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Vast Data lands $118M to grow its data storage platform for AI workloads

TechCrunch

The New York-based startup, which provides a scale-out, unstructured data storage solution designed to eliminate tiered storage (i.e. setups that move data between high- and low-cost storage hardware), today announced that it secured $118 million in a Series E round led by […] © 2023 TechCrunch.

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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. Hardware innovations become imperative to sustain this revolution. So what does it take on the hardware side? For us, the AI hardware needs are in the continuum of what we do every day.

Hardware 200
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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.

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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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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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MetalSoft aims to help manage server infrastructure through automation

TechCrunch

MetalSoft allows companies to automate the orchestration of hardware, including switches, servers and storage, making them available to users that can be consumed on-demand. Hostway developed software to power cloud service provider hardware, which went into production in 2014.

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Artificial intelligence and machine learning adoption in European enterprise

O'Reilly Media - Ideas

In a recent survey , we explored how companies were adjusting to the growing importance of machine learning and analytics, while also preparing for the explosion in the number of data sources. As interest in machine learning (ML) and AI grow, organizations are realizing that model building is but one aspect they need to plan for.