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Data center provider fakes Tier 4 data center certificate to bag $11M SEC deal

CIO

Another news report dated 2016 shows Jain as the Founder and CEO of AiNET, which “designs, constructs, operates, and supports Internet data centers, optical fiber networks, and easy-to-understand cloud solutions. His LinkedIn profile also says Jain is the founder of AiNET and claims the company’s data centers are Tier 4 certified.

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Delivering better business outcomes for CIOs

CIO

AI models rely on vast datasets across various locations, demanding AI-ready infrastructure that’s easy to implement across core and edge. This platform works independently of technical differences within the infrastructure, providing a single place to manage all applications and data.

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Brazilian fintech infrastructure company Dock closes on $110M in funding, now valued at over $1.5B

TechCrunch

If there’s one area that has thus far felt insulated from the global venture downturn, it’s infrastructure. Co-founder Marcelo Jacques noted that when the company started to talk to the market about what it did, essentially explaining what infrastructure in fintech and payments meant, “it was difficult.”.

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Should startups build or buy telehealth infrastructure?

TechCrunch

SteadyMD, which in March raised a $25 million Series B led by Lux Capital, wants to be the infrastructure layer that makes it easier for other companies to offer telehealth services. The company launched in 2016 with the intent to provide high-quality, virtual primary care for brick-and-mortar shops.

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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

.” “Fungible’s technologies help enable high-performance, scalable, disaggregated, scaled-out data center infrastructure with reliability and security,” Girish Bablani, the CVP of Microsoft’s Azure Core division, wrote in a blog post.

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Orkes forks Conductor as Netflix abandons the open-source project

TechCrunch

Netflix today announced that it is discontinuing its support for Conductor, a popular orchestration engine for microservices the streaming giant open-sourced in 2016.

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Teleport nabs $110M to provide identity-based infrastructure access

TechCrunch

Kontsevoy, Wakefield, and Klizentas released Teleport’s flagship product, the eponymous Teleport, as an open source project in 2016. “We want engineers to feel like their entire infrastructure gets ‘ teleported’ into the same room with them.” That’s why we started this project,” Kontsevoy said.