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AI

D-Matrix lands $44M to build AI-specific chipsets

By Paul Gillin Apr 20, 2022

Three-year-old startup d-Matrix Corp. said today that it has closed a $44 million funding round to support its efforts to build a new type of computing platform that support transformer artificial intelligence workloads. The…

AI

Amazon releases ‘MASSIVE’ database to scale up natural language understanding

By Mike Wheatley Apr 20, 2022

Amazon.com Inc. today announced the release of a massive new dataset, appropriately called “MASSIVE,” which it says can be used to build virtual assistants that support some of the world’s most obscure languages. Alongside…

AI

Spanish startup Nuclia gets $5.4M to advance unstructured data search

By Mike Wheatley Apr 20, 2022

Artificial intelligence-powered search startup Nuclia said today it has raised $5.4 million in a seed funding round led by Crane Venture Partners and Ealai. The round will enable the company to build upon the launch…

Cloud

Amazon launches first AWS Impact Accelerator for Black founders

By Mike Wheatley Apr 20, 2022

Amazon Web Services Inc. said today it’s committing $30 million over the next three years to back early-stage startups led by Blacks, Latinos, women founders and members of the lesbian, gay, bisexual, transgender, queer,…

Cloud

Latest Oracle Exadata servers ascend to the cloud

By Paul Gillin Apr 20, 2022

Oracle Corp. today is completing the rollout of its latest generation of Exadata processors with an announcement that computing services based on the Oracle Exadata Cloud Infrastructure X9M appliance are now available in Oracle Cloud Infrastructure.…

Cloud

New SolarWinds observability platform helps organizations shift from reactive to proactive IT

By Duncan Riley Apr 20, 2022

Information technology management software and observability company SolarWinds Worldwide LLC today launched a new hybrid cloud observability platform designed to shift organizations from a reactive to proactive IT posture. The new service, SolarWinds Hybrid…

Security

VMware report finds cybercriminals are increasingly targeting the financial industry

By Duncan Riley Apr 20, 2022

A new report from VMware Inc. finds that cybercriminals are increasingly targeting the financial industry. The findings, from the aptly named Modern Bank Heist report, highlight a drastic increase in destructive attacks and ransomware, as…

Apps

Netflix shares plunge 35% after first drop in subscribers in 10 years

By Duncan Riley Apr 19, 2022

Updated: Shares in consumer video streaming service Netflix Inc. dropped more than 35% Wednesday today after the company reported its first drop in subscribers in more than 10 years. Netflix has long been the…

Cloud

IBM buoys investors with strong results and a bright forecast

By Paul Gillin Apr 19, 2022

IBM Corp.’s growth story continued to gain momentum today as the computer giant announced first-quarter results that slightly beat expectations and an upbeat forecast that buoyed the stock price in after-hours trading. Quarterly revenue…

Apps

Report: Investment firm Apollo could back bid to take Twitter private

By Maria Deutscher Apr 19, 2022

Investment firm Apollo Global Management Inc. could back an effort to take Twitter Inc. private, the Wall Street Journal reported late Monday. Last week, Tesla Inc. Chief Executive Officer Elon Musk made an offer to…

explore news

D-Matrix lands $44M to build AI-specific chipsets

Amazon releases ‘MASSIVE’ database to scale up natural language understanding

Spanish startup Nuclia gets $5.4M to advance unstructured data search

Amazon launches first AWS Impact Accelerator for Black founders

Latest Oracle Exadata servers ascend to the cloud

VMware report finds cybercriminals are increasingly targeting the financial industry

Netflix shares plunge 35% after first drop in subscribers in 10 years

IBM buoys investors with strong results and a bright forecast

Report: Investment firm Apollo could back bid to take Twitter private

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