Edge computing firm Armada raises $40m in funding round led by M12

Armada, an edge computing specialist, compute and AI, today announced a $40 million funding round led by M12 (Microsoft's Venture Fund), raising its total to more than $100 million.

This funding comes as all Armada products are now available in the Microsoft Azure Marketplace, with Azure customers able to use pre-committed Azure spend on Armada products.

Pradeep Nair, founding CTO at Armada, said: “This funding is a testament to the incredible...

Vecow introduces a robot solution kit with Kudan’s advanced perception technology

Vecow, a pioneer in embedded systems and AIoT solutions, has unveiled what it describes as the most advanced Turnkey Solution kit designed with Kudan, specifically for Simultaneous Localization and mapping (SLAM) applications. 

This solution, said to be an industry-first, is poised to revolutionise real-time navigation and mapping applications by harnessing leading-edge computing technology.

The new Turnkey Solution Kit from Vecow is...

ADLINK Technology and Rutronik sign cooperation agreement

Two people shaking hands.

ADLINK Technology, a specialist in edge computing, and Rutronik Elektronische Bauelemente GmbH, a global broadline distributor, have entered into a new strategic partnership.

This co-operation will enable ADLINK to broaden its offering in core areas such as Computer-on-Module (CoM), industrial displays and panel PCs not only in the local market, but also in the entire EMEA region. ADLINK is a leader in the module sector in particular and, as a manufacturer of edge hardware and...

New Qualcomm-built advanced video processor by Teledyne FLIR powers AI at the edge

Teledyne FLIR, part of Teledyne Technologies Incorporated, today announced Teledyne FLIR AVP, an advanced video processor designed to power Teledyne FLIR’s Prism AI and computational imaging at the edge.

The AVP incorporates the latest Qualcomm QCS8550, the most advanced mobile processor chip from the leader in mobile, automotive, and robotics system-on-chip (SoC) technology. The AVP provides best-in-class artificial intelligence (AI) performance within a small,...

CloudBolt and StormForge team up to bring Kubernetes solution to FinOps

CloudBolt Software, a cloud ROI firm, has partnered with StormForge, a provider of Kubernetes resource optimisation, to bring Kubernetes cost visibility and optimisation into the FinOps ecosystem.

It is hoped this will give organisations the alignment and agency they need across engineering and FinOps to maximise their return on cloud investments.

According to a survey by the Cloud Native Computing Foundation (CNCF), Kubernetes is used in 96% of global businesses. Public...

Avassa and OnLogic team up to deliver ‘industrial IoT edge excellence’

Edge application management and operations platform provider, Avassa, has partnered with global industrial computer manufacturer, OnLogic, to offer a full-stack edge solution combining hardware and software tailor-made for industrial IoT edge environments.

Avassa is a specialist in container application and AI model management at the edge, and its edge platform addresses use cases such as site installation, and deployment, monitoring, and securing applications that operate in many...

Hailo closes $120m funding round and debuts Hailo-10

Hailo, a chipmaker of edge artificial intelligence (AI) processors, has extended its series C fundraising round with an additional investment of $120 million.

At the same time, the company has introduced its innovative Hailo-10 high-performance generative AI (GenAI) accelerators that usher in an era in which users can own and run GenAI applications locally without registering to cloud-based GenAI services.

The new funding round was led by current and new investors...

Edge computing adoption has remained steady with 30% of companies planning deployment

The Eclipse Foundation, one of the world’s largest open source foundations, has published its 2023 IoT and Edge Commercial Adoption Survey Report, an analysis derived from responses of more than 1,000 professionals in the IoT and edge computing domain. 

Conducted online from April 4 to July 5, 2023, the survey offers insights into the evolving IoT and edge computing ecosystems by identifying the requirements, priorities, and challenges faced by organisations that deploy and...

BT launches multi-million-pound NB-IoT network to support UK smart cities 

BT has launched its new multi-million-pound NB-IoT network, which is set to pave the way for more UK smart cities and industries – with the network covering 97% of the UK population. It is underpinned by the EE mobile network.

NB-IoT is a low-power network with the potential to transform industries such as utilities, construction, and the public sector – by securely and reliably connecting the devices to automate many processes that currently require manual oversight or direct...

Lenovo unveils edge AI initiatives across telecoms

MWC MWC has traditionally been the telcos’ playground – and Lenovo is leaning into this with a newly announced series of edge AI collaborations with Deutsche Telekom, Orange, and Telefonica.

The collaborations announced in Barcelona enable the telecom providers to create and deliver a broad array of AI workloads for customers, ranging from automated deployment of edge-to-cloud AI infrastructure, networking, software, orchestration, and management.

Perhaps the most...