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Cloud

Freight orchestration startup Convoy raises $260M at $3.8B valuation

By Maria Deutscher Apr 21, 2022

Convoy Inc., a logistics startup on track to generate more than $1 billion in revenue this year, today announced that it has raised $260 million from investors at a $3.8 billion valuation. The financing…

Emerging Tech

Amazon launches $1B fund to invest in supply chain technology companies

By Maria Deutscher Apr 21, 2022

Amazon.com Inc. today announced plans to invest $1 billion in companies developing supply chain technologies such as warehouse robots. The investments will be made through a new fund known as the Amazon Industrial Innovation…

Cloud

Amazon launches AWS IoT TwinMaker to bring digital twins into the mainstream

By Mike Wheatley Apr 21, 2022

Amazon Web Services Inc. today announced the general availability of a new service that enables companies to create digital twins of physical assets such as buildings, factories, products and production line equipment. With AWS…

Apps

Elon Musk secures $46.5B in financing commitments to acquire Twitter

By Maria Deutscher Apr 21, 2022

Elon Musk has secured $46.5 billion in financing commitments to take Twitter Inc. private, according to a filing with the U.S. Securities and Exchange Commission that was released today. Earlier this month, Musk announced…

Big Data

Databricks targets media firms with its fourth vertical market analytics package

By Paul Gillin Apr 21, 2022

Databricks Inc. is continuing its recent campaign to court customers in vertical industries with today’s announcement of an analytics platform targeted at the media and entertainment industry. The company, which sells an analytics platform…

Blockchain

Decentralized identity startup Spruce raises $34M led by a16z

By Kyt Dotson Apr 21, 2022

Spruce Systems Inc., a single-sign-on decentralized identity startup for Web3, announced Wednesday that it has raised $34 million in early-stage funding led by Andreessen Horowitz to allow people to break away from centralized big…

AI

Speechmatics adds entity formatting to improve its speech recognition software

By Mike Wheatley Apr 21, 2022

U.K.-based startup Speechmatics said today it’s taking a big step in advancing speech recognition with the addition of “entity formatting” to its Autonomous Speech Recognition software. The startup, officially named Cantab Research Ltd., says it’s…

Big Data

StreamNative launches cloud-native Kafka service built on Apache Pulsar

By Mike Wheatley Apr 21, 2022

Cloud-native messaging and streaming platform provider StreamNative Inc. is making it easier for enterprises to migrate from the Apache Kafka event streaming platform to Apache Pulsar with the launch of StreamNative Cloud for Kafka in…

Cloud

Canonical Ubuntu 22.04 release increases cloud security and compliance

By Kyt Dotson Apr 21, 2022

Linux software company Canonical Ltd. today announced the release of a new version of Ubuntu Linux that includes features for cloud security, real-time industrial applications and enterprise compliance. Ubuntu offers the most popular Linux operating…

Blockchain

SALT teams with Cion Digital to bring cryptocurrency lending to auto dealerships

By Duncan Riley Apr 21, 2022

Cryptocurrency lending company Salt Blockchain Inc. has announced a strategic partnership with blockchain orchestration company Cion Digital Inc. to bring cryptocurrency lending to auto dealerships in the U.S. The partnership will make crypto-lending solutions…

the latest

Freight orchestration startup Convoy raises $260M at $3.8B valuation

Amazon launches $1B fund to invest in supply chain technology companies

Amazon launches AWS IoT TwinMaker to bring digital twins into the mainstream

Elon Musk secures $46.5B in financing commitments to acquire Twitter

Databricks targets media firms with its fourth vertical market analytics package

Decentralized identity startup Spruce raises $34M led by a16z

Speechmatics adds entity formatting to improve its speech recognition software

SALT teams with Cion Digital to bring cryptocurrency lending to auto dealerships

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