TechTaffy

tech:

taffy

Iomaxis awarded $245 million contract to support US Naval Research Laboratory

By TechTaffy Desk

Iomaxis has been awarded an indefinite-delivery, indefinite-quantity contract valued at up to $245 million to give technological support and assistance to the U.S. Naval Research Laboratory.

NRL, the corporate research lab for the Navy and Marine Corps, conducts a broad program of scientific research, technology and advanced development. Iomaxis will support the NRL in communications, computing and data storage, operational IT, and security initiatives.

The IDIQ contract, which has a fixed five-year ordering period, serves the NRL’s Washington, D.C.-area branch and has the potential to support global initiatives.

[Image courtesy: Iomaxis]

Just in

AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.
Industry

Square expands offline payments globally

Payment processing company Square has announced the expansion of its offline payments feature to all hardware devices and countries.
Around the web

U.S. bans noncompete agreements for nearly all jobs — NPR

The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own, writes Andrea Hsu. 
AI

The Coca-Cola Company commits $1.1B to Microsoft Cloud and AI partnership

The Coca-Cola Company and Microsoft announced a five-year partnership on Tuesday. As part of the collaboration, Coca-Cola has committed $1.1 billion to Microsoft Cloud and generative AI capabilities.