Author: Zech
Joshua Payne, Founder and CEO of Nscale (Photo: Business Wire)LONDON, July 21, 2024–(BUSINESS WIRE)–Nscale, a fully vertically integrated AI cloud platform, today announced the acquisition of Kontena, a leader in high-density modular data center and AI data center solutions.This acquisition marks a major step forward for Nscale’s mission to provide the infrastructure backbone to the growing generative AI market through cost-effective, high-performance solutions that unlock the full potential of AI.Jef Laurijssen, CEO of Kontena, commented: “Working with Nscale gives us an exciting opportunity to accelerate the development and deployment of cutting-edge Generative AI data center solutions. The combined expertise of…
A steel-jawed, 1930s-era robot greets visitors to the Bilotta Collection at Sawgrass, its chest sporting a Bakelite knob around a voltmeter. The robot rumbles around electronically, lifting one tubular leg onto a small battery-powered metal robot at its feet. The German movie prop is just one of many robots and toys that Ozzie Bilotta has amassed over nearly 40 years, after his collecting addiction began at an antiques show in Fort Lauderdale. “They were battery-operated tin toys from the 1950s, and I was drawn to their beauty and how they worked. I just thought they were beautiful. From that moment…
Apple shares are Warren Buffett’s largest holding. Warren Buffett is one of the most celebrated and studied investors in history. Since 1965, he has led the investment conglomerate Berkshire Hathaway and helped generate a total return of 4,384,748%. It’s fair to say Buffett knows a thing or two about stock picking. His portfolio features financial services, energy and consumer goods companies. In contrast, one sector Buffett has long avoided is technology. But in 2016, the Oracle of Omaha surprised the world by disclosing a huge investment in Apple (AAPL, 0.06%). Less than a decade later, the iPhone maker’s shares have…
While sporting options like watching Arsenal at the Emirates Stadium or tennis at Wimbledon are appealing, Londoners are increasingly choosing to experience the capital’s newest offerings, and one entertainment option that fits the bill is virtual reality gaming, a simulation experience that immerses players in a digital, interactive world. After all, these types of gaming products are what particularly attract people with a passion for gaming in general. In addition to trying out major PlayStation 5 products such as Elden Ring, and popular options such as online casino games, locals and tourists with a passion for gaming will naturally be…
Microsoft said only an estimated 8.5 million Windows computers were affected by the CrowdStrike Holdings Inc. update that caused widespread outages worldwide on Friday, as the companies continued to help affected customers. The disruptions caused by an update to CrowdStrike’s Falcon security software spread across the globe throughout Friday, taking banks, airlines and government services offline and causing Windows “blue screens of death.” While the flaw was a sign of incompetence rather than a cybersecurity breach, the effects, including continued system slowdowns and problems, could continue into Sunday and into the week. Microsoft said in a blog post on Saturday…
Cybersecurity company Kaspersky Lab has announced that it will cease all operations in the United States, just weeks after the US Department of Commerce banned the company’s software from being used in the US.July 16, 2024 11:02 AM EST• 3 min readNEW YORK — Cybersecurity company Kaspersky Lab has announced it is ceasing all operations in the United States, just weeks after the Commerce Department banned the company’s software from being used in the country.A statement from Kaspersky Lab in Moscow said the company would “gradually wind down” its US operations starting July 20. US-based jobs would also be cut,…
Meet Versable, a company that is transforming the way auto parts manufacturers and retailers manage product data. With a mission to eliminate the chaos of inconsistent and inaccurate product descriptions, founder Christina Seong and her team are leveraging AI technology to automate and streamline the data augmentation process, resulting in improved operational efficiency, expanded revenue streams, and a transformative impact across the industry.Today, automotive part descriptions are often inconsistent and inaccurate, leading to lost profits and high return rates for manufacturers and retailers. Traditional product data management methods require manual and time-consuming catalog management, creating significant delays between receiving product…
The wave of generative artificial intelligence (AI) is boosting prospects for companies across a range of technology categories, including semiconductor manufacturers, cloud computing providers, and cybersecurity companies. Cloud computing companies, in particular, are seeing robust demand for the services required to help businesses and developers build generative AI models. With this favorable backdrop in mind, we used TipRanks’ stock comparison tool to compare Amazon (AMZN), Microsoft (MSFT), and Alphabet (GOOGL) to determine which cloud computing companies are the best AI stocks and could offer the best returns from current levels, according to Wall Street analysts. Microsoft (NASDAQ:MSFT) In the cloud…
How often do you visit LinkedIn? The platform expects the answer to be “daily.” To that end, LinkedIn is rolling out games to offer artificial intelligence (AI)-powered career advice to encourage users to visit more frequently and drive growth, the Financial Times reported on Sunday. The report noted that this is part of a broader overhaul of LinkedIn, whose members tend to visit the site less frequently than visitors to Facebook and entertainment-focused social media platforms like TikTok. As revenue growth slows, analysts are calling for the Microsoft-owned platform to expand its business, create ways to keep users on its…
GRO Biosciences, a Cambridge, Massachusetts-based biotechnology company leveraging synthetic biology, has raised $60.3 million in Series B funding. The round, which totals more than $90 million, was led by Atlas Venture and Access Biotechnology. Previous investors including Leaps by Bayer, Redmile Group, Digitalis Ventures and Innovation Endeavors also participated. In connection with the financing, Kevin Bitterman, PhD, partner at Atlas Venture, and Dan Becker, MD, managing director at Access Biotechnology, joined the company’s board of directors. The company plans to use the funds to advance its lead program for the treatment of refractory gout into the clinic, expand its GRObio…