Tag: IBM

Fiat Chrysler to start producing 1 million face masks a month

Fiat Chrysler Automobiles said Monday it will start manufacturing face masks in the coming weeks and donate the critical medical equipment to first responders and health care workers — the latest automaker to direct its manufacturing expertise towards the COVID-19 pandemic. The automaker confirmed to TechCrunch that production capacity is…

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IBM, Amazon, Google and Microsoft partner with White House to provide compute resources for COVID-19 research

During today’s White House coronavirus task force press conference, President Trump announced the launch of a new public/private consortium to “unleash the power of American supercomputing resources.” The members of this consortium are the White House, the Department of Energy and IBM . Other companies, including Google, Amazon and Microsoft,…

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AWS, IBM launch programs to encourage developers solving COVID-19 problems

As society comes to grips with the growing worldwide crisis related to the COVID-19 virus, many companies are stepping up in different ways. Today, two major tech companies — Amazon and IBM — each announced programs to encourage developers to find solutions to a variety of problems related to the…

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How the information system industry became enterprise software

Aziz Gilani Contributor Aziz Gilani is a Managing Director at Mercury, where he focuses on investments in enterprise SaaS, Cloud and data science startups. More posts by this contributor The True Impact Of The Snapchat Writedown For Entrepreneurs If you were a software company employee or venture capitalist in Silicon…

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Rigetti Computing took a $71 million down round, because quantum computing is hard

The $71 million in financing that quantum computing technology developer Rigetti Computing recently raised came at a significant cut to the company’s valuation, according to several sources with knowledge of the company. The company declined to comment on its valuation or the recent round of funding it secured. Rigetti is…

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Gaming-focused investment firm Bitkraft closes in on at least $140 million for its second fund

Esports, video games and the innovations that enable them now occupy a central space in the cultural and commercial fabric of the tech world. For the investment firm Bitkraft Esports Ventures, the surge in interest means a vast opportunity to invest in the businesses that continue to reshape entertainment and…

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