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AI

AI transcription startup Verbit closes $250M funding round

By Maria Deutscher Nov 23, 2021

Startup Verbit Inc. today announced that it has secured a $250 million funding round at a $2 billion valuation to develop more features for its namesake transcription and captioning platform. The feature development effort…

Apps

Vercel raises $150M to expand its front-end web dev platform

By Kyt Dotson Nov 23, 2021

Vercel Inc., the creator of the Next.js JavaScript framework for front-end web development, today announced that it has raised $150 million in new funding. GGV Capital led the Series D round, with participation from…

Cloud

High-performance computing startup Rescale closes $105M round

By Maria Deutscher Nov 23, 2021

Rescale Inc., a startup that helps companies run high-performance computing applications such as physics simulations in the cloud, has closed an expanded $105 million Series C round to support business growth. The round was…

Cloud

Watch live: AI, edge and custom silicon innovations on deck for AWS re:Invent 2021

By Mark Albertson Nov 23, 2021

Despite holding an all-virtual re:Invent in 2020, Amazon Web Services Inc. still rolled out a significant number of announcements. This year’s gathering will be a hybrid version, with in-person attendees in Las Vegas combined…

Big Data

Crate.io debuts CrateOM to deliver instant insights on factory floors

By Mike Wheatley Nov 23, 2021

Crate.io Inc. believes it has found a way to deliver more insights to customers using its database at the edge. The creator of CrateDB today announced the launch of CrateOM, a new service that’s…

AI

AI chatbot startup Kore.ai extends Series C funding round with backing from Nvidia

By Mike Wheatley Nov 23, 2021

Conversational artificial intelligence startup Kore.ai Inc. said today it has extended its Series C funding round to $73.5 million following a further investment from Nvidia Corp. The company had originally raised $50 million in…

Security

Data stolen in hack of wind turbine maker Vestas

By Duncan Riley Nov 22, 2021

Wind turbine maker Vestas Wind Systems A/S has been struck by a cyberattack that resulted in the theft of data. Vestas said in a statement today that it had discovered a “cybersecurity incident” on…

Security

FBI and CISA warns that critical infrastructure could be attacked over the holidays

By Duncan Riley Nov 22, 2021

The U.S. Federal Bureau of Investigation and the Department of Homeland Security’s Cybersecurity and Infrastructure Agency today issued an alert about threats against critical infrastructure during holidays and weekends. The alert is to remind critical…

Emerging Tech

Walmart will now start sending goods to people’s homes by drone in Arkansas

By James Farrell Nov 22, 2021

If you live close to Walmart Inc.’s store in Farmington, Arkansas, you may soon receive your first delivery via drone. The retail giant announced today that it has teamed up with DroneUp LLC, a…

Security

Data of 1.2M customers stolen in GoDaddy’s latest data breach

By Duncan Riley Nov 22, 2021

The data of up to 1.2 million GoDaddy Inc. customers who use the company’s managed WordPress hosting have been stolen in the latest data breach to involve the web hosting and domain registration provider.…

all stories

AI transcription startup Verbit closes $250M funding round

Vercel raises $150M to expand its front-end web dev platform

Watch live: AI, edge and custom silicon innovations on deck for AWS re:Invent 2021

Crate.io debuts CrateOM to deliver instant insights on factory floors

AI chatbot startup Kore.ai extends Series C funding round with backing from Nvidia

Data stolen in hack of wind turbine maker Vestas

FBI and CISA warns that critical infrastructure could be attacked over the holidays

Walmart will now start sending goods to people’s homes by drone in Arkansas

Data of 1.2M customers stolen in GoDaddy’s latest data breach

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