TechTaffy

tech:

taffy

Alight raises $11 million

By TechTaffy Desk

San Franciso, California-based Alight has closed a Series A funding round of $11 million from Caterpillar Venture Capital and a consortium of noted Bay Area tech investors, led by Alight chairman, Steven Berger.

Alight provides enterprise-class applications for real-time, dynamic scenario comparison and analysis. The company has solutions for mining and pharma, and says it plans to expand into new industries, including the addition of two new verticals in 2017, with pharma slated for Q3.

[Image courtesy: Alight]

Just in

Industry

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.
AI

Intel’s neuromorphic system has neuron capacity of an owl’s brain

Intel says it has built the world's largest neuromorphic computing system called Hala Point, that has the neuron capacity roughly equivalent to that of an owl brain.
AI

AMD launches AI chips for business PCs

AMD has announced new Ryzen PRO 8040 Series mobile processors and Ryzen PRO 8000 Series desktop processors with AI capabilities.
AI

Adobe previews generative AI features in Premiere Pro

Adobe has previewed generative AI features within its video editing software, Adobe Premiere Pro, aimed at streamlining video creation and production workflows.
AI

Covered California implements Google Cloud’s AI solutions

Covered California, California's health insurance marketplace, has announced that it will use Google Cloud's AI solutions to simplify the process of providing health insurance to California residents.