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AI chip startup Axelera lands $27M in capital to commercialize its hardware

TechCrunch

Several years ago, Fabrizio Del Maffeo and a core team from Imec, a Belgium-based nanotechnology lab, teamed up with Evangelos Eleftheriou and a group of researchers at IBM Zurich Lab to develop a computer chip. “One of the main challenges we’re facing is the availability and accessibility of AI to different groups and industries.

Hardware 240
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Capitalizing on technology budgets: A CIO’s story

CIO

While traditional approaches to bridging the profitability gap, like layoffs and budget cuts, can harm company culture, an innovative and practical alternative is capitalizing on technology budgets. Capitalizing on technology budgets presents a viable solution. This pool is ripe for reduction, resulting in substantial savings.

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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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Avoid generative AI malaise to innovate and build business value

CIO

Sixty-six percent of C-level executives are ambivalent or dissatisfied with the progress of their AI or GenAI efforts, according to Boston Consulting Group 1. Deloitte 2 meanwhile found that 41% of business and technology leaders said a lack of talent, governance, and risks are barriers to broader GenAI adoption.

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How Cloud Technology is Shaping The Future of Healthcare Industry

OTS Solutions

Cloud computing is based on the availability of computer resources, such as data storage and computing power on demand. Both hospitals and healthcare providers are no longer required to purchase hardware and servers completely. Furthermore, there are no upfront fees associated with data storage in the cloud.

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Storage Options in Google Cloud

Cloud That

Persistent Disks (Block Storage). Filestore (Network File Storage). Cloud Storage (Object Storage). One of the fundamental resources needed for today’s systems and software development is storage, along with compute and networks. Persistent Disks (Block Storage). Filestore (Network File Storage).

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NeuReality raises $8M for its novel AI inferencing platform

TechCrunch

NeuReality , an Israeli AI hardware startup that is working on a novel approach to improving AI inferencing platforms by doing away with the current CPU-centric model, is coming out of stealth today and announcing an $8 million seed round. The group of investors includes Cardumen Capital, crowdfunding platform OurCrowd and Varana Capital.

Hardware 250