Category Archives: Tech News

Microsoft Brainwave aims to accelerate deep learning with FPGAs

Posted by on 22 August, 2017

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 This afternoon Microsoft announced Brainwave, an FPGA-based system for ultra-low latency deep learning in the cloud. Early benchmarking indicates that when using Intel Stratix 10 FPGAs, Brainwave can sustain 39.5 Teraflops on a large gated recurrent unit without any batching. Microsoft has been pouring resources into FPGAs for a while now, deploying large clusters of the field-programmable… Read More

Salesforce slides past its $10B annual run rate target

Posted by on 22 August, 2017

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 Earlier this year it looked as though Salesforce was starting to position itself as a company that would hit $10 billion in annual revenue run rate later this year — and, if all seems well, it looks like it may hit that target. Salesforce reported its second-quarter earnings today, saying it brought in $2.56 billion in revenue on earnings of 33 cents per share. This is a beat on both… Read More

Google launches Chrome Enterprise subscription service for Chrome OS

Posted by on 22 August, 2017

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 Google is launching a new enterprise service for large businesses that want to adopt Chrome OS devices. The new Chrome Enterprise subscription, which will cost $50 per device and year, is essentially a rebrand of Chromebooks for Work, but with a number of additional capabilities. Even though the name would make you think this is about the Chrome browser, this program is actually all about… Read More

The top 7 startups from Y Combinator S’17 Demo Day 1

Posted by on 22 August, 2017

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 A stem cell cryobank, self-flying personal planes, and an augmented reality data platform were amongst the highlights of the prestigious Y Combinator startup accelerator’s Summer 2017 Demo Day part 1. You can read about all 50 startups that launched today in verticals like AI and biotech, and check back later for the full list and favorites from day 2. For now, based on investor buzz… Read More

Latch adds HomeKit-approved smart lock to its enterprise suite

Posted by on 22 August, 2017

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 Enterprise-grade smart lock startup Latch has added a third product to its portfolio. The ‘Latch C’ is notable as its first smart lock to be certified to work with Apple’s HomeKit. Read More

Big data analytics platform Databricks raises $140M Series D round led by Andreessen Horowitz

Posted by on 22 August, 2017

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 Databricks, a big data analytics platform built by a team that grew out of the Apache Spark project, today announced that it has raised a $140 million Series D round led by Andreessen Horowitz, with participation from New Enterprise Associates and Battery Ventures. This brings Databricks’ total funding raised to date to $247 million, which includes a $60 million round the company… Read More

Skytap raises $45M for its enterprise cloud

Posted by on 22 August, 2017

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 Skytap is probably one of the more interesting clouds right now. Unlike so many other startups, it’s not trying to offer enterprises specific cloud computing services on top of one of the big platforms like AWS, Azure and Google Cloud Platform. Instead, the company actually runs its own cloud with the goal of helping enterprises that want to modernize their infrastructure bring their… Read More

IBM, Costco, Walmart and others team up to improve food safety with blockchains

Posted by on 22 August, 2017

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 IBM today announced that it is working with a consortium that includes Costco, Golden State Foods, McCormick and Company, Nestlé, Tyson Foods, Unilever and Walmart to bring the benefit of blockchains to the food supply chain. IBM, just like most of its competitors in the public cloud computing space, has been working on various blockchain projects in the last few months. Given the complexity… Read More

In-memory database provider Redis Labs raises $44M

Posted by on 21 August, 2017

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 Redis Labs, a database company that specializes in in-memory databases, said today it has raised $44 million in a funding round led by Goldman Sachs. Redis Labs is like other typical open-source based database companies, where it offers the technology for free while charging for an enterprise tier. It’s a bet that while anyone can build something on the technology, the company will have… Read More

GoodTime nabs $2M to match job applicants with interviewers to save time and build rapport

Posted by on 21 August, 2017

This post was originally published on this site

 Despite countless attempts and millions in venture capital, the calendar, one of the most ubiquitous work tools, has remained largely unchanged for as long as I can remember. Rather than overwrite the calendar in an effort to make it obsolete, Ahryun Moon and Jasper Sone, co-founders of GoodTime, are putting the calendar front and center — embracing it as a means of understanding people. Read More

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