TechTaffy

tech:

taffy

Savi receives multi-million dollar order to deliver last tactical mile visibility for DoD

By TechTaffy Desk

Alexandria, Virginia-based Savi has received a multimillion dollar order from a government military contractor and supplier of products and services to military forces, intelligence agencies and defense contractors worldwide, said the company in a statement.

Savi will provide active RFID (aRFID) technology powered by its ISO standard reader boards to offer last tactical mile visibility of military assets, extending the range of the RF-ITV network, according to the company.

The ISO reader board is a lightweight device that can detect aRFID-tagged assets up to 300 feet away and relay data to the appropriate information management systems, says Savi.

[Image courtesy: Savi]

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.