Lambda Scores $320 Million for AI Infrastructure Cloud
Lambda, a cloud firm offering access to AI infrastructure via NVIDIA GPUs, has scored $320 million in Series C funding on a valuation of $1.5 billion.
Lambda, a cloud firm offering access to AI infrastructure via NVIDIA GPUs, has scored $320 million in Series C funding on a valuation of $1.5 billion.
Cisco reported reduced product and services revenues, citing slow telco sales. As a result, the company reduced guidance and plans a 5% companywide layoff .
Datacenter service providers are aggressively expanding their facilities in response to rising demand for AI processing .
Cohesity and Veritas' data protection division are combining in a new company focused on data security and management with AI in mind.
F5 unveils API security and AI tools to help professionals manage multicloud environments.
ZEDEDA has scored $72 million in Series C funding, signaling the renewal of interest in edge management as demand for AI/ML builds.
Cisco's latest announcements target AI, observability, and security -- areas where the company faces market growth and internal challenges.
Microsoft reported strong quarterly results this week, but investors want to see even more progress with AI in cloud and other products.
Our annual report tracks the key cloud infrastructure and top private companies to watch in 2024. .
Arrcus has added an automated Egress Cost Control (ECC) capability to its multicloud networking platform.
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