Are investors really paying more for profits than growth today?

What’s better: growing quickly or making lots of money? The answer, in startup terms, is both. But because there is a natural tension between growth (which usually comes with incremental costs, often in advance of new revenues) and profitability (allowing revenue to further extend its coverage of operating costs), most startups lean more on the…

MLOps platform Galileo lands $18M to launch a free service

Galileo, a startup launching a platform for AI model development, today announced that it raised $18 million in a Series A round led by Battery Ventures with participation from The Factory, Walden Catalyst, FPV Ventures, Kaggle co-founder Anthony Goldbloom and other angel investors. The new cash brings the company’s total raised to $23.1 million and…

Creative’s new wireless desktop speakers add RGB lighting too, because why not

PC sound specialist Creative has taken the wraps off its new Creative Pebble Pro computer speakers – a souped-up version of its popular orb-like stereo Pebble desktop system. Coming mere months after the brand released the budget, yet impressive, Pebble Plus, the Pebble Pro boast all-new full-range drivers, the latest-gen Bluetooth 5.3 connectivity, and include a…

Cloud migration is showing little sign of slowing, in spite of global economic issues

A challenging macroeconomic situation may not be deterring businesses from cloud migration, with new Gartner research claiming end-user spending on public cloud services is set to grow 20.7% to a total of $591.8 billion in 2023.  This represents a pretty sizeable jump from the $490.3 billion of cloud spending the analyst firm predicts for the whole…