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Aviz and TensorWave Collaborate to Enhance GPU Services with Advanced RoCE-based AI Fabrics

Retrieved on: 
onsdag, maj 15, 2024

The collaboration is focused on intelligent networks powering AI by implementing RoCE (RDMA over Converged Ethernet)-based AI fabrics to optimize GPU as a service offerings.

Key Points: 
  • The collaboration is focused on intelligent networks powering AI by implementing RoCE (RDMA over Converged Ethernet)-based AI fabrics to optimize GPU as a service offerings.
  • TensorWave has quickly established itself as a leader in providing GPU as a service, and this collaboration will only amplify its capabilities.
  • The integration of Aviz technology will enable the management and operations of multi-vendor RoCE-based AI fabrics, crucial for handling diverse GPUs, DPUs, and high radix switches.
  • Aviz Networks champions Networks for AI and AI for Networks, focusing on the next generation of networking with its Networking 3.0 stack.

Uber Announces Results for First Quarter 2024

Retrieved on: 
onsdag, maj 8, 2024

The YoY increase was primarily attributable to an increase in Mobility Gross Bookings due to an increase in Trip volumes.

Key Points: 
  • The YoY increase was primarily attributable to an increase in Mobility Gross Bookings due to an increase in Trip volumes.
  • Business model changes negatively impacted Mobility Revenue Margin by 180 bps in Q1 2024.
  • Taxis: Brought the majority of Hong Kong taxi supply onto Uber by integrating HKTaxi onto the Uber app, and began scaling Los Angeles Yellow Cab trips.
  • A live audio webcast of our first quarter ended March 31, 2024 earnings release call will be available at https://investor.uber.com/ , along with the earnings press release and slide presentation.

Aviz and Celestica Announce Partnership to Advance SONiC Networking Solutions

Retrieved on: 
tisdag, maj 7, 2024

Through this partnership, Aviz Networks' ONES will integrate seamlessly with Celestica's advanced Ethernet solutions, providing a comprehensive networking package that is ready to deploy and comes with 24x7 and 30-minute SLA support.

Key Points: 
  • Through this partnership, Aviz Networks' ONES will integrate seamlessly with Celestica's advanced Ethernet solutions, providing a comprehensive networking package that is ready to deploy and comes with 24x7 and 30-minute SLA support.
  • This partnership empowers enterprises with the tools to efficiently manage SONiC networks, leveraging advanced visibility, orchestration, and automated support capabilities.
  • It facilitates diverse applications of SONiC on Celestica switches, covering Data Centers, Edge Networks, and AI Fabric utilizing RoCE deployments.
  • The partnership underscores both companies' commitment to delivering superior SONiC solutions, merging Celestica's hardware prowess with Aviz's innovative software stack.

MediaTek Boosts Flagship Smartphone Performance with Dimensity 9300+ SoC

Retrieved on: 
tisdag, maj 7, 2024

HSINCHU, May 6, 2024 /PRNewswire/ -- MediaTek today unveiled the Dimensity 9300+, the latest flagship mobile chip in MediaTek's Dimensity portfolio. The Dimensity 9300+ offers increased clock speeds and is designed to accelerate on-device generative AI processing, offering broader support for LLMs, and other performance enhancements over the Dimensity 9300.

Key Points: 
  • HSINCHU, May 6, 2024 /PRNewswire/ -- MediaTek today unveiled the Dimensity 9300+, the latest flagship mobile chip in MediaTek's Dimensity portfolio.
  • The Dimensity 9300+ offers increased clock speeds and is designed to accelerate on-device generative AI processing, offering broader support for LLMs, and other performance enhancements over the Dimensity 9300.
  • "To enhance these AI experiences, the Dimensity 9300+ offers impressive performance and enhancements to speed up LLM inference, running tokens much faster for a better user experience."
  • Additionally, the Dimensity 9300+ integrates MediaTek's MiraVision 990, which has advanced AI depth engine technologies to enhance smartphone content.

SONiC, the Leading Open Source Network Operating System, Sees Unparalleled Growth With 10 New Members and Expansion into Enterprise Edge

Retrieved on: 
måndag, april 29, 2024

Unprecedented membership growth, coupled with the availability of new deployment case studies, showcases SONiC's powerful impact within the network operating space.

Key Points: 
  • Unprecedented membership growth, coupled with the availability of new deployment case studies, showcases SONiC's powerful impact within the network operating space.
  • Spanning hardware manufacturers and software developers, these member organizations illustrate the broad industry support for SONiC's mission to enhance data center networking through open source solutions.
  • "SONiC's growth showcases its unique position in pioneering open source networking solutions, and fosters broad industry collaboration," said Arpit Joshipura, general manager, Networking, Edge and IoT, the Linux Foundation.
  • These examples underscore SONiC's role in advancing network technology and its capability to support complex, high-demand environments across the globe.

Longeveron Raises a Total of $11.4 Million in Gross Proceeds from Warrant Exercise Offering and Public Offering

Retrieved on: 
torsdag, april 18, 2024

H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

Key Points: 
  • H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.
  • The new warrants are immediately exercisable at an exercise price of $2.35 per share.
  • The gross proceeds to the Company from the warrant exercise offering were approximately $6.2 million, prior to deducting placement agent fees and offering expenses payable by the Company.
  • The total gross proceeds to the Company from the two offerings, this warrant exercise offering and the previously announced public offering, with gross proceeds of approximately $5.2 million, which closed on April 10, 2024, in each case, prior to deducting placement agent fees and offering expenses payable by the Company, were approximately $11.4 million.

Longeveron Announces Exercise of Warrants for $6.2 Million Gross Proceeds

Retrieved on: 
onsdag, april 17, 2024

The issuance or resale of the shares of Class A common stock issuable upon exercise of the existing warrants, as applicable, are registered pursuant to effective registration statements on Form S-1 (File Nos.

Key Points: 
  • The issuance or resale of the shares of Class A common stock issuable upon exercise of the existing warrants, as applicable, are registered pursuant to effective registration statements on Form S-1 (File Nos.
  • The gross proceeds to the Company from the exercise of the existing warrants are expected to be approximately $6.2 million, prior to deducting placement agent fees and estimated offering expenses payable by the Company.
  • In consideration for the immediate exercise of the existing warrants for cash and the payment of $0.125 per new warrant, the Company will issue new unregistered warrants to purchase up to an aggregate of 4,799,488 shares of Class A common stock.
  • The new warrants will be immediately exercisable at an exercise price of $2.35 per share.

RYVYL Inc. Announces Launch of Proposed Underwritten Public Offering

Retrieved on: 
måndag, april 15, 2024

In addition, RYVYL intends to grant the underwriter in the offering a 45-day option to purchase up to an additional 15% of the number of shares of common stock offered in the offering at the public offering price, less underwriting discounts and commissions.

Key Points: 
  • In addition, RYVYL intends to grant the underwriter in the offering a 45-day option to purchase up to an additional 15% of the number of shares of common stock offered in the offering at the public offering price, less underwriting discounts and commissions.
  • The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
  • RYVYL intends to use the net proceeds from the offering for working capital and general corporate purposes.
  • Before you invest, you should read the preliminary prospectus supplement and accompanying prospectus, together with the information incorporated therein, for more complete information about RYVYL and the proposed offering.

Innovative Eyewear, Inc. Announces New Patent Filings and Receipt of Notices of Allowance on Smart Safety Eyewear

Retrieved on: 
onsdag, april 24, 2024

29/930,655, entitled SAFETY EYEWEAR.

Key Points: 
  • 29/930,655, entitled SAFETY EYEWEAR.
  • Innovative Eyewear also announces receipt of notices of allowance on three smart eyewear design patent applications (patent application Nos.
  • "Lucyd Armor smart safety glasses are a unique product that we are thrilled to bring to the personal protective equipment market," said Innovative Eyewear CEO Harrison Gross.
  • "We are commencing testing to ensure our smart safety eyewear meets OSHA standards and expect to have the glasses available to consumers in the coming months.

Open Networking & Edge Summit Brings More AI, Networking, Edge & Cloud Industry Luminaries to Keynote Stage in Silicon Valley

Retrieved on: 
tisdag, april 9, 2024

"We are thrilled to welcome such esteemed speakers and presentations to the ONE Summit stage," said Arpit Joshipura, general manager, Networking, Edge and IoT, at the Linux Foundation.

Key Points: 
  • "We are thrilled to welcome such esteemed speakers and presentations to the ONE Summit stage," said Arpit Joshipura, general manager, Networking, Edge and IoT, at the Linux Foundation.
  • "Leaders representing telcos, cloud providers, internet platforms, SIs, government, and more will share the latest innovations towards digital transformation."
  • Keynote topics include the latest innovations through an open source lens, including AI, Cloud Automation, Government, Enterprise, Edge, APIs and more, presented by global leaders paving the way in real time.
  • Members of LF Networking and LF Edge may receive a 20 percent discount (if interested in project membership, please visit https://lfnetworking.org/join/ or https://lfedge.org/members/join/ ).