Intel is said to be paying over $350 million for a two-year-old 48-person start-up called Nervana, which is involved in deep learning and AI

Read full article: Intel pays $350m for two-year-old AI company

Thanks to Bloomberg and SWF Investment for this one – the eight biggest sovereign wealth funds: $bn Saudi Arabia Public Investment Fund 2000 Norway 850 Abu Dhabi 800 China Investment Corp 750 Saudi Arabia Monetary Agency 600 Kuwait 600 SAFE Investment China 475 Hong Kong 450

Read full article: Top Ten (less 2) Sovereign Wealth Funds

In today’s LED business roundup, Feit plans to challenge the ITC Initial Determination in Cree IP-centric action, while Osram has added to its entertainment SSL portfolio through a deal with ADB TTV SAS, Lunux emerges from Hellux and Hella Industries, and ams acquires MAZeT.

You can now provision the following AWS resources using CloudFormation.

• AWS Certificate Manager: AWS Certificate Manager is a service that lets you easily provision, manage, and deploy Secure Sockets Layer/Transport Layer Security (SSL/TLS) certificates for use with AWS services. Visit our documentation to learn more
• Application Auto Scaling: Application Auto Scaling is a general purpose Auto Scaling service for supported elastic AWS resources. Use it to enable Service Auto Scaling in Amazon EC2 Container Service (ECS).
  • You can now set Service Auto Scaling policies in ECS and determine the target service you want to scale using CloudFormation

Starting today, customers running Amazon WorkSpaces in the Asia Pacific (Singapore) AWS region can use AWS Marketplace for Desktop Apps to purchase pre-packaged applications on a monthly subscription basis.

Amazon Elastic Transcoder is now available in the Asia Pacific (Sydney) region.

We are pleased to announce that you can now add cost allocation tags to your Amazon CloudFront distributions. Tags make it easier for you to allocate costs and optimize spending by categorizing and grouping AWS resources. For example, you can use tags to group resources by administrator, application name, cost center, or a specific project. 

Riverside town receives relief from torturous flooding after the installation of new pumps dramatically improves stormwater pumping station

Over the years, ever-increasing environmental concerns and regulations have heightened the need for increased diligence and tighter restrictions on wastewater quality.

How safe is your drinking water? For most industrial countries, drinking water is very safe due to the efforts of municipal water agencies.