Pamlico Makes $28 Million Equity Investment In T2 Systems

Pamlico Capital and T2 Systems announced that Pamlico has made a $28 million equity investment in T2 Systems. T2 Systems, founded in 1994, is a provider of unified SaaS (Software as a Service) parking management solutions in the U.S. and Canada. Pamlico has also committed to investing additional expansion capital.  Detailed terms of the transaction have not been disclosed.

Just in

Best Buy to implement generative AI working with Accenture, Google

Best Buy, in collaboration with Google Cloud and Accenture, has announced plans to deploy generative AI (gen AI) to enhance customer support services and assist employees.  

Intel introduces Gaudi 3 AI accelerator: Going bigger and aiming higher in AI market — AnandTech

The latest iteration of Gaudi will be launching in the third quarter of 2024, and Intel is already shipping samples to customers now, writes Ryan Smith.

Google unveils custom Arm-based chips, following similar efforts at rivals Amazon and Microsoft — CNBC

Google is launching a custom-built Arm-based server chip that will become available later in 2024, according to the report.