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Zadara Wins Document Archiving Firm

socalTECH

Irvine-based cloud storage products developer Zadara Storage reported a win on Tuesday with document archiving company CBM Archives. Financial details of the win were not disclosed. Zadara said that CBM Archives, which serves state and local government agencies, is using the company's VPSA Storage Array and cloud services.

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Using Generative AI to Drive Corporate Impact

TechEmpower

TechEmpower has been instrumental in developing chatbots like these, utilizing generative AI to sift through internal documents and user manuals, enabling them to provide precise answers to customer service questions. AI-powered tools can handle routine inquiries and draft standard documents, freeing up legal staff for complex tasks.

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Boring Company's Vegas Loop Won't Meet Passenger Goals, Says Report

socalTECH

A report, published Friday, says that the Las Vegas hyperloop system being built under the Las Vegas Convention Center by Los Angeles-based The Boring Company will will not meet passenger throughput requirements of the contract. The limits are apparently due to fire regulations. READ MORE>>.

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Hire a consultant; ignore the advice!

Berkonomics

[Email readers, continue here…] On the final day of our assignment, I was responsible for the “reporting out” to the assembled twenty or so executives in the large conference room of this major corporation. I imagine that our report sits today on someone’s shelf, filed with others from past and from following months and years.

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Report: Hyperloop One Looks For $250M More

socalTECH

Los Angeles-based transportation technology developer Hyperloop One is looking to raise up to $250M in funding, according to a report published on Wednesday. The report, from Fortune, cites a leaked document which has been circulating among potential investors and real estate investors. READ MORE>>.

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Report: LegalZoom Nears IPO

socalTECH

Glendale-based LegalZoom , the online legal documents site which was co-founded by Brian Lee and lawyer Robert Shapiro, is reportedly about to file for its IPO, according to a report today. Reuters, citing sources close to the firm, said the filing is expected in coming weeks.

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Rivian Plans To Spent $5 Billion On Second EV Plant

socalTECH

Electric vehicle maker Rivian is planning to spend $5 billion on a second, electric vehicle plant, according to a report from Reuters, based on a leaked document. According to the report, Mesa, Arizona might be under consideration for the plant.

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