Thursday May 9, 2024

IBM adds support for Google’s Tensorflow to its PowerAI machine learning framework

 PowerAI is IBM’s machine learning framework for companies that use servers based on its Power processors and NVIDIA’s NVLink high-speed interconnects that allow for data to pass extremely quickly between the processor and the GPU that does most of the deep learning calculations. Today, the company announced that PowerAI now supports Google’s popular Tensorflow machine… Read More Tweet This Post

Teachable books $4 million to turn everybody into educators online

 Education tech startup Teachable (formerly known as Fedora) has raised $4 million in a Series A round of funding according to CEO and founder Ankur Nagpal. The company provides a platform that’s like a Shopify or a SquareSpace for tutors or teachers. Its platform allows subject matter experts to quickly construct online courses and sell […]

Cisco-AppDynamics $3.7 billion deal all about the data

 When Cisco bought AppDynamics last night for $3.7 billion, it was initially a bit of a shocker, partly because of the timing, just days before the startup was scheduled to IPO. While the acquisition was clearly part of a longer term strategy by Cisco to shift focus from its hardware business to one based more […]

Why the $3.7 billion AppDynamics acquisition happened right before IPO

 Applications management company AppDynamics was just wrapping up the final touches on its initial public offering when it learned that Cisco was interested in discussing a potential deal. Preliminary talks were abandoned in November, but the discussion just picked up again last week. The deal was announced today and the IPO was slated to price tomorrow. Although many… Read […]

D-Wave ups its quantum annealing game to 2000 qubits

 Universal quantum computers don’t exist, but that hasn’t stopped D-Wave from carving out its own place in the quantum computing market. Today, the 17-year-old company is announcing its forth quantum chip, the 2000Q, doubling the number of qubits on its exiting 1000Q chip. The Burnaby, British Columbia based company’s chips fall under a specific class of quantum… Read […]

Microsoft Ventures backs Illusive Networks, a cybersecurity firm that protects with deception

 Illusive Networks, a cybersecurity startup based out of Israel that protects networks by building “deception” frameworks to identify and trap malicious hackers, is today announcing that it has added Microsoft Ventures — the software giant’s young investment arm — as its newest strategic investor. In keeping with the its name and purpose in this world, Illusive… Read More […]

Cloud Native Computing Foundation adds Linkerd as its fifth hosted project

 The Cloud Native Computing Foundation (CNCF), the open source group that’s also the home of the popular Kubernetes container management system, today announced that it has added Linkerd as its fifth hosted project. Linkerd (pronounced linker-DEE), which was incubated at Buoyant, follows in the footsteps of other CNCF projects like Kubernetes, Prometheus, OpenTracing and Fluentd. The… […]

Measure raises $15 million to fly drones as a service for other companies

 Measure may not be building the ultimate flying camera, or drones that drop burritos at your door. But the Washington D.C.-based startup has raised $15 million in Series B funding to fly drones as a service for other businesses that want to do things like conduct inspections, capture videos, or gather other insights from on high. […]

TellusLabs wants to help us better understand our planet

 If you’ve spent time following companies like Orbital Insight and Descartes Labs, you might assume the geospatial analytics race has been won. But TellusLabs thinks, on the contrary, that the table hasn’t even started to cool. Armed with $3 million in new seed funding from IA Ventures and an investor group including Hyperplane VC, FounderCollective and Project11, the… […]

HPE acquires SimpliVity for $650M in cash

 HPE today announced that it has acquired data management platform SimpliVity for $650 million in cash. SimpliVity is one of the many companies in this space focused on what is often called “hyperconverged infrastructure.” That sounds like somebody’s buzzword — and it definitely is — but the core idea is pretty sound: hyperconverged systems combine compute,… […]