Enterprise

Amazon bought more renewable power last year than any other company

Enterprise /

Amazon bought renewable power at a rapid clip last year, adding around 100 new projects and bumping its portfolio to over 33 gigawatts of generating capacity. That’s over 10 gigawatts more than its nearest competitor, Apple. The additions made Amazon the largest corporate purchaser of renewable power, according to BloombergNEF. The company’s total portfolio is […]

Amazon bought more renewable power last year than any other company Read More »

Instabase raises $100M to help companies process unstructured document data

Enterprise /

Instabase, a company that creates software for extracting processing unstructured data from myriad document types, has raised $100 million in a Series D round of funding. The announcement comes as companies struggle under a deluge of data — data that can unlock key business insights. Indeed, most of the data that companies generate is “unstructured,”

Instabase raises $100M to help companies process unstructured document data Read More »

Nvidia releases more tools and guardrails to nudge enterprises to adopt AI agents

Enterprise /

Nvidia is releasing three new NIM microservices, or small independent services that are part of larger applications, to help enterprises bring additional control and safety measures to their AI agents. One of these new NIM services targets content safety and works to prevent an AI agent from generating harmful or biased outputs. Another works to

Nvidia releases more tools and guardrails to nudge enterprises to adopt AI agents Read More »

Hindenburg Research, a short seller that targeted tech and EV companies, is closing up shop

Enterprise /

When Hindenburg Research posts a blog on its website, it often means a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday he has shut down short-selling firm Hindenburg Research, after a seven-year run issuing damning reports about high-profile companies, including many of the technology world’s giants and buzzy

Hindenburg Research, a short seller that targeted tech and EV companies, is closing up shop Read More »

Meta adds 200 megawatts of solar to its 12 gigawatt renewable portfolio

Enterprise /

Meta this week announced that it was buying 200 megawatts of solar energy from multinational electric utility Engie, adding to the tech firm’s considerable 12-plus gigawatts renewable power portfolio. The news comes as tech companies ramp up their AI ambitions, adding data centers at a breakneck pace and boosting demand for power to the point

Meta adds 200 megawatts of solar to its 12 gigawatt renewable portfolio Read More »

Microsoft’s newest Copilot plan for business is pay-as-you-go

Enterprise /

Microsoft is launching a pay-as-you-go plan for corporate customers that bundles together several, but not all, of the company’s existing AI-powered productivity features for Microsoft 365. The new plan, Copilot Chat — not to be confused with Microsoft’s Copilot Business Chat or GitHub Copilot Chat — is underpinned by OpenAI’s GPT-4o AI model and lets

Microsoft’s newest Copilot plan for business is pay-as-you-go Read More »

Intel spins off its corporate venture arm, Intel Capital, into a standalone fund

Enterprise /

Intel says that it plans to spin off its corporate venture arm, Intel Capital, into a standalone fund, with Intel as an “anchor investor.” In a press release on Tuesday, Intel said that the move will “[enable] greater autonomy” and “the flexibility to attract external capital.” Intel expects Intel Capital to begin operating independently in

Intel spins off its corporate venture arm, Intel Capital, into a standalone fund Read More »

Apple joins consortium to help develop next-gen AI data center tech

Enterprise /

Apple has joined a consortium creating next-gen technology to link together chips in AI data centers. The consortium, the Ultra Accelerator Link Consortium, is developing a standard called UALink, which connects the AI accelerator chips found within a growing number of server farms. As of Tuesday, Apple is a member of the consortium’s board, along

Apple joins consortium to help develop next-gen AI data center tech Read More »

With $30 million in new funding, SEEQC thinks chips are key to building useful quantum computing

Enterprise /

Nvidia CEO Jensen Huang may have said that “very useful quantum computers” are probably still 20 years away, but his company is also hedging its bets beyond classical chips with investments and partnerships in that very space. Now one of the companies that Nvidia partners with in quantum development is announcing funding. SEEQC, a quantum

With $30 million in new funding, SEEQC thinks chips are key to building useful quantum computing Read More »

AWS pledges to spend $5B in Mexico, launches new Mexico server region

Enterprise /

In an announcement Tuesday, Amazon Web Services (AWS), Amazon’s cloud computing division, said it plans to invest $5 billion in Mexico over the next 15 years as a part of a “long-term commitment” in the region. A portion of that investment is a new server region launching today, AWS Mexico (Central) Region, that will allow

AWS pledges to spend $5B in Mexico, launches new Mexico server region Read More »