Microsoft is reportedly shrinking its data center footprint. The tech giant has canceled leases with multiple data center providers that total a “couple hundred megawatts” of capacity, according to Bloomberg, which cited a memo from investment bank TD Cowen. This total represents the equivalent of about two data centers. The reason for Microsoft’s move is […]
Microsoft cancels some of its AI data center leases Read More »
Quantum computing remains a holy grail in the world of technology, but with some important breakthroughs in the last several months, investors are betting on the more promising startups in the space to make the concept of super-efficient particle- and electron-based computing a reality. In the latest development, Quantum Machines, an Israeli startup that provides
As companies like Nvidia and SoftBank make industrial robotics into a key focus for future R&D, a startup has raised funding today for another facet of how AI is being used on the factory room floor. Augury, which develops AI-based hardware that measures vibrations, sound, temperature and other factors to understand how machines are working
Augury raises $73M on a $1B+ valuation for AI to detect malfunctions in factory machines Read More »
Amazon, Exxon, and Microsoft have joined a new task force to burnish the image of scandal-plagued voluntary carbon markets. The task force, organized by the Bipartisan Policy Center think tank, is hoping to improve credibility of voluntary carbon markets, studying the status quo and drafting “policy recommendations for how the federal government can promote fair,
Monolinguists wanting to communicate with the global masses have never had it so easy. Trusty old Google Translate can convert the content of images, audio, and entire websites across hundreds of languages, while newer tools such as ChatGPT also serve as handy pocket translators. On the back end, DeepL and ElevenLabs have have reached lofty
Lingo.dev is an app localization engine for developers Read More »
Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million. Seagate said on Thursday that it’ll pay $4 per share in a tender offer for Intevac, which is publicly traded. Seagate will initially purchase a minimum of “at least one share
Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M Read More »
Identity security company CyberArk has acquired identity governance and administration (IGA) platform Zilla Security in a deal worth up to $175 million. Founded in 1999, Boston-based CyberArk specializes in access management, including privileged access security which helps organizations protect sensitive data and critical infrastructure from external (and internal) threats. Zilla, for its part, is another
CyberArk snaps up Zilla Security for up to $175M Read More »
Developer tooling and containerization company Docker has a new CEO: Former Oracle Cloud Infrastructure (OCI) executive vice president Don Johnson (pictured above) landed in the hotseat starting Wednesday. Incumbent Scott Johnston will leave the company with immediate effect. During his eight-year spell at Oracle, Johnson was instrumental in transitioning the company from its legacy on-premise
Former Oracle Cloud exec Don Johnson takes over as Docker’s new CEO Read More »
Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has acquired software security review startup SafeBase for $250 million. SafeBase co-founders Al Yang (CEO) and Adar Arnon (CTO) will retain their roles, and SafeBase will continue to offer a standalone product while bringing its core solutions to
Security compliance firm Drata acquires SafeBase for $250M Read More »
More and more legal professionals are embracing AI, surveys show. Per a recent poll from legaltech company Clio, 79% of firms used some form of AI for casework last year, up from just 19% in 2023. Despite some skepticism of the tech, in-house counsel has shown an interest, as well, with one survey suggesting that
SpotDraft taps AI to help streamline contract management Read More »
