Startup focused on AI-driven manufacturing secures $106 million in funding from Nvidia and other investors

Startup focused on AI-driven manufacturing secures 6 million in funding from Nvidia and other investors

Bright Machines, a San Francisco-based software and robotics startup, recently announced that it raised $106 million in a Series C funding round with investors including Nvidia and Microsoft. The company specializes in creating equipment and software that utilizes artificial intelligence and machine learning to automate manufacturing tasks. In addition to Nvidia and Microsoft, other investors … Read more

IBM Secures $95 Million Contract from USAID to Enhance Cybersecurity in Europe and Eurasia – GovCon Wire

IBM Secures  Million Contract from USAID to Enhance Cybersecurity in Europe and Eurasia – GovCon Wire

IBM has secured a $95 million contract from the U.S. Agency for International Development (USAID) to enhance the ability of European and Eurasian host governments in identifying and addressing cyberattacks on critical infrastructure. The Cybersecurity Protection and Response Contract will aid USAID’s Europe and Eurasia Office in fortifying the cyber resilience of vital civil infrastructure … Read more

NVIDIA Sees Middle East as Prime Opportunity, Secures Major Deal in the Region

NVIDIA Sees Middle East as Prime Opportunity, Secures Major Deal in the Region

NVIDIA is expanding its AI ventures to the Middle East by collaborating with Ooredoo to establish large data centers in the region. This move comes after facing challenges in China due to US regulations. Ooredoo, a major tech player in the Middle East, will deploy NVIDIA’s AI computing platform to drive innovation and digitalization in … Read more

Broadcom Secures FedRAMP Authorization for Cloud Security Solution – ExecutiveBiz

Broadcom Secures FedRAMP Authorization for Cloud Security Solution – ExecutiveBiz

Broadcom has received approval from the Federal Risk Management and Authorizations program for its Symantec Cloud Secure Web Gateway offering. This allows U.S. federal agencies to securely transition their security services from traditional on-premises data centers to cloud-based solutions. The Symantec Cloud SWG is a key component of the Symantec Gov Cloud – Web Protection … Read more

Cisco Secures Contract for 2028 Los Angeles Olympics – Light Reading

Cisco has secured a significant agreement to provide network infrastructure and security solutions for the upcoming Los Angeles Olympic Games in 2028. This partnership will ensure that the games are equipped with cutting-edge technology to support various operations and services. Cisco’s expertise in networking and security will play a crucial role in ensuring a smooth … Read more

Michigan Cybersecurity Firm Secures Top Honor as 2024 HPE Partner of the Year

Security Solutions Services LLC (S-3), a cybersecurity company based in Detroit, Michigan, was recently awarded the prestigious Partner of the Year, Rising Star of North America award at Hewlett Packard Enterprise’s annual Partner Growth Summit Awards. This recognition highlights S-3’s dedication and success in delivering valuable cybersecurity products and services to its customers. S-3, led … Read more

Chip stock secures major Google contract and establishes foothold in AI sector

Chip stock secures major Google contract and establishes foothold in AI sector

Broadcom, a leading chip supplier, is expected to see a significant increase in its stock price following speculation that the company has secured a major contract with Alphabet for its next-generation AI ASIC accelerator chips. JPMorgan analyst Harlan Sur predicts that this contract could boost Broadcom’s stock by 20% from its current level. Sur estimates … Read more

Computer Weekly reports that HPE secures $4.5bn worth of enterprise IT AI server orders.

Computer Weekly reports that HPE secures .5bn worth of enterprise IT AI server orders.

HPE announced its second-quarter financial results, with revenue of $7.2 billion, up 3%. The company saw significant growth in AI adoption, with over $900 million in AI systems revenue and a doubling of its AI business from the previous quarter. CEO Antonio Neri highlighted HPE’s leadership in water cooling technology for AI servers and its … Read more

US Secures Historic Victory Against Pakistan with the Help of Oracle Engineer

US Secures Historic Victory Against Pakistan with the Help of Oracle Engineer

On Thursday, Team USA achieved a surprising victory over Pakistan in the T20 Cricket World Cup, with Oracle’s chief engineer, Saurabh Netravalkar, playing a key role in the win. Netravalkar, who works at Oracle as a senior member of the technical team, showcased his cricketing skills as a left-arm fast bowler for the US team. … Read more

JPMorgan: Broadcom Secures Google’s Next-Generation AI ASIC Chip Design

JPMorgan: Broadcom Secures Google’s Next-Generation AI ASIC Chip Design

JPMorgan analysts revealed in a recent note that Broadcom has secured the design contract for Google’s upcoming TPU v7 artificial intelligence chip. This partnership marks the seventh generation of AI chips that Broadcom has collaborated on with Google, showcasing their long-standing relationship in this sector. The analysts mentioned that Broadcom’s success with Google reflects a … Read more