The Deep Dive: Savage Communications Receives $1.2 Million Broadband Grant

Map showing the area covered by a Minnesota state broadband grant

THE THEME: Savage Communications, Inc., was recently awarded a $1,271,835 grant from the Minnesota Department of Employment and Economic Development to expand broadband in Carlton County. BACKGROUND: The funds were awarded by DEED through the Border-to-Border Broadband Development Grant Program, which began in 2014, according to the DEED website. The 2023 grant dollars will help … Read more

Gardonville gets $1.5 million to bring fast internet to the Carlos area

gardonville buckskin (1).jpg

CARLOS Gardonville Cooperative Telephone Association will provide Internet to hundreds of homes and businesses in Carlos and the Buckskin neighborhood after beating out competitors for a state grant. The Brandon-based telecommunications provider will receive just over $1.5 million from the Minnesota Border-to-Border Broadband Development Grant Program. It was among 15 companies awarded a total of … Read more

Santo Domingo Pueblo Acquires $12.7 Million for Internet Access Expansion – Rio Rancho Observer

3D printers inside the Santo Domingo Trading Post Thursday July 6 (Lauren Lifke)

“We had no internet anywhere in the booking. So parents would have to walk their kids down to I-25 to park, and the kids would have to do their homework on their cell phones,” said Herman Sanchez, Santo Domingo Pueblo Tribal Administrator, of accessing online learning during the early stages of the COVID -19 pandemic. … Read more

Areas of ENC among those receiving a share of $80 million for high-speed Internet

Areas of ENC among those receiving a share of $80 million for high-speed Internet

Governor Roy Cooper’s press office 3 hours ago FILE- An Internet router and switch are displayed in East Derry, NH, June 19, 2018. President Joe Biden is expected to announce his administration’s plans on Monday, June 26, 2023, to distribute billions of dollars budgeted by Congress to bring the Internet to every household and small … Read more

DigitalOcean acquires cloud computing startup Paperspace for $111 million in cash

Digital ocean flag

Image credits: New York Stock Exchange / Stock Photo / Getty Images DigitalOcean, the cloud hosting company, announced today that it has agreed to acquire Paperspace, a New York-based cloud computing and AI development startup, for $111 million in cash. Yancey Spruill, CEO of DigitalOcean, says Paperspaces infrastructure and tools, when integrated with DigitalOceans products, … Read more

NY secured $670 million to expand Internet access. Which regions need it most?

Fiber networks allow for high-speed Internet connections.

Eight years after New York first rolled out its Broadband for All plan to bring Internet access to homes across the state, some rural residents still lack reliable broadband Internet access. A $670 million federal cash infusion announced last week could change that. New York’s $1 Billion ConnectAll Initiative is the state’s latest way to … Read more

Voice.ai raises $6 million as its real-time voice changer nears 500,000 users

Voice.ai raises $6 million as its real-time voice changer nears 500,000 users

Image credits: Bryce Durbin/TechCrunch Services like Midjourney and ChatGPT have pushed the boundaries of how AI can create images and text from basic text messages. Now, audio appears to be the inevitable next frontier. The generation of music based on word prompts, AI tutors for language learning and speech simulators have seen developments in recent … Read more

Runway attracts a new $141 million as next-level generative AI videos begin to emerge

Runway attracts a new $141 million as next-level generative AI videos begin to emerge

Join top executives in San Francisco July 11-12 to hear how leaders are integrating and optimizing AI investments for success. Learn more Runway, one of the hottest generative AI startups with its text-to-image video tools, announced a new round of funding, adding $141 million in a Series C from Google, Nvidia and Salesforce Ventures, among … Read more

Typeface, which is building generative AI for brands, raises $100 million at $1 billion valuation

Typeface, which is building generative AI for brands, raises $100 million at $1 billion valuation

Image credits: Yuichiro Chino/Getty Images In 2022, Abhay Parasnis, former CTO of Adobe, founded Typeface, a generative AI startup focused on enterprise use cases. With it, he hoped to leverage the generative AI that was just starting to become trendy at the time to deliver personalized content for brands at scale. The typeface, thanks in … Read more

Celestial AI raises $100 million to transfer data using light-based interconnects

Stylized data center

Image credits: Jian Fan/Getty Images David Lazovsky and Preet Virk, technologists with backgrounds in semiconductor engineering and photonics, came to the joint realization several years ago that TO THE and machine learning workloads would quickly run into a data movement problem. Increasingly, they predicted, it would become difficult to move data to and from computing … Read more