ZuriQ Secures $4.2M to Tackle Quantum Computings Scalability Challenge
📅 - Photo: ZuriQ founders: (L to R): Shreyans Jain, Tobias Saegesser and Pavel Hrmo. CREDIT: Daniel Kunz,https://www.danielkunzphoto.com, Adliswil, Switzerland
ETH Zurich spin-off ZuriQ has raised $4.2 million in seed funding to commercialize a breakthrough solution addressing the scalability issues inquantum computing. The funding round, led by Founderful with participation from SquareOne, First Momentum Ventures, OnSight Ventures, and QAI Ventures, aims to revolutionize trapped-ion quantum computing by overcoming the limitations of traditional architectures.
Trapped-ion quantum computers are renowned for their long coherence times, high performance, and robust connectivity. However, their [...][... Check source for end of article ...]
📅 - Scale Computing Gains as VMware Customers Switch Platforms - Scale Computing, a global provider of virtualization, edge computing, and hyperconverged solutions, has reported unprecedented growth in 2024, driven by a surge in demand from former VMware customers seeking alternative solutions. The company experienced a 45% year-over-year (YoY) increase in software sales and more than doubled its client base.
In Q4 alone, Scale Computing recorded a 77% rise in software sales and a staggering 350% increase in new customer acquisitions compared to the same period last year.
This surge in adoption comes as businesses reevaluate their strategies in light of Broadcoms acquisition of VMware, creating an opportunity for Scale Computing to establish itself as [...]
📅 - DigitalOcean Expands Hatch Program with New AI & ML Startup Benefits - DigitalOcean, delivering scalable cloud services for growing tech firms, has announced an expanded set of benefits for its Hatch program, aimed at equipping startups with the tools and support they need to turn innovative ideas into scalable businesses. The program, initially launched in 2016, has supported hundreds of startups, including notable alumni such as Hugging Face, Vuukle, OneText, and Aiven.
The new perks, tailored for startups working on cutting-edge artificial intelligence (AI) and machine learning (ML) projects, would highlight DigitalOceans commitment to fostering early-stage innovation.
Paddy Srinivasan, CEO of DigitalOcean, emphasized the importance of these [...]
📅 - AI-Driven Hosting Solutions for SMBs Released by Cloudways - Cloudways, a division of DigitalOcean providing scalable cloud solutions to growing tech companies, has announced the launch of Cloudways Copilot, a suite of AI-powered tools designed to revolutionize managed hosting for small and medium-sized businesses (SMBs). The initiative debuts with AI-powered issue diagnostics, currently in public preview.
The new platform aims to address a critical challenge for SMBs: ensuring website reliability and performance. Research shows that websites loading in under a second can achieve conversion rates up to three times higher than those taking five seconds or more. By leveraging AI, Cloudways Copilot helps businesses identify, diagnose, and resolve [...]
In today's rapidly evolving digital landscape, companies are increasingly relying on Artificial Intelligence (AI) for a wide range of business tasks. AI has revolutionized the way companies operate, becoming a powerful and versatile tool that has the potential to transform industries. However, it is crucial to highlight that working with AI can present challenges, particularly when it comes to handling AI-related tasks such as image and speech recognition, fraud detection, chatbots, deep learning tasks, and more. These tasks generate vast amounts of data that need to be [...]
📅 - Telxius Boosts Global Connectivity with Upgraded Carrier Ethernet Service - Telxius, a global connectivity provider, has announced an upgrade to its Global Carrier Ethernet (GCE) service for businesses and service providers in the Americas and Europe, offering greater bandwidth flexibility and enhanced performance. This latest improvement aims to help enterprises optimize their investments in connectivity by providing adaptable and scalable options for linking to key global hubs and cloud service providers.
The service is powered by Ciena's advanced optical pluggable technology, which replaces traditional transponders. It is supported by Telxius' extensive global infrastructure, encompassing over 100,000 km of undersea cables and terrestrial backhauls connecting [...]
📅 - e& Enhances SmartHub IX Infrastructure in the Middle East with DE-CIX - e& Carrier & Wholesale has strengthened its SmartHub IX data centers across the Middle East through a strategic partnership with carrier and data center-neutral Internet Exchange operator DE-CIX. This collaboration is set to significantly enhance regional and international connectivity, advancing the digital economy in the Middle East.
DE-CIX operates nearly 60 Internet Exchanges worldwide, spanning Europe, the Americas, Asia, and Africa. With direct access to DE-CIXs network, SmartHub IX aims to establish itself as a key player in the region's digital infrastructure.
Nabil Baccouche, Group Chief Carrier & Wholesale Officer at e&, emphasized the transformative impact of this partnership: [...]
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