AI Startup Granulate Gets $30M B Round Funding as it Gains Traction in Data Centers
Granulate Cloud Solutions, the AI-based optimization software startup, announced its second financing round in 10 months as adoption of its data center workload accelerator gains traction among enterprise customers ...Full Article
AI Virtualization and Orchestration Startup Run:AI Captures $30M in Series B Funding
Upstart AI vendor Run:AI dove into AI by creating Kubernetes-based software to help customers get more production out of their existing AI infrastructure investments. Run:AI’s software is an orchestration ...Full Article
DataCore Expands Storage Options for Customers with Caringo Deal
Fueled by enterprise deployments of hyperconverged infrastructure, the software-defined storage market is booming. That trend has prompted DataCore Software to acquire object storage specialist Caringo Inc., enabling the buyer ...Full Article
China Unveils Its First 7nm Chip
Shanghai Tianshu Zhixin Semiconductor Co. is claiming China’s first 7-nanometer chip, described as a leading-edge, general-purpose cloud computing chip based on a proprietary GPU architecture. Dubbed “Big Island” GPGPU, ...Full Article
Intel Veteran Pat Gelsinger Is Leaving VMware, Returning to Intel as CEO
The Intel board of directors has appointed a new CEO. Intel alum Pat Gelsinger is leaving his post as CEO of VMware to rejoin the company that he parted ...Full Article
Qualcomm’s $1.4B Deal for Nuvia a Good Move: Analysts
Qualcomm apparently isn’t letting the bitter memories of its failed $47 billion attempt to acquire NXP Semiconductor in 2018 halt its growth plans. Instead, the company’s latest $1.4 acquisition ...Full Article
Intel to Ramp Up ‘Ice Lake’ Chip Production
Intel Corp. used this week’s virtual CES 2021 event to reassert its dominance of the data center with the formal roll out of its next-generation server chip, the 10nm ...Full Article
Acacia, Cisco Trade Claims in Merger Fight
A dispute over Chinese regulatory approval of its acquisition of Acacia Communications Inc. prompted Cisco Systems to seek a court order compelling the optical component maker to move ahead ...Full Article
Chinese AI Chip Startup Enflame Brings in $278.5M in New Funding
Enflame Technology, a Chinese AI startup developing deep learning chips for AI training, has secured another $278.5 million in funding from government and industry investors. The latest investor group ...Full Article
Grafana, Prometheus Previews Launched by AWS as Managed Services
Grafana Labs, developer of a popular open source tool for visualizing logs and metrics, joins a growing list of Amazon Web Services partners, allowing AWS customer to run Grafana’s dashboards ...Full Article
