TechTaffy

tech:

taffy

Metamarkets Raises $15 Million

By TechTaffy Desk

[Techtaffy Newsdesk]

Big Data analytics company Metamarkets has completed a $15 million round of funding led by new investor Khosla Ventures. Current investors IA Ventures and True Ventures also participated in the round. This represents the company’s second round of funding, bringing total capital raised to date to $23 million. Vinod Khosla is joining Metamarkets as advisor with the funding.

Vinod Khosla: Hadoop as a batch system is so last generation.

The company says it will be using the funding to expand sales and marketing efforts, as well as to deepen development of the company’s analytics platform.

[Image Courtesy: Metamarkets]

Just in

Industry

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.
AI

Intel’s neuromorphic system has neuron capacity of an owl’s brain

Intel says it has built the world's largest neuromorphic computing system called Hala Point, that has the neuron capacity roughly equivalent to that of an owl brain.
AI

AMD launches AI chips for business PCs

AMD has announced new Ryzen PRO 8040 Series mobile processors and Ryzen PRO 8000 Series desktop processors with AI capabilities.
AI

Adobe previews generative AI features in Premiere Pro

Adobe has previewed generative AI features within its video editing software, Adobe Premiere Pro, aimed at streamlining video creation and production workflows.
AI

Covered California implements Google Cloud’s AI solutions

Covered California, California's health insurance marketplace, has announced that it will use Google Cloud's AI solutions to simplify the process of providing health insurance to California residents.