IBM, Google, Others to Unveil Open Data Centre Interface to Take on Intel

IBM, Google, Others to Unveil Open Data Centre Interface to Take on Intel

IBM, Google, Others to Unveil Open Data Centre Interface to Take on Intel
HIGHLIGHTS
OpenCAPI will provide a high bandwidth, low latency open interface design
Will help speed up big data, machine learning, analytics
Consortium plans to make OpenCAPI available before the end of the year
Technology giants IBM Corp, Google and seven others have joined hands to launch an open specification that can boost datacenter server performance by up to ten times, to take on Intel Corp.

The new standard, called Open Coherent Accelerator Processor Interface (OpenCAPI), is an open forum to provide a high bandwidth, low latency open interface design specification.

The open interface will help corporate and cloud data centers to speed up big data, machine learning, analytics and other emerging workloads.

The consortium plans to make the OpenCAPI specification available to the public before the end of the year and expects servers and related products based on the new standard in the second half of 2017, it said in a statement.

Intel, the world’s largest chipmaker, is known to protect its server technologies and has chosen to sit out of the new consortium. In the past also, it had stayed away from prominent open standards technology groups such as CCIX and Gen-Z.
“As artificial intelligence, machine learning and advanced analytics become the price of doing business in today’s digital era, huge volumes of data are now the norm,” Doug Balog, general manager for IBM Power, told Reuters.

“It’s clear that today’s datacenters can no longer rely on one company alone to drive innovation,” Balog said.

Advanced Micro Devices Inc, Dell EMC, Hewlett Packard Enterprise Co, Mellanox Technologies Ltd, Micron Technology Inc, NVIDIA Corp and Xilinx Inc are also members of the the OpenCAPI consortium.

© Thomson Reuters 2016

Tags: Google, IBN, Intel, Open Coherent Accelerator Processor Interface, OpenCAPI, Internet

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J.P. Morgan, Kellogg foundation Unveil entrepreneurs of color Loans

detroit development fund

In 2015, small agencies in Detroit welcomed a new program for minority-owned corporations.
The Detroit development Fund (DDF), J.P. Morgan Chase and the W.okay. Kellogg basis (WKKF) haveannounced the first four recipients of loans from the entrepreneurs of shade (EOC) Fund.
groups receiving the primary round of funding are:
electricity, lights and Technical services, Inc. (PLTS), providing electrical design and production forbusiness, industrial and home clients. it’s going to obtain a $100,000 contractor line of credit andmortgage.
valuable upkeep’s construction Co. (percent), presenting 86f68e4d402306ad3cd330d005134dacproduction paintings throughout the Motor city. it will get hold of a $50,000 contractor line of credit.
LoveLifeSwagger, presenting 86f68e4d402306ad3cd330d005134dac, U.S. made road put on merchandise.it will get hold of a $30,000 line of credit.
house of natural Vin, aiming to become a wine retailer in downtown Detroit. it’ll get hold of a $one hundred forty five,000 mortgage.
Backing Small corporations
The $6.5 million program is aimed at boosting small agencies which are either owned by entrepreneursor that in particular hire humans of coloration.
Facilitated by way of DDF, a Michigan 501(c)three network improvement economic group (CDFI), the fund affords financing for Detroit-basedorganizations that lack access to traditional kinds of credit and capital.”
Commenting at the discover’s potential in a current launch, Detroit Mayor Mike Duggan said, “there issuper opportunity for small corporations right here in Detroit, and this mortgage program from the Detroit development Fund, J.P. Morgan Chase and the W. ok. Kellogg foundation will make sure thatcorporations right here have get entry to to the resources they need to prosper.”
The college of Michigan regulation college and J.P. Morgan Chase additionally announced the Detroitcommunity commercial enterprise undertaking (DNBP), a brand new software that addresses growthbarriers and provides felony assist to neighborhood companies. the use of a $127,000 grant from J.P. Morgan Chase, 8 regulation students — with college supervision — will provide legal help to smallorganizations.
“Small organizations be afflicted by a well-documented lack of get admission to to capital, business andprison advice, and networks for mentoring and business opportunities. college of Michigan school andcollege students can help deal with those boundaries to growth,” remarks Michael S. Barr, Professor oflaw on the college of Michigan
The mission will also attract school and college students from different schools to higher guide smallenterprise desires.
vacation spot Detroit
With about 32,000 small groups owned by humans of coloration, Detroit is the fourth largest U.S. city for minority-owned groups. yet, those corporations are depending on the investments of private or circle of relatives wealth.
The EOC Fund tries to exchange this repute quo.
through providing financial help, the fund will help minority-owned organizations to grow, create new jobs and raise Detroit’s unwell economy.
it’ll be thrilling to see how the program shapes up for small groups owned with the aid of humans ofcolour in Detroit due to the fact its fulfillment can be a prototype for comparable applications indifferent components of the usa as well.

Apple to unveil new iPhone today, aims to capture lower end of market

Apple iPhone

Since Apple introduced the first iPhone in 2007, mobile handsets have only gotten bigger. Chief Executive Officer Tim Cook will buck that trend today when he presents a smaller iPhone, seeking to entice holdouts to upgrade to a new smartphone even if they don’t want a larger device.

The ambitions for the new phone may be commensurate to its diminutive size. Unlike previous new iterations of the device, the 4-inch iPhone won’t be packed full of technological innovations intended to send hordes of Apple fans queuing around the block on launch day to snap it up. Instead, it’s meant to woo those still clinging to the more than two-year-old 5S or 5C, the last models with the more compact screen.

“It will really just replace the 5S at the low end of the lineup,” said Chris Caso, a New York-based Susquehanna International Group analyst with a positive rating on Apple shares. “The 5S is getting a bit old now and won’t run the operating system that well for much longer.”

The company is rolling out the new phone two months after saying quarterly sales were likely to decline for the first time in more than a decade, highlighting concern that iPhone growth has reached its limits. While analysts from UBS Group AG to RBC Capital Markets predict that shipments of the iPhone SE – the expected name of the new model – will be about 15 million annually, its smaller size and lower price could encourage existing customers to step up at a time of year when sales often decelerate. Apple sold more than 231 million iPhones in 2015, with sales dipping between April and September, as has been the case in previous years.

Apple is introducing the new, smaller iPhone at a time when customers are holding onto their handsets longer. Global wireless carriers are no longer subsidising new iPhone purchases like they once did, making customers question whether the improvements warrant the expenditure on new models. A slowing upgrade cycle is something Apple has experienced with the iPad, which has seen sales steadily decline for several quarters.

“The replacement cycle for iPhones has stretched to 27 months,” compared with the 23 months of two years ago, RBC analyst Amit Daryanani wrote in a note to clients. The new handset will “ensure that consumers who have a three-year-old 5S or 5C don’t switch to Android for lack of new iPhone products.”

Apple readies a small bite

An older iPhone owner who’s looking to upgrade can currently either spend $549 on the basic version of the iPhone 6 – the 2014 edition – or buy a less-expensive Android-based phone. Apple’s new lower-end model may persuade customers to stick with the company’s products, allowing it to sell services through the App Store or subscription-based products such as Apple Music and iCloud. The new smartphone will boast a faster processor than the 5S, a person familiar with the details has said. Like the iPhone 5C, it may also be available in a variety of colours, analysts have said.

Cook will wield a new iPad at Monday’s event as well, details about which are scant. The tablet has endured its own revenue drop – unit sales fell by a quarter in the three months through December – as users have been happy to retain older models as their phones perform more of the same functions. (Article continues below infographic)

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Releasing the new 4-inch iPhone – which will be manufactured in smaller volumes – now also provides an opportunity for Apple to try out new component suppliers ahead of the next generation of the larger, flagship phone that will be revealed later this year, according to Tim Arcuri, a San Francisco-based Cowen & Co analyst who rates Apple market perform.

“It’s as much a supply chain move from Tim Cook to systematically bring in some new suppliers,” Arcuri said, adding that the product may reduce costs by making the supplier bidding process more competitive. “If I’m Apple, I’m not going to take the risk with a new supplier on a brand new phone, but I can do it on what is essentially an existing product.”

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