Tag: tech industry

  • Why Composability Is Essential for Scaling of Digital Twins

    Why Composability Is Essential for Scaling of Digital Twins

    A composable digital twin draws from six clusters of capabilities that help manage the integrated model and other digital twin instances based on the model. Digital twins allow businesses to model buildings, goods, production lines, facilities, and procedures. This can enhance performance, rapidly identify quality issues, and facilitate more informed decision-making. Today, the majority of…

  • Polygon Founder Raises USD 50M for Emerging Markets-Focused Web3 Venture

    Polygon Founder Raises USD 50M for Emerging Markets-Focused Web3 Venture

    Ethereum scaling platform at layer two Earlier this year, Polygon completed its first significant fundraising round, raising USD 450 million. Sandeep Nailwal, the protocol’s co-founder, is now announcing the formation of Symbolic Capital, a venture capital firm created by and for web3 creators. According to Nailwal, Symbolic intends to support businesses that are primarily creating…

  • Google Introduces New App to Test Experimental AI Systems Like LaMDA

    Google Introduces New App to Test Experimental AI Systems Like LaMDA

    Google has launched AI Test Kitchen, an Android app that allows users to try out experimental AI-powered systems from the company’s labs before they make their way into production. As AI Test Kitchen starts to gradually roll out to small groups in the U.S., interested individuals can begin by filling out a sign-up form starting…

  • Zuora Acquires Subscription Paywall Software Startup Zephr for USD 44M

    Zuora Acquires Subscription Paywall Software Startup Zephr for USD 44M

    Zuora Inc., a provider of cloud subscription services, announced that it has reached an agreement to buy subscription paywall startup Zephr Inc. for USD 44 million cash. The addition of Zephr’s subscription paywall platform, according to Zuora, will give businesses the flexibility they need to quickly experiment and launch new digital services. Together, the two…

  • Intel Unveils Flex Graphics Card Series for The Data Centre Market

    Intel Unveils Flex Graphics Card Series for The Data Centre Market

    The Flex Series, a new lineup of graphics processing units designed for use in servers, has been added to Intel Corp.’s data center chip portfolio. At launch, the Flex Series has two GPUs. While the second GPU has twice as many cores and 16 gigabytes of memory, the first GPU has 16 graphics processing cores…

  • Best Practices for Developing Cloud-Based Machine Learning Platforms

    Best Practices for Developing Cloud-Based Machine Learning Platforms

    Increasingly, organizations are becoming more adept at delivering top-notch customer experiences by leveraging cloud-native platforms that can run large AI and ML workloads. Platforms are fundamentally a collection of technologies that act as a foundation on which other applications can be built, contributed to, experimented with, and scaled. They support several of the most cutting-edge technological capabilities…

  • Anyscale Raises USD 99M to Build Out Its Distributed AI Computing Platform

    Anyscale Raises USD 99M to Build Out Its Distributed AI Computing Platform

    The distributed computing startup Anyscale Inc., founded three years ago by a group of researchers from the University of California at Berkeley, said it has closed on a USD 99 million round of funding, adding to the USD 100 million it raised in December. Foundation Capital, which also took part in the previous round, co-led…

  • Assembly AI Launches AI-As-A-Service API to Facilitate Model Creation

    Assembly AI, an API startup based in California, has introduced AI-as-a-service API to give users a single tool for text conversion from audio or video. By assisting in the development of models for transcription, comprehension, and analysis of the audio data, it is intended to empower developers. The APIs are available as an AIaaS model…

  • Why Data Fragmentation is a Top Concern for Cloud-Focused Enterprises?

    Why Data Fragmentation is a Top Concern for Cloud-Focused Enterprises?

    With data being the incredibly valuable commodity that it is today, and considering the rate at which it is expanding, fragmentation has created an ideal ground for ransomware perpetrators. The ubiquity of ransomware attacks has become such a scary scenario for enterprises that the issue has escalated to a board-level one. Every year, data rises…

  • Nexla to Offer Pre-Packaged Ready-To-Use Datasets with Latest Acquisition

    Nexla to Offer Pre-Packaged Ready-To-Use Datasets with Latest Acquisition

    San Mateo, California-based collaborative data operations platform Nexla has announced the acquisition of Fidap, a company that provides clean datasets for advanced analytics and machine learning applications. The agreement’s terms weren’t made public. The company’s platform uses a combination of “data fabric architecture” and metadata to collaboratively integrate, convert, deliver, and monitor data from various…