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Pliops lands $100M for chips that accelerate analytics in data centers

TechCrunch

According to an IDC survey commissioned by Seagate, organizations collect only 56% of the data available throughout their lines of business, and out of that 56%, they only use 57%. That’s why Uri Beitler launched Pliops , a startup developing what he calls “data processors” for enterprise and cloud data centers.

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From edge to cloud: The critical role of hardware in AI applications

CIO

All this has a tremendous impact on the digital value chain and the semiconductor hardware market that cannot be overlooked. The apps and tools have to gather, process and deliver back data to the consumer with minimal latency. Hardware innovations become imperative to sustain this revolution.

Hardware 191
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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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The impact of AI on edge computing

CIO

AI, including Generative AI (GenAI), has emerged as a transformative technology, revolutionizing how machines learn, create, and adapt. IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1

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MetalSoft aims to help manage server infrastructure through automation

TechCrunch

Aiming to overcome some of the blockers to success in IT, Lucas Roh co-founded MetalSoft , a startup that provides “ bare metal ” automation software for managing on-premises data centers and multi-vendor equipment. Hostway developed software to power cloud service provider hardware, which went into production in 2014.

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The Reason Many AI and Analytics Projects Fail—and How to Make Sure Yours Doesn’t

CIO

Some are relying on outmoded legacy hardware systems. Most have been so drawn to the excitement of AI software tools that they missed out on selecting the right hardware. 2] Foundational considerations include compute power, memory architecture as well as data processing, storage, and security.

Analytics 309
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Accelerate Sustainable Digital Transformation in the Oil & Gas Industry

CIO

Recent studies indicate that data centers consume one percent of the world’s electricity , and The Royal Society estimates that digital technology contributes up to 5.9% Up to 25% of data center power is consumed by equipment that no longer performs useful work, [i] and only 10-30% of server capacity is used.