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Google Cloud Next Unveils Innovative AI Startups and Features
Google Cloud Next Unveils Innovative AI Startups and Features
At the Google Cloud Next conference in Las Vegas, Google announced its next-generation AI processing chip, Ironwood, and the AI model Gemini 2.5 Flash. The event showcased numerous AI startups leveraging Google Cloud, including Cursor, valued at $10 billion, and Hebbia, which raised $130 million for its legal AI solutions. Other notable mentions were Magic, Physical Intelligence, and Synthesia, all securing significant funding and partnerships. Google aims to strengthen its position against competitors like Microsoft Azure and AWS by attracting these rising stars to its cloud platform.
Created at: April 11, 2025 10:00pm
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Tessell Secures $60M to Transform Data Management with AI
Tessell Secures $60M to Transform Data Management with AI
Tessell, a startup specializing in multi-cloud database management, has raised $60 million in funding led by WestBridge Capital. The company aims to revolutionize operational data management by launching an AI-powered conversational database service. With a focus on flexibility and cost-efficiency, Tessell claims to deliver up to 10x performance improvements compared to traditional database services. The four-year-old startup is expanding its market reach, including plans to enter Europe and Asia-Pacific. Tessell currently supports major cloud providers and database engines, with 40 customers, primarily in India.
Created at: April 9, 2025 2:30pm
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Google Unveils New AI Features for Vertex Cloud Amidst Growing Competition
Google Unveils New AI Features for Vertex Cloud Amidst Growing Competition
Google has announced significant updates to its Vertex AI cloud platform, introducing the Lyria music-generating model in preview. Enhancements to the Veo 2 video creation model now allow advanced editing and visual effects. The new voice-cloning feature, powered by Chirp 3, can synthesize speech in approximately 35 languages and enables Instant Custom Voice. Imagen 3 has also received upgrades for improved image generation. These updates aim to strengthen Google's position in the enterprise generative AI market, competing directly with Amazon's Bedrock platform.
Created at: April 9, 2025 12:31pm
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Google Launches Gemini 2.5 Flash AI Model for Enhanced Efficiency
Google Launches Gemini 2.5 Flash AI Model for Enhanced Efficiency
Google has announced the upcoming release of its Gemini 2.5 Flash AI model, designed for efficiency and strong performance. Set to debut on the Vertex AI platform, this model allows developers to adjust processing times based on query complexity. With a focus on balancing speed, accuracy, and cost, Gemini 2.5 Flash serves high-volume applications like customer service and document parsing. The model is also being adapted for on-premises environments, ensuring compliance with data governance needs. Despite lacking a safety report, it presents a viable alternative to more expensive AI models.
Created at: April 9, 2025 12:30pm
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Google Unveils Ironwood: The Next Generation AI Accelerator Chip
Google Unveils Ironwood: The Next Generation AI Accelerator Chip
At the Cloud Next conference, Google introduced Ironwood, its latest TPU AI accelerator chip optimized for inference. This seventh-generation chip will launch later this year in two configurations, significantly boosting AI model performance. Google Cloud VP Amin Vahdat highlighted Ironwood's energy efficiency and enhanced processing capabilities, delivering 4,614 TFLOPs of computing power. The chip features specialized cores for advanced data processing, and Google plans to integrate it with its AI Hypercomputer. As competition intensifies, Ironwood positions Google against rivals like Nvidia, Amazon, and Microsoft in the AI accelerator market.
Created at: April 9, 2025 12:30pm
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Intel Capital to Spin Out, Marking a New Era for Venture Investment
Intel Capital to Spin Out, Marking a New Era for Venture Investment
Intel Capital plans to spin out from its parent company Intel, a surprising move after 34 years as the semiconductor giant's venture arm. With over $20 billion invested in 1,800 companies, the firm aims to retain its operational benefits while gaining independence. Vice President Mark Rostick indicated that recent successes, including a notable exit with Astera Labs, bolstered confidence in attracting outside investors. Despite some internal departures, the firm is set to operate as usual while preparing for a fully independent transition by Q3 2025, focusing on early-stage investments in key tech areas.
Created at: March 29, 2025 3:00pm
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Evroc Secures $55M to Launch Sovereign Cloud in Europe
Evroc Secures $55M to Launch Sovereign Cloud in Europe
Swedish startup Evroc has raised €50.6 million ($55 million) in Series A funding to establish a hyperscale cloud infrastructure in Europe. The initiative seeks to create a secure and sustainable digital ecosystem independent of U.S. tech giants. Amid rising geopolitical tensions, Evroc plans to construct data centers across Europe, with two already operational in Stockholm and Paris. The company aims to focus on AI workloads and is set to launch later this year, catering to sectors requiring high sovereignty, including defense and healthcare. CEO Mattias Åström emphasizes the importance of Europe controlling its own digital destiny.
Created at: March 20, 2025 7:00am
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Google Acquires Wiz for $32B to Strengthen Multicloud Security
Google Acquires Wiz for $32B to Strengthen Multicloud Security
Google has announced the acquisition of security startup Wiz for a staggering $32 billion, positioning the company as a multicloud provider. Wiz, with an annual revenue rate of $700 million, is expected to grow to $1 billion, attracting a diverse customer base. This move aims to retain existing clients who prefer hybrid cloud solutions and mitigate antitrust concerns. Despite its lagging cloud market share, Google hopes to enhance its offerings by leveraging Wiz's multicloud capabilities. The acquisition signals Google's intent to compete more effectively in the cloud security sector.
Created at: March 18, 2025 7:30pm
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Google Acquires Wiz for $32B to Enhance Cloud Security
Google Acquires Wiz for $32B to Enhance Cloud Security
In a historic move, Google, under its parent company Alphabet, is set to acquire cloud security startup Wiz for $32 billion. The acquisition aims to strengthen Google's position in the enterprise cloud market and enhance its security offerings. Although the deal is reportedly finalized, it still awaits regulatory approval. This acquisition follows a previous attempt last year at a $23 billion valuation, which failed due to antitrust concerns. Wiz has shown significant growth, achieving $500 million in annual recurring revenue and is on track to double that. Both companies have yet to confirm the deal officially.
Created at: March 18, 2025 12:00pm
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Google Expands AI Footprint in the UK with Agentspace Launch and Data Residency
Google Expands AI Footprint in the UK with Agentspace Launch and Data Residency
Google is enhancing its AI operations in the U.K. with the launch of the Agentspace platform, allowing enterprises to host AI agents locally. CEO Thomas Kurian announced financial incentives, offering up to £280,000 in Google Cloud credits for startups joining its UK accelerator. The event also unveiled the integration of Chirp 3 into Google’s Vertex AI. This move aims to address data privacy concerns while fostering collaboration with existing partners like BT and WPP. The U.K. government's push for AI integration further complements Google’s strategy to lead in the AI space.
Created at: March 17, 2025 10:00am
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Microsoft Ends Exclusive Cloud Deal with OpenAI, Signs New Agreement
Microsoft Ends Exclusive Cloud Deal with OpenAI, Signs New Agreement
Microsoft has officially ended its exclusive cloud provider status for OpenAI, following a new agreement that allows OpenAI to seek other cloud options if Microsoft cannot meet its needs. This change comes as part of OpenAI's broader infrastructure deal with SoftBank and Oracle. Microsoft retains first refusal on new cloud capacity and continues to support OpenAI's products, including a significant Azure commitment. Despite tensions over compute capacity, key partnership elements, including revenue sharing and API exclusivity, remain intact through 2030.
Created at: January 21, 2025 11:30pm
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Thoras Secures $5M Seed Round to Optimize Cloud Reliability and Costs
Thoras Secures $5M Seed Round to Optimize Cloud Reliability and Costs
Thoras, co-founded by twin sisters Nilo and Jen Rahmani, has raised $5 million in a seed round led by Wellington Ventures. The company, which emerged from stealth in January 2024, focuses on enhancing cloud reliability while minimizing costs, claiming to resolve issues 70% faster and cut cloud expenses by up to 60%. With a revenue surge of 360% in the past nine months, Thoras utilizes AI to identify software disruptions and optimize cloud resources. The funding will aid in product development and engineering hires as the startup plans to expand its offerings beyond Kubernetes environments.
Created at: January 14, 2025 3:00pm
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CoreWeave Expands into the UK with New AI Data Centers
CoreWeave Expands into the UK with New AI Data Centers
CoreWeave, valued at $19 billion, has officially launched its first international data centers in the U.K., marking a significant expansion beyond the U.S. The new facilities in Crawley and London Docklands are part of a £1 billion investment aimed at enhancing AI computing infrastructure. This move aligns with the U.K. government's initiative to boost AI capabilities through a five-year investment strategy. CoreWeave is now planning to open 10 more data centers in 2025, further solidifying its position in the growing AI sector.
Created at: January 13, 2025 11:30am
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AWS to Invest $11B in Georgia's Data Center Expansion
AWS to Invest $11B in Georgia's Data Center Expansion
Amazon Web Services (AWS) has announced plans to invest at least $11 billion in Georgia to enhance its data center infrastructure for cloud computing and AI technologies. This investment is expected to create approximately 550 jobs in the state. AWS's expansion follows a similar commitment made eight months ago for Indiana. Georgia's appeal as a data center location is driven by low electricity costs and favorable tax incentives. However, local residents express concerns over the impact on housing and environmental sustainability. This story continues to develop.
Created at: January 7, 2025 10:00pm
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DataCrunch Aims to Be Europe's Leading AI Cloud Hyperscaler with Renewable Energy
DataCrunch Aims to Be Europe's Leading AI Cloud Hyperscaler with Renewable Energy
Finnish startup DataCrunch is positioning itself as one of Europe's first AI cloud hyperscalers, focusing on renewable energy. The company has raised $13 million in seed funding, including $7.6 million in equity financing and $5.4 million in debt, to offer GPUs as a service. With data centers in Helsinki and Iceland, DataCrunch emphasizes its green energy credentials. CEO Ruben Bryon highlighted their aim to serve both corporate clients and individual AI researchers. The company plans to build its own data centers by 2025 as it seeks to expand its infrastructure and customer base.
Created at: October 21, 2024 9:00am
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Fei-Fei Li's World Labs Chooses Google Cloud for AI Compute Needs
Fei-Fei Li's World Labs Chooses Google Cloud for AI Compute Needs
World Labs, led by AI pioneer Fei-Fei Li, has selected Google Cloud as its primary compute provider for training advanced AI models. The partnership is expected to be valued in the hundreds of millions, as World Labs capitalizes on a recent $230 million funding round. Despite Li's previous role at Google Cloud, the selection was based on Google's AI infrastructure capabilities. The startup aims to develop 'spatially intelligent' models that can process and generate video and geospatial data. This deal is non-exclusive, allowing potential collaboration with other cloud providers.
Created at: October 8, 2024 9:00pm
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TensorWave Aims to Challenge Nvidia with AMD-Powered AI Cloud Solution
TensorWave Aims to Challenge Nvidia with AMD-Powered AI Cloud Solution
TensorWave, a new startup founded in late 2023, is disrupting the AI cloud market by exclusively offering AMD hardware to compete with Nvidia's dominant GPU offerings. CEO Darrick Horton highlights the need for more competition in AI compute, citing Nvidia's monopoly as detrimental to innovation. Based in Las Vegas, TensorWave is already generating $3 million in annual revenue and aims for $25 million by year's end. With a recent $43 million funding round led by Nexus VP, the company is well-positioned for growth as it expands its capacity and customer base.
Created at: October 8, 2024 12:30pm
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