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Akamai (AKAM) Advances Development of Deep Learning AI Software
Zacks Investment Research· 2024-03-13 17:16
Akamai Technologies, Inc. (AKAM) teamed up with Neural Magic to develop high powered deep learning AI software tailored for Akamai’s distributed computing infrastructure. Neural Magic is a software developer that expedites and simplifies AI deployment for enterprises. The development of a high-performing platform capable of efficiently running deep learning AI on CPU-based servers is the primary objective of this strategic collaboration.Owing to several complexities associated with integrating AI applicatio ...
Akamai and Neural Magic Partner to Accelerate Deep Learning AI
Prnewswire· 2024-03-12 10:30
Companies announce plan to deploy high-powered deep learning artificial intelligence software at a massive global scale CAMBRIDGE, Mass., March 12, 2024 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), the cloud company that powers and protects life online, and Neural Magic, a developer of software that accelerates artificial intelligence (AI) workloads, today announced a strategic partnership intended to supercharge deep learning capabilities on Akamai's distributed computing infrastructure. The combin ...
Akamai (AKAM) Partners Scaleflex on Advanced Computing Program
Zacks Investment Research· 2024-03-08 13:25
Akamai Technologies, Inc. (AKAM) recently announced that Scaleflex has inked a deal to become an integral part of Akamai Qualified Computing Partner Program for improving digital asset management capabilities for online brands. The endeavor is likely to generate greater customer engagement activities and increase the scope of monetization on the platform.Scaleflex is a visual experience platform that specializes in providing solutions for managing and optimizing digital media assets. The company is known fo ...
Scaleflex Joins Akamai Qualified Computing Partner Program
Prnewswire· 2024-03-07 11:30
CAMBRIDGE, Mass., March 7, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced a partnership with Scaleflex, the first visual experience platform to join the Akamai Qualified Computing Partner Program. Scaleflex and Akamai work together to help provide online brands with an end-to-end digital asset management solution that runs on Akamai Connected Cloud, a massively distributed edge and cloud platform that puts apps and exper ...
DDoS Attacks on Financial Services Industry Up 154%, According to New FS-ISAC/Akamai Report
Prnewswire· 2024-03-06 11:32
Financial services sector is now the number one target for DDoS attacks RESTON, Va. and CAMBRIDGE, Mass., March 6, 2024 /PRNewswire/ -- FS-ISAC, the member-driven, not-for-profit organization that advances cybersecurity and resilience in the global financial system, and Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today released new research on the surge of distributed denial-of-service (DDoS) attacks threatening the financial services sector and its cust ...
Akamai (AKAM) Buoys Security Solutions With Innovative Launches
Zacks Investment Research· 2024-03-05 15:31
Akamai Technologies, Inc. (AKAM) recently announced notable additions to its flagship Akamai App & API (Application Programming Interface) Protector product. The cloud company, trusted to enhance online security, launched advanced protection against sophisticated application-layer distributed denial-of-service (DDoS) attacks.Layer 7 DDoS protections are enhanced to monitor and eliminate short DDoS attack bursts and apply client reputation scores for improved rate limiting. An additional URL Protection is al ...
Akamai Unveils New Capabilities in App & API Protector to Strengthen and Simplify Security Defenses
Prnewswire· 2024-03-04 11:30
Enhancements include Layer 7 DDoS protections and advanced machine learning CAMBRIDGE, Mass., March 4, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced significant additions to its flagship Akamai App & API Protector product, including advanced defenses against sophisticated application-layer distributed denial-of-service (DDoS) attacks. The enhanced Layer 7 DDoS protections now precisely detect and mitigate short DDoS att ...
Akamai(AKAM) - 2023 Q4 - Annual Report
2024-02-28 21:21
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 0-27275 Akamai Technologies, Inc. (Exact name of registrant as specified in its charter) Delaware 04-3432319 (State or other jurisdiction of incorporati ...
Akamai Extending Industry-Leading Segmentation Solution to Hybrid Cloud Environments
Prnewswire· 2024-02-27 11:00
Akamai Guardicore Segmentation is available first to public-cloud customers via Microsoft Azure MarketplaceCAMBRIDGE, Mass., Feb. 27, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced that it is extending its industry-leading segmentation solution, Akamai Guardicore Segmentation, to hybrid cloud environments. Extending Akamai Guardicore Segmentation to the cloud helps reduce attack surfaces and helps contain attacks targeti ...
Akamai (AKAM) Q4 Earnings Beat Estimates on Higher Revenues
Zacks Investment Research· 2024-02-14 16:11
Akamai Technologies, Inc. (AKAM) reported modest fourth-quarter 2023 results, with the bottom surpassing the Zacks Consensus Estimate but the top line missing the same. The company recorded higher revenues year over year, driven by solid momentum in security and compute verticals. Growing adoption of API security solutions in various industries and healthy demand for Akamai Connected Cloud drove the top line.Net IncomeGAAP net income improved to $161.2 million or $1.03 per share from $128.8 million or 82 ce ...