JPMorgan Chase & Co, Microsoft Corp, Intel Corp, and more than two dozen other companies have teamed up to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum in the latest push by large firms to move toward distributed ledger systems. The Enterprise Ethereum… Read more »
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Airbus, Qualcomm, Rakuten, Sony and China’s Yuneec joined round.
Flipkart is also in talks with eBay, PayPal and Google Capital
Flipkart will adopt Microsoft Azure as its exclusive public cloud platform.
Cloud, AI expected to help expand in a market notoriously hard for tech companies.
Tong will be head of electric vehicle division of the China-based firm
Baidu has appointed a former Microsoft exec as COO, part of a push into AI as earnings from its core search engine business wane.
The venture arms of Microsoft and Qualcomm have invested in Team8, an Israeli creator of cybersecurity start-ups, as big multinational companies get behind Israel’s burgeoning cyber industry in the face of growing threats. Team8, which also announced on Monday a strategic partnership with Citi to help develop its products, said the… Read more »
Microsoft has led a Series A round in Chinese AI startup Laiye. Financial terms are undisclosed.
A report by Microsoft Accelerator assesses the maturity of Indian start-up ecosystem, when it comes to being enterprise-ready