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City Of Los Angeles, CENIC Ink Internet Deal

The City of Los Angeles has signed an agreement to connect the city’s databases and computers to an internet network several times faster than available previously. The agreement with CENIC (Corporation for Education Network Initiatives in California) will allow the city to plug into the California Research and Education Network (CalREN). This connection will enable high-speed delivery of the city’s data and services to California’s K-20 students, educators, academic researchers, and 10,000 member institutions including LA-area institutions like Caltech, UCLA, USC, Cal State LA, and the Los Angeles Community Colleges.

Los Angeles currently publishes more than 1,000 datasets on its two open data portals (http://data.lacity.org and http://geohub.lacity.org).

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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

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