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Blockchain

IBM denies claim it greatly scaled back its blockchain unit

By Duncan Riley Feb 1, 2021

International Business Machines Corp. today denied a report that claims it has greatly scaled back its blockchain unit and laid off the majority of the unit’s staff. The report, from Ian Allison at Coindesk…

Apps

Robinhood raises additional $2.4B amid ongoing frenzy around GameStop

By Duncan Riley Feb 1, 2021

Robinhood Market Inc. today said it has raised an additional $2.4 billion on top of the $1 billion it raised last week to give it enough capital to survive the frenzy in retail trading that…

Cloud

Google to shut down Stadia game development studio

By Duncan Riley Feb 1, 2021

Google LLC today announced it’s shutting down its Stadia game development studio in a possible sign that all is not well with its cloud gaming service. Stadia, announced in March 2019, allows users to…

AI

Machine learning experiment tracking startup Weights and Biases raises $45M

By Mike Wheatley Feb 1, 2021

Machine learning startup Weights and Biases Inc. said today it has raised $45 million in a new round of funding that brings its total amount raised to $65 million. The Series B round was…

Cloud

Microsoft brings its Azure Quantum cloud service into public preview

By Mike Wheatley Feb 1, 2021

Microsoft Corp. said today that its Azure Quantum platform that lets customers play around with quantum computing tools built by its hardware and software partners is now in public preview. The company wants researchers…

AI

RPA provider UiPath raises $750M at massive $35B valuation

By Maria Deutscher Feb 1, 2021

Robotic process automation provider UiPath Inc. today announced that it has closed $750 million in new funding at a post-money valuation of $35 billion, more than three times what it was worth after its…

Big Data

With massive $1B infusion, Databricks takes aim at IPO and rival Snowflake

By Paul Gillin Feb 1, 2021

When Bloomberg recently disclosed Databricks Inc.’s ambitions to go public early this year, it noted that the company was aiming for a “significantly higher” valuation than the $6.2 billion it was assigned after closing…

Cloud

Ford and Google team up for Android-powered connected cars

By Maria Deutscher Feb 1, 2021

Ford Motor Co. today announced a broad, six-year partnership with Google LLC to install Android in millions of upcoming vehicles. Under the agreement, Ford has also named Google as its preferred cloud provider and…

Security

Kubernetes security startup Alcide acquired by Rapid7 for $50M

By Maria Deutscher Feb 1, 2021

Publicly traded cybersecurity provider Rapid7 Inc. today disclosed that it has acquired Alcide.IO Ltd., a startup with a software platform for protecting Kubernetes clusters from cyberattacks. The deal is valued at about $50 million.…

Blockchain

Fine wines become first tokenized security issued under new Swiss blockchain law

By Kyt Dotson Feb 1, 2021

Syngum Bank AG and Fine Wine Capital AG today announced that a range of premium investable wines have been tokenized onto a distributed ledger blockchain, creating the first asset tokens issued under a new…

all stories

IBM denies claim it greatly scaled back its blockchain unit

Robinhood raises additional $2.4B amid ongoing frenzy around GameStop

Machine learning experiment tracking startup Weights and Biases raises $45M

RPA provider UiPath raises $750M at massive $35B valuation

With massive $1B infusion, Databricks takes aim at IPO and rival Snowflake

Ford and Google team up for Android-powered connected cars

Kubernetes security startup Alcide acquired by Rapid7 for $50M

Fine wines become first tokenized security issued under new Swiss blockchain law

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