Maria Deutscher
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CentML raises $27M to speed up AI inference and training
CentML Inc., a startup working to improve the performance of artificial intelligence models, today announced that it has closed a $27 million seed round. The investment was led by Alphabet Inc.’s Gradient Ventures startup fund. Nvidia Corp., Deloitte Ventures, Thomson Reuters Ventures and Radical Ventures contributed as well. CentML was founded in 2022 by AI ...
AWS debuts EU-based sovereign cloud with dedicated data centers
Amazon Web Services Inc. today previewed the AWS European Sovereign Cloud, an upcoming network of data centers that will be used by government agencies and highly regulated enterprises in the European Union. The data centers in question will operate separately from the eight cloud regions AWS already operates within the bloc. According to the Amazon.com ...
Qualcomm introduces new AI-optimized handset and laptop chips
Qualcomm Inc. today debuted its new flagship mobile processor, the Snapdragon 8 Gen 3, which is expected to power the next generation of top-end Android smartphones. The company also introduced a second chip aimed at the laptop market. The Snapdragon X Elite, as it’s called, is based on Arm Holdings plc’s namesake instruction set architecture. ...
NetApp debuts new flash arrays and cloud features at Insight 2023
NetApp Inc. is bolstering its product portfolio with three new flash arrays and updated versions of its cloud-based storage services. The company detailed the product updates at its annual Insight 2023 conference, which is taking place today in Las Vegas. NetApp also used the opportunity to enhance Keystone, a service that allows customers to buy ...
RISC-V startup SiFive lets go 20% of its workforce
Updated with new statement from SiFive SiFive Inc., a well-funded startup that develops RISC-V processors, has let go 20% of its employees and discontinued its core product line. Semiconductor industry journalist Ian Cutress reported the development the development today, citing people familiar with the matter. SiFive confirmed the high-level details of the report in a statement. ...
Nvidia and AMD reportedly developing Arm-based PC processors
Nvidia Corp. and Advanced Micro Devices Inc. are developing new central processing units for Windows computers, Reuters reported today. The upcoming chips are said to be based on blueprints from Arm Holdings plc. Nvidia is best known as a maker of graphics cards, but it’s no stranger to the CPU market. In 2021, the chipmaker ...
Island nabs another $100M for its secure enterprise browser
Island Technology Inc., a startup with a Chromium-based browser built for the enterprise market, today announced that it has raised $100 million in funding at a $1.5 billion valuation. Prysm Capital led the Series C round. Insight Partners, Sequoia Capital, Canapi Ventures and a number of other institutional investors participated as well. Island says that ...
ZenML raises $3.7M for its open-source MLOps platform
ZenML GmbH, a startup working to simplify artificial intelligence development, today announced that it has raised $3.7 million in funding. The capital was provided as an extension to a $2.7 million seed round the company announced in 2021. Point Nine led ZenML’s latest raise. It was joined by Crane along with current and former executives ...
IBM debuts power-efficient NorthPole machine learning processor
IBM Corp. today detailed NorthPole, an internally designed artificial intelligence chip that it says is significantly more power-efficient than competing processors. NorthPole was developed over the course of eight years by staffers at the company’s research lab in Almaden, California. The chip builds on an earlier IBM research project that produced an AI-optimized processor called ...
Chinese AI startup Zhipu raises $300M in funding
Chinese artificial intelligence developer Zhipu has raised more than 2.5 billion yuan, or $342 million, from investors since the start of the year. The company announced the fundraising milestone today. Alibaba Group Holding Ltd. and Tencent Holdings Ltd., China’s two largest tech firms, participated in the round. They were joined by handset maker Xiaomi Corp., ...