Enterprise
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Cloud computing is driving growth at 3 of the 5 most valuable companies in the world. AI will impact jobs only as quickly as AI-powered business software evolves. These are just two of the ramifications of disruptions in enterprise technology permeating mainstream media. Yet the inner workings of the tightly knit enterprise software industry are rarely publicized. Read More
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Surely Box is of sufficient size with enough data running through its systems to take advantage of machine learning. Today, the company announced a deepening relationship with Microsoft in which Box will take advantage of Redmond’s pure go-to-market clout, its data centers (via Box Zones) and, yes, its AI and machine learning algorithms. Read More
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Sumo Logic, the cloud-based log analysis platform, announced a $75 million round today, as the seven year old company could be entering the home stretch before an IPO. While CEO Ramin Sayar was not ready or willing to commit to an IPO timeline, he did admit it was the next logical step for the company, and that the size of the investment gives him the capital to build toward that event.… Read More
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Today Facebook, Microsoft, YouTube and Twitter collectively announced a new partnership aimed at reducing the accessibility of internet services to terrorists. The new Global Internet Forum to Counter Terrorism adds structure to existing efforts by the companies to target and remove from major web platforms recruiting materials for terror groups. Read More
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Amazon is working on an offering that would allow developers building apps and websites using AWS to translate their content to multiple languages, CNBC reports. The machine translation tech used to provide the multi-lingual versions of client products would be based on tech Amazon uses across its own products, the report claims. Translation services are a key competitive offering for Amazon… Read More
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Nicholas Shekerdemian has a pretty typical startup story: he dropped out of college, met up with a technical co-founder and then ended up starting a company. But Shekerdemian, who at the time was helping match English teachers with Chinese citizens, wanted to start a company that would solve his own problem: actually getting a job at a cookie cutter company where everyone else applies. So… Read More
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Word recently spread that Google had quietly launched a new fund for investing into AI companies. Now this fund has made its first (or at least its first public) investment, leading a $10.5 million Series A into Algorithmia, a marketplace and enterprise solution that allows developers to easily tap into its catalog of 3,500 algorithms, functions and machine-learning models. Read More
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Rapid changes in the shipping industry has caught the attention of investors who are starting to pour large sums of money into the industry. And likely for good reason: as a future where trucks are run autonomously becomes ever clearer, the sensors and software behind that is going to have to be able to keep up. One company, Samsara, is working on just those kinds of sensors and products to… Read More
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Real estate is one of those industries that has been rather slow on the uptake of technology, which makes a lot of sense. Buying and selling a home is one of the biggest, most personal decisions in a person’s life, and the shift to online browsing, transactions, etc. was bound to take longer than other sectors. Brokers, too, have grown accustomed to their ways and are usually hesitant to… Read More
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