TechTaffy

tech:

taffy

HP Launches Its First Full Color Inkjet Web Press

By TechTaffy Desk

[Techtaffy Newsdesk]

HP demonstrated its first full-color HP Inkjet Web Press. This press operates at a speed of 244 meters (800 feet) per minute, 33 percent faster than existing models, says HP. HP has also signed agreements with more than 70 print service providers (PSPs) for the new HP Indigo 5600 and 7600 Digital Presses, says the company.

The first beta installations for the HP Indigo 10000 will be made in late 2012, with commercial availability scheduled for early next year, says HP.

[Image Courtesy: 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.