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Microsoft introduces its own enterprise AI chips: ‘Maia’ and ‘Cobalt’.
Microsoft is enhancing its computing infrastructure offerings with the introduction of two new in-house chips tailored for enterprises: Azure Maia 100 and Azure Cobalt 100. These chips were unveiled at the Microsoft Ignite 2023 conference…
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Microsoft fully commits to Gen AI: A comprehensive rundown of all the announcements made at Ignite.
Microsoft’s annual Ignite conference, hosted in Seattle this year, was brimming with exciting announcements and updates concerning the company’s vision and advancements in generative AI technology. These announcements encompassed a wide range of innovations, including…
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Alexa Incurs an Additional $46.7 Million Expense for Amazon
A court in Delaware has mandated that Amazon compensate VB Assets with $46.7 million for violating four patents in its creation of the Echo smart speakers and Alexa virtual assistant. The lawsuit, initiated by Nuance…
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Nvidia and Intel introduce cutting-edge HPC projects, enhancing AI functionalities at SC2023.
The race to build the world’s fastest supercomputers is intensifying, with Nvidia and Intel leading the charge. This competition was evident at the Supercomputing 2023 conference in Denver, where the top 500 supercomputers were unveiled,…
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Klarna, the European buy now, pay later company valued at $6.7 billion, initiates the process towards a forthcoming IPO.
Klarna, the buy now, pay later company, has established a holding company in the United Kingdom, positioning itself at the apex of its corporate structure. This strategic move signifies the groundwork for a potential future…
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Coperniq secures $4 million in seed funding to introduce SaaS solutions to the solar installation industry
How can you determine when a market has reached maturity? Typically, you can assess this by examining traditional indicators such as revenue, market capitalization, customer base, profit margins, and similar metrics. However, there’s one relatively…
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AMD and Korean telco KT invest $22M in AI software developer Moreh’s Series B round.
Investors in Moreh, a startup specializing in AI software tool development that optimizes and creates AI models, include Advanced Micro Devices (AMD) and Korean telecommunications company KT. The company, based in Santa Clara and Seoul,…
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Byterat secures a $4 million seed funding round for the purpose of gathering and analyzing data in battery research laboratories.
During her time in graduate school, Penelope Jones believed she was grappling with the isolation that often plagues doctoral students. Her area of study revolved around electrolytes, a pivotal component in batteries, and a portion…
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Grit secures $7 million in funding to revolutionize software maintenance automation
In a year filled with constant announcements regarding developments in enterprise software and generative AI, there exists an often-overlooked aspect of software development that rarely makes headlines: maintenance. The reality is that virtually every newly…
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Pirros, an AI startup streamlining building and infrastructure drawing sets, secures $2 million in seed funding
Pirros, a technology platform dedicated to enhancing the efficiency of managing drawing sets for architecture and engineering firms, proudly announced today its successful $2 million seed funding round. This investment comes from a group of…
