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EnCharge AI emerges from stealth with $21.7M to develop AI accelerator hardware

TechCrunch

EnCharge AI , a company building hardware to accelerate AI processing at the edge , today emerged from stealth with $21.7 Speaking to TechCrunch via email, co-founder and CEO Naveen Verma said that the proceeds will be put toward hardware and software development as well as supporting new customer engagements.

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Cloud storage startup Wasabi raises $250M to reach unicorn status

TechCrunch

According to Synergy Group , an IT market research firm, Amazon, Microsoft and Google together held a 65% share of the global cloud services market as of Q2, up 61% year-over-year. L2 Point Management led with participation from Cedar Pine and return investors Fidelity Management & Research Company and Forestay Capital.

Storage 224
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Prioritizing AI? Don’t shortchange IT fundamentals

CIO

Fundamentals like security, cost control, identity management, container sprawl, data management, and hardware refreshes remain key strategic areas for CIOs to deal with. But the usual laundry list of priorities for IT hasn’t gone away. But in other areas, IT teams will look to increase budgets and spending.

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Is it SaaS, IaaS, or NaaS?

CIO

Let’s look at 3 prime examples: Software-as-a-Service (SaaS) Infrastructure-as-a-Service (IaaS) Network-as-a-Service (NaaS) SaaS is defined as any software application delivered and accessed via the cloud in a subscription-based offering. NaaS is different from SaaS and IaaS because it relates only to networking functionality, (i.e.,

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Inferencing holds the clues to AI puzzles

CIO

With the potential to incur high compute, storage, and data transfer fees running LLMs in a public cloud, the corporate datacenter has emerged as a sound option for controlling costs. Orchestrating the right balance of platforms and tools requires an ecosystem of trusted partners.

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How to Develop IoT Applications: A Complete Guide for 2022

The Crazy Programmer

The software is crucial because it links to the hardware through the cloud and the network. Hardware: Hardware includes sensors, chips, and other measuring appliances. The creators of an IoT application must ensure that the software is compatible with the software’s hardware. 4 Stages of Building an IoT App.

IoT 253
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO

After being in cloud and leveraging it better, we are able to manage compute and storage better ourselves,” said the CIO, who notes that vendors are not cutting costs on licenses or capacity but are offering more guidance and tools. He went with cloud provider Wasabi for those storage needs. “We

Strategy 351