Tag: funding

Global Cloud

Funding for cloud-based generative AI

June 2, 2023

Via: InfoWorld

Even though many IT budgets are down, and belt tightening seems to be the clear trend, next year many enterprises are preparing for a rush to generative AI that they are not ready to pay for. It’s time to start […]

Deployment Models, Others

The reality of workload portability across clouds

May 5, 2022

Via: CIO

Businesses are investing substantial funds and efforts into migrating workloads from on-premises infrastructure to public clouds, in part motivated by the hypothesis that, once cloud-based, those workloads will be relatively easy to move from one cloud provider to another. Unfortunately, […]

Global Cloud

Cloud data warehouse startup Firebolt closes $127M Series B funding round

June 24, 2021

Via: ZDnet

Israeli cloud data warehouse startup Firebolt announced today that it has closed a $127M Series B financing round, bringing total funding to $164M. This round follows only 6 months after the company’s $37M Series A in December 2020. Lead investors […]

Global Cloud

Alibaba Kicks Off Spending Spree With $1 Billion for Cloud

June 9, 2021

Via: Data Center Knowledge

Alibaba Group Holding Ltd.’s cloud division has pledged $1 billion to support startups in Asia, marking one of its largest outlays since the tech giant pledged to boost spending and move past a bruising antitrust investigation at home. The $1 […]