COMPANY NEWS: Cohesity, a leader in AI-powered data security and management, today announced it is collaborating with Intel to bring Intel’s confidential computing capabilities to the Cohesity Data Cloud. Leveraged with Fort Knox, Cohesity’s industry-leading cyber vault service, this data-in-use encryption innovation will be the first of its kind in the data management industry. Together, Cohesity …
Enterprise application software firm SAP is hoping artificial intelligence (AI) demand fuels its cloud revenues. To that end, the company has created the new role of chief AI officer to oversee AI implementation throughout its services suite, Bloomberg News noted Thursday (March 7) in an interview with that executive, Philipp Herzig. “An important part of our strategy is the …
SoftwareOne Holding AG, a leading global software and cloud solutions provider, today announced that it has acquired Novis Euforia, a SAP and cloud services company specialised in migrating and converting SAP environments to SAP S/4HANA and the cloud. The acquisition further expands SoftwareOne’s SAP practice, adding a team with deep technical expertise, as well as …
Anthropic, an AI startup backed by Google, has secured a funding of $100 million from South Korea’s SK Telecom. This investment will strengthen SK Telecom’s telecommunications-driven AI business. Anthropic is a competitor of OpenAI, the Microsoft-backed company that developed ChatGPT. It is one of the most well-funded AI firms, having raised $450 million from investors …