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SambaNova Systems raises $250 million for software-defined AI hardware

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The infrastructure required to handle AI workloads is often as complex as it is sprawling, but a cottage industry of startups has emerged whose focus is developing solutions for end customers. SambaNova Systems is one such startup — the Palo Alto, California-based firm, which was founded in 2017 by Rodrigo Liang and Stanford Professors Kunle Olukotun and Chris Ré, provides systems that run AI and data-intensive apps from the datacenter to the edge. In a reflection of investors’ ravenous appetite for the market, it today announced that it’s raised $250 million in series C funding.

“Raising $250M in this funding round with support from new and existing investors puts us in a unique category of capitalization,” said CEO Liang, a veteran of Sun Microsystems and Oracle. “This enables us to further extend our market leadership in enterprise computing.”

SambaNova’s products — and its customers, for that matter — remain largely under lock and key, but the company previously revealed it’s developing “software-defined” devices inspired by DARPA-funded research in efficient AI processing.  Leveraging a combination of algorithmic optimizations and custom board-based hardware, SambaNova claims it’s able to dramatically improve the performance and capability of most AI-imbued apps.

According to Olukotun, SambaNova’s platform is designed to scale from tiny electronic devices to enormous remote datacenters. “SambaNova’s innovations in machine learning algorithms and software-defined hardware will dramatically improve the performance and capability of intelligent applications,” he added. “The flexibility of the SambaNova technology will enable us to build a unified platform providing tremendous benefits for business intelligence, machine learning, and data analytics.”

One thing’s for certain: SambaNova’s founders are a decorated bunch. Olukotun — who recently received the IEEE’s Computer Society’s Harry H. Goode Memorial Award — is the leader of the Stanford Hydra Chip Multiprocessor (CMP) research project, which produced a chip design that pairs four specialized processors and their caches with a shared secondary cache. As for Ré, he’s an associate professor in the Department of Computer Science at Stanford University in the InfoLab and a MacArthur Genius Award recipient who’s also affiliated with the Statistical Machine Learning Group, Pervasive Parallelism Lab, and Stanford AI Lab.

The AI chip market is anticipated to be worth $91.18 billion by 2025, and dedicated AI chip startups raised $1.5 billion in 2017 alone, among them Kneron, Blaize, AIStorm, Graphcore, Quadric, and Esperanto Technologies. But SambaNova’s total raised — over $450 million to date, following a $56 million series A funding round in March 2018 and a $150 million serise B funding round in April 2019 — is nothing to shake a stick at.BlackRock led the series C round with participation from existing investors including GV, Intel Capital, Walden International, WRVI Capital, and Redline Capital.

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Coronavirus Live Updates: N.Y. Posts Its Largest Daily Death Toll, and Trump Effectively Ousts Relief Funds’ Watchdog

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Trump effectively ousts the top watchdog for the $2 trillion in virus relief.

President Trump moved on Tuesday to oust the leader of a new panel of watchdogs charged with overseeing how his administration spends trillions of taxpayer dollars in coronavirus pandemic relief. It was the latest step in an unfolding White House power play over semi-independent inspectors general across the government.

The official, Glenn A. Fine, has been the acting inspector general for the Defense Department since before Mr. Trump took office. Last week, an umbrella group of inspectors general across the executive branch named him the chairman of a new Pandemic Response Accountability Committee with control of an $80 million budget to police how the government carries out the $2 trillion relief bill.

Credit…Drew Angerer/Getty Images

But Mr. Trump has now abruptly named a different federal official — Sean O’Donnell, the Environmental Protection Agency’s inspector general — to be the acting inspector general for the Defense Department. The move effectively removed Mr. Fine — a former Justice Department inspector general with a reputation for aggression and independence — from his role overseeing pandemic spending.

Democrats immediately condemned Mr. Fine’s sudden sidelining from the committee as “corrupt,” in the words of Senator Chuck Schumer of New York, the minority leader.

Representative Carolyn B. Maloney, Democrat of New York and the chairwoman of the House Oversight and Government Reform Committee, blasted Mr. Trump’s actions as “a direct insult to the American taxpayers — of all political stripes — who want to make sure that their tax dollars are not squandered on wasteful boondoggles, incompetence or political favors.”

And Senator Jack Reed of Rhode Island, the top Democrat on the Senate Armed Services Committee, said his panel had been given no justification or rationale for Mr. Fine’s replacement.

Thomas B. Modly, the acting Navy secretary, resigned Tuesday following his bungled response to an outbreak of the virus aboard the aircraft carrier Theodore Roosevelt engulfed the Navy in a public relations disaster, Defense Department officials said.

Mr. Modly’s departure marks the latest in a string of events that began last week, after The San Francisco Chronicle published a letter in which the Roosevelt’s commander, Capt. Brett E. Crozier, pleaded with the Navy to help contain the virus that had spread rapidly through his ship.

The Navy has announced more than 170 coronavirus cases aboard the Roosevelt since the outbreak started in late March, after the ship had docked in Da Nang, Vietnam.

Mr. Modly fired Captain Crozier on April 2 after accusing him of circumventing the Navy’s traditional chain of command by copying more than 20 people on the emailed letter.

The firing sent shock waves through the crew, which was only exacerbated Monday when Mr. Modly flew to Guam, where the Roosevelt is now docked, and said Captain Crozier was “too naïve or too stupid to be a commanding officer of a ship like this.”

After weeks of unrelentingly bleak news, a few encouraging signs have begun to emerge in recent days suggesting that the spread of the virus is beginning to slow in at least some parts of Asia and Europe that have adopted strict social distancing measures.

Wuhan, the Chinese city where the virus first appeared, lifted its lockdown, and China announced no new deaths from the virus for the first time since January, though doubts remain about the veracity of its statistics. Two of Europe’s most battered countries, Italy and Spain, have seen hopeful signs that their rate of new infections may be slowing. And one framework that American policymakers are relying on to try to predict the course of the outbreak, by the Institute for Health Metrics and Evaluation at the University of Washington, was recently revised with generally less dire projections.

But the scope of the staggering challenges that remain was underscored Tuesday when New York, the hardest hit state in America, reported that another 731 people had died from the virus, the most deaths there in a single day since the crisis began.

It was a sobering reminder that, even amid signs that the spread of the virus may be beginning to level off in parts in some hard-hit places — and there have even been signs suggesting that it may be in New York — it is doing so at a very high level. Many people continue to die each day and many hospitals are stretched to their limits.

Gov. Andrew M. Cuomo of New York said that while the state’s new death toll was upsetting, he was encouraged by data showing that the rate of hospitalizations had fallen for several days, suggesting that the spread of the virus could be plateauing. But he cautioned against growing complacent or easing up on social distancing measures that seem to be working.

“To the extent that we see a flattening or a possible plateau,” Mr. Cuomo said, “that’s because of what we are doing and we have to keep doing it.”

Prime Minister Boris Johnson of Britain remained in the intensive care unit of a London hospital on Tuesday battling symptoms, raising questions not just about the state of his health but about who would lead the country, gripped by a major outbreak, in his stead if that became necessary. In England alone, 758 patients were reported to have died in hospital in 24 hours, public health officials reported on Tuesday.

Mr. Johnson was transferred to the intensive care unit on Monday after his illness worsened. Aides said he had been moved in case he needed a ventilator to help his recovery. On Tuesday evening, the British foreign secretary, Dominic Raab, said that Mr. Johnson was “receiving standard oxygen treatment and breathing without any assistance,” like a ventilator.

As Britain has no written Constitution and no standard line of succession in the case of illness or death of the head of the government, it was for Mr. Johnson to decide who should stand in for him if he became ill. But the man he nominated, Mr. Raab, has been relatively untested, serving as the leader of the Foreign Office for less than a year.

While Mr. Johnson remains as the head of the government from his hospital bed, the seriousness of his illness means that could change quickly. At a time of extraordinary challenge, Mr. Raab is already serving as chairman of a key committee on the pandemic as the government battles to control the spread of the virus and stabilize an economy hit hard by the lockdown measures it has imposed.

Previous British prime ministers, including Tony Blair and Margaret Thatcher, have had health issues while in power, but had brief periods of absence for planned procedures.

Mr. Johnson could be hospitalized for some time, and at a moment when the government must make major decisions about its virus response. Though some British prime ministers have nominated deputies, Mr. Johnson chose not to do so when he took the role last year.

Wuhan’s recovery could offer a window into how other places recover. Sickness and death have touched hundreds of thousands of lives. Businesses, even those that have reopened, face a wrenching road ahead, with sluggishness likely to persist. Neighborhood authorities continue to regulate people’s comings and goings, with no return to normalcy in sight.

Controls on outbound travel were officially lifted just after midnight on Wednesday in China. People can now leave after presenting to the authorities a government-sanctioned phone app that indicates, based on their home address, recent travels and medical history, whether they are a contagion risk. China’s national rail operator estimated that more than 55,000 people would leave Wuhan by train on Wednesday, according to a state-run broadcaster.

China has had 83,654 infections since the start of the outbreak, according to official figures collated by The New York Times. At least 3,331 people nationwide have died, with most other patients recovered.

But many believe the true death toll is far higher. American intelligence officers say that because midlevel officials in Wuhan and elsewhere have lied about infection rates, testing and death counts, even Beijing does not know the full extent of China’s outbreak. Those doubts are rife in Wuhan, where officials have suppressed online discussion of fatalities and pushed for quick, quiet burials of victims.

The Chinese Communist Party said on Tuesday that it was investigating an outspoken property tycoon who accused China’s top leader, Xi Jinping, of having mishandled the outbreak.

Party officials said the man, Ren Zhiqiang, was suspected of “serious violations of discipline and law,” a euphemism the authorities often use for corruption and other abuses of power.

Mr. Ren, a longtime party member, disappeared last month after having written an explosive essay describing Mr. Xi as a power-hungry “clown.” The essay, which circulated on Chinese social media sites, said that the party’s strict limits on freedom of speech and its silencing of the news media had exacerbated the epidemic.

Voters in Milwaukee, the state’s Democratic base and most populous city, experienced significant disruptions. Election workers there expected more than 50,000 voters Tuesday, but the number of polling locations was drastically reduced, from more than 180 to just five. Some voters waited in line for more than two hours, spread out over blocks as they tried to practice social distancing.

In other parts of the state, especially in smaller communities that tend to be less Democratic, the in-person voting process was running relatively smoothly, with wait times more closely resembling a normal election.

It remained to be seen how the disruptions could affect the Democratic presidential primary contest between former Vice President Joseph R. Biden Jr. and Senator Bernie Sanders.

The political and legal skirmishing surrounding the Wisconsin balloting amounted to only the first round of an expected national fight over voting rights during the ccrisis.

Gov. Tony Evers of Wisconsin, a Democrat, had issued an executive order postponing in-person voting and extending to June the deadline for absentee ballots. But Republican leaders succeeded in getting the state’s top court to stay the decree.

And in a decision late Monday, the U.S. Supreme Court’s conservative-leaning majority dealt its own blow to Wisconsin Democrats. In a 5-4 vote, the majority ruled against extending the deadline for absentee voting, saying such a change “fundamentally alters the nature of the election.” The court’s four liberal members dissented, with Justice Ruth Bader Ginsburg writing that “the court’s order, I fear, will result in massive disenfranchisement.”

On Tuesday Mr. Biden criticized Mr. Trump’s stewardship of the crisis, a day after the two men spoke by phone over how to combat the outbreak.

In Herat, the center of the virus in Afghanistan, officials said they had run out of testing kits, and that labs did not have the capacity to conduct any more tests until a new shipment arrives.

“Since this morning, we do not have any other testing in Herat province,” said Dr. Mohamed Rafiq Shirzay, a spokesman for the provincial health department.

Catch up: Here’s what else is happening around the world.

Reporting was contributed by Michael Cooper, Alan Blinder, Karen Zraick, Charlie Savage, Jonah Engel Bromwich, Alan Rappeport, Astead W. Herndon, Raymond Zhong, Javier C. Hernández, Carlotta Gall, Aurelien Breeden, Martin Selsoe Sorensen, Christopher F. Schuetze, Marc Santora, Megan Specia, Iliana Magra, Maggie Haberman, Mike Baker, Declan Walsh, Andrew Higgins, Carlotta Gall, Patrick Kingsley, Stephen Castle, Mark Landler, Adam Liptak, Rick Rojas, Abdi Latif Dahir, Sheila Kaplan, Katie Thomas, Vanessa Swales, Katie Glueck, Motoko Rich, Mike Ives, Richard C. Paddock, Hannah Beech, Jason Gutierrez, Muktita Suhartono, Elaine Yu and Zach Montague.



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It Came From Outside Our Solar System and Now It’s Breaking Up

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It came from beyond our solar system. But the sun wasn’t content to let it leave in peace, or in one piece.

Comet 2I/Borisov, an Eiffel Tower-sized clod of dust and ice, plunged into our solar system last fall, exhaling vapor as it buzzed nearest to our sun around Christmas. This alien visitor must have formed around a distant and unknown star.

It slumbered as it crossed the frozen gulf of interstellar space. But now, suddenly, the sleeper is awake and kicking. To the simultaneous delight and frustration of the world’s astronomers, Borisov has sloughed off at least one fragment over the last few weeks.

The action began last month — March 2020, of all times — when the Hubble telescope spotted at least one chunk of the comet breaking off like a calving iceberg. That clump has since fizzed away into nothingness.

These fireworks offer astronomers a unique glimpse at the exposed guts of this interstellar object, just the second humanity has ever spotted. The first visitor from another star system, 2017’s 1I/Oumuamua, behaved like an inert hunk of rock. “This one has now cracked open its gooey center and we can see what’s inside,” said Michele Bannister, a planetary astronomer at the University of Canterbury in New Zealand.

Astronomers had hoped, even predicted, that Borisov might crack up this spring while heading back out of the solar system to once again sojourn among the stars. But the first signs it was stirring came in early March, right as the coronavirus pandemic ramped up. That’s when ground-based astronomers in Poland spotted the comet suddenly brighten, even though it should’ve been dimming as it got farther from the sun.

Several competing teams of scientists had already booked coveted slots to study the comet over the next few months with Hubble. Spurred by the news out of Poland, they rushed to move up their own observations, hoping to catch the comet acting up.

The clincher came on March 30, when a group led by David Jewitt at the University of California, Los Angeles, downloaded a fresh image taken by Hubble. Instead of just a circular blob that would show the comet’s nucleus, they saw an elongated shape, suggesting a smaller fragment of the nucleus had split off and was slowly drifting away from the main object. “It’s like a little lug nut dropped off your car,” Dr. Jewitt said.

In any normal month, huge mountaintop telescopes in Chile and Hawaii would have already begun swiveling toward the comet, putting the interstellar visitor under the astronomy world’s equivalent of 24-hour surveillance. Those telescopes would let astronomers track Borisov’s brightness from night to night and scan for chemical elements now spewing from its insides.

Of course, the last month wasn’t normal. Most observatories are now shuttered to protect employees from the pandemic.

“The classic phrase is that comets are like cats,” Dr. Bannister said. “They don’t do what you expect. Or what you want.”

Even with Hubble alone, watching a fragment split off and drift from Borisov should help astronomers understand the size of the comet’s original nucleus and how tightly it was bound together, and then compare those properties with bodies formed in our own solar system.

Other research will focus on why Borisov put on a show — and why now. One possible explanation for the comet’s breakup is that after months of sunlight on the surface, buried pockets of volatile ice had warmed enough to suddenly explode.

Another hypothesis holds that gas sprayed off the comet like the wayward nozzle of a fire extinguisher, spinning Borisov in space. Once the comet was rotating fast enough, it centrifuged itself into more than one piece that could escape the original nucleus’ meager gravitational pull. Dr. Jewitt, seeking to prove this model, is hoping future observations will clock the speed of the spin.

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Strategic Analysis to Understand the Competitive Outlook of the Industry, 2024 – Curious Desk

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Global Rough Terrain Forklift Market is valued at USD XX million in 2019 and is projected to reach USD XX million by the end of 2025, growing at a CAGR of XX% during the period 2019 to 2025.

The report titled Global Rough Terrain Forklift Market is one of the most comprehensive and important additions to QY Research’s archive of market research studies. It offers detailed research and analysis of key aspects of the global Rough Terrain Forklift market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the global Rough Terrain Forklift market. Market participants can use the analysis on market dynamics to plan effective growth strategies and prepare for future challenges beforehand. Each trend of the global Rough Terrain Forklift market is carefully analyzed and researched about by the market analysts.

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The Essential Content Covered in the Global Rough Terrain Forklift Market Report:

  • Top Key Company Profiles.
  • Main Business and Rival Information
  • SWOT Analysis and PESTEL Analysis
  • Production, Sales, Revenue, Price and Gross Margin
  • Market Size And Growth Rate
  • Company Market Share

The following manufacturers are covered:
ABB
H2scan
Bruker
Siemens Process Analytics
Hach
Hitech Instruments
Michell Instruments
Nova Analytical Systems
AMETEK Process Instruments
Yokogawa

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
Stationary Hydrogen Analyzers
Portable Hydrogen Analyzers

Segment by Application
Thermal Power Plant
Chemical Plant
Fertilizer Plant
Other

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In terms of region, this research report covers almost all the major regions across the globe such as North America, Europe, South America, the Middle East, and Africa and the Asia Pacific. Europe and North America regions are anticipated to show an upward growth in the years to come. While Rough Terrain Forklift Market in Asia Pacific regions is likely to show remarkable growth during the forecasted period. Cutting edge technology and innovations are the most important traits of the North America region and that’s the reason most of the time the US dominates the global markets. Rough Terrain Forklift Market in South, America region is also expected to grow in near future.

Key questions answered in the report

*What will be the market size in terms of value and volume in the next five years?

*Which segment is currently leading the market?

*In which region will the market find its highest growth?

*Which players will take the lead in the market?

*What are the key drivers and restraints of the market’s growth?

 

We provide detailed product mapping and analysis of various market scenarios. Our analysts are experts in providing in-depth analysis and breakdown of the business of key market leaders. We keep a close eye on recent developments and follow latest company news related to different players operating in the global Rough Terrain Forklift market. This helps us to deeply analyze companies as well as the competitive landscape. Our vendor landscape analysis offers a complete study that will help you to stay on top of the competition.

You can Buy This Report from Here @ https://www.marketresearchhub.com/checkout?rep_id=2518398&licType=S&source=atm 

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