microsoft Microsoft Ignite Fall 2021 Unveils AI Tools and Virtual Collaboration Features Microsoft's fall Ignite conference introduces innovative tools like Microsoft Loop, Context IQ, and Mesh for Teams to enhance enterprise productivity and virtual collaboration.
nvidia Nvidia Announces Major Omniverse Updates to Build the Metaverse Nvidia reveals significant updates to its Omniverse platform during GTC 2021, signaling a strong commitment to developing the metaverse. The enhancements aim to improve 3D collaboration and simulation capabilities for enterprise users.
ai AI Investment Doubles as Enterprises Embrace Machine Learning in 2021 Enterprises rapidly adopt AI solutions while global investment in AI startups nearly doubles to $68 billion. Major tech companies and new ventures achieve significant breakthroughs in language models, computer vision, and 3D scene understanding.
microsoft Microsoft Ignite 2021 Delivers Major Azure And Cloud Updates Microsoft Ignite 2021 unveils significant enhancements to Azure services and community tools. The event highlights new hybrid cloud capabilities and improved security features for enterprise users.
google Google Unveils Vertex AI to Streamline Enterprise Machine Learning Google launches Vertex AI, a fully managed cloud platform that unifies AI tools to help businesses build and deploy models faster. The new service requires significantly less code and aims to accelerate the return on investment for machine learning initiatives.
dataminr Dataminr Secures $475 Million at $4.1 Billion Valuation Ahead of 2023 IPO Real-time data analytics startup Dataminr raises a massive $475 million Series F round, pushing its valuation to $4.1 billion. The company plans to use the funds to expand its corporate and international sales as it prepares for a 2023 public listing.
ai Executives Plan Major AI Budget Increases Despite Pandemic Two-thirds of senior executives view AI as vital to their future and plan to boost investments, with annual spending expected to grow by 8.3% over the next three years.
artificial intelligence Companies Plan Major AI Budget Increases Despite Ongoing Pandemic Two-thirds of senior executives view AI as vital to their future and plan to boost investments, with average annual spending expected to reach 8.3% over the next three years.
enterprise Greylock Investor Asheem Chandna Explores Future of Enterprise and Cybersecurity Startups TechCrunch hosts an Extra Crunch Live session with Greylock's Asheem Chandna to discuss the rapidly evolving enterprise and cybersecurity startup landscapes.
intel Intel Stock Drops 10% Despite Beating Q3 Earnings Expectations Intel shares fall sharply in after-hours trading as investors react to a major revenue miss in the company's Data Center Group. Despite meeting overall profit and revenue expectations, a 47% decline in enterprise sales sparks pandemic-related growth fears.
gong Gong Acquires Vayo to Boost Structured Data Analytics Fresh off a $200 million Series D round, Gong acquires Israeli startup Vayo to enhance its ability to identify high-level customer trends. The deal combines Gong's unstructured data analysis with Vayo's large-scale structured data processing.
zoom Zoom Acquires Encryption Startup Keybase to Boost Security Zoom purchases Keybase to bring end-to-end encryption expertise in-house and address recent security concerns. The acquisition aims to build a more private platform for its rapidly growing user base.
comet.ml Comet AI Raises $4.5M to Streamline Machine Learning Model Management Comet.ml secures $4.5 million in funding to expand its infrastructure-agnostic machine learning platform. The company's tools help data scientists track, explain, and optimize AI models across various computing environments.
magic leap Magic Leap Halves Workforce, Abandons Consumer AR Market Augmented reality startup Magic Leap lays off approximately 1,000 employees and abandons its consumer focus to concentrate entirely on enterprise customers amid the COVID-19 pandemic.
verizon Verizon's BlueJeans Acquisition Aims Beyond Remote Work Shift Verizon acquires enterprise video-conferencing tool BlueJeans for under $500 million, a deal that started long before the pandemic. The telecom giant plans to leverage its 5G network to advance the platform far beyond current work-from-home needs.