Generative AI platform Cohere lands 500M in funding
Friday, July 26, 2024 by Richard Harris
Cohere, a generative AI startup co-founded by former Google researchers, has successfully raised $500 million in a new funding round. The investment was backed by notable players including Cisco, AMD, and Fujitsu. According to Bloomberg, this round also saw participation from Canadian pension investment manager PSP Investments and Canada’s export credit agency EDC...
Eclipse reaches milestone with Jakarta EE 8 specifications
Wednesday, September 11, 2019 by Freeman Lightner
During the JakartaOne Livestream virtual conference, the Eclipse Foundation announced the release of the Jakarta EE 8 Full Platform and Web Profile specifications and related Technology Compatibility Kits (TCKs). This release provides a new baseline for the evolution and innovation of enterprise Java technologies under an open, vendor-neutral, community-driven proc...
ABBYY text scanning software reports revenue growth in 2017
Tuesday, February 20, 2018 by Richard Harris
ABBYY has announced the results of 2017. The company achieved a total revenue growth of 25%, the highest rate in five years. Throughout 2017, ABBYY completed a number of large-scale projects for its corporate clients in the United States, Europe, Australia, and other countries around the world. Licensing technologies to partners like Fujitsu, Epson, Hewlett Packard Ente...
Iris Scanning and the Future of Mobile Security
Wednesday, September 14, 2016 by Dr. Salil Prabhakar
The promise of iris scan technology has been shown in sci-fi movies for decades. Various governments use it to secure borders, defense facilities, banks use it to authenticate high value transactions, secure access to safes and vaults. Recent advancements in the evolving mobile biometrics field has brought iris recognition technology to our hands – to our mobi...
Hyperledger Project Moves Forward Open Source Blockchain Digital Technology
Monday, February 15, 2016 by Stuart Parkerson
The folks at the Linux Foundation have been really busy lately as they continue to launch new collaborative projects. The latest is the Hyperledger Project, an open source project to advance the blockchain digital technology (think of the Bitcoin protocol) for recording and verifying transactions.Since announcing the intent to create a formal organization in December 20...
VMware Updates Its Virtual SAN HyperConverged Infrastructure (HCI) Software
Monday, February 15, 2016 by Richard Harris
VMware Updates Its Virtual SAN Hyper-Converged Infrastructure (HCI) SoftwareVMware has released the next edition of its VMware Virtual SAN hyper-converged infrastructure (HCI) software. The solution consists of VMware vSphere, Virtual SAN and vCenter Server which transforms x86 servers and direct-attached storage into HCI systems.VMware Virtual SAN is designed to be a s...
Linux Foundation Creates New Open Source Initiative for Blockchain Technology
Thursday, December 31, 2015 by Stuart Parkerson
The Linux Foundation has announced a new collaborative effort to advance blockchain technology, which is the backbone that powers Bitcoin transactions. The goal of the project is to develop an enterprise grade, open source distributed ledger framework to help developers build industry-specific applications, platforms and hardware systems to support business transactions...
Google Believes it Will Rule Smart Wearable App Market With New SDK
Thursday, March 13, 2014 by Stuart Parkerson
Sundar Pichai with Google has dropped the news that Google will release an SDK for the wearable’s market in a couple of weeks. He discussed the SDK during a presentation at SWSX on Sunday.It’s the latest salvo in the war for app domination by the two biggest players in the market. Last week Apple launched CarPlay with Ferrari, Mercedes-Benz, Honda, Hyunda...
Internet of Things Connected Device Overload: Are We in the Process of Jumping the Shark
Wednesday, February 26, 2014 by Stuart Parkerson
Many of you reading this may not be familiar with the term “Jump the Shark.” It originates from an episode of Happy Days in 1977 when the Fonz put on his leather jacket and water skis then jumped a shark held in a pen off of a California beach. I have seen it, not wanting to date myself I won’t say when.The episode was truly terrible, demonstrating that the show had got...
Fujitsu Introduces Smart Wearable Glove with Near Field Communication (NFC)
Tuesday, February 25, 2014 by Richard Harris
It’s too bad that Michael Jackson is not still around, because who else would be better to hawk a smart glove? Fujitsu will just have to find another spokesperson for its smart glove, equipped with a Near Field Communication (NFC) tag reader and that features gesture-based input for maintenance and other on-site operations.It’s actually a great idea. Fuji...
RESTLET raises $2 million in funding to accelerate APISpark growth
Monday, December 30, 2013 by Richard Harris
CapDecisif Management and Siparex join forces with RESTLET for the future of web APIs. RESTLET receives $2 million in seed funding from European venture funds (CapDecisif Management and Siparex) and from individual investors.Thanks to this fundraising, RESTLET will reinforce its engineering team in France. More specifically, reinforce R&D and tec...
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