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Emerging Tech

Daimler, Sequoia Capital invest in Chinese self-driving car startup Momenta

By Duncan Riley Jul 26, 2017

In another sign of growing interest in self-driving cars, Chinese vehicle technology startup Momenta Tuesday announced it has raised $46 million. The Series B round was led by NIO Capital and included Sequoia Capital, Hillhouse Capital, Shunwei…

Cloud

Survey: IT pros, executives disagree on what a hybrid cloud actually is

By Mike Wheatley Jul 26, 2017

As companies increasingly shift their information technology operations to the cloud, more and more are adopting so-called “hybrid cloud” solutions. But surprisingly, not everyone shares the same definition of what a hybrid cloud actually…

Cloud

RightScale’s Optima tool helps companies manage cloud computing costs

By Mike Wheatley Jul 25, 2017

As cloud computing rapidly becomes the norm, enterprises have found there are big benefits to be had from adopting what’s called a “multicloud” strategy that involves using services from more than one provider. The…

Emerging Tech

Artificial intelligence startup Vicarious raises $50M in new funding

By Duncan Riley Jul 25, 2017

Artificial intelligence startup Vicarious FPC Inc. has raised $50 million in a Series C funding round led by Khosla Ventures. Founded in 2010, Vicarious is developing the “recursive cortical network,” a system that the company…

Emerging Tech

Miss those moonshots? Google develops algorithm to accelerate nuclear fusion research

By Mike Wheatley Jul 25, 2017

Google Inc. may have cut back on its moonshots, but it’s not done with them just yet. The tech giant said Tuesday that its scientific researchers are working with nuclear power company Tri Alpha Energy…

Emerging Tech

SEC rules that initial coin offerings are subject to securities law

By Duncan Riley Jul 25, 2017

The U.S. Securities and Exchange Commission has finally waded into the murky, unregulated world of crowdfunded “initial coin offerings,” ruling Tuesday that cryptocurrency units or “tokens” offered in a recent ICO constituted financial securities…

Apps

Language learning app Duolingo raises $25M at a $700M valuation

By Eric David Jul 25, 2017

Language learning platform Duolingo Inc. announced today that it has closed a $25 million late-stage funding round led by Drive Capital. According to the company, the Series E round brings its total funding to $108.3 million…

Infra

AMD pleases investors with earnings upside thanks to strength in data center chips

By Paul Gillin Jul 25, 2017

Buoyed by the success of its Ryzen line of Intel Corp. x86-compatible processors and initial favorable reviews of its new Epyc line of chips for the data center, Advanced Micro Devices Inc. knocked its second-quarter results out…

Big Data

How SnappyData is enriching Spark as a hybrid database

By Betsy Amy-Vogt Jul 25, 2017

Enriching Apache Spark so it’s not just a platform but also a store is just part of the innovation occurring at SnappyData Inc., according to Jags Ramnarayan (pictured), founder and chief technical officer of SnappyData. Built on…

Emerging Tech

Visbit opens all-in-one VR streaming platform to developers

By Kyt Dotson Jul 25, 2017

Virtual reality and 360-degree video streaming company Visbit Inc. announced today that it is opening up its platform to developers. The company released a software development kit for the Unity mobile engine and a…

the latest

Daimler, Sequoia Capital invest in Chinese self-driving car startup Momenta

Survey: IT pros, executives disagree on what a hybrid cloud actually is

Artificial intelligence startup Vicarious raises $50M in new funding

Miss those moonshots? Google develops algorithm to accelerate nuclear fusion research

SEC rules that initial coin offerings are subject to securities law

Language learning app Duolingo raises $25M at a $700M valuation

AMD pleases investors with earnings upside thanks to strength in data center chips

How SnappyData is enriching Spark as a hybrid database

Visbit opens all-in-one VR streaming platform to developers

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