Join Transform 2021 this July 12-16. Register for the AI event of the year. Cerebras Systems has unveiled its new Wafer Scale Engine 2 processor with a record-setting 2.6 trillion transistors and 850,000 AI-optimized cores. It’s built for supercomputing tasks, and it’s the second time since 2019 that Los Altos, California-based […]
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DevOps automation platform Octopus Deploy nabs $172.5M
Join Transform 2021 this July 12-16. Register for the AI event of the year. Octopus Deploy, a Brisbane, Australia-based company developing a continuous integration and delivery (CI/CD) platform, today announced that it closed a $172.5 million round. The funding, led by Insight Partners for a minority stake in the company, […]
The AI arms race has us on the road to Armageddon
Join Transform 2021 this July 12-16. Register for the AI event of the year. It’s now a given that countries worldwide are battling for AI supremacy. To date, most of the public discussion surrounding this competition has focused on commercial gains flowing from the technology. But the AI arms race […]
Mastercard bets on security and digital identity with $850M Ekata deal
Join Transform 2021 this July 12-16. Register for the AI event of the year. (Reuters) — Mastercard said on Monday it had agreed to buy digital identity verification company Ekata in a deal valued at $850 million, as the global payments processor bets on a boom in demand for companies […]
Cloud strength pushes IBM to sales growth after a year of declines
Join Transform 2021 this July 12-16. Register for the AI event of the year. (Reuters) — International Business Machines returned to sales growth in the first quarter after a year of declines and beat Wall Street targets on Monday, boosted by its bets in the high-margin cloud computing business. Shares […]
Health care API adoption is slowed by security concerns and skills gap
Join Transform 2021 this July 12-16. Register for the AI event of the year. APIs may be the cornerstone of a digital transformation strategy, but the health care industry has not really benefited from widespread API adoption because of concerns over interoperability, patient data exchange, and infrastructure challenges, according to […]
Zoom boosts its app ecosystem with $100M venture fund
Join Transform 2021 this July 12-16. Register for the AI event of the year. Zoom has announced a new $100 million venture fund designed to “stimulate growth” of its burgeoning ecosystem of third-party app integrations. The announcement comes after a whirlwind 12 months for the video-communications platform company. Zoom has […]
U.S. banks deploy visual AI tools to monitor customers and workers
Join Transform 2021 this July 12-16. Register for the AI event of the year. (Reuters) — Several U.S. banks have started deploying camera software that can analyze customer preferences, monitor workers and spot people sleeping near ATMs, even as they remain wary about possible backlash over increased surveillance, more than […]
Is Boston Dynamics becoming a boring robotics company?
Join Transform 2021 this July 12-16. Register for the AI event of the year. Boston Dynamics has made a name for itself through fascinating videos of biped and quadruped robots doing backflips, opening doors, and dancing to “Uptown Funk.” Now, it has revealed its latest gadget: a robot that looks […]
Cambridge Quantum pushes into NLP and quantum computing with new head of AI
Join Transform 2021 this July 12-16. Register for the AI event of the year. Cambridge Quantum Computing (CQC) hiring Stephen Clark as head of AI last week could be a sign the company is boosting research into ways quantum computing could be used for natural language processing. Quantum computing is […]