Altman Seeks to Raise Billions for Network of AI Chip Factories | DCN
(Bloomberg) -- OpenAI Chief Executive Officer Sam Altman, who has been working to raise billions of dollars from global investors for a chip venture, aims to use the funds to set up…
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EY and Dell collaborate on edge computing initiative for data integration tasks
EY and Dell Technologies have jointly launched an initiative to create edge computing solutions, with the aim of bringing the power of edge ecosystem technologies to the forefront of the…
AWS Plans To Invest $10 Billion In Mississippi, The Largest Capital Investment In The State’s History
Amazon is proud of its partnership with customers, communities, and government leaders in a Harlem-like community in Mississippi. First, let us say that Amazon, puts its money where its mouth…
Mechanical Orchard Raises $24M for Cloud Transition of Legacy Systems
Mechanical Orchard, a tech firm specializing in guiding Global 2000 companies through the transition from mainframe-based systems to cloud-based applications, has successfully secured $24 million in Series A funding. The…
Teamfront Receives Growth Investment From Mainsail Partners
Teamfront, an Austin, TX-based provider of business management software, payments solutions, and services, received a Growth investment from Mainsail Partners. The amount of the deal was not disclosed. The company…
Zededa closes $72M Series C round to expand edge market reach
Edge management and orchestration provider Zededa has raised $72 million in growth capital. The Series C round was led by Smith Point Capital, founded by former Salesforce co-CEO Keith Block.…
Airtel Africa launches Telesonic fibre bandwidth service
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7 Key Advantages Of Hybrid Data Centers
by Shrikant Navelkar, Director, Clover Infotech The need for hybrid data centers is closely tied to the growing adoption of decentralized IT infrastructure in modern business environments. Hybrid data centers…
Rising to the challenge of insider threats
According to a Cybersecurity Insiders report, the average cost of an insider threat incident in 2023 is $15.38m. However, there are tell-tale indicators that your firm could be at risk from…
Stability, Midjourney, Runway hit back hard in AI art lawsuit
The class-action copyright lawsuit filed by artists against companies providing AI image and video generators and their underlying machine learning (ML) models has taken a new turn, and it seems…
Encore Consumer Capital Closes Fund IV and Related Vehicles, at $258M
Encore Consumer Capital, a San Francisco, CA-based private equity investment firm focused on the consumer products industry, closed Encore Consumer Capital Fund IV, LP, and related vehicles, at $258M. Led…
TierPoint Investors Led By Cequel III Acquire High Density Cooling Specialist DDC Cabinet Technology
The spate of M&A and key partnerships in the arena of advanced cooling for artificial intelligence (AI) and cloud data centers continues. The investment backers of multi-tenant cloud and colocation…
Essential responsibilities of a Linux sysadmin
While I don’t imagine that I’ll ever tire of “playing” on the Linux command line – where “playing” implies enjoying how easily I can get a lot of work done…
Myrspoven Raises EUR 5.4M in Funding
Myrspoven, a Stockholm, Sweden-based AI software company operating within building optimization, raised EUR 5.4M in funding. The round was led by 4impact capital, Vantaa Energy, and existing investor AMAVI Capital. The…
OSS commences delivery of latest Gen 5 AI edge compute accelerator
One Stop Systems (OSS), a provider of AI transportable solutions at the edge, has begun shipping its latest Gen 5 4U Pro Accelerator System to a large composable infrastructure provider.…
Wrapmate Receives $16M Investment From JettyCove
Wrapmate, a Denver, CO-based technology-driven managed marketplace, received a $16M investment from JettyCove. The company intends to use the funds to extend its suite of product offerings by introducing progressive…
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