TechTaffy

tech:

taffy

IBM unveils next-gen servers geared for AI and deep learning

By TechTaffy Desk

IBM has unveiled its next-generation Power Systems Servers, incorporating the company’s POWER9 processor. Built specifically for compute-intensive AI workloads, the new POWER9 systems are capable of improving the training times of deep learning frameworks faster, says the company.

ThePOWER9-based AC922 Power Systems embeds PCI-Express 4.0, next-generation Nvidia NVLink and OpenCAPI, which combined can accelerate data movement. .

POWER9 is at the heart of the soon-to-be most powerful data-intensive supercomputers in the world, the U.S. Department of Energy’s “Summit”and “Sierra” supercomputers, and has been tapped by Google, according to IBM.

[Image courtesy: IBM]

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.