Friday, December 11, 2015

OpenAI Sets Out to Guide Artificial Intelligence Development

OpenAI, a new non-profit artificial intelligence research company, has set a course to guide the development of artificial intelligence technology "to benefit humanity as a whole, unconstrained by a need to generate financial return." In a blog posting, the OpenAI team said it is "hard to fathom how much human-level AI could benefit society, and it's equally hard to imagine how much it could damage society if built or used incorrectly." The endeavor...

Another Buyer Bids for Atmel

Atmel confirmed the receipt of an unsolicited proposal to acquire all of the outstanding shares of Atmel common stock for $9.00 in cash per share. The name of the bidder was not disclosed. Atmel said the offer also provided the option to receive, in lieu of cash, shares of the acquiror in an amount of up to $1.0 billion in aggregate value, based on a ten-day trailing average of the acquiror's closing stock price measured as of transaction close. Atmel's...

India Grants National Long Distance license to NTT Com

The government of India has granted a National Long Distance license to NTT Communications India Network Services, a newly established Indian subsidiary of the Japanese carrier. NTT Com anticipates launching India domestic network services by the end of this month. The launch will include IP-VPN and other reliable, high-quality connectivity services to meet the growing demands of companies such as automobile dealers and retailers with distributed...

CloudEndure Raises $7 million for Migration & Recovery Solutions

CloudEndure, a start-up based in Israel, announced $7 million in new funding for its cloud live-migration and disaster recovery solutions. CloudEndure’s Cloud Workload Mobility technology creates an exact copy of an entire application at an alternative cloud location – at the touch of a button, within minutes, and with the latest data. CloudEndure supports physical, virtualized or cloud-based applications as the source and Amazon Web Services (AWS),...

First Intelsat EpicNG Satellite Arrives in French Guiana Ahead of Launch

The first of the Intelsat EpicNG series of High Throughput Satellites, Intelsat 29e, arrived at the Guiana Space Center ahead of its scheduled launch on an Ariane 5 rocket on the 27th of January 2016. Manufactured by Boeing and equipped with the most advanced digital payload on a commercial spacecraft, Intelsat 29e will bring High Throughput capacity in both C- and Ku-band to North and Latin America and the North Atlantic region. The satellite...

Microsoft Looks to Build Huge Data Center in San Antonio

Microsoft has acquired 158 acres of land in San Antonio with plans to build one of the largest data centers in the country, according to a report from the San Antonio Business Journal. Microsoft reportedly looks to break ground in the coming months on an eight-building data center campus of over 1 million square feet.  The company did not comment on the report. feet. http://www.bizjournals.com/sanantonio/news/2015/12/10/exclusive-microsoft-buys-nearly-160-acres-in-far.html Microsoft...

LookingGlass Acquires Cyveillance, Adds $50 Million in Funding

LookingGlass Cyber Solutions announced its acquisition of Cyveillance, a provider of open-source threat intelligence (OSINT), along with a $50 million round of Series C financing. Founded in 1997, Cyveillance delivers an open source intelligence-led approach to security through continuous, comprehensive monitoring and analysis of millions of online data sources to protect client information, infrastructure, and employees from physical and online...

Vonage Picks Velocloud for SD-WAN

Vonage has selected VeloCloud's Cloud-Delivered SD-WAN (Software-Defined Wide Area Network) technology to launch a new SmartWAN service. Vonage SmartWAN will help to enhance the performance of mission critical applications such as Virtual Desktop, Software-as-a-Service (SaaS), CRM tools and Hosted Email. Additional benefits include QoS and brownout/blackout protection, as well as the ability to maximize bandwidth resources across multiple locations....