“When Tessell launched its product in late 2022, however, the speed with which it came to market with features strikingly similar to Era caused Nutanix to commence a full-fledged forensic investigation,” the company said. Nutanix describes its Era offering as software that helps enterprises manage multiple databases in servers located in their data centers or … Read more
Tech giant Oracle and Elon Musk’s artificial intelligence startup xAI have ended talks on a potential $10 billion cloud IT agreement. Oracle’s shares fell 3% to close at $140.68 on Tuesday following the news. The discussions, which began in May, were focused on a multi-year deal for Oracle to provide cloud servers to xAI for … Read more
Pantherun Technologies, a participant in Intel’s startup program, has been gaining attention for its innovative solution for edge device security. By utilizing Intel’s FPGAs, Pantherun is able to provide real-time AES encryption on resource-constrained edge devices, enhancing data security and reducing vulnerability to breaches. Traditionally, data security solutions often required significant resources, leading to higher … Read more
Amazon’s recent decision to double the value of credits offered to startups looking to develop on its AWS cloud platform is a significant move that will drive innovation and growth in the tech sector. The increased credits will provide startups with the resources they need to leverage AWS’s tools and services, enabling them to scale … Read more
Pantherun Technologies, a cybersecurity firm, was praised by Intel’s Emerging Enterprise Program for their advancements in edge device security. By utilizing Intel FPGAs, Pantherun was able to implement real-time AES encryption on resource-limited edge devices, ensuring data security without vulnerabilities to breaches. Traditional data security solutions often require a significant amount of resources, resulting in … Read more
The Gujarat government has announced a partnership with IBM and Microsoft to enhance its artificial intelligence capabilities. This collaboration aims to harness the power of AI to drive innovation in various sectors across the state. The government is keen on leveraging the expertise of these tech giants to develop and implement AI solutions that can … Read more
Amazon is investigating Perplexity, an artificial intelligence startup, for possible violations of its Cloud division rules. Perplexity is accused of scraping content from other websites without permission, disregarding the Robots Exclusion Protocol, a standard that most internet companies follow to show which pages they are not allowed to scrape. Compliance with this protocol is mandatory … Read more
Amazon has made significant advancements in its artificial intelligence technology by hiring top executives from AI agent startup Adept and licensing their technology. This move is part of Amazon’s efforts to stay competitive in the AI industry, as it faces tough competition from Microsoft and Google. Rohit Prasad, senior vice president and chief scientist at … Read more
In January 1999, Nvidia went public with a market capitalization of less than $1 billion, specializing in gaming chips and winning a contract with Microsoft for Xbox. Fast forward to November 2021, Nvidia became a favorite among retail investors for its gaming graphics and future potential in the metaverse. On February 22, 2023, Nvidia’s role … Read more
An AI-focused manufacturing startup has recently secured $106 million in funding from leading tech company Nvidia and other investors, according to a report by Reuters. This significant investment is expected to further propel the startup’s efforts in leveraging artificial intelligence technology to revolutionize the manufacturing industry. The startup, which specializes in AI-powered solutions for manufacturing … Read more