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AI

Apple quietly launched an open-source multimodal LLM called Ferret

By Mike Wheatley Dec 25, 2023

Artificial intelligence researchers from Apple Inc. and Cornell University quietly unveiled an open-source and multimodal large language model last October known as Ferret, which is said to use parts of images as queries. According…

Infra

Toshiba to expand power management chip production with $175M investment

By Maria Deutscher Dec 25, 2023

Toshiba Corp. will spend 125 billion yen, or about $175 million, to expand the production lines it uses to manufacture power management chips. Reuters reported the plan on Friday. Toshiba Chief Executive Officer Taro…

Cloud

Iris Software receives private equity investment at £3.15B valuation

By Maria Deutscher Dec 25, 2023

Private equity firm Leonard Green & Partners has made an investment in Iris Software Group Ltd. at a valuation of £3.15 billion, or about $4 billion. The London-based business software maker announced the deal…

Emerging Tech

Apple reportedly expects to ship 500,000 Vision Pro headsets in 2024

By Maria Deutscher Dec 25, 2023

Apple Inc. is expected to ship 500,000 Vision Pro mixed reality headsets in 2024, significantly less than the 1 million the company reportedly targeted as recently as earlier this year. The new prediction comes…

Security

New Chameleon Android malware variant emerges with fingerprint lock bypass capability

By Duncan Riley Dec 24, 2023

A new variant of Chameleon Android malware has been found in the wild with new features, notable among them the ability to bypass fingerprint locks. The Chameleon Android banking trojan first entered the scene…

AI

OpenAI reportedly discussing new funding round that would raise its value to over $100B

By Mike Wheatley Dec 24, 2023

Microsoft-backed artificial intelligence startup OpenAI, the creator of ChatGPT, is reportedly holding discussions with investors over a fresh round of funding that would value it at or above $100 billion — cementing OpenAI’s status…

Cloud

Business services giant realizes outsized cost savings by moving to the cloud

By Paul Gillin Dec 24, 2023

Conventional wisdom says the wrong reason to migrate to the cloud is to save money, with cost reductions typically topping out at no more than 15%. Don’t tell that to Cintas Corp., though. The…

Emerging Tech

Innovation for tomorrow: The essential eight technologies set to propel business success in 2024

By Scott Likens Dec 24, 2023

The pace of technology innovation today is quickly closing the gap between the possible and impossible. Just think of what we’ve seen in the proverbial blink of an eye – groundbreaking achievements in artificial…

Cloud

The rise of observability and why it matters to your business

By Dave Vellante Dec 23, 2023

The rapid awareness and adoption of artificial intelligence has increased concerns around security, governance, compliance and business risk. The digital business imperative to improve customer experience combined with a vastly more complex technology environment,…

Policy

Report: Pentagon has so far committed only a fraction of its JWCC cloud contract’s $9B budget

By Maria Deutscher Dec 22, 2023

The Pentagon has so far committed only a small fraction of the $9 billion it intends to spend on cloud services under its JWCC contract. The Washington Post reported the news today, citing officials…

the latest

Apple quietly launched an open-source multimodal LLM called Ferret

Toshiba to expand power management chip production with $175M investment

Iris Software receives private equity investment at £3.15B valuation

Apple reportedly expects to ship 500,000 Vision Pro headsets in 2024

New Chameleon Android malware variant emerges with fingerprint lock bypass capability

OpenAI reportedly discussing new funding round that would raise its value to over $100B

Innovation for tomorrow: The essential eight technologies set to propel business success in 2024

The rise of observability and why it matters to your business

Report: Pentagon has so far committed only a fraction of its JWCC cloud contract’s $9B budget

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