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Swiss startup Prem AI is raising $100M so hedge funds and law firms can own their AI instead of renting it

Prem AI, a Swiss startup that helps hedge funds and law firms run AI models on their own infrastructure, is raising $100 million in a Series A at a valuation of at least $500 million. The company expects to close the round in the third quarter. CEO and founder Simone Giacomelli said the pitch is […]

This story continues at The Next Web

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Google Is Becoming A Personalizing Mirror Before You Even Type A Query via @sejournal, @TaylorDanRW

Search is becoming a mirror of private data, not a window to the web. Dan Taylor explains what personalized AI discovery means for brands.

The post Google Is Becoming A Personalizing Mirror Before You Even Type A Query appeared first on Search Engine Journal.

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Tesco is migrating 40,000 servers off VMware and suing Broadcom for over GBP 100 million

Tesco, one of Britain’s largest supermarkets, is migrating approximately 40,000 servers away from VMware. It is also suing Broadcom in the UK High Court for more than GBP 100 million, accusing the company of “abusive conduct.” It is one of the largest publicly disclosed VMware migrations since Broadcom completed its acquisition of VMware in late […]

This story continues at The Next Web

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