Jonathan Winer, the co-founder and co-CEO of SIP, said that the first three data centers designed using Verrus’ architecture will be located in Arizona, California and Massachusetts.
(Alongside the new business, SIP is also launching the Data Center Flexibility Initiative to bring stakeholders like energy companies, tech giants and regulators together in the meantime.)
Observing the strain that data centers in particular have on the electrical grid, SIP turned its attention to those data centers themselves.
Simply building more data centers, whether run by third-party data center operators or by the hyperscalers themselves, will not keep up with demand.
As SIP sees it, simply adding more data centers — which has been the approach up to now — is not a sustainable approach longer term.
Credit bureaus relying on outdated third-party data are only getting a small piece of the puzzle, Georgina Merhom says.
User-permissioned data sources, that consumers provide with their permission, come from a variety of places.
In addition, user-permissioned data sources replace the self-reporting process, brokers trust between the institution and consumer and identifies opportunities that the bank would have otherwise overlooked, Merhom said.
Building a better credit bureau or finding new ways to verify data from people without a lot of credit is not a new concept.
“It costs banks $29 billion a year to process applications, and that’s not even including the money they pay credit bureaus,” Merhom said.
The TechCrunch team is in Barcelona this week to bring you all the action going on at Mobile World Congress 2024.
So far, we’ve seen some big announcements from companies, including new Android features from Google, Lenovo’s new laptop concept and rollable phone concept and Xiaomi’s robotic dog.
Motorola’s rollable concept phoneWhat’s the maximum size of a device that you will wear on your wrist?
The company has designed what it’s calling a “rollable concept phone” for Motorola that folds around your wrist.
In addition to design, Xiaomi has developed the five core EV technologies: E-Motor, CTB Integrated Battery, Xiaomi Die Casting, Xiaomi Pilot Autonomous Driving, and Smart Cabin.
More specifically, it’s a foldable concept device from Lenovo/Motorola showcased on the floor at this year’s MWC.
The company walked us through a demo of a device that’s another terrific example of its ability to get weird with design.
ItHighlights that there’s absolutely zero guarantee the device will ever become a product and Points to why the company is being a bit stingy with demos.
Lenovo says rollable has multiple batteries – though it won’t disclose how many.
Compared to the competition, the Chinese company is fearless when it comes to getting weird with product design – something I’m fully in favor of.
Something I’ve always admired about Lenovo is the way the Chinese tech giant really lets its freak flag fly.
In fact, visiting the company’s booth nestled in the way, way back of Hall 3 has long been a highlight of MWC for me.
This year’s big scrum gatherer was Lenovo’s long-rumored transparent laptop.
Broadly speaking, it looks like a laptop, with a transparent pane where the screen should be.
Lenovo loves making weird tech for weird tech’s sake, and that’s totally fine.
While the food tech investment sector figured itself out last year, Miruku, a New Zealand-based food tech company, was busy getting ahead of molecular farming technology.
Since the seed round, the company made advancements in its proprietary dairy seed system.
Initially, Miruku focused on programming plants to produce dairy proteins that could be extracted from seeds.
That approach has since expanded to leverage interactions between recombinant dairy casein and native plant proteins, with or without improved fatty acid profiles.
It was led by Motion Capital and included seed round investor Movac and new investor NZVC.
Enterprises need to understand how much to budget into AI tools, how to weigh the benefits of AI versus new recruits, and how to ensure their training is on point.
A recent study also found that who is using AI tools is a critical business decision, as less experienced developers get far more benefits out of AI than experienced ones.
At Waydev, we’ve spent the past year experimenting on the best way to use generative AI in our own software development processes, developing AI products, and measuring the success of AI tools in software teams.
This is what we’ve learned on how enterprises need to prepare for a serious AI investment in software development.
Then use an engineering management platform (EMP) or software engineering intelligence platform (SEIP) to track whether your adoption of AI is moving the needle on those variables.
Orbital operations company Astroscale has revealed new details about its approach to refueling satellites in space, as part of a $25.5 million project exploring the concept with the Space Force.
The concept of on-orbit servicing and repair is attractive to anyone who doesn’t want to see a $100 million investment literally burn up.
Astroscale won a Space Force contract last Summer to explore the possibility in orbit, and the company just published how it plans to do so.
After refueling it, the APS-R will back off and perform an inspection of the client satellite, looking for any fuel leaks or other issues its operators might want to check.
No doubt we’ll hear more about this and other space sustainability projects well before then.
Opera One is an interesting browser because it has some features that hint at its future as a tool for generating information. For example, Opera One includes elements that are…
OnePlus seems to be shifting gears, releasing more products and devices regularly instead of holding back. This is great news for OnePlus fans who want to see the company maintain…