TechTaffy

tech:

taffy

HP Launches Education Innovation Fund In China

By TechTaffy Desk

[Techtaffy Newsdesk]

HP has created an Education Innovation Fund in China. HP’s fund will support teacher training through a $1 million donation to Zhejiang University and the National Commission of the People’s Republic of China for United Nations Educational, Scientific and Cultural Organization (UNESCO).  The fund’s aim is to increase the use of information, communication and technology (ICT) solutions to improve education outcomes in China, says HP.

Over two years, more than 5,000 teachers from 500 rural and urban schools in Hangzhou, Zhejiang Province, and Chengdu, Sichuan Province, will be trained through the fund, impacting thousands of students yearly. These educators will be subsequently invited to enter a competition to demonstrate how they applied their training toward innovating teaching.

HP made the announcement at the 2012 HP Catalyst Summit Beijing currently taking place in China.

[Image: HP]

Just in

Series E

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.
Series A

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.
Industry

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.
Around the web

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. 
AI

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.