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Zoom sets sights on AI development as it posts fourth-quarter loss

Computerworld Vertical IT

Videoconferencing company Zoom is pinning its growth plans on investment in AI, after reporting its first fourth quarter net loss since 2018. Online revenue was also down 10% year over year to $481.7 million.

.Net 64
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How Trainline’s CTO stays on track with professional development

CIO Business Intelligence

A long-time Googler, who’s role as engineering director saw her lead the Google Play developer ecosystem, Nikolic was keen for something new that offered a greater sense of social purpose. “ By 2018, the Trainline platform was hosting more than 80 million customer visits a month, with more than 80% coming through mobile devices.


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Chip shortages push hyperscalers to build their own

Network World

The first to market in 2015, Google continues to steam ahead with plans to develop specialized chips meant to accelerate machine learning applications from its tensor processing unit, Valle told Network World. Meta, parent company of Facebook and Instagram, also now is in the AI-focused processor game.

Microsoft 163
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E-commerce company Kaspien, previously known as Etailz, is shutting down and laying off staff


year-over-year, and a net loss of $1.8 The company reported a net loss of $5.1 Kaspien is led by CEO Brock Kowalchuk , who joined the company in 2018 after a 7-year stint with Goldman Sachs. Kaspien has less than 100 employees, according to LinkedIn. Kaspien’s third quarter earnings report shows revenue of $26.4

Company 108
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RealNetworks launches AI robocall blocker, aims to ‘lead the charge’ in battle against spam calls


A report from Hiya — a Seattle startup that also develops tech to block spam calls — noted that scammers exploited the COVID-19 crisis with various scams. In 2018 the company rolled out its SAFR facial recognition software that is now being used for public health compliance amid the pandemic. Net loss for 2020 was $4.8

.Net 117
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Electric vehicle maker Rivian has filed to go public

The Verge

According to the S-1 filed with the SEC, Rivian had a net loss of $994 million on revenue of zero for the first half of 2021. Its net loss for full year 2020 was $1.02 We are a development stage company and have not generated material revenue to date,” Rivian writes in the filing. billion, the filing shows.

.Net 99
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Uber reportedly may sell its self-driving car division to rival Aurora

The Verge

In March of 2019, Uber avoided criminal charges in the 2018 death of Elaine Herzberg in Tempe, Arizona, the first-ever death involving an autonomous car. Uber settled the case unexpectedly in February of 2018. Much of its focus has been on developing technology for self-driving trucks.

Report 104