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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.

Hardware 216
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Avoid generative AI malaise to innovate and build business value

CIO

It isn’t for lack of effort, as recent research suggests. The research cited a lack of talent and skills to work with the technology (62%), unclear AI and GenAI investment priorities (47%), and the absence of a strategy for responsible AI (41%) as the top three obstacles. Learn more about how Dell Generative AI Solutions.

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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. 1 Inferencing on-premises with Dell Technologies can be 75% more cost-effective than public clouds, Enterprise Strategy Group, April 2024.

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Innovative Manufacturers are Investing in these Advanced Technologies

CIO

There’s also an opportunity to explore how new manufacturing technologies can help build a bridge between information technology (IT) and operational technology (OT)teams. Here’s how edge computing works: a percentage of storage and compute resources move closer to the source of the data and away from the data center.

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Wasabi scores $112M Series C on $700M valuation to take on cloud storage hyperscalers

TechCrunch

Taking on Amazon S3 in the cloud storage game would seem to be a fool-hearty proposition, but Wasabi has found a way to build storage cheaply and pass the savings onto customers. Fidelity Management & Research Company led the round with participation from previous investors. Wasabi storage starts at $5.99

Storage 218
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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. Just as a balanced diet fortifies the body, a robust and modern IT infrastructure lays the groundwork for AI and other advanced technologies to flourish.”

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Is it SaaS, IaaS, or NaaS?

CIO

IaaS is defined as the use of IT hardware and software infrastructure components like compute power or storage, utilized through the cloud in a flexible consumption or subscription-based model. Like SaaS, it is an all-inclusive category that can span the entire IT infrastructure portfolio from compute to storage to networks.