Here is IT Digest’s weekly roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.
In Hardware and Network news this week…
Lumen and Palantir Partner to Drive the Next Wave of AI
Lumen Technologies and Palantir Technologies Inc. have inked a groundbreaking deal that teams them up for years to come. The partnership, worth millions, aims to speed up artificial intelligence (AI) in large companies. These companies have a problem – their AI tech is really advanced, but their network infrastructure isn’t strong enough to handle it. This alliance aims to solve that issue.
In Cloud Computing & Mobility news this week….
DoiT Acquires CloudWize to Advance Cloud Security and Intelligence
DoiT, a leading provider of enterprise-grade FinOps and CloudOps solutions, has announced the acquisition of CloudWize, a multi-cloud security posture and compliance platform. This strategic move expands DoiT Cloud Intelligence™ beyond financial management to encompass intelligent security posture, compliance, and automated guardrails, seamlessly integrating risk, reliability, and cost into a unified, outcome-driven platform.
In FinTech news this week….
CWAN & J.P. Morgan Launch Automated Cash Solution for Hedge Funds
Clearwater Analytics, the most comprehensive technology platform for investment management, and J.P. Morgan Asset Management today announced an integration that transforms how hedge funds manage cash. The solution links Enfusion by CWAN directly with the Morgan Money® trading platform, J.P. Morgan Asset Management’s short-term investment management solution, giving clients a single, automated workflow for investing and monitoring idle cash.
In Cybersecurity news this week….
Dataminr to Acquire ThreatConnect: A Strategic Move to Revolutionize Cyber Threat Detection
Dataminr, a leader in AI-powered real-time risk and threat intelligence, has agreed to buy ThreatConnect, a top intelligence management platform, for $290 million. The acquisition is expected to increase Dataminr’s ability to offer focused, AI-powered threat intelligence solutions to its clients.
In Information and Communications news this week…
Red Hat Unveils Developer Lightspeed for AI Productivity
Red Hat, the world’s leading provider of open source solutions, announced Red Hat Developer Lightspeed, a new portfolio of generative AI (gen AI) solutions designed to speed up developer workflows with intelligent, context-aware assistance. These new virtual assistants integrate directly into Red Hat’s developer tools to meet developers where they work, helping to increase productivity and reduce context switching. Red Hat Developer Lightspeed is included in Red Hat Developer Hub and is available in the migration toolkit for applications (MTA) via a Red Hat Advanced Developer Suite subscription.
In Artificial intelligence news this week…
Microsoft’s Copilot Fall Release: A Leap Toward Human-Centered AI
Microsoft launched its Copilot Fall Release, which is a significant milestone in the field of artificial intelligence. The release is accompanied by a set of features to make AI more personal, intuitive, and human-like. The essence of this transformation is “human-centered AI” to empower humans rather than replace them.
In Computer Science news this week…
Qilimanjaro Expands Quantum Tools with Unified QiliSDK
Qilimanjaro Quantum Tech announced the release of QiliSDK, an open-source Python framework, that unifies digital, analog, and hybrid quantum algorithm design within a single, intuitive environment. The modular design of the software development kit (SDK) streamlines the algorithm development process and enables easy integration with a variety of quantum platforms.
Article of the Week
Understanding the Information Technology Infrastructure Library (ITIL): A Comprehensive Guide
Are your IT systems actually helping the business or just slowing it down? Managing IT these days is messy. All this is in place with cloud services, hybrid setups, multiple vendors, and IaaS running in tandem. Just one minor mistake, one failure, and operations might stop. It is common for teams to use more time fire-fighting than trying to be future-ready.