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Z?m wins $150M from San Francisco schools to modernize and electrify student transport

TechCrunch

m, a startup that wants to upgrade student transportation, a five-year $150 million contract to modernize its transport service throughout the district. m’s transportation solution for SFUSD is expected to save the district $3 million per year on average, based on the cost of the incumbent’s solution. m told TechCrunch.

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DDN Nabs $300M From Blackstone As AI Keeps Data Storage Hot

Crunchbase News

Private equity giant Blackstone Group is making a $300 million strategic investment into DDN , valuing the Chatsworth, California-based data storage company at $5 billion. In general, datacenters and data storage and management have been hot among investors as businesses of all sizes try to use their data to scale up AI initiatives.

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AI meets file data storage: How genAI may solve its own data growth crisis

CIO

Intelligent tiering Tiering has long been a strategy CIOs have employed to gain some control over storage costs. Hybrid cloud solutions allow less frequently accessed data to be stored cost-effectively while critical data remains on high-performance storage for immediate access. Now, things run much smoother.

Storage 103
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Freedom to securely create and collaborate from anywhere

CIO

Help your apps and budget perform Give your creative apps a boost by consolidating your graphics workstations alongside existing cloud storage and renderfarms. PCoIP® encodes, compresses, encrypts, and transports image pixels from a central server or workstation.

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Navigating the future of national tech independence with sovereign AI

CIO

The AI Act establishes a classification system for AI systems based on their risk level, ranging from low-risk applications to high-risk AI systems used in critical areas such as healthcare, transportation, and law enforcement.

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Cold-chain startup Figorr raises $1.5M, backs the roll out of data-driven perishables insurance

TechCrunch

Oghenetega Iortim built Nigerian-based cold chain startup Figorr after imagining better means of storage and transportation of temperature-sensitive products, following the post-harvest losses from his fresh agro-produce venture. Startups like Figorr are helping prevent these losses caused by poor storage, and lack of monitoring.

Insurance 262
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Two European companies are mapping a future service for direct air capture to sequestration of CO2

TechCrunch

Northern Lights was incorporated in March as a joint venture between Equinor, Shell and Total to provide processing, transportation and underground sequestration services for captured carbon dioxide emissions. There is growing awareness of the need to build capacity to remove CO 2 from the atmosphere to achieve net zero by 2050.

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