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

CIO

Diamond founded 11:11 Systems to meet that need – and 11:11 hasn’t stopped growing since. Our valued customers include everything from global, Fortune 500 brands to startups that all rely on IT to do business and achieve a competitive advantage,” says Dante Orsini, chief strategy officer at 11:11 Systems. “We

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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.

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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

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What is a cloud architect? A vital role for success in the cloud

CIO

Cloud computing architecture encompasses everything involved with cloud computing, including front-end platforms, servers, storage, delivery, and networks required to manage cloud storage. Its an advanced job title, with cloud architects typically reporting to the IT director, CIO, CTO, or other technology executives.

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Energy Dome uses CO2 for long-term power storage for solar energy

TechCrunch

Longer-term energy storage is a drag, and a lot of battery tech has been focusing on “how quickly can we charge these batteries so I can drive my EV for another couple of hundred miles.” The heat is stored in a thermal energy storage device. The system has up to 200 MWh in storage capacity.

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AMD buys server maker ZT Systems as AI battle intensifies

CIO

AMD is acquiring server maker ZT Systems to strengthen its data center technology as it steps up its challenge to Nvidia in the competitive AI chip market. By buying ZT Systems, AMD strengthens its ability to build these high-performance systems, boosting its competitiveness against rivals such as Nvidia.

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Warehouse robotics system Exotec raises $335 million

TechCrunch

It’s a hardware and software solution that replaces some human tasks. The key component of the Exotec system is called the Skypods. This is particularly useful to increase the storage density of a warehouse as you can store products a few meters above ground. Similarly, Exotec lets you add more Skypods in the system.

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