Zoom Communications Inc. has a variety of products, including meetings, contact center, front-line worker applications and others, but this week there’s a single theme that cut across the fully virtual Zoomtopia event: artificial intelligence. In fact, with that emphasis on how AI is expanding and enhancing Zoom’s conferencing and related services, they could have called the event ZoomtopAI.
F5 Inc., the Seattle-based application delivery and security company, is expanding its portfolio with today’s acquisition of CalypsoAI Inc., a leader in enterprise artificial intelligence security. The acquired company was founded in 2018, showing it has been pioneers in the AI security market long before the latest hype cycle. The purchase price was announced at $180 million. The company had raised $43.2 million over three rounds, so the acquisition price provided the investors a strong return.
Palo Alto Networks Inc. today added more capabilities to its fast-growing Prisma SASE (Secure Access Service Edge) platform by leveraging AI to create what the company calls “a blueprint for the AI-ready enterprise.” The Secure Access Service Edge service delivers protection against AI-powered threats, data security that adapts to how information flows, and unified operations capable of intelligent scaling.
Inter is a large digital financial services corporation based in Brazil with its U.S. headquarters in Miami. It began operating in 1994 as Banco Inter, a traditional bank, and became Brazil’s first fully digital, cloud-based bank in 2015. Inter provides online banking and other financial services, ranging from investments to travel, shopping and rewards, to companies and individuals throughout the Americas via its super app.
Artificial intelligence is at the heart of almost every part of an organization’s strategy, and that includes information technology operations. However, many organizations aren’t seeing clear business results. In fact, a recent MIT Study found that 95% of generative AI projects are failing. One of the big reasons for failure is that AI is being deployed in silos resulting in partial insights into the broader ecosystem.