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Broadcom Inc. Delivers Record-Breaking Financial Performance in Fiscal Year 2024, Driven by AI Revenue Growth and Strategic Integration

Broadcom Inc. Delivers Record-Breaking Financial Performance in Fiscal Year 2024, Driven by AI Revenue Growth and Strategic Integration

PALO ALTO, Calif., Dec. 12, 2024 – Broadcom Inc. (Nasdaq: AVGO), a global leader in semiconductor and infrastructure software solutions, closed fiscal year 2024 with record-breaking financial results, marking a transformative year for the company. With its strategic focus on artificial intelligence (AI) and infrastructure software, Broadcom reported substantial growth in revenue, net income, and…

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Veeam Expands Investor Base with  Billion Secondary Offering, Valuation Hits  Billion

Veeam Expands Investor Base with $2 Billion Secondary Offering, Valuation Hits $15 Billion

Veeam Software, the global leader in data resilience, has expanded its shareholder base through a $2 billion secondary equity offering, elevating its valuation to $15 billion. The transaction was led by TPG, with participation from Temasek, Neuberger Berman Capital Solutions, and other investors. Insight Partners remains the company’s largest shareholder. As enterprises face increasing data…

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Automechanika Dubai 2024 to Propel UAE’s eMobility Goals

Automechanika Dubai 2024 to Propel UAE’s eMobility Goals

Dubai, UAE: Automechanika Dubai 2024, the region’s largest automotive aftermarket event, will spotlight the UAE’s ambitious electric mobility (eMobility) targets. Scheduled from 10-12 December 2024 at the Dubai World Trade Centre, the event will explore cutting-edge strategies, policies, and technologies reshaping sustainable transportation and the automotive aftermarket. The Innovation4Mobility Conference, a highlight of the event,…

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Veeam Strengthens Data Resilience with the Launch of Veeam Data Platform v12.3

Veeam Strengthens Data Resilience with the Launch of Veeam Data Platform v12.3

Veeam® Software, the global leader in data resilience, has announced the release of Veeam Data Platform v12.3, a transformative update designed to address the evolving challenges of cybersecurity and enterprise data management. This latest version introduces powerful new capabilities, including Microsoft Entra ID protection, proactive threat analysis tools, and AI-driven insights, all aimed at fortifying…

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India’s AI Revolution: MeitY Empanels Agencies to Democratize Access to AI Infrastructure

India’s AI Revolution: MeitY Empanels Agencies to Democratize Access to AI Infrastructure

In a major leap forward for India’s artificial intelligence (AI) ecosystem, the Ministry of Electronics and Information Technology (MeitY), through its IndiaAI Independent Business Division (IBD), has initiated the empanelment of agencies to provide AI Compute and Cloud Services. This ambitious project aims to create a scalable AI infrastructure powered by 10,000 GPUs, catering to…

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Black Hat MEA 2024 Set to Open in Riyadh Tomorrow, Poised to Break Records as the Largest Edition to Date

Black Hat MEA 2024 Set to Open in Riyadh Tomorrow, Poised to Break Records as the Largest Edition to Date

Riyadh, Saudi Arabia – November 25, 2024: Black Hat Middle East and Africa (MEA), the world’s fastest-growing cybersecurity event, is set to open tomorrow at the Riyadh Exhibition and Convention Center in Malham. This year’s event marks its largest edition yet, featuring a 51% increase in size compared to 2023. Running from November 26 to…

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Microsoft Launches “Zero Day Quest” to Tackle AI and Cloud Security Threats

Microsoft Launches “Zero Day Quest” to Tackle AI and Cloud Security Threats

Security researchers, from seasoned professionals to aspiring newcomers, are encouraged to join the Zero Day Quest. Details on rules, eligibility, and awards are available on the Microsoft Security Response Center website.
With over $4 million in potential bounties and a unique opportunity to collaborate with Microsoft’s engineering teams, the Zero Day Quest sets a new benchmark for security initiatives. As the digital landscape grows increasingly complex, Microsoft’s leadership in fostering innovation and collaboration ensures a safer future for all.

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