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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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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.

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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. Cleanse your data. GenAI requires high-quality data.

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New botnet Torii showcases next stage of IoT abuse, researchers say

The Parallax

Security researchers have caught hackers lashing together Internet-connected devices in a botnet they’re calling Torii, which uses techniques not seen in an IoT botnet before—including intercepting and stealing data, and using the Tor Project network to hide its network traffic. Avast sponsors this site.).

IoT 183
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Oracle adds compute services to its Cloud@Customer offering

CIO

Dubbed Oracle Compute Cloud@Customer, the new offering runs on the same optimized hardware as the company’s Exadata Cloud@Customer offering, which is designed to run Oracle Autonomous Database Service and Oracle Exadata Database Service in an enterprise’s data centers. The dedicated cloud IaaS market is expected to reach $20.5

Cloud 246
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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

today closed a $30 million additional investment from Fidelity Management & Research Company with participation from Lip-Bu Tan (who’s joining the board) and previous investors, concluding the startup’s Series B. After emerging from stealth in 2019, Sima.ai It brings Sima.ia’s total capital raised to $150 million.

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Headphone startup Nura gets acqui-hired by Denon parent, Masimo

TechCrunch

Every so often, a new startup crosses your radar and reminds you how exciting hardware can be. At the base of the firm’s various headphones was customizable audio profiles, created by mapping the unique architecture of the wearer’s ear. No one ever said hardware was easy. Melbourne-based Nura was one such company.

Hardware 243