Intel on Monday announced that it has entered into a definitive agreement to sell 51% of its Altera semiconductor business to Silver Lake, a private equity firm. The deal, which values Altera at $8.75 billion, will make Altera “operationally independent,” Intel said in a press release. Intel will retain 49% ownership in Altera, which will […]
Intel agrees to sell controlling stake in Altera chip business Read More »
The Linux Foundation has become something of a misnomer through the years. It has extended far beyond its roots as the steward of the Linux kernel, emerging as a sprawling umbrella outfit for a thousand open source projects spanning cloud infrastructure, security, digital wallets, enterprise search, fintech, maps, and more. Last month, the OpenInfra Foundation
Jim Zemlin on taking a ‘portfolio approach’ to Linux Foundation projects Read More »
Dropbox’s chief customer officer, Eric Cox, plans to step down, according to a document filed with the SEC on Friday. Cox will remain in his current role for “a period of time” to help with the transition, per the filing, and then will continue as a “non-executive” employee through mid-August. Dropbox didn’t immediately respond to
Dropbox Chief Customer Officer Eric Cox plans to step down, per filing Read More »
Microsoft announced on Friday that it is buying 3.7 million metric tons of carbon removal credits from CO280, a project developer that works with pulp and paper mills. The purchase covers 12 years of emissions from CO280’s first carbon capture project at a mill on the Gulf Coast. CO280 expects the facility to start capturing
Microsoft inks massive carbon removal deal powered by a paper mill Read More »
There has been a lot of angst among tech companies and policymakers about a looming power shortage on the grid due in no small part to the rise in AI. But what’s less known is that there are terawatts of new capacity waiting to be approved for connection to the grid, and unknotting the bureaucracy
Google thinks AI can untangle the electrical grid’s bureaucracy Read More »
Nvidia CEO Jensen Huang appears to have struck a deal with the Trump administration to avoid export restrictions on the company’s H20 AI chips. The H20, the most advanced Nvidia-produced AI chip that can still be exported from the U.S. to China, was reportedly spared thanks to a promise from Huang to invest in new
Nvidia’s H20 AI chips may be spared from export controls — for now Read More »
OpenAI co-founder and former chief scientist Ilya Sutskever’s new AI startup, Safe Superintelligence (SSI), is using Google Cloud’s TPU chips to power its AI research, part of a new partnership the companies announced on Wednesday in a press release. Google Cloud says SSI is using TPUs to “accelerate its research and development efforts toward building
Ilya Sutskever taps Google Cloud to power his AI startup’s research Read More »
Tessell, a startup developing a multi-cloud database-as-a-service, has raised $60 million in a new funding round led by WestBridge Capital ahead of its plans to expand its market presence and launch an AI-powered conversational database management service. As data becomes more critical than ever, many companies are struggling to manage and store it efficiently. Legacy
Tessell snags $60M to drive data management at scale Read More »
Gemini Code Assist, Google’s AI coding assistant, is gaining new “agentic” capabilities in preview. During its Cloud Next conference on Wednesday, Google said Code Assist can now deploy new AI “agents” that can take multiple steps to accomplish complex programming tasks. These agents can create applications from product specifications in Google Docs, for example, or
Gemini Code Assist, Google’s AI coding assistant, gets ‘agentic’ abilities Read More »
Google is upgrading Workspace, its suite of cloud-based productivity tools, with new AI capabilities. The suite is gaining Workspace Flows, a tool designed to automate multi-step processes such as updating spreadsheets and digging through documents for information. Flows can tap Gems, Google’s brand of custom AI-powered chatbots, to handle specialized tasks, and it can also
Google Workspace gets automation flows, podcast-style summaries Read More »
