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Nvidia courts Amazon.com and VMWare with new AI-focused software

Nvidia’s vComputeServer software will help shuffle data back and forth between data centers and the cloud. In an effort which sees chipmaker Nvidia Corp increasing its footprint in the cloud computing space, it stated has begun collaborating with Amazon.com Inc’s cloud division as well as with VMWare Inc to host artificial intelligence programs in Amazon’s…

Porsche invests undisclosed amount in TriEye

TriEye’s cameras, which uses short-wave-infra-red sensing technology, can see at night as well as in adverse weather conditions. Israeli startup TriEye, which has developed short-wave-infra-red sensing technology which enables cars to see in night time as well as in adverse weather conditions, has attracted $19 million in its latest funding round, which also saw the…

Third party contractors transcribed Facebook’s audio data

Tech companies are coming under increasing scrutiny over data privacy issues revolving around their voice assistants. According to a report from Bloomberg which cites sources familiar with the matter at hand, Facebook Inc has been paying outside contractors to transcribe audio clips from subscribers of its services. In a statement, Facebook confirmed that it had…

Nvidia expands further into self-driving market with AB Volvo truck deal

Nvidia’s graphic chip will be powering the machine learning algorithms that will enable Volvo’s self-driving trucks to navigate from production facility to warehouse. In a significant development, Sweden’s AB Volvo stated, it will collaborate with Nvidia to develop artificial intelligence used in self-driving trucks. The agreement marks a long-term strategic partnership which spans several years.…

Digital Colony raises $4.05 billion for digital infrastructure fund

The development is significant since typically buyout funds focus on physically infrastructure. In contrast Digital Colony’s fund illustrates how investors are now seeking assets that support the digital economy. According to sources familiar with the matter at hand, private equity firm Digital Colony, which has the backing of U.S. real estate investor Thomas Barrack, has…

Microsoft unveils new cloud services, AI and blockchain tools

Software behemoth Microsoft Corp has unveiled artificial intelligence and blockchain driven software tools which can contribute positively for businesses. The unveiling is not limited to just software but hardware as well. It has released a developer edition of its HoloLens 2 headset as well. In a significant development, Microsoft Corp announced the release of a…