TechTaffy

tech:

taffy

IBM inks collaborative development initiative with Lightbend

By TechTaffy Desk

IBM is inking a collaborative development initiative with Reactive application development platform, Lightbend. The resulting joint solutions will be designed to provide a toolchain for Java and Scala developers to build and deploy AI and cognitive applications in both on-premise and cloud environments, said the companies in a statement.

Lightbend’s platform is powered by an open source core, and provides capabilities across reactive programming, data and microservices. IBM will integrate these capabilities across its cloud platform and portfolio of cloud services, including data analytics, cognitive and machine learning, as well as collaborative data science tools, says the company.

The Lightbend Reactive Platform is projected to be available in the coming weeks through IBM’s Cloud as an integrated bundled solution with WebSphere Application Server.

[Image courtesy: IBM]

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.