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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

Two at the forefront are David Friend and Jeff Flowers, who co-founded Wasabi, a cloud startup offering services competitive with Amazon’s Simple Storage Service (S3). 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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10 most in-demand enterprise IT skills

CIO

Its a common skill for cloud engineers, DevOps engineers, solutions architects, data engineers, cybersecurity analysts, software developers, network administrators, and many more IT roles. Oracle Oracle offers a wide range of enterprise software, hardware, and tools designed to support enterprise IT, with a focus on database management.

UI/UX 203
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Swarm’s low-cost satellite data network is now available to commercial clients

TechCrunch

One of the original startups that set out to create a low-Earth orbit satellite constellation to provide a data network here on Earth is now open for business: Swarm , which now operates 81 of its sandwich-sized satellites on orbit, announced today that its network service is live and available to commercial customers.

Network 263
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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known as a data processing unit (DPU), for around $190 million. ” A DPU is a dedicated piece of hardware designed to handle certain data processing tasks, including security and network routing for data traffic. .”

Azure 282
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Is VMware really becoming the new mainframe?

CIO

VMwares virtualization suite before the Broadcom acquisition included not only the vSphere cloud-based server virtualization platform, but also administration tools and several other options, including software-defined storage, disaster recovery, and network security.

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11:11 Systems: Empowering enterprises to modernize, protect, and manage their IT assets and data

CIO

Leaders across every industry depend on its resilient cloud platform operated by a team of industry veterans and experts with extensive networking, connectivity, and security expertise. Diamond founded 11:11 Systems to meet that need – and 11:11 hasn’t stopped growing since. We enable them to successfully address these realities head-on.”