Tech News from Simmons Systems (Page 490)

Tech News from Simmons Systems

nimble robotics

Nimble Robotics Raises $50 Million to Expand Warehouse Fulfillment Automation

Nimble Robotics secures a $50 million Series A round to double its workforce and scale its AI-driven warehouse picking technology. The company currently processes tens of thousands of daily orders for major retailers using robots that rely on human operators for only a small fraction of tasks.

NVIDIA and Harvard Build AI Toolkit to Enhance Genome Sequencing Accuracy

Researchers from NVIDIA and Harvard University introduce AtacWorks, a deep learning toolkit that improves genome sequencing by filtering out noise from small cell samples. This PyTorch-based convolutional neural network delivers high-quality results faster than traditional methods.

NVIDIA and Harvard Build AI Toolkit to Enhance Genome Sequencing

NVIDIA and Harvard University researchers introduce AtacWorks, a deep learning toolkit that improves genome sequencing by cleaning noisy data. This CNN-based tool allows scientists to achieve high-quality results using significantly fewer cells than traditional methods require.

Hugging Face Secures $40 Million to Expand Popular NLP Library

AI startup Hugging Face raises a $40 million Series B round to grow its widely used open-source natural language processing library. The company currently supports 5,000 organizations and operates as a cash-flow positive business.

Crypto Executive Justin Sun Buys Digital NFT Artwork for $69 Million

A digital artwork by Beeple sells for a staggering $69 million at Christie's, with cryptocurrency entrepreneur Justin Sun revealed as the buyer. The historic sale pushes the NFT market into the same price range as traditional blue-chip masterpieces.

microsoft exchange

State-Sponsored Hackers Exploit Unpatched Microsoft Exchange Servers

A Chinese hacking group known as Hafnium attacks thousands of organizations using Microsoft Exchange Server vulnerabilities called ProxyLogon. Many legacy systems remain unpatched, leaving less mature businesses vulnerable to ongoing cyber threats.

microsoft exchange

Thousands of Organizations Still Vulnerable to Microsoft Exchange Server Hack

A Chinese state-sponsored hacking group exploits legacy on-premises Exchange servers to install web shells and prepare for future attacks. Despite available patches, many organizations remain exposed.

Apple Commits $1.2 Billion to New European Chip Design Hub in Munich

Apple plans to invest $1.2 billion in a new European Silicon Design Center in Munich, focusing on 5G and wireless technologies. The facility expands on Apple's existing engineering presence in the city.

Microsoft Azure Percept Kit Brings Easy Edge AI to Developers

Microsoft introduces the Azure Percept platform, a combined hardware and cloud service solution designed to streamline edge AI development. The starter development kit integrates vision and audio modules with Azure's robust machine learning tools.

Apple Commits $1.2 Billion to New European Chip Design Hub in Munich

Apple invests heavily in a new Munich-based silicon design center focused on 5G and wireless technologies. The facility expands upon Apple's already massive engineering presence in the city.

Apple Plans $1.2 Billion Silicon Design Center in Munich

Apple commits $1.2 billion to a new European Silicon Design Center in Munich focused on 5G and wireless technology.

Startups Lead the Charge in Bringing GPT-3 Applications to Market

New startups are rapidly adopting GPT-3 to automate writing tasks and build innovative software products. These agile companies are outpacing large corporations by quickly turning the powerful AI model into practical business tools.

Startups Lead the Charge in Bringing GPT-3 to Everyday Applications

New startups rapidly adopt GPT-3 to automate writing tasks like emails and ad copy, outpacing larger corporations. Clever prompt engineering allows these small companies to build highly contextual AI products faster than ever before.