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9 IT skills where expertise pays the most

CIO

As one of the most sought-after skills on the market right now, organizations everywhere are eager to embrace AI as a business tool. Its a wide-ranging skillset and each companys needs will vary depending on their business goals, but its a lucrative skill in the current hiring market.

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AI chip startup Axelera lands $27M in capital to commercialize its hardware

TechCrunch

Unlike conventional chips, theirs was destined for devices at the edge, particularly those running AI workloads, because Del Maffeo and the rest of the team perceived that most offline, at-the-edge computing hardware was inefficient and expensive. The edge AI hardware market is projected to grow from 920 million units in 2021 to 2.08

Hardware 240
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EnCharge AI emerges from stealth with $21.7M to develop AI accelerator hardware

TechCrunch

EnCharge AI , a company building hardware to accelerate AI processing at the edge , today emerged from stealth with $21.7 Speaking to TechCrunch via email, co-founder and CEO Naveen Verma said that the proceeds will be put toward hardware and software development as well as supporting new customer engagements.

Hardware 216
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Cloud storage startup Wasabi raises $250M to reach unicorn status

TechCrunch

According to Synergy Group , an IT market research firm, Amazon, Microsoft and Google together held a 65% share of the global cloud services market as of Q2, up 61% year-over-year. Wasabi, which doesn’t charge fees for egress or API requests, claims its storage fees work out to one-fifth of the cost of Amazon S3’s.

Storage 224
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Gartner projects major IT spending increases for 2025

CIO

Device spending, which will be more than double the size of data center spending, will largely be driven by replacements for the laptops, mobile phones, tablets and other hardware purchased during the work-from-home, study-from-home, entertain-at-home era of 2020 and 2021, Lovelock says. Samuel agrees with Gartner’s projections, however.

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Wasabi scores $112M Series C on $700M valuation to take on cloud storage hyperscalers

TechCrunch

Taking on Amazon S3 in the cloud storage game would seem to be a fool-hearty proposition, but Wasabi has found a way to build storage cheaply and pass the savings onto customers. Wasabi storage starts at $5.99 He sees his company as the typical kind of market irritant. “The business has just been exploding.

Storage 218
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NeuReality lands $35M to bring AI accelerator chips to market

TechCrunch

AI that generates images, text and more), is supercharging the AI inferencing chip market. But the competition, while fierce, hasn’t scared away firms like NeuReality , which occupy the AI chip inferencing market but aim to differentiate themselves by offering a suite of software and services to support their hardware.

Marketing 239