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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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How Nvidia became a trillion-dollar company

CIO

How Nvidia got here and where it’s going next sheds light on how the company has achieved that valuation, a story that owes a lot to the rising importance of specialty chips in business—and accelerating interest in the promise of generative AI. Efforts to stay in the $1T club Nvidia is driving forward on many fronts.

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The New Way Companies are Harnessing Data at the Edge for Value Added in Real-Time

CIO

[1] In each case, the company has volumes of streaming data and needs a way to quickly analyze it for outcomes such as greater asset availability, improved site safety and enhanced sustainability. In each case, they are taking strategic advantage of data generated at the edge, using artificial intelligence and cloud architecture.

IoT 318
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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known as a data processing unit (DPU), for around $190 million. ” A DPU is a dedicated piece of hardware designed to handle certain data processing tasks, including security and network routing for data traffic. .”

Azure 282
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Addressing cloud waste: 4 steps to cloud computing cost optimization

CIO

By: Scott Sellers , Co-Founder and CEO, Azul From the get-go, the cloud promised to help companies scale up their architectures in seconds, run their applications faster, never turn away a transaction, and save money through economies of scale. Every company is different based on its industry, its available resources, and its needs.

Cloud 306
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Elevate your digital transformation with impactful sustainability

CIO

The Equinix Global Tech Trends Survey found that 71% of global IT decision-makers agree that sustainability strategy and practices are critical to the longevity of their business, and 65% said their companies would only work with IT partners who can prove they meet key carbon-reduction targets.

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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 rapid hardware advances may mean CIOs need to budget for much shorter hardware refresh cycles in future to stay up to date.