\n<\/p>\n
Ahead of the annual Black Hat cybersecurity conference in Las Vegas, we warned that\u00a0defensive tool sprawl is only likely to get worse.<\/p>\n
Onsite, the talk was about, of course, the impact of AI. So far, so good, but defenders are\u00a0bracing\u00a0for more sophisticated artificial intelligence-driven attacks. Meantime, lots of cybersecurity providers are\u00a0doing\u00a0well, if earnings and\u00a0new fundings\u00a0are any indication.<\/p>\n
This week\u00a0Google lost\u00a0its search monopoly case, which is a big deal \u2014 but the impacts won\u2019t be immediate beyond full employment for Google lawyers who plan to appeal. Fact is, there are multiple options that may end up not hurting it that much \u2014 or so investors chose to believe.<\/p>\n
Elsewhere on the antitrust front, the U.K. decided to launch a fuller probe\u00a0of Amazon\u2019s Anthropic partnership, though it seems like a weak case given that Google is also a big investor, and Amazon has no board seats. There\u2019s no doubt that these non-acquisitions could strengthen Big Tech\u2019s hand in AI.<\/p>\n
Nevertheless, a few startups are continuing to get big funding. Case in point: Groq raised\u00a0a boatload, because why should Nvidia make all the money in AI chips? Especially when Nvidia itself had to delay its latest chip. Meanwhile,\u00a0Intel tried to show it\u2019s still making progress on tech, even if it might be too late. (At least it dumped Bob Swan, yikes<\/a>.)<\/p>\n Dell laid off thousands of workers\u2026 again. How many thousands, we won\u2019t know at least until the company reports earnings at the end of the month.<\/p>\n Next week, look for earnings reports from two bellwethers: Cisco, which also may announce its own layoffs next week, and Applied Materials.<\/p>\n SiliconANGLE and theCUBE Research analysts John Furrier and Dave Vellante will discuss this and other news in more detail on\u00a0theCUBE Pod,\u00a0out later today on YouTube<\/a>. And don\u2019t miss Vellante\u2019s weekly deep dive,\u00a0Breaking Analysis, out this weekend.<\/p>\n Here\u2019s the big news of the week from SiliconANGLE and beyond:<\/p>\n Honestly this seems weak, if only because Google has also invested $2.3 billion into Anthropic: <\/span><\/i>UK antitrust regulator launches probe into Amazon\u2019s Anthropic partnership<\/span><\/p>\n AI chipmaker Groq raises $640M to meet rising demand for high-speed inference compute<\/span><\/p>\n Advice from Gartner\u2019s Arun Chandrasekaran:<\/span><\/i> How organizations can optimize generative AI costs<\/span><\/p>\n Former Snowflake CEO Bob Muglia on how the next data platform will evolve: <\/span><\/i>The role of metadata management tools in the evolution of open data formats<\/span><\/p>\n Tencent joins $300M financing for China\u2019s AI unicorn Moonshot (<\/span>from Bloomberg<\/span><\/a>)<\/span><\/p>\n Nutanix\u2019s Dheeraj Pandey is back:<\/span><\/i> AI platform startup DevRev raises $100M at $1.15B valuation<\/span><\/p>\n SoundHound acquires Amelia to expand its conversational voice AI solutions<\/span><\/p>\n Hugging Face acquires XetHub to enhance its AI storage infrastructure<\/span><\/p>\n Placer Labs raises $75M to enhance market research initiatives with location data and AI<\/span><\/p>\n OpenAI reportedly leads $60M round for webcam startup Opal<\/span><\/p>\n Automation platform startup Rewst raises $45M led by Sapphire Ventures<\/span><\/p>\n Open-source data science platform Knime raises $30M to seize opportunity in generative AI<\/span><\/p>\n Serverless database startup Neon nabs $25M in fresh funding<\/span><\/p>\n \u2018Confidential AI\u2019 startup Anjuna <\/span>raises<\/span><\/a> $25M<\/span><\/p>\n AI business agent startup Bardeen pulls in $3M strategic investment from Dropbox and Hubspot (<\/span>per TechCrunch<\/span><\/a>)<\/span><\/p>\n Oof:<\/span><\/i> How chip giant <\/span>Intel spurned OpenAI <\/span><\/a>and fell behind the times<\/span><\/p>\n OpenAI announces key LLM safety feature in response to \u2018popular demand\u2019 from developers<\/span><\/p>\n OpenAI can detect text generated by ChatGPT, but it\u2019s not ready for prime time<\/span><\/p>\n Visual AI startup Napkin.ai launches graphics generator for business storytelling<\/span><\/p>\n Salesforce extends generative AI smarts to its Nonprofit Cloud platform<\/span><\/p>\n Palantir to deploy AI products on Microsoft Azure for US government agencies (<\/span>per Reuters<\/span><\/a>)<\/span><\/p>\n Startup Scamnetic debuts AI-powered scam detection platform to detect fraudsters in real time<\/span><\/p>\n Nillion and Ritual team up to build trustless decentralized AI inference technology<\/span><\/p>\n Automattic rolls out AI-powered writing readability assistant for WordPress bloggers<\/span><\/p>\n Amplitude launches new services for better data synchronization, security and privacy compliance<\/span><\/p>\n There\u2019s more<\/i><\/b> AI<\/i><\/b> and<\/i><\/b> big data<\/i><\/b> news on SiliconANGLE<\/i><\/b><\/p>\n Federal court rules against Google in landmark search monopoly case<\/span> And a tidbit from Apple, ouch:<\/span><\/i> \u2018There\u2019s no price\u2019 <\/span><\/a>Microsoft could pay Apple to use Bing<\/span><\/p>\n Dell lays off thousands of workers in sales reorganization<\/span><\/p>\n Cisco could reportedly let go 4,000+ workers in new round of job cuts<\/span><\/p>\n Report: Design flaw discovery set to delay launch of Nvidia\u2019s new Blackwell GPUs<\/span><\/p>\n Intel finally delivers some good news, hitting key 18A process node milestone<\/span><\/p>\n Intel targets opportunity for AI-powered cars in China with its first discrete GPU<\/span><\/p>\n But not all the news is good, of course:<\/span><\/i> Intel postpones key chip event amid cost-cutting effort<\/span><\/p>\n Strong earnings report pushes GlobalFoundries\u2019 stock higher in extended trading<\/span><\/p>\n Super Micro announces 10-for-1 stock split, shares <\/span>plunge<\/span><\/a> 18% on earnings miss<\/span><\/p>\n Cyber upside: Fortinet and Rapid7 impress investors with earnings beats<\/span><\/p>\n CyberArk tops earnings estimates, revises outlook as subscription revenue surges<\/span><\/p>\n DigitalOcean cruises to another easy earnings beat<\/span><\/p>\n Data center infrastructure firm Equinix raises annual forecasts, betting on AI growth<\/span><\/p>\n Uber shares up over 10% as higher bookings deliver earnings and revenue beats<\/span><\/p>\n Lyft\u2019s first profitable quarter overshadowed by missed booking targets<\/span><\/p>\n AI growth helps Palantir beat second-quarter earnings, drives higher forecast<\/span><\/p>\n Disappointing guidance and mixed earnings crater JFrog\u2019s stock<\/span><\/p>\n Rivian shares slide as electric car maker reports cost blowouts in second quarter<\/span><\/p>\n Billion-dollar revenue run rate, AI and an acquisition highlight Five9\u2019s latest quarter despite weak forecast<\/span><\/p>\n Datadog reports strong second quarter with earnings and revenue beats<\/span><\/p>\n Extreme Networks <\/span>revenue<\/span><\/a> falls as it clears old inventory but beats forecast<\/span><\/p>\n Surging cryptocurrency trading helps Robinhood beat earnings<\/span><\/p>\n Duolingo stock rise 5% after-hours on <\/span>strong quarter<\/span><\/a><\/p>\n Expensify matches <\/span>earnings<\/span><\/a> estimates, lowering losses despite revenue decline, stock rises 8%<\/span><\/p>\n Amplitude beats earnings expectations with steady revenue growth and customer gains<\/span><\/p>\n Shares of Dropbox inch up as Q2 financial results top expectations<\/span><\/p>\n Rackspace demonstrates impressive efficiency gains, sending its stock way higher<\/span><\/p>\n Private equity firm Apax buys Thoughtworks in $1.75B takeover deal<\/span><\/p>\n Box acquires AI-powered document processor Alphamoon<\/span><\/p>\n Travel software startup Flyr raises $295 million in equity and debt at $900M valuation (<\/span>per Bloomberg<\/span><\/a>)<\/span><\/p>\n Quantum error correction startup Riverlane closes $75M investment<\/span><\/p>\n Mechanical Orchard <\/span>nabs<\/span><\/a> $50M in Series B round led by GV to help move large organizations off risky legacy software<\/span><\/p>\n Industrial analytics startup Seeq <\/span>raises<\/span><\/a> $50M Series D round led by Sixth Street Growth<\/span><\/p>\n HPE\u2019s $14B buy of Juniper <\/span>clears<\/span><\/a> UK watchdog and EU hurdles<\/span><\/p>\n There\u2019s plenty more news on<\/i><\/b> cloud<\/i><\/b>,<\/i><\/b> infrastructure<\/i><\/b> and<\/i><\/b> apps<\/i><\/b><\/p>\n Cybersecurity Special Report: Live from Black Hat: Check out our latest special report, complete with a deep dive into cyber tool sprawl and news, interviews and analysis from the annual Black Hat conference in Las Vegas:<\/i><\/b><\/p>\n Cybersecurity tool sprawl is out of control \u2013 and it\u2019s only going to get worse<\/span><\/p>\n Defense leads in race to secure AI, but threats to models and data could soon change that<\/span><\/p>\n Balancing the complexities of modern cybersecurity: theCUBE insights from Black Hat USA<\/span><\/p>\n Transforming cybersecurity: The crucial role of AI and data management<\/span><\/p>\n AI\u2019s role in defending against global threats: insights from Microsoft<\/span><\/p>\n Microsoft uncovers Iranian cyber activity meant to influence US elections<\/span><\/p>\n Zscaler on the role of leadership in cybersecurity innovation<\/span><\/p>\n Cybersecurity diversity: Harnessing AI and inclusive talent for proactive defense<\/span><\/p>\n Large-scale data management amid product sprawl: ICE\u2019s Ryan Hebert weighs in<\/span><\/p>\n Abnormal Security raises $250M on $5.1B valuation to enhance AI-driven cyber protection<\/span><\/p>\n EQT to acquire majority stake in cybersecurity firm Acronis at $3.5B+ valuation<\/span><\/p>\n Fortinet acquires Next DLP to extend its data security capabilities<\/span><\/p>\n Cloudbees acquires AI-based software testing startup Launchable<\/span><\/p>\n AWS details internal Mithra threat intelligence system<\/span><\/p>\n Flashpoint unveils enhanced threat intelligence capabilities to help companies stay ahead of threats<\/span><\/p>\n Fortinet enhances OT security platform with new networking and operational capabilities<\/span><\/p>\n Apiiro introduces AI-driven \u2018Risk Detection at Design Phase\u2019 for enhanced app security<\/span><\/p>\n Swimlane enhances Hero AI with advance case summarization and AI-augmented reporting<\/span><\/p>\n Elastic introduces new Automatic Import for faster SIEM onboarding with AI<\/span><\/p>\n Contrast Security launches new ADR service to bolster application security<\/span><\/p>\n Black Hat bonanza: 1Password, ArmorCode, Legit Security and NetRise unveil new security solutions<\/span><\/p>\n Trend Micro reportedly exploring sale after being approached by potential buyers<\/span><\/p>\n More<\/i><\/b> cybersecurity news here<\/i><\/b><\/p>\n Sorry, Texas:<\/span><\/i> X is leaving San Francisco but will stay in Silicon Valley<\/span><\/p>\n How dumb do you have to be to sue your own (lost) customers?<\/span><\/i> X goes to war with advertisers over boycott<\/span> Related: <\/span><\/i>Advertising coalition disbands after lawsuit filed by Elon Musk\u2019s X<\/span><\/p>\n Elon sure isn\u2019t making many friends these days:<\/span><\/i> UK government clashes with X\u2019s Elon Musk over hate speech and misinformation<\/span> and<\/span><\/i> Elon Musk files new lawsuit against OpenAI over for-profit shift<\/span> and<\/span><\/i> X accused of using EU user data to train Grok without consent (<\/span>per Engadget<\/span><\/a>)<\/span><\/p>\n Andrena raises $18M to launch decentralized internet service<\/span><\/p>\n And check out more news on<\/i><\/b> emerging tech<\/i><\/b>AI and data: Acquisitions and non-acquisitions<\/h3>\n
Headline news and analysis<\/h4>\n
Money matters<\/h4>\n
New models and services<\/h4>\n
Around the enterprise: Google search gets a slapdown. What\u2019s next?<\/h3>\n
Headline news<\/h4>\n
Earnings bonanza<\/h4>\n
In other enterprise money matters<\/h4>\n
Cyber beat: At Black Hat, tool sprawl and AI worries<\/h3>\n
First, some analysis<\/h4>\n
And all the news and interviews<\/h4>\n
Elsewhere in tech: Everybody hates Elon<\/h3>\n