SYDNEY: Jayride Group Limited (ASX: JAY), a global ground transportation technology company, announced the launch of a new B2B Software-as-a-Service (SaaS) platform designed to streamline operations for transport providers. The platform aims to address key industry challenges, including delayed payments, manual processes and fragmented systems. The SaaS offering, branded as “Powered by Jayride,” integrates…
LOS ANGELES: Diskover, a leader in helping enterprises manage unstructured data at exabyte scale, announced Tuesday a series of major milestones: closing a $7.5 million seed funding round, forming partnerships with Snowflake and NetApp — both of which are now investors — and acquiring data intelligence platform CloudSoda. The moves mark a significant expansion for…
Altimetrik, a pure-play digital business services company, has announced the appointment of Adam Caplan as President of Digital Business and AI. Caplan will report to CEO Raj Sundaresan and lead the company’s digital and AI initiatives across various industries. Caplan is a veteran in enterprise technology adoption, having served as the Senior Vice President…
Entrada, a leading Databricks consulting and implementation services firm, has secured a strategic investment from Databricks Ventures, the investment arm of the Data and AI company. The investment will help Entrada scale its next leg of growth and deliver industry-focused AI + data solutions to its customers. Entrada’s CEO, Trey Roldan, said that the…
Gen AI, or Generation AI, is the term used to describe the wave of artificial intelligence (AI) applications that are becoming accessible and affordable for businesses of all sizes and sectors. Gen AI is not just a buzzword, but a powerful force that can democratize AI and flatten decision-making structures. In this blog post,…
Samsung Electronics, the world’s largest memory chip maker, has announced the development of a new high-bandwidth memory (HBM) chip that boasts the highest capacity and performance in the industry. The new chip, dubbed HBM3E 12H, is designed to meet the growing demand for high-capacity memory from AI service providers, who use generative AI models…
Lenovo, the global leader in smart devices and solutions, showcased its latest hardware and software solutions at MWC 2024, highlighting its focus on AI-driven innovation and commitment to a more sustainable future. These include: Lenovo also announced its dedication to the circular economy by innovating in the supply chain, product design, and services and…
NTT DATA, a global leader in IT infrastructure and services, and Schneider Electric, a pioneer in digital transformation for energy management and automation, have announced a strategic partnership to deliver a unique edge computing solution that integrates Edge, Private 5G, IoT, and Modular Data Centers. The solution, which combines NTT DATA’s Edge as a…
Orkes, a company that provides a fast and easy way to scale distributed systems, has secured $20 million in a funding round led by Nexus Venture Partners. The company, which launched in 2022 and raised $9.3 million in its previous round, has grown rapidly by offering a suite of industry-first AI tools and winning…
Intel Foundry Services (IFS) and Cadence Design Systems, Inc. have announced a multiyear strategic agreement to jointly develop a portfolio of key customized IP, optimized design flows and techniques for Intel 18A technology, which features advanced transistors and power delivery methods. The partnership aims to help customers accelerate their system-on-chip (SoC) projects and achieve…
Lenovo and Anaconda, the leading provider of the world’s most popular AI, machine learning, and data science platform, announced a strategic partnership to power Lenovo’s high-performance data science workstations. The partnership will combine Lenovo’s trusted ThinkStation and ThinkPad workstation product portfolio with Anaconda’s enterprise strengths for open-source leadership, security, and reliability. “As artificial intelligence…
Armis, the asset intelligence cybersecurity company, has acquired CTCI (Cyber Threat Cognitive Intelligence), a privately held company that specializes in AI-powered pre-attack threat hunting technology. The deal, which closed this week, will enable Armis to integrate CTCI’s technology into its Armis Centrix™ platform, creating the most advanced early warning cyber intelligence system in the…