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BrainChip appoints M. Anthony Lewis as CTO
Laguna Hills, CA-based neuromorphic AI technology company BrainChip has announced M. Anthony Lewis as the company's new chief technology officer.
MIT: Engineers put tens of thousands of artificial brain synapses on a single chip
MIT engineers have designed a “brain-on-a-chip,” that is made from tens of thousands of artificial brain synapses known as memristors.
Alibaba Cloud, MDEC launch Malaysia City Brain initiative for smart governance
Alibaba Cloud, the cloud computing arm of Alibaba Group, has launched the Malaysia City Brain initiative, in collaboration with the Malaysia Digital Economy Corporation and Dewan Bandaraya Kuala Lumpur.
World Economic Forum: Young Global Leaders Phone Apps Initiative
A group of ‘Young Global Leaders’ will pilot a non-profit initiative this spring, which aims to give the 1 billion mobile phone users living...
CADDi raises $89M
Chicago, IL-based CADDi, a procurement solutions provider for the manufacturing industry, has raised a $89 million Series C funding round.
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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.
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.
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.