As automakers ramp up their connected car initiatives, a company that has built a solution to link vehicles up to mobile networks globally has raised a significant round of funding from a group of investors that includes Audi and Qualcomm.
Cubic Telecom, a startup out of Dublin, Ireland, that has built a virtual networking solution that lets cars (and other devices) automatically connect to… Read More
As companies get bigger and bigger, their needs are going to change — including, probably most importantly, their options for health care as their employee base expands and the costs of those plans start to balloon. But the end result is that employees could be presented with a confusing set of plans to pick from without a whole lot of guidance. There’s where Lumity comes in.… Read More
Microsoft introduced a new storage option for its Azure cloud computing platform in preview today: the Azure Archive Blob Storage. This will give developers a cheaper alternative for the long-term storage of large amounts of archival data like logs, raw camera footage, audio recordings, transcripts and medical documents and images. This new tier joins the existing hot and cool blob storage… Read More
As IP networks continue to grow and become ever more complex, and people become ever more dependent on them staying up all the time, a startup that is building software tools to help administrators keep networks running has landed a round of funding. Forward Networks — a startup that only emerged from stealth last November and has built a platform aimed at service providers and… Read More
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
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