to $40 billion. The report comes today from The Information, citing an unnamed existing investor who spoke to company leaders. It’s reported that talks are only in an early stage and that it’s not clear whether investors will agree to such a high valuation. The Information also said Anthropic is scheduled to present to investors at Morgan Stanley’s private tech conference next month. It’s noted that though startups don’t typically employ investment banks to drum up investment, they do with complicated rounds…
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InfluxData revamps its time-series database offerings with faster query performance and lower latency – SiliconANGLE

InfluxData revamps its time-series database offerings with faster query performance and lower latency – SiliconANGLE

Time series database startup InfluxData Inc. is beefing up the capabilities of its flagship product InfluxDB with a major update rolled out today that’s designed to simplify the task of managing time series data at scale, while improving its overall performance. In addition to InfluxDB 3.0, the startup announced InfluxDB Clustered, which is a self-managed version of its time-series database offering. It’s aimed at companies that want to deploy it on-premises or in private clouds. The open-source InfluxDB platform is designed to handle information that’s processed chronologically, hence the “time-series” moniker. Time-series data is essential for many applications, as it provides…
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Harmonic raises $75M to create AI with mathematical superintelligence and eliminate hallucinations – SiliconANGLE

Harmonic raises $75M to create AI with mathematical superintelligence and eliminate hallucinations – SiliconANGLE

Harmonic, an artificial intelligence startup that’s pursuing the goal of mathematical superintelligence, or MSI, said today it has closed on a $75 million early-stage funding round. Today’s Series A round was led by Sequoia Capital and saw participation from Index Ventures, Jasper Lau’s Era Funds, GreatPoint Ventures, DTS Global Partners, Palo Alto Networks Inc. Chief Executive Nikesh Arora and actor Jared Leto, bringing the company’s valuation to $325 million. The startup says its main goal is to achieve MSI by building the first AI system with mathematical capabilities that are superior to humans, as a way of overcoming traditional limitations…
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Couchbase’s stock crumbles on anticipation of significant growth slowdown – SiliconANGLE

Couchbase’s stock crumbles on anticipation of significant growth slowdown – SiliconANGLE

Database company Couchbase Inc. delivered second-quarter results that came out just ahead of Wall Street’s estimates today, but its stock took a turn for the worse in extended trading, with investors apparently concerned by a slowdown in its growth rate. The company reported a loss before certain costs such as stock compensation of six cents per share in the quarter, slightly better than the eight-cent loss expected by Wall Street. Revenue for the period rose 19.6% to $51.6 million, above the consensus estimate of $51 million. However, it failed to make much inroads in terms of profitability, reporting a net…
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Sam Altman says superintelligence is on the way, and the future is bright – SiliconANGLE

Sam Altman says superintelligence is on the way, and the future is bright – SiliconANGLE

OpenAI Chief Executive Sam Altman published a blog post today stating that the world will have superintelligence in “a few thousand days” and what he sees ahead is not the techno-dystopia some critics see but “massive prosperity.” Altman’s post was only a few hundred words long, but he managed to pack it with enough assertions about the future to fill a few hundred counter-argument books. He admitted that the arrival of superintelligence might take a tad longer than he expects, but it’s coming, he says, and we’ll soon “be able to do things that would have seemed like magic to…
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