Crusoe Energy, a startup building data centers reportedly to be leased Oracle, Microsoft, and OpenAI, is in the process of raising $818 million, according to an SEC filing. The filing indicates that Crusoe has secured $686 million of the $818 million total that it hopes to raise. Seventy investors have contributed to the tranche so […]
AI may be the hottest thing since sliced bread. But that doesn’t mean it’s getting easier to develop and run. According to a recent Boston Consulting Group poll, 74% of organizations are struggling to derive value from their AI investments. William Falcon, the creator of PyTorch Lightning, a popular open source AI framework, says that
Lightning looks to make managing AI a piece of cake Read More »
Last-mile delivery, the very last step of the delivery process, is a common pain point for companies. According to one survey, nearly 90% of retailers struggle with their last-mile delivery operations, either because of technical issues, costs, or a combination of both. Bill and Lisa Catania understand this well. The husband-and-wife team founded OneRail, a
OneRail’s software helps solve the last-mile delivery problem Read More »
As companies’ server infrastructure grows, they often run into challenges keeping tabs on the health of their various assets, like cloud instances and local data centers. Monitoring tools, also known as observability tools, can help — but lots of tools quickly becomes overwhelming. According to one survey, seven in 10 organizations believe that monitoring is
Data center monitoring firm LogicMonitor raises $800M at a $2.4B valuation Read More »
As companies’ server infrastructure grows, they often run into challenges keeping tabs on the health of their various assets, like cloud instances and local data centers. Monitoring tools, also known as observability tools, can help — but lots of tools quickly becomes overwhelming. According to one survey, seven in 10 organizations believe that monitoring is
To make AI possible, you need to create connections between vast quantities of data. That’s where tech like graph databases come into play. Graph databases handle fast-changing, interconnected data more adeptly than traditional databases, which were designed to store rigidly structured information. Of course, graph databases need to be managed in order to be useful.
Database startup Neo4j embraces AI to supercharge growth Read More »
AIOps, short for artificial intelligence in operations, is a process that uses AI to automate IT tasks. More organizations are embracing it as AI commodifies, yet adoption is still lagging. According to a recent IDC survey, almost half of companies said that they were just getting started in AIOps, while a third indicated they had
Selector automatically spots IT issues and recommends fixes Read More »
Dennis Thankachan isn’t someone you’d expect would launch a digital procurement startup. After college, Thankachan went to work for Goldman Sachs as an investment banker. Two years later, he left for a hedge fund, PointState Capital, where he helped to manage equity investing. At PointState, which specializes in telecommunications, Thankachan said he encountered an unexpected
Lightyear is on a mission to modernize network procurement Read More »
As college tuition increases and the student loan debt crisis continues, three former executives from language learning app Duolingo are building a new startup aimed at making college education more affordable and accessible. The company, tentatively named Outsmart Education (the name is not final yet), is headed by co-founders Daniel Falabella (CPO), former senior director
People prefer texts over phone calls — especially when it’s a company on the other side. According to one survey, two-thirds of consumers say they’d switch to a company that offered texting as a contact option. With the text-message marketing industry expected to grow to $12.6 billion by 2025, it’s not surprising that vendors like
Text marketing firm Take Blip secures backing from SoftBank, Microsoft Read More »
