Tag: Cloud

IBM-Red Hat: Should developers worry we’re headed back to the 1990s?

IBM finalized its $34 billion acquisition of Red Hat last week, one of the largest technology deals in history. A lot is on the line for IBM and for CEO Ginny, who some have said is staking her legacy on the deal. The companies themselves believe that, combined, they are “the leading hybrid cloud provider.” […]

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AI Weekly: A growing chorus of experts agrees facial recognition systems must be regulated

On Tuesday, Oakland became the third U.S. city after San Francisco and the Boston suburb of Somerville to ban facial recognition use by local government departments, including its police force. The ordinance adopted by the city council, which was written by Oakland’s Privacy Advisory Commission and sponsored by Councilmember Rebecca Kaplan, prohibits the city and […]

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Microsoft reports $33.7 billion in Q4 2019 revenue: Azure up 64%, Surface up 14%, and LinkedIn up 25%

Microsoft today reported earnings for its fourth fiscal quarter of 2019, including revenue of $33.7 billion, net income of $13.2 billion, and earnings per share of $1.71 (compared to revenue of $30.1 billion, net income of $8.9 billion, and earnings per share of $1.14 in Q4 2018). All three of the company’s operating groups saw […]

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How Royal Caribbean is using computer vision to track crowds at dining destinations

Royal Carribean’s Spectrum of The Seas — the third-largest class of cruise ship in the world by gross tonnage — can accommodate over 6,000 people and 2,500 crewmembers during its nine-night Asia voyages. That’s a lot of mouths to feed, particularly mornings prior to port, when throngs of passengers nab breakfast before deboarding. So how […]

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InCountry raises $15 million to help multinational companies comply with data residency regulations

InCountry, a so-called “data residency-as-a-service” platform that helps multinational companies store customer data locally, has raised $15 million in a series A round of funding led by Arbor Ventures and Global Founders Capital, with participation from Caffeinated Capital, Felicis Ventures, and Charles River Ventures. The San Francisco-based startup, which exited stealth with $7 million in […]

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Google increases rewards for hacking Chrome, Chrome OS, and Google Play

Google, which has already paid security researchers over $15 million since launching its bug bounty program in 2010, today increased bug bounties across the Chrome Vulnerability Reward Program and the Google Play Security Reward Program. Bug bounty programs are a great complement to existing internal security programs. They help motivate individuals and hacker groups to […]

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Pivot raises $17 million for AI-powered home workouts

There’s no shortage of fitness apps that promise to tone your muscles and boost your baseline heart rate in no time, but a new challenger on the block claims its approach is more holistic than most. San Francisco-based Pivot, which today emerged from stealth with $17 million in series A funding led by DCM with […]

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Microsoft-AT&T partnership is a preemptive strike in 5G

AT&T and Microsoft announced a multiyear partnership that will see AT&T move its non-network infrastructure computing needs to the Microsoft Azure cloud as it becomes a “cloud first” company. Aside from the 270K employees at AT&T that will now migrate to the Office 365 platform for office and collaboration needs, and the various apps and […]

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AT&T teams with Microsoft on 5G, AI, cloud, and edge innovations

AT&T’s mobile 5G network isn’t actually attracting consumers yet, but businesses are interested in the transformational improvements 5G can bring — and Microsoft is getting out in front of the impending wave of change. The carrier and enterprise-focused software maker announced today that they’re “joining forces to innovate around 5G, AI, cloud, and edge computing,” a […]

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Icertis raises $75 million to automate contract management

There’s more to managing contracts than most folks realize. Deals between companies of a certain size must be executed to the letter after they’re drawn up and finalized, and then continuously analyzed to reduce financial risk and improve performance. That’s why manual contract management is estimated to cost businesses in segments like health care tens […]

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Ascend exits stealth with $19 million to create automated, intelligent dataflows

Data may be king, but it is only valuable if you can do something useful with it. Ascend emerged from stealth today with $19 million in capital in its pocket and the goal of simplifying a key part of data handling with its Autonomous Dataflow Service. The primary pain point Ascend is addressing is the […]

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Built In raises $22 million to connect job seekers with employers

Built In, a startup fostering tech talent pools in cities around the U.S., today announced that it has recently closed a $22 million series C funding round led by Updata Partners. The fresh capital, a portion of which was contributed by existing investors, including Math Venture Partners, brings the company’s total raised to around $30 […]

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Flybits raises $35 million to personalize customer experiences with AI

Knowing when and where a person is, was, and will be can enable magical customer experiences. That’s the founding premise of Toronto- and San Francisco-based startup Flybits, and it’s swiftly winning over customers — and attracting investors in turn. Flybits today announced that it’s raised $35 million in series C funding led by Point72 Ventures, […]

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The power of context in our digital world and how AI can interpret it

Presented by fonYou In times gone by, you would get to know your village shopkeeper and they would get to know you. You’d have a friendly exchange and buy the things you need for your family. Once in a while they would say something like “I’ve got in some more of that hot chocolate you […]

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Twitter rebuilds website for ‘write once, run everywhere’ philosophy

Twitter today began rolling out a new version of Twitter.com, rebuilt “from the ground up.” The company says the project, which impacts the front end and the back end, has been years in the making. Twitter’s biggest redesign in nearly seven years is meant to be a clean slate that will help the team more […]

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Amperity raises $50 million to unify disparate customer data

Ampertiy, a startup developing a range of AI-powered customer data management solutions, today announced that it has raised $50 million in a series C round led by Tiger Global Management, with participation from Goldman Sachs, Declaration Partners, Madera Technology Partners, and Madrona Venture Group. The capital infusion comes after a $28 million series B round […]

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AI Weekly: Highlights from VentureBeat’s AI conference Transform

This week, VentureBeat held its largest AI conference in company history. Front and center were startups tackling compelling challenges as well as executives from the largest AI companies in the ecosystem, like Microsoft, Google, Facebook, and Amazon. With seven stages and over 1,000 people over two days, it’s tough to follow everything that happened, but […]

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AWS AI VP: Developers drive all innovation in technology

In a wide-ranging discussion today at VentureBeat’s AI conference Transform in San Francisco, AWS AI VP Swami Sivasubramanian declared “Every innovation in technology is going to be driven by developers.” Sivasubramanian made the statement while talking about growing demand for machine learning engineers and internal efforts at Amazon to train more employees to use machine […]

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Facebook VP: AI has a compute dependency problem

In one of his first public speaking appearances since joining Facebook to lead its AI initiatives, VP Jérôme Pesenti expressed his concern about the growing use of compute power necessary to create powerful AI systems. “I can tell you this is keeping me up at night,” Pesenti said. “The peak compute for companies like Facebook […]

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Microsoft Teams has 13 million daily active users, beating Slack

Microsoft Teams, which launched worldwide in March 2017, has 13 million daily active users and 19 million weekly active users. This is the first time the company has released daily and weekly usage metrics for Teams. Microsoft also announced some new features for Teams, specially targeting health care organizations and firstline workers. Teams is the […]

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