Very good news. Dataproc now lets you use NVIDIA GPUs to accelerate XGBoost in a Spark pipeline. This combination can speed up machine learning development and training up to 44x and reduce costs 14x when using XGBoost. With this kind of GPU acceleration for XGBoost, you can get better performance, speed, accuracy, and reduced TCO, plus an improved experience when deploying and training models. Spinning up elastic Spark and XGBoost clusters in Dataproc takes about 90 seconds. https://gweb-cloudblog-publish.appspot.com/products/data-analytics/ml-with-xgboost-gets-faster-with-dataproc-on-gpus/amp/
Very good news. Dataproc now lets you use NVIDIA GPUs to accelerate XGBoost in a Spark pipeline. This combination can speed up machine learning development and training up to 44x and reduce costs 14x when using XGBoost. With this kind of GPU acceleration for XGBoost, you can get better performance, speed, accuracy, and reduced TCO, plus an improved experience when deploying and training models. Spinning up elastic Spark and XGBoost clusters in Dataproc takes about 90 seconds. https://gweb-cloudblog-publish.appspot.com/products/data-analytics/ml-with-xgboost-gets-faster-with-dataproc-on-gpus/amp/
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
Telegram announces Anonymous Admins
The cloud-based messaging platform is also adding Anonymous Group Admins feature. As per Telegram, this feature is being introduced for safer protests. As per the Telegram blog post, users can “Toggle Remain Anonymous in Admin rights to enable Batman mode. The anonymized admin will be hidden in the list of group members, and their messages in the chat will be signed with the group name, similar to channel posts.”
