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TCW Group Expands AI Collaboration with Microsoft for Investment Innovation
The TCW Group, a leading global asset management firm, has announced an expanded collaboration with Microsoft to further integrate Artificial Intelligence (AI) into its investment processes. Building on their early successes, TCW is leveraging Microsoft Azure OpenAI Service, Cosmos DB, and Azure AI Search to drive innovation in portfolio management and investment analysis. With a focus on securitized products, TCW is using AI to streamline the analysis of complex investments, enabling its teams to efficiently manage vast amounts of financial data and enhance decision-making capabilities. Read More
Axelera AI Unveils Titania™: A Scalable AI Inference Chiplet for HPC
Axelera AI, a leader in AI hardware acceleration for generative AI and edge computing, has announced Titania™, a high-performance and energy-efficient AI inference chiplet. Titania builds on Axelera AI’s Digital In-Memory Computing (D-IMC) architecture, enabling near-linear scalability from the edge to the cloud. To support this development, Axelera AI has secured €61.6 million in funding from the EuroHPC Joint Undertaking (JU) as part of the Digital Autonomy with RISC-V for Europe (DARE) Project. This follows a $68 million Series B funding round, bringing the company’s total funding to over $200 million USD in just three years Read More
Optimizing AI Infrastructure with Penguin Solutions' ICE ClusterWare
Penguin Solutions, Inc. has announced a significant expansion of its ICE ClusterWare™ software platform (formerly Scyld ClusterWare®). The latest update introduces multi-tenancy support, enhanced orchestration controls, and streamlined workflows, helping enterprises build fully optimized AI ecosystems—referred to as Intelligent Compute Environments.Additionally, Penguin Solutions has launched the ICE ClusterWare AIM™ service, an advanced optimization solution aimed at maximizing AI infrastructure performance through predictive automation. This service ensures AI workloads run at peak efficiency while reducing operational complexity. Read More
IDC Unveils TechMatch: AI-Powered Software Sourcing Platform
IDC, a leading technology intelligence provider, has introduced IDC TechMatch™, an AI-powered software sourcing platform designed to simplify and accelerate enterprise software evaluation. Leveraging IDC’s extensive research and data, TechMatch transforms a traditionally complex and time-intensive process into an efficient, AI-driven experience. Read More
Elastic Appoints Navam Welihinda as CFO to Drive Next Growth Phase
Elastic, the company behind Elasticsearch, has appointed Navam Welihinda as its new Chief Financial Officer (CFO), effective February 28, 2025. In this role, he will oversee financial operations, serving as both the company’s principal financial officer and principal accounting officer. Welihinda brings extensive experience in corporate finance, investment, and scaling technology businesses to this position. Read More
HPE and COMLINE SE Expand AI Cloud Services with Private Cloud AI
Hewlett Packard Enterprise has announced that German IT service provider COMLINE SE is expanding its cloud offerings with HPE Private Cloud AI to help customers leverage generative AI for competitive advantage. The solution, part of the NVIDIA AI Computing by HPE portfolio, enables fast deployment of AI applications, including inferencing, retrieval-augmented generation , and fine-tuning. Read More
Velos IoT and IDEMIA Partner to Enhance Secure Global IoT Connectivity
Velos IoT, a global leader in IoT connectivity solutions, has announced a strategic partnership with IDEMIA Secure Transactions, a leader in connectivity services, to enhance global IoT connectivity through advanced embedded SIM technology. This collaboration integrates IDEMIA’s Subscription Management solution into Velos IoT’s ULTIMATeSIM, reinforcing security, flexibility, and scalability for enterprise IoT deployments worldwide. Read More
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