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Stanford University, ZSpace Collaborating On Virtual 3D Imagery

The Stanford University School of Medicine's Division of Clinical Anatomy has joined zSpace's Academic Advisory Council, a network of universities focused on advancing innovation,...

Tech Mahindra, City of Los Angeles, USC team up to launch smart city energy initiative

Tech Mahindra has teamed up with the City of Los Angeles and the University of Southern California Viterbi School of Engineering and USC Marshall School of Business.

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.

FedML raises $11.5M

Sunnyvale, Calif,-based FedML has closed $11.5 million in seed funding.

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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.

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.

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.

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. 

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.