Covering Scientific & Technical AI | Thursday, February 6, 2025

Goldman Sachs and QC Ware Bring New Way to Price Risky Assets within Reach of Quantum Computers

PALO ALTO, Calif., April 29, 2021 -- Marking a significant step in the roadmap for quantum advantage for financial applications, Goldman Sachs and QC Ware researchers have designed new, robust quantum algorithms that ...Full Article

Wasabi Announces $112M Series C Funding

BOSTON, April 29, 2021 -- Wasabi, a hot cloud storage company, today announced $112M in Series C funding led by Fidelity Management & Research Company with participation from existing ...Full Article

infinityQube Operational Quantum Analog Computer Is Bringing Quantum Speed to Enterprise

MONTREAL, April 29, 2021 — infinityQ Technology, Inc., a women led, engineered and managed startup, today announced its groundbreaking computer, infinityQube. The Montréal-based startup has coined its approach “quantum ...Full Article

New AI Tool Calculates Materials’ Stress and Strain Based on Photos

April 29, 2021 -- Isaac Newton may have met his match. For centuries, engineers have relied on physical laws — developed by Newton and others — to understand the ...Full Article

Intel Announces Alliance with 13 Major Companies to Develop Shared Diversity and Inclusion Goals

SANTA CLARA, Calif., April 29, 2021 – Intel, Snap Inc., Nasdaq, Dell Technologies and NTT DATA announced a new industry coalition today, Alliance for Global Inclusion, and have developed ...Full Article

Actuate Closes $8M Series A Led by Tribeca Venture Partners for AI Software for Security Cameras

NEW YORK, April 29, 2021 -- Actuate, a leading provider of automation and intelligence software for smart security camera systems, today announced it has closed its Series A financing ...Full Article

SK hynix Inc. Reports First Quarter 2021 Results

SEOUL, April 28, 2021 -- SK hynix Inc. (or ‘the Company’, www.skhynix.com) today announced financial results for its first quarter 2021 ended on March 31, 2021. The consolidated revenue of the ...Full Article

Astera Labs and Avery Design Partner on CXL 2.0 Verification for Smart Retimer Portfolio

TEWKSBURY, Mass., April 28, 2021 -- Avery Design Systems, a leader in functional verification solutions, today announced that Astera Labs, a pioneer in connectivity solutions for intelligent systems, successfully ...Full Article

DataStax Astra Is Now Available in the Microsoft Azure Marketplace

SANTA CLARA, Calif., April 28, 2021 -- DataStax today announced the availability of DataStax Astra, the industry’s first serverless Database-as-a-Service (DBaaS) for Apache Cassandra running in the Microsoft Azure ...Full Article

ORNL Licenses AI System to General Motors for Automotive Use

April 28, 2021 -- The US Department of Energy’s Oak Ridge National Laboratory has licensed its award-winning artificial intelligence software system, the Multinode Evolutionary Neural Networks for Deep Learning, ...Full Article
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