Databricks picks up MosaicML, an OpenAI competitor, for $1.3B
Investors aren’t the only ones who want to get their hands on hot tech companies in the field of AI: it’s also likely to spur a big wave of M&A, too: today, Databricks announced that it would pay $1.3 billion to acquire MosaicML, an open-source startup with neural networks expertise
Read moreCyber Security Today, June 26, 2023 – The latest data breaches, and a Twitter hacker sentenced to five years
The latest data breaches, a Twitter hacker sentenced to five years, and more. Welcome to Cyber Security Today. It’s Monday, June 26th, 2023. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com and TechNewsday.com in the U.S. Lutheran Services of Illinois, a social service provider for the state, is
Read moreSnapCalorie taps AI to estimate the caloric content of food from photos
While working at Google, Wade Norris wanted to create a project that could positively impact people’s lives. He co-founded Google Lens, Google’s computer vision-powered app that brings up information related to the objects it identifies. But it didn’t quite scratch the itch. So several years ago, Norris teamed up with
Read moreLeadership Lessons: An Amazing One Year After Publishing Digital Trailblazer
As I board the plane from San Francisco to Newark, I make a stark realization. Wow, it’s been a year since I received my author’s copies of Digital Trailblazer and eighteen months since I submitted the manuscript to Wiley. Writing, publishing, and marketing a book isn’t a journey – it’s
Read moreIBM acquires Apptio from Vista for $4.6B in cash to double down on hybrid cloud services
As cloud architecture continues to more ubiquitous among organizations, increasingly what is more apparent is that many organizations are taking a hybrid approach, blending SaaS in private and public clouds with some products that remain on premises. Today, IBM made a big acquisition doubling down on the hybrid concept: it
Read moreDrag equation exponent variation
The motion of a falling body of mass m is given by where the term −kvr accounts for drag due to air resistance. One can derive r = 2 under simple physical assumptions, but if I remember correctly other values of r may be more realistic in certain circumstances. I
Read moreAdobe indemnity clause designed to ease enterprise fears about AI-generated art
When it comes to artworks created by generative AI, enterprise users have specific legal concerns around permissions – and Adobe has recognized those worries. That’s why the company has written an indemnity clause that states that Adobe will pay any copyright claims related to works generated in Adobe Firefly, the
Read moreHashtag Trending Jun.26-TikTok admits to storing U.S. data in China; Meta to restrict news to Canadians; Musk vs. Zuckerberg cage match
TikTok finally admits to storing US data in China, Meta says it will restrict news to Canadian users of Facebook and Instagram and just when you think that Elon Musk can’t be any more immature…. These and more top tech news stories from Hashtag Trending and Tech News Day.
Read moreAston Martin taps Lucid to help develop electric vehicles
Lucid Group, the U.S. automaker that produces the luxury all-electric Air sedan, will supply Aston Martin with powertrain components for future electric vehicle models, the companies said Monday. The iconic British luxury automaker aims to launch an EV in 2025. The agreement marks a first for Lucid — a chance
Read moreFrench VC firm Frst reaches $80 million first close for its new seed fund
Frst, the Paris-based VC firm with no vowel in its name, is in the process of raising its second fund. The firm has already reached a first closing of €72 million (nearly $80 million at today’s exchange rate). And if there’s one thing to say about this new fund is
Read more