Cloud services provider Fusion has been selected to provide cloud and data center solutions to a cybersecurity company. The contract is expected to generate more than $1.3 million in cloud-based services revenue, and has a three-year term. The name of the company was not disclosed.
Fusion lands $1.3 million cloud and data center solutions contract
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Fundings
Blaize raises $106M
El Dorado Hills, CA-based AI computing company Blaize has raised $106 million.
Fundings
Rivos raises $250M
Santa Clara, Calif.-based Rivos, a RISC-V accelerated platform company focusing on data analytics and Generative AI, has raised $250 million in its Series A-3 funding round
Industry
IBM, Canada, and Quebec invest $137M to strengthen semiconductor industry
IBM, the Government of Canada, and the Government of Quebec announced agreements to develop the assembly, testing and packaging capabilities for semiconductor modules at IBM Canada's plant in Bromont, Quebec.
Around the web
Net neutrality is back: U.S. promises fast, safe and reliable internet for all — NPR
Consumers can look forward to faster, safer and more reliable internet connections under the promises of newly reinstated government regulations, writes Emma Bowman of NPR.
AI
AI is ‘a new kind of digital species,’ Microsoft AI chief says — Quartz
Mustafa Suleyman, chief executive of Microsoft AI, said during a talk at TED 2024 that AI is the newest wave of creation since the start of life on Earth, and that “we are in the fastest and most consequential wave ever,” writes Britney Nguyen in Quartz.