Rackspace appoints a new CEO

 Rackspace today announced that its board has appointed Joe Eazor as its new CEO, effective June 12. Eazor will replace Rackspace President Jeff Cotten, who stepped in as the company’s interim CEO after former CEO Taylor Rhodes left the company about three weeks ago. At the time, Rhodes said he Rackspace to become “the CEO of a smaller private company.” That company, we now… Read More

PandaDoc scores $15 million investment to drive expansion

Two men finalising a deal online PandaDoc, a 6 year old startup, has always had a simple goal of eliminating the pdf from the sales collateral pipeline, while helping busy salespeople automate the proposal and contract process. Today it landed $15 million in Series B funding. The round was led by Rembrandt Venture Partners, but also included participation by Microsoft Ventures, HubSpot, EBRD and Altos Ventures. PandaDoc… Read More

Salesforce marches steadily toward $10B run rate goal

 Salesforce is on a steady climb toward a $10 billion revenue run rate. And while it’s not quite there yet, its recent, nearly $2.4 billion quarter puts it squarely in the neighborhood. According to the company’s CEO, Marc Benioff, Salesforce’s revenue growth results give it “the fastest growth of any top [five] enterprise software company.” It’s clear… Read More

Google is giving a cluster of 1,000 Cloud TPUs to researchers for free

 At the end of Google I/O, the company unveiled a new program to give researchers access to the company’s most advanced machine learning technologies for free. The TensorFlow Research Cloud program, as it will be called, will be application based and open to anyone conducting research, rather than just members of academia. If accepted, researchers will get access to a cluster of 1,000… Read More

Google.ai aims to make state of the art AI advances accessible to everyone

 On the stage of Google I/O, CEO Sundar Pichai announced Google.ai, a new initiative to democratize the benefits of the latest in machine learning research. Google.ai will serve as a center of Google’s AI efforts — including research, tools and applied AI. The new site will host research from Google and its Brain Team. It also allows anyone to quickly access fun experiments… Read More

Google’s second generation TPU chips takes machine learning processing to a new level

 Google announced its next generation of its custom Tensor Processing Units (TPUs) machine learning chips at Google I/O today. These chips, which are designed specifically to speed up machine learning tasks, are supposed to be more capable than CPUs or even GPUs at these tasks and are an upgrade from the first generation of chips the company released at last year’s I/O. And speed up… Read More