Maria Deutscher
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Microsoft leads $16M round into AI data science startup Pachyderm
Pachyderm Inc., a San Francisco startup that provides a data science platform for easing artificial intelligence development, today disclosed that it has closed a $16 million funding round led by Microsoft Corp.’s M12 venture arm. M12 was joined by existing backers Y Combinator and Benchmark. The investment also included the participation of other backers including ...
Buoyed by standout quarter, Apple hits record $2T market cap
Apple Inc. set another stock market record today by becoming the first U.S. company to achieve a market capitalization of more than $2 trillion. The iPhone maker reached the symbolic milestone this morning when its share price briefly hit $468.65, valuing it $2.004 trillion. That’s more than double what Apple was worth in 2018, when ...
Microsoft targets its fastest Azure AI instance to date at large neural networks
Microsoft Corp. today previewed a new Azure instance for training artificial intelligence models that targets the emerging class of advanced, ultra-large neural networks being pioneered by the likes of OpenAI. The instance, called the ND A100 v4, is being touted by Microsoft as its most powerful AI-optimized virtual machine to date. The ND A100 v4 aims to address ...
AWS launches WorldForge to enable AI simulations in its RoboMaker service
Amazon Web Services Inc. today launched WorldForge, a new tool that allows robotics developers to test their autonomous machines and the artificial intelligence models powering them in simulated environments. WorldForge is part of RoboMaker, AWS’ robotics development service. RoboMaker includes a specialized robot operating system, features for managing fleets of autonomous machines and coding tools for ...
Oracle – yes, Oracle – reportedly wants to buy TikTok’s US operations, too
Oracle Corp. is “seriously considering” to buy TikTok’s U.S. operations, according to sources who spoke to the Financial Times. The publication on late Monday cited people briefed on the matter saying that the database giant has held preliminary talks with TikTok owner ByteDance Ltd. about a potential acquisition. Oracle is also reportedly eyeing TikTok’s operations ...
Facebook AI researchers give MRI scanners a machine learning boost
Facebook Inc.’s research division today said that it has developed an artificial intelligence model that allows MRI scans to be taken up to four times faster without compromising on resolution. The model, aptly called fastMRI, is the fruit of a partnership between Facebook and the NYU Langone Medical Center. The images it produces were found ...
DevOps automation startup Buildkite raises $28M at $200M+ valuation
Buildkite Pty Ltd., an Australian developer tooling startup that boasts big-name customers such as Shopify Inc. and OpenAI, today said that it has closed a $28 million funding round at a valuation exceeding $200 million. The investment was led by OpenView Venture Partners. The investment firm’s earlier bets in the enterprise software market include publicly ...
IBM’s new AI-optimized Power10 chip packs dedicated math and encryption circuits
IBM Corp. today revealed the Power10 chip, the latest addition to its homegrown server processor series, that packs several new technologies such as a specialized module that the company says will enable an up to 20-times increase in artificial intelligence performance. The chip (pictured), introduced at the annual Hot Chips conference that’s running online this year, ...
Rackspace shares soar after Amazon reported in talks for minority stake
Amazon.com Inc. is reportedly looking to acquire a minority stake in partner Rackspace Technology Inc., which works with its Amazon Web Services Inc. business to help enterprises adopt the cloud. Word of the talks emerged this morning via a report from Reuters. Amazon and Rackspace’s discussions are in a preliminary stage and it’s not guaranteed that a ...
US places new trade restrictions on Huawei to limit its chip access
The U.S. Commerce Department today announced new rules aimed at further limiting Huawei Technologies Co. Ltd.’s ability to obtain semiconductors made with U.S. technology. The rules are the latest in a series of trade restrictions that the Trump administration has placed on Huawei since the start of 2019. Last May, the Commerce Department disallowed U.S. ...