Element AI, SK Telecom, Hyundai, Hanwha create $45 million global AI fund

Element AI has established a joint $45 million fund with Korean conglomerates SK Telecom, Hyundai, and Hanwha.

Health Catalyst Raises $41 Million

Health Catalyst, a company providing healthcare data warehousing and analytics, has closed $41 million in funding from existing investors Sequoia Capital, Norwest Venture Partners, Kaiser Permanente Ventures, Sorenson Capital, CHV Capital...

Self-Driving Cars Put Auto Industry On Cusp Of Revolutionary Change

For the past hundred years, innovation within the automotive sector has brought major technological advances, leading to safer, cleaner, and more affordable vehicles. But for the most part, since Henry Ford...

DRS Technologies Awarded $455M IDIQ Computing Systems Contract

DRS Technologies has been awarded a Indefinite Delivery/Indefinite Quantity (IDIQ) three-year contract with a potential total value of $455 million for a modular family of computers and display systems for the...

Quantum computing company D-Wave releases open source qbsolve tool

Quantum computing company D-Wave has released an open-source, quantum software tool called qbsolv. Qbsolv is a metaheuristic or partitioning solver that solves a potentially large quadratic unconstrained binary optimization (QUBO) problem by splitting...

Fourth Quarter Storage Software Sales Generate More Market Revenue

The worldwide storage software market closed 2011 with record sales, says IDC. Revenue during the calendar fourth quarter of 2011 (4Q11) increased 10.5% year over year to almost $3.8 billion. This...

Software And PCs Will Lead The Way, Says IDC

Spending on information technology by the 8 million small and medium-sized businesses (SMBs) in the United States will account for approximately one-quarter of overall global SMB IT spending and more than...

AT&T To Start Using Cisco Collaboration Meeting Rooms (CMR) Cloud

AT&T and Cisco have inked a collaboration whereby AT&T service will now utilize Cisco Collaboration Meeting Rooms (CMR) Cloud, a video collaboration service that couples WebEx Personal Rooms with the cloud-based WebEx Video Bridge into an instantly-available meeting experience accessible from any video device.

Amazon Launches Textbook Rental Service

Amazon.com has launched Amazon Textbook Rental, a textbook rental service for college students. To rent a textbook, you search Amazon.com for the book, select “Rent Now,” choose shipping and payment options, and...

Google’s ‘Automagical’ Quarter

By Sudarshana Banerjee “When I look back over the last quarter, the word that springs to mind is ‘gangbusters”, said Larry Page, announcing the results for Google’s third fiscal quarter. “We had...

Ford Buys Software Startup For In-Car Connectivity Solutions

Auto-maker Ford is acquiring Livio, a Ferndale, Mich.-based software development startup. Livio builds products and software tools to support smartphone/car connectivity and builds in-car connectivity solutions.    Livio, co-founded by Sigal and Massimo...

Intel Launches The Core M Mobile Processor

Intel launched its Core M processor on Friday.  The Core M processor can power razor-thin devices with Intel Core processor-level performance and deliver up to double the battery life when compared to a...

Electrolux expands smart appliances collaboration with Google

Electrolux is expanding its collaboration with Google by integrating connected kitchen products in Europe with the Google Assistant.

AT&T, IBM Ink Internet Of Things Deal

AT&T and IBM have inked a global alliance agreement to develop solutions that help support the 'Internet of Things.' The companies will combine their analytic platforms, cloud, and security technologies to...

Docker Available For Windows Server Now

Microsoft and Docker, the company behind the Docker open platform for distributed applications, have inked a partnership to provide Docker with support for new container technologies that will be delivered in a...