financetom
Business
financetom
/
Business
/
Akamai Technologies, Neural Magic Partner to Deploy Deep Learning AI
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Akamai Technologies, Neural Magic Partner to Deploy Deep Learning AI
Mar 12, 2024 7:45 AM

10:15 AM EDT, 03/12/2024 (MT Newswires) -- Akamai Technologies ( AKAM ) and Neural Magic signed a strategic collaboration to deploy deep learning artificial intelligence software on Akamai's ( AKAM ) distributed computing infrastructure, the companies said Tuesday.

Neural Magic's software enhances AI workloads through automated model sparsification technologies, the companies said. Neural Magic is also a qualified computing partner of Akamai ( AKAM ).

Financial terms of the partnership were not disclosed.

Price: 109.89, Change: -0.14, Percent Change: -0.13

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
PharmaCorp Buying Two Western Canada Pharmacies for $3.4 Million
PharmaCorp Buying Two Western Canada Pharmacies for $3.4 Million
Sep 3, 2025
04:27 PM EDT, 09/03/2025 (MT Newswires) -- PharmaCorp Rx (PCRX.V) on Wednesday said it agreed to acquire two Western Canadian pharmacies for $3.4 million. The company said the both are PharmaChoice Canada bannered pharmacies, as are the four pharmacies it currently owns. It said 75% of the purchase price will be paid in cash on hand and 25% by issuing...
Visa Insider Sold Shares Worth $3,654,707, According to a Recent SEC Filing
Visa Insider Sold Shares Worth $3,654,707, According to a Recent SEC Filing
Sep 3, 2025
04:27 PM EDT, 09/03/2025 (MT Newswires) -- Ryan McInerney, Director, Chief Executive Officer, on September 02, 2025, sold 10,485 shares in Visa (V) for $3,654,707. Following the Form 4 filing with the SEC, McInerney has control over a total of 247,863 Class A common shares of the company, with 537 shares held directly and 247,326 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1403161/000112760225021128/xslF345X05/form4.xml...
France's data protection authority fines Google 325 mln euros
France's data protection authority fines Google 325 mln euros
Sep 3, 2025
France's data protection authority said on Wednesday it had fined Google 325 million euros ($381 million) for displaying ads to Gmail users and using cookies when users set up Google accounts both without their consent. ($1 = 0.8542 euros) ...
C3.ai Fiscal Q1 Loss Widens, Revenue Falls; Issues Outlook
C3.ai Fiscal Q1 Loss Widens, Revenue Falls; Issues Outlook
Sep 3, 2025
04:26 PM EDT, 09/03/2025 (MT Newswires) -- C3.ai ( AI ) reported fiscal Q1 adjusted loss late Wednesday of $0.37 per diluted share, widening from a loss of $0.05 a year earlier. Analysts polled by FactSet expected a loss of $0.21. Revenue of the quarter ended July 31 was $70.3 million, down from $87.2 million a year earlier. Analysts surveyed...
Copyright 2023-2026 - www.financetom.com All Rights Reserved