Advanced Computing in the Age of AI|Monday, August 10, 2020
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investment

Undeterred, VCs Bet on Cloud, Data Startups

If the global economy is to recover from a pandemic that has so far killed tens of thousands while disrupting supply chains and causing widespread unemployment, the technology sector ...Full Article

Investors Flock to AI Chip Startups

As the market for AI processors continues to expand, well-heeled chip startups are emerging to challenge market leaders like Nvidia. Among them is the Israeli startup, Hailo, which announced ...Full Article

Seeq, IIoT Analytics Vendor, Raises Cash

Seeq Corp., a developer of analytics software for manufacturing and industrial Internet of Things applications, has raised an additional $23 million in a recent funding round that included the ...Full Article

HPE Targets Data at Network Edge

Amid a flurry of cloud and networking initiatives announced by Hewlett Packard Enterprise was a commitment to invest $4 billion over the next four years to develop new technologies ...Full Article

IBM Expands Partnership With App Developer

IBM has been working with an application developer startup called Lightbend Inc. on artificial intelligence, cognitive and other distributed applications, most destined to run in the cloud. The startup ...Full Article

‘API Economy’ Gets a ‘Middleman’

The assertion that the "API economy" is upon us gained a measure of credence this week with a high-profile investment in a startup behind an open-source API platform designed ...Full Article

Pivotal Raises $253M to Extend Cloud Foundry

As the shift to cloud native applications and services gains steam, major corporations are placing big bets on emerging approaches to accelerating digital enterprises in the cloud. Among the ...Full Article

Pivot3 Will Use New Funding to Integrate Flash Acquisition

Storage specialist Pivot3, which recently acquired flash array startup NexGen Storage Inc., said this week it has completed a $55 million funding round as it rolls out an expanded ...Full Article

GM Puts $332 Million toward Four Plant Upgrades

<img style="float: left;" src="http://media2.hpcwire.com/dmr/detroit.jpg" alt="" width="95" height="71" />As we see the automotive industry shift away from big six and eight-cylinder engines and look instead at packing the most power ...Full Article
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