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Posts Tagged ‘IBM’

Eigen nabs $37M to help banks and others parse huge documents using natural language and ‘small data’

One of the bigger trends in enterprise software has been the emergence of startups building tools to make the benefits of artificial intelligence technology more accessible to non-tech companies. Today, one that has built a platform to apply power of machine learning and natural language processing to massive documents of unstructured data has closed a ...

Will the quantum economy change your business?

Google and NASA have demonstrated that quantum computing isn’t just a fancy trick, but almost certainly something actually useful — and they’re already working on commercial applications. What does that mean for existing startups and businesses? Simply put: nothing. But that doesn’t mean you can ignore it forever. There are three main points that anyone ...

In latest $10B JEDI contract twist, Defense secretary recuses himself

The JEDI drama never stops. The $10 billion, decade-long cloud contract has produced a series of twists and turns since the project was announced in 2018. These include everything from court challenges to the president getting involved to accusations of bias and conflict of interest. It has had all this and more. Today, in the ...

Kenyan telco Safaricom’s Alpha incubator faces uncertain future

Safaricom’s Nairobi based Alpha innovation incubator may have an uncertain future, according to sources. With two high-level departures, and the passing of Safaricom’s CEO Bob Collymore, there are questions on how or if Alpha will continue to operate. The space was established in 2017 to spur new product development for Safaricom, which is Kenya’s largest ...

Autonomous ‘Mayflower’ research ship will use IBM AI tech to cross the Atlantic in 2020

A fully autonomous ship called the ‘Mayflower’ will make its voyage across the Atlantic Ocean next September, to mark the 400-year anniversary of the trip of the first Mayflower, which was very much not autonomous. It’s a stark way to dive home just how much technology has advanced in the last four centuries, but also ...

AI-based firefighter safety startup Prometeo wins IBM Call for Code Challenge

During an event at the United Nations Delegates Dining Room in New York City, IBM unveiled the winners to its annual  Call for Code Global Challenge. The competition, which is targeted at computing solutions for global problems, crowned five winners, ranging from first responders to health care info. Prometeo took the top price for its ...

Rahko raises £1.3M seed from Balderton for quantum machine learning tech

There remains a problem with the race to create a quantum computer, which is that experiments in this area can be extremely error-prone. Rahko is a new UK startup that thinks is can address this problem with what’s known as ‘Quantum machine learning’. It’s now raised a £1.3M ($1.6M) in a seed round led by ...

Gatsby raises $15M Series A for its modern web development platform

Gatsby, a platform that uses modern web technologies like React and GraphQL to help developers build better sites faster, today announced that it has raised a $15 million Series A round led by CRV. Previous investors Trinity Ventures, Mango Capital, Fathom Capital and Dig Ventures also participated, as did Kong CEO Augusto Marietti and Adobe ...

The mainframe business is alive and well, as IBM announces new Z15

It’s easy to think about mainframes as some technology dinosaur, but the fact is these machines remain a key component of many large organization’s computing strategies. Today, IBM announced the latest in their line of mainframe computers, the Z15. For starters, as you would probably expect, these are big and powerful machines capable of handling ...