Data center operator DataBank nets $250M equity investment
The data center market is booming, driven by AI demand. Just last week, OpenAI said that it plans to team up with backers including SoftBank to spend at least $100 billion on data center infrastructure in the U.S. Microsoft aims to put around $80 billion toward AI infrastructure this year,
Read moreThe FAA is facing a major crisis without a leader because Elon Musk pushed him out
The Federal Aviation Administration is facing its first major aviation disaster in 16 years without a leader because Elon Musk helped push him out. Michael Whitaker stepped down as FAA administrator on January 20th, the day of Donald Trump’s inauguration, after clashing with Elon Musk, who’s company SpaceX is regulated
Read moreAi2 says its new AI model beats one of DeepSeek’s best
Move over, DeepSeek. Seattle-based nonprofit AI lab Ai2 has released a benchmark-beating model called Tulu3-405B. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreSavant Labs is an automation platform for business analysts
Savant Labs launched its automation platform for data analysts in 2023. The company, which competes with the likes of Alteryx, on Thursday said it had raised $18.5 million in a Series A round led by Dell Technologies Capital. Unlike some other low-code/no-code tools, Savant’s focus is squarely on business analysts.
Read moreShinichi ‘Sam’ Yoshida Appointed CEO of Canon EMEA
Canon EMEA, a global provider of imaging, print technologies, and services, has appointed Shinichi ‘Sam’ Yoshida as President & CEO of Canon Europe, the Middle East, and Africa (EMEA), succeeding Yuichi Ishizuka, who is retiring after seven years in the role and a successful 44-year career with Canon. Sam Yoshida
Read moreDeepSeek exposed internal database containing chat histories and sensitive data
The internal DeepSeek database was exposed to the internet without a password. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreData analytics startup Athenic AI wants to be an enterprise’s central nervous system
Jared Zhao originally got interested in data analytics during his time at UC Berkeley because he was drawn to how it could turn raw data into a story. Zhao founded his first data analytics startup Polyture in 2021. But advancements in generative AI just a year later made Zhao realize
Read moreUS blood donation giant warns of disruption after ransomware attack
New York Blood Center said it does not have a "specific timetable for system restoration" following the attack, which has led to canceled appointments and delays © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreIndia lauds Chinese AI lab DeepSeek, plans to host its models on local servers
India’s IT minister on Thursday praised DeepSeek‘s progress and said the country will host the Chinese AI lab’s large language models on domestic servers, in a rare opening for Chinese technology in India. “You have seen what DeepSeek has done — $5.5 million and a very very powerful model,” IT
Read moreHow Can AI Agents Transform Technical Support Services?
Very few businesses operating today don’t have a customer-facing piece of technology. Whether that’s an actual product, an app, or even just e-commerce and customer service functionality on their website, all have become crucial to surviving and thriving in today’s business environment. As critical as these pieces of technology have
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