TechTaffy

tech:

taffy

Lockheed Martin, Khalifa University Building Arabic Linguistic Tool

By TechTaffy Desk

Khalifa_University

Lockheed Martin and Khalifa University have signed a research partnership to work on the LM Wisdom tool, a customizable Web and social media analytics tool from Lockheed Martin.

The agreement will provide Khalifa University with a two-years funding, during which time the faculty and students will perform studies and analysis of the Arabic language and dialects. The analyses is expected to help build a lexicon, from which Lockheed Martin can build a linguistic feature filter for LM Wisdom.

The LM Wisdom tool monitors and analyzes changing open source data, such as newspaper feeds and social media content, in near-real time, and distinguishes noise from information. The tool is meant for first responders, security and law enforcement agencies.

[Image courtesy: Khalifa University]

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.