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Cornell University establishes $11.3M AI research center with Naval grant
Cornell University is launching the Scientific Artificial Intelligence Center (SciAI Center), a new initiative backed by an $11.3 million grant from the Office of Naval Research.
Internet Society Names Kathryn Brown CEO
The Internet Society has appointed Kathryn Brown as its new chief executive officer. Based in the organization's Reston, Virginia office, Ms. Brown succeeds outgoing...
AOL Names Curtis Brown Chief Technology Officer
AOL has appointed Curtis Brown as executive vice president and chief technology officer, effective immediately. Mr. Brown, joined AOL as senior vice president of Engineering...
Sridhar Ramaswamy named Snowflake CEO
Snowflake chief executive Frank Slootman is retiring, and Sridhar Ramaswamy has been appointed as the new CEO.
Debra Lee joins AT&T board
AT&T has added Debra Lee, former chairman and CEO of BET Networks and founder of Leading Women Defined, to its board.
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Industry
Amazon announces $1.31B investment in France
Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.
Around the web
Amazon Web Services CEO Adam Selipsky to step down — CNBC
Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer.Â
AI
Palo Alto Networks, Accenture expand alliance to offer generative AI services
Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.Â
Industry
Intel appoints Kevin O’Buckley as SVP and GM of Foundry Services
Intel announced the appointment of Kevin O'Buckley as senior vice president and general manager of Foundry Services, the customer service and ecosystem operations division of Intel Foundry.
Industry
Squarespace to be acquired by Permira for $6.9B
Squarespace will be acquired by global private equity firm Permira in an all-cash transaction valued at approximately $6.9 billion.