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AOL Moves Penguin Micro Data Centers To Production
AOL has moved its first outside Micro Data Center (MDC) into production. The system currently handles about 20% of the traffic to AOL’s main...
Accion Launches $10M Venture Lab
Microfinance company Accion is launching Venture Lab, an initiative that provides seed capital and management support to financial inclusion start-ups worldwide. The $10 million program will seek out...
Recent posts
Series E
Vercel raises $250M
San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.
Series A
Worky raises $6M (Mexico)
Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.
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.