Amazon Web Services Inc. Chief Executive Matt Garman delivered a three-hour keynote at the company’s annual re:Invent conference to an audience of 60,000 attendees in Las Vegas and another 400,000 watching online, ad they heard a lot of news from the new leader, who became CEO earlier this year after joining the company in 2006.
Veeam Software Group GmbH, the market share leader in data resilience, today announced a new $2 billion investment from several top investment firms. The Seattle-based company said its valuation now stands at $15 billion, which is about the same as the valuation of Commvault Systems Inc. and Rubrik Inc. combined. Investors in what the company calls an oversubscribed round are led by TPG, with participation from Temasek, Neuberger Berman Capital Solutions and others. Morgan Stanley managed the round.
When it comes to building campus networks, there is a religion around stacking versus chassis-based systems. In my network engineer days, I lived on both sides of that holy war. Initially, it was chassis or nothing, but I worked for a big financial firm with large budgets and didn’t give much credence to other options. As time went on, I began to appreciate a stack’s flexibility and budget flexibility, as one could start with a small network stack and add to it when required.
The hype around artificial intelligence is at an all-time high. Sometimes, in tech, the reality never matches the hype. With AI, though, I do believe it’s warranted. I view the adoption of AI as similar to the adoption of internet technologies. We talked about the internet, hyped it, created economic reports, and then we stopped talking about it because it became embedded into everything we do.
One of the highlights at Palo Alto Networks Inc.’s the most recent version of its Ignite on Tour event series, this one at its Santa Clara headquarters, was founder and Chief Technology Officer Nir Zuk’s presentation of the cybersecurity company’s 2025 predictions for the security industry.