Category: Enterprise

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GitHub has announced a slew of updates for Copilot, while also giving a glimpse into a more agentic future for its AI-powered pair programmer. Among the notable updates includes a feature called Vision for Copilot, which allows users to attach a screenshot, photo, or diagram to a chat, with Copilot generating the interface, code, and…

Intel Capital fuels TrueFoundry’s $19M funding to help boost AI deployments at scale

February 6, 2025

TrueFoundry, a startup offering enterprises a platform to deploy compound AI systems at scale, as raised $19 million in a Series A round led by Intel Capital. © 2024 TechCrunch. All rights reserved. For personal use only.

Pendulum’s AI-driven platform helps enterprises better predict supply and demand

February 6, 2025

Supply chains have had a tumultuous few years, beginning in 2020, when COVID-19 upended legacy global supply chains. More recently, the “TikTok-ification” of retail has companies like Shein and Temu creating new products constantly as consumer demands change at the same rapid pace. Pendulum aims to help companies better plan for supply and demand in…

Comstruct, a platform to digitize the construction industry, raises $13.5 million

February 6, 2025

When you think about platforms in the construction industry, chances are you’re thinking about concrete platforms designed to support steel beams and tall pillars. Munich-based startup Comstruct wants to design a different platform to digitize the construction industry — a software platform. And the startup is announcing a $12.5 million Series A round led by GV…

Avelios nabs $31M led by Sequoia to fix the ailing world of healthcare IT

February 6, 2025

The race is on to build a new generation of healthcare software to replace legacy hospital systems that in some cases may not have been updated in decades. A startup out of Munich, Germany called Avelios has ambitions to build a new kind of end-to-end administrative system, leaning into more modern tooling using AI and…

Aiming to accelerate product design with AI, Trace.Space raises a Seed round

February 6, 2025

Modern product engineering requires the production of highly accurate digital simulations, allowing engineers to create prototypes and understand the real-world performance of materials. Currently, legacy software platforms from companies like IBM and Dassault are generally employed, but — now powered by Generative AI — startups are joining the arena. One such is Trace.Space, coming out of…

XOi raises $230M, acquires Specifx to expand its tech for field service technicians

February 5, 2025

Field service engineers may not be the first group of customers that come to mind when you think about lucrative opportunities in B2B technology. But that same blind spot speaks of the opportunity in the space for those who are stepping up and targeting “the job site.” One of the players in that space, XOi …

Workday cuts nearly 2,000 employees

February 5, 2025

Enterprise HR platform Workday is the latest tech company to announce layoffs in recent weeks. Silicon Valley-based Workday laid off 1,750 employees on Wednesday, as originally reported by Bloomberg and confirmed independently by TechCrunch. That total represents approximately 8.5% of headcount. Unlike many other tech companies, including Meta and Microsoft, Workday has not held drastic…

AMD pulls up the release of its next-gen data center GPUs

February 4, 2025

AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally announced. During the company’s Q4 2024 earnings call Tuesday, AMD CEO Lisa Su said AMD plans to sample the MI350 with “lead customers” this quarter, and “accelerate” production shipments to “mid-year.” “So, we had…

Okta competitor SailPoint races toward $11.5B IPO

February 4, 2025

Cybersecurity company SailPoint is hoping to sell $1 billion worth of stock in its upcoming IPO and offer another signal that IPOs will become hot again. © 2024 TechCrunch. All rights reserved. For personal use only.

Amazon continues renewable energy spree with 476 MW purchase

February 4, 2025

Okta lays off 180 employees – nearly one year after last workforce reduction

February 4, 2025

U.S. access and identity management giant Okta laid off 180 employees on Tuesday, the company confirmed to TechCrunch – just over one year after it let go of 400 workers. The company separately conducted a workforce reduction in February of 2023 that affected 300 employees. While Okta did not share how many employees it has…

China may probe Intel for antitrust: report

February 4, 2025

Amid China’s retaliation to recently-announced U.S. tariffs, Intel may find itself in the hot seat with China’s regulators. China is apparently considering an antitrust probe into semiconductor giant Intel, according to reporting from the Financial Times. This would be in addition to the set of tariffs against the U.S. that China announced on Monday. Per…

OpenAI doubles down on Asia, partners with Kakao after its big deal with SoftBank

February 4, 2025

On the heels of Chinese AI firm DeepSeek making a huge splash in OpenAI’s American backyard, OpenAI is diving into expanding in Asia, with major commercial deals that will also help it train its AI on more Asian-language content and user behavior — a gateway to doing more business in these markets in the future…

Adam Candeub, a vocal critic of Big Tech, will reportedly join the FCC

February 3, 2025

Adam Candeub, a known critic of Big Tech, looks poised to join the Federal Communications Commission (FCC). Candeub will be general counsel of the FCC, reports Semafor, which cites direct confirmation from FCC chairman Brendan Carr. TechCrunch has reached out to the FCC for more information. Candeub has long been a vocal critic of Section…

Samsung chief Jay Y. Lee cleared of all charges in 2015 merger case

February 3, 2025

A Seoul appeals court on Monday upheld the acquittal of Samsung Electronics Executive Chairman Jay Y. Lee in accounting fraud and stock manipulation in a case related to a controversial 2015 merger of two Samsung affiliates, Cheil Industries and Samsung C&T. The Seoul High Court dismissed the prosecution’s appeal in the case involving Lee, who…

Tana snaps up $25M, with its AI-powered knowledge graph for work racking up a 160k+ waitlist

February 3, 2025

An app that helps people and teams in the working world simplify their to-do lists — ideally by organising and doing some of the work for them — has remained one of the unsolved goals in business technology. Leaning into AI, on top of battle scars from once building Google Wave, a startup called Tana…

AI systems with ‘unacceptable risk’ are now banned in the EU

February 2, 2025

As of Sunday in the European Union, the bloc’s regulators can ban the use of AI systems they deem to pose “unacceptable risk” or harm. February 2 is the first compliance deadline for the EU’s AI Act, the comprehensive AI regulatory framework that the European Parliament finally approved last March after years of development. The…

AI agents could birth the first one-person unicorn — but at what societal cost?

February 1, 2025

Thanks to the advent of cloud computing and distributed digital infrastructure, the one-person micro-enterprise is far from a novel concept. Cheap on-demand compute, remote collaboration, payment processing APIs, social media, and e-commerce marketplaces have all made it easier to “go it alone” as an entrepreneur. But what about scaling that one-person business into something meatier…

Meta turns to solar — again — in its data center-building boom

January 31, 2025

The announcement comes as Meta CEO Mark Zuckerberg maintains the company’s ambitious AI strategy, which will require hefty capital investments in data centers. © 2024 TechCrunch. All rights reserved. For personal use only.

Intel has already received $2.2B in federal grants for chip production

January 30, 2025

Semiconductor giant Intel Corporation has already received $2.2 billion in federal grants from the U.S. Department of Commerce through the U.S. CHIPS and Science Act, the company shared during its Thursday earnings call. Dave Zinsner, Intel’s co-interim CEO, executive vice president and CFO, said the Silicon Valley-based company received the first tranche of $1.1 billion…

Intel won’t bring its Falcon Shores AI chip to market

January 30, 2025

Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads. The move comes as Intel tries to correct course after a number of disappointing product launches and historic losses, while competitors like AMD and Nvidia gain ground. Intel co-CEO Michelle Johnston Holthaus said during the company’s fourth-quarter earnings call Thursday,…

Microsoft signs massive carbon credit deal with reforestation startup Chestnut Carbon

January 30, 2025

US Justice Department sues to block HPE’s $14B acquisition of Juniper Networks

January 30, 2025

Data center operator DataBank nets $250M equity investment

January 30, 2025

The data center market is booming, driven by AI demand. Just last week, OpenAI said that it plans to team up with backers including SoftBank to spend at least $100 billion on data center infrastructure in the U.S. Microsoft aims to put around $80 billion toward AI infrastructure this year, and rival tech giants have…

Ex-Autodesk execs snag $46M to build the next gen of architecture design

January 30, 2025

Talk to many architects, and they’ll likely tell you that Autodesk’s software, including AutoCAD and Revit, has been indispensable to their work for decades. But despite their widespread use, Autodesk’s former co-CEO and chief product officer Amar Hanspal says that the architecture, engineering, and construction (AEC) industry is using 20th century tools to design 21st…

Backline automatically remediates security vulnerabilities

January 30, 2025

Backline, a new security startup that uses AI agents to automatically remediate security vulnerabilities, is coming out of stealth with a $9 million seed round led by StageOne Ventures. This is the third startup by Maor Goldberg, the company’s co-founder and CEO. He previously co-founded Whitebox Security, which he sold to SailPoint in 2015, as…

Savant Labs is an automation platform for business analysts

January 30, 2025

Savant Labs launched its automation platform for data analysts in 2023. The company, which competes with the likes of Alteryx, on Thursday said it had raised $18.5 million in a Series A round led by Dell Technologies Capital. Unlike some other low-code/no-code tools, Savant’s focus is squarely on business analysts. Analysts, its CEO and founder…

Data analytics startup Athenic AI wants to be an enterprise’s central nervous system

January 30, 2025

Jared Zhao originally got interested in data analytics during his time at UC Berkeley because he was drawn to how it could turn raw data into a story. Zhao founded his first data analytics startup Polyture in 2021. But advancements in generative AI just a year later made Zhao realize what Polyture was building was…

SuperOps bags $25M to use AI to better help managed service providers

January 30, 2025

SuperOps has raised $25 million in an all-equity Series C round led by March Capital to bolster AI integration into tools supporting managed service providers and IT teams. © 2024 TechCrunch. All rights reserved. For personal use only.

Microsoft brings a DeepSeek model to its cloud

January 29, 2025

Microsoft’s close partner and collaborator, OpenAI, might be suggesting that DeepSeek stole its IP and violated its terms of service. But Microsoft still wants DeepSeek’s shiny new models on its cloud platform. Microsoft today announced that R1, DeepSeek’s so-called reasoning model, is available on Azure AI Foundry service, Microsoft’s platform that brings together a number…

Finout raises $40M Series C for its cloud cost management service

January 29, 2025

Even just a few years ago, FinOps — a collection of best practices to manage the costs of cloud computing — wasn’t something that was top of mind for a lot of businesses. Since then, though, businesses have started tightening their purses. Today, FinOps is pretty much a standard discipline, and there are dozens of…

Meteomatics eyes U.S. expansion for its enterprise-focused weather forecasting tools

January 29, 2025

Martin Fengler knows a lot about the weather. Fengler got his Ph.D. in mathematics, focused on numerical weather prediction, before working for Meteomedia AG, a network of weather stations in Switzerland and Germany. But while he knew a lot about weather forecasting from the prediction side, he realized the gaps that remained on the consumption…

Jetify launches Testpilot, its AI QA engineer

January 28, 2025

Jetify, the company formerly known as Jetpack.io, is launching its first AI agent product Tuesday. Dubbed Testpilot, the company’s first AI agent is meant to make the majority of the routine test creation process a matter of simply letting Jetify create a test plan, execute it, and report back, all while the agent directly interacts…

Atomicwork gets backing from Khosla for its AI alternative to old-school IT software like ServiceNow

January 28, 2025

Atomicwork has raised $25 million in a Series A round co-led by Khosla Ventures and Z47 to expand its AI agentic platform for enterprises. © 2024 TechCrunch. All rights reserved. For personal use only.

Nvidia drops $600B off its market cap amid the rise of DeepSeek

January 27, 2025

DeepSeek, a Chinese AI startup, became the talk of the proverbial AI town when it released its R1 model on Friday. R1’s functionality and accuracy compared to its U.S. counterparts, despite using fewer resources and less compute power, seems like a win for the overall AI industry. But it isn’t necessarily good news for everyone.…

The EU wants to talk to US tech companies ahead of Germany’s upcoming election

January 24, 2025

The European Union will give tech and social media companies a “stress test” to see how they handle misinformation ahead of Germany’s election next month. European Commission officials have invited tech companies, including: X, Meta, Snap, TikTok, Google, Microsoft, and LinkedIn, to a meeting on January 31, according to multiple news outlets. During this meeting,…

JetBrains launches Junie, a new AI coding agent for its IDEs

January 23, 2025

JetBrains, the company behind coding tools like the IntelliJ IDE for Java and Kotlin (and, indeed, the Kotlin language itself), on Thursday launched Junie, a new AI coding agent. This agent, the company says, will be able to handle routine development tasks for when you want to create new applications — and understand the context…

Trump’s not happy with how EU regulators have treated US tech giants

January 23, 2025

President Donald Trump isn’t happy with how European Union regulators have treated U.S.-based tech companies including: Google, Meta, and Apple. On stage at the World Economic Forum in Davos, Trump put EU regulators on blast. He said that the EU’s cases against these U.S. tech companies are “a form of taxation,” according to Bloomberg reporting.…

Passbolt raises $8M for its open source password manager for teams

January 23, 2025

Password managers have become commonplace at this point. But businesses often have different needs than consumers. Teams, after all, often have to share credentials to access resources, all while IT and security teams need ways to control who has access to them. Passbolt, which is announcing an $8 million seed round Thursday, aims to become…

Coval evaluates AI voice and chat agents like self-driving cars

January 23, 2025

What do AI voice agents and self-driving cars have in common? Their performance can be evaluated in the same way, argues Brooke Hopkins, a former tech lead at Waymo. Coval, Hopkins’ new startup, looks to do just that. “When I left Waymo, I realized a lot of these problems that we had at Waymo were…

Tive’s tools help companies track the status of their shipments in real time

January 23, 2025

The global supply chain is under strain, and one of the reasons is a lack of visibility into how shipments are being transported around the world. According to one recent survey, nearly half of the organizations polled reported having little-to-no visibility into their upstream supply chains. In search of a remedy, Krenar Komoni, who’d for…

Everstone acquires bootstrapped Indian startup Wingify for $200M

January 23, 2025

Private equity firm Everstone has reached a deal to acquire a majority stake in Wingify, one of India’s earliest bootstrapped software-as-a-service success stories, for about $200 million, three sources familiar with the matter told TechCrunch. The deal, finalized this week, marks a significant exit for Wingify’s founder Paras Chopra, who built the SaaS startup without…

Zombie nuclear reactors could be revived thanks to AI data center demand

January 22, 2025

Hoping to capitalize on the data center power boom, state-owned utility Santee Cooper is looking for partners to finish construction on two incomplete reactors. © 2024 TechCrunch. All rights reserved. For personal use only.

Databricks closes $15.3B financing at $62B valuation, Meta joins as ‘strategic investor’

January 22, 2025

Data analytics platform Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation. The San Francisco-based company also added a further $5.25 billion in debt financing, funded by JPMorgan Chase, Barclays, Citi, Goldman Sachs, Morgan Stanley, among other “leading financial institutions and alternative…

Postman launches an AI agent builder on top of its API platform

January 22, 2025

Since it was founded in 2014, India-based Postman has made a name for itself as one of the most popular platforms for building and using APIs, with 500,000 organizations now using the service. Like with so many other SaaS services, though, its valuation today is reportedly down from its $5.6 billion high in 2021. But…

Sales knowledge automation platform 1up gets a third of its customer leads from memes

January 22, 2025

When George Avetisov was the founder and CEO of cybersecurity startup HYPR, he spent a lot of time in the trenches with the company’s sales team. He quickly realized that regardless of how good his sales team was, they were consistently pulling in other departments to answer customer questions or fill out technical questionnaires. “They…

Doti gives enterprises a flexible AI-powered search experience to unlock their data silos

January 22, 2025

As enterprises look at how they can best leverage AI to increase their employees’ productivity, search is an obvious use case. In most companies, after all, data lives in multiple disconnected silos and the combination of large language models, retrieval augmented generation (RAG) and enterprise-grade integration services now makes it easier than ever to not…

Google hit with $12.6M fine in Indonesia for monopolistic practices in payment system

January 22, 2025

Indonesia’s antitrust agency KPPU fined Google 202.5 billion Rupiahs, equivalent to $12.6 million, on Wednesday for antitrust violation related to its payment system services for the Google Play Store. The KPPU ordered the search giant to cease the mandatory use of Google Play Billing in the Google Play Store. It also asked Google to let…

Vertice raises $50M for its AI-powered SaaS spend platform

January 22, 2025

London startup Vertice has made a name for itself over the years in the very crowded world of expense management with a focus on applying AI to optimize a single area where businesses, collectively, are currently sinking hundreds of billions of dollars in IT budgets that are exceeding $5 trillion annually: software and cloud spend.…

Microsoft is no longer OpenAI’s exclusive cloud provider

January 21, 2025

Microsoft was once the exclusive provider of data center infrastructure for OpenAI to train and run its AI models. No longer. As part of Stargate, OpenAI’s massive new AI infrastructure deal with SoftBank, Oracle, and others, Microsoft says it has signed a new agreement with OpenAI that gives it “right of first refusal” on new…

Amperesand targets data centers as the next big customer for its solid-state transformers

January 21, 2025

HPE investigating security breach after hacker claims theft of sensitive data

January 21, 2025

Here are the types of AI companies enterprise VCs want to back in 2025

January 20, 2025

The AI startup market is sprawling, from companies looking to develop new chips, to those using AI to build robots, to others looking to use AI to create niche solutions for industry-specific workflows. There are a lot of potential areas for venture capitalists to invest in, but there are clearly a few subsectors they are…

FTC says partnerships like Microsoft-OpenAI raise antitrust concerns

January 18, 2025

The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies and generative AI developers — specifically, Microsoft’s backing of OpenAI and Amazon and Alphabet/Google’s partnerships with Anthropic. “The FTC’s report sheds light on how partnerships by big tech firms can create lock-in,…

Perplexity acquires Read.cv, a social media platform for professionals

January 17, 2025

Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations Friday. Users will be able to export their data, including their profiles, posts, and messages, until May 16. “We’ve long admired Perplexity and believe…

Amazon bought more renewable power last year than any other company

January 17, 2025

Instabase raises $100M to help companies process unstructured document data

January 17, 2025

Instabase, a company that creates software for extracting processing unstructured data from myriad document types, has raised $100 million in a Series D round of funding. The announcement comes as companies struggle under a deluge of data — data that can unlock key business insights. Indeed, most of the data that companies generate is “unstructured,”…

Nord Security founders launch Nexos.ai to help enterprises take AI projects from pilot to production

January 17, 2025

A new AI orchestration startup from the founders of Lithuanian unicorn Nord Security is setting out to help enterprises put their AI projects into production, with an initial focus on bringing greater visibility, security and adaptability to large language models (LLMs). Nexos.ai, as the startup is called, is the handiwork of Tomas Okmanas (pictured above)…

Nvidia releases more tools and guardrails to nudge enterprises to adopt AI agents

January 16, 2025

Nvidia is releasing three new NIM microservices, or small independent services that are part of larger applications, to help enterprises bring additional control and safety measures to their AI agents. One of these new NIM services targets content safety and works to prevent an AI agent from generating harmful or biased outputs. Another works to…

Hindenburg Research, a short seller that targeted tech and EV companies, is closing up shop

January 15, 2025

When Hindenburg Research posts a blog on its website, it often means a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday he has shut down short-selling firm Hindenburg Research, after a seven-year run issuing damning reports about high-profile companies, including many of the technology world’s giants and buzzy…

Meta adds 200 megawatts of solar to its 12 gigawatt renewable portfolio

January 15, 2025

Google raises the price of Workspace plans, includes its AI features for free

January 15, 2025

Google announced on Wednesday that all AI features in Gmail, Docs, Sheets, and Meet are now available to Workspace customers at no extra charge, though the plan will see a $2 per month increase per user. This change simplifies access to Workplace AI tools, including email summaries, automated note-taking, chatting with the Gemini bot, and…

Rockfish is helping enterprises leverage synthetic data

January 15, 2025

For years, Vyas Sekar would call up Muckai Girish, an old friend from undergrad, to talk through potential startup ideas and get Girish’s opinion. The two usually talked through an idea and ended the conversation at that. When Sekar called Girish with an idea involving synthetic data in early 2022, the conversation didn’t just end…

Microsoft’s newest Copilot plan for business is pay-as-you-go

January 15, 2025

Microsoft is launching a pay-as-you-go plan for corporate customers that bundles together several, but not all, of the company’s existing AI-powered productivity features for Microsoft 365. The new plan, Copilot Chat — not to be confused with Microsoft’s Copilot Business Chat or GitHub Copilot Chat — is underpinned by OpenAI’s GPT-4o AI model and lets…

LinkedIn adds free AI tools for job hunters and recruiters

January 15, 2025

If you’ve ever applied or thought of applying for a job via LinkedIn, you’ll know that the experience can be immediately disheartening: Openings that look interesting typically can see hundreds or thousands of applications in a matter of hours — data that LinkedIn, a social network for the world of work, proudly exposes in its…

Synthesia snaps up $180M at a $2.1B valuation for its B2B AI video platform

January 15, 2025

As the world continues to work through how to handle the explosion of deepfake content online, it seems that not all AI-created videos are stirring controversy. Synthesia, a London startup building products around highly realistic AI avatar technology, says it’s a big hit with enterprises, with some 60,000 of them — 1 million users —…

Intel spins off its corporate venture arm, Intel Capital, into a standalone fund

January 14, 2025

Intel says that it plans to spin off its corporate venture arm, Intel Capital, into a standalone fund, with Intel as an “anchor investor.” In a press release on Tuesday, Intel said that the move will “[enable] greater autonomy” and “the flexibility to attract external capital.” Intel expects Intel Capital to begin operating independently in…

Biden administration opens up federal land to AI data centers

January 14, 2025

With less than a week left in office, President Joe Biden is not done leaving his mark on the AI industry. President Biden issued an executive order on Tuesday that will allow private sector AI companies to lease federal sites owned by the Department of Defense and Department of Energy in order to build AI…

Apple joins consortium to help develop next-gen AI data center tech

January 14, 2025

Apple has joined a consortium creating next-gen technology to link together chips in AI data centers. The consortium, the Ultra Accelerator Link Consortium, is developing a standard called UALink, which connects the AI accelerator chips found within a growing number of server farms. As of Tuesday, Apple is a member of the consortium’s board, along…

With $30 million in new funding, SEEQC thinks chips are key to building useful quantum computing

January 14, 2025

Nvidia CEO Jensen Huang may have said that “very useful quantum computers” are probably still 20 years away, but his company is also hedging its bets beyond classical chips with investments and partnerships in that very space. Now one of the companies that Nvidia partners with in quantum development is announcing funding. SEEQC, a quantum…

Thoras helps companies reach reliability without overspending on cloud costs

January 14, 2025

For years, twin sisters Nilo Rahmani and Jen Rahmani swapped stories — and commiserated — over the pain points they were facing in their respective engineering jobs. Nilo told TechCrunch that a frequent topic of conversation was about frustrations over the reliability platforms they were using at work. When they noticed the reliability landscape starting…

AWS pledges to spend $5B in Mexico, launches new Mexico server region

January 14, 2025

In an announcement Tuesday, Amazon Web Services (AWS), Amazon’s cloud computing division, said it plans to invest $5 billion in Mexico over the next 15 years as a part of a “long-term commitment” in the region. A portion of that investment is a new server region in Mexico launching today, AWS Mexico, that will allow…

Microsoft forms new internal dev-focused AI org

January 13, 2025

Microsoft has created a new engineering org aimed at accelerating AI infrastructure and software development within the company. According to Bloomberg, Jay Parikh, previously VP and global head of engineering at Meta, will lead the new division. He’ll report to Microsoft CEO Satya Nadella, and oversee groups including the company’s AI platform and developer teams.…

Clearwater agrees to buy investment management platform Enfusion for $1.5B

January 13, 2025

Clearwater Analytics, a company developing accounting, compliance, and risk reporting tools for asset managers, said on Monday it has entered into a definitive agreement to acquire investment management platform Enfusion for $1.5 billion. Clearwater, which says it has obtained an $800 million loan to fund the transaction, along with a $200 million revolving line of…

Open source licenses: Everything you need to know

January 12, 2025

Open source makes the technology world go ’round, forming as much as 90% of the modern software stack via frameworks; libraries; databases; operating systems; and countless standalone applications. The benefits of open source software are well understood, promising greater control and transparency. However, there’s a perennial struggle between the open source and proprietary realms, leading…

Matt Mullenweg deactivates WordPress accounts of contributors planning a fork

January 11, 2025

Automattic CEO and WordPress co-creator Matt Mullenweg has deactivated the accounts of several WordPress.org community members, some of whom have been spearheading a push to create a new fork of the open source WordPress project. While community criticism of WordPress’s governance isn’t new, the latest brouhaha kicked off back in September when Mullenweg publicly chastised WP…

VCs say AI companies need proprietary data to stand out from the pack

January 10, 2025

AI companies across the globe raised more than $100 billion in venture capital dollars in 2024, according to Crunchbase data, an increase of more than 80% compared to 2023. It encompasses nearly a third of the total VC dollars invested in 2024. That’s a lot of money funneling into a lot of AI companies. The…

EU approves $35B Synopsys and Ansys merger, subject to divestment conditions

January 10, 2025

The European Commission (EC) has given the greenlight for Synopsys to acquire Ansys, though the companies must divest some half-a-dozen products as part of the proposed remedies. Chip design software maker Synopsys revealed last January its plans to acquire Ansys, a simulation software developer that helps engineers model and analyze the physical behavior of products, such as chips,…

Overhaul raises another $55M to help companies like Dyson and Microsoft fight supply chain theft

January 10, 2025

Businesses dependent on the physical supply chain — the network of facilities and transportation systems used to move materials from one location to another — chain face a number of challenges, from staff shortages to increasing customer expectations. The pressures aren’t easing up. According to a survey from Prologis, a real estate investment trust, two-thirds…

Gumloop, founded in a bedroom in Vancouver, lets users automate tasks with drag-and-drop modules

January 10, 2025

Developers Max Brodeur-Urbas and Rahul Behal think that AI has the potential to automate lots of business-relevant tasks, but that many of the AI-powered automation tools on the market today are unreliable and costly. Part of the problem is that users expect too much of AI, Brodeur-Urbas told TechCrunch — for instance, they assume that…

Digital Wallets: From Consumer Convenience to Corporate Security

January 10, 2025

From storing state IDs, driver’s licenses and passports to managing payment information, digital wallets have revolutionized the way we handle personal credentials. The post Digital Wallets: From Consumer Convenience to Corporate Security appeared first on Security Boulevard.

Google folds more teams into DeepMind to ‘accelerate the research to developer pipeline’

January 9, 2025

As it looks to accelerate the pace of its AI development, Google is further streamlining the teams building its AI services, platforms, and tools. On Thursday, Logan Kilpatrick, who leads product for Google’s AI Studio developer platform, said in a post on X that Google’s AI Studio team and the team developing the API for…

AWS says it’ll invest ‘at least’ $11B to expand data center infrastructure in Georgia

January 7, 2025

On Tuesday, Amazon Web Services (AWS), Amazon’s cloud computing division, said that it plans to invest “at least” $11 billion in Georgia to expand its infrastructure to support various cloud computing and AI technologies. AWS estimates that its investment will create roughly 550 jobs in the state. “AWS is proud to expand our operations in…

Nuclear startup Deep Fission plans to bury micro-reactors to power data centers

January 7, 2025

HR software startup OnPay was inspired by the founder’s family payroll business

January 7, 2025

In 2007, Jesse Burgess joined his family’s payroll business. He quickly noticed that the business’ six payroll clerks were getting bogged down by repetitive, monotonous tasks — and so he sought to streamline those tasks by creating workflow automation tools. Several years later, Burgess sensed an opportunity to bring the tools he developed for his…

Nvidia releases its own brand of world models

January 6, 2025

Nvidia is getting into world models — AI models that take inspiration from the mental models of the world that humans develop naturally. At the Consumer Electronics Show in Las Vegas, the company announced that it is making openly available a family of world models that can predict and generate “physics-aware” videos. Nvidia’s calling this family…

Qualcomm brings its Snapdragon X chips to mid-range Windows laptops and desktops

January 6, 2025

Qualcomm is making a move for the mid-range PC market with a new system-on-chip. At the Consumer Electronics Show in Las Vegas, Qualcomm unveiled Snapdragon X, the latest chip in its Snapdragon X Series of PC processors. The company claims that the chip, built on a 4nm fabrication process, delivers up to “multi-day” battery life…

Intel shows off its latest chip lineup at CES 2025

January 6, 2025

Fresh off of its worst year since going public in 1971, Intel is announcing new chips at CES 2025 that it hopes will turn its fortunes around. The product announcement is Intel’s largest since the company’s board of directors forced out CEO Pat Gelsinger. That’s not the only reason stakes are high. Intel’s 13th- and…

IT tech services firm WWT acquires Canadian IT provider Softchoice in all-cash deal

December 31, 2024

One last mega-deal closed out an eventful 2024. On Tuesday, World Wide Technology (WWT), a tech services company based in St. Louis, announced it has agreed to acquire Canadian IT provider Softchoice in a deal that values the latter at C$1.8 billion (~$1.25 billion). The deal, which is all-cash, was unanimously approved by Softchoice’s board,…

From AI agents to enterprise budgets, 20 VCs share their predictions on enterprise tech in 2025

December 30, 2024

While AI is lauded by some as the biggest technological breakthrough since the industrial revolution, enterprises — arguably the tech’s biggest potential customer base — have been slow to adopt AI. While some investors predicted that 2024 would be the year we’d start to see more AI adoption by enterprises, that didn’t play out as…

UK antitrust watchdog launches review of IBM’s HashiCorp takeover

December 30, 2024

The Competition and Markets Authority, the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition. The CMA said Monday it was inviting comment on the merger from interested parties by January 16. The regulator set a provisional February 25 deadline to decide whether to…

Permira’s Brian Ruder talks AI, Squarespace acquisition, and the value of co-leadership

December 29, 2024

It has been a busy year in the private equity realm, with countless big-money acquisitions unfolding. The take-private space specifically has seen some sizable transactions, with private equity firms spearheading more than a dozen billion-dollar deals for public tech companies. London-headquartered Permira was a key protagonist, joining Blackstone to acquire European online classifieds group Adevinta…

Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions

December 25, 2024

Updated December 25, 12:21 p.m. Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round. The company announced this week that Andreessen Horowitz , Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy Capital, Nvidia,…

Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions

December 23, 2024

xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing (97 participated, but the document doesn’t reveal their identities). xAI later announced (confirming some earlier reporting) that Andreessen Horowitz , Blackrock, Fidelity, Kingdom Holdings,…

Coralogix acquires AI observability platform Aporia

December 23, 2024

Coralogix, the well-funded observability platform, on Monday announced that it has acquired Aporia, a startup that focuses on giving businesses tools to observe and secure their AI workloads, as well as set guardrails for them to avoid hallucinations or unintended disclosures. As part of this acquisition, Coralogix will launch a dedicated AI research center, Coralogix…

British university spinoff Mindgard protects companies from AI threats

December 20, 2024

AI creates a dilemma for companies: Don’t implement it yet, and you might miss out on productivity gains and other potential benefits; but do it wrong, and you might expose your business and clients to unmitigated risks. This is where a new wave of “security for AI” startups come in, with the premise that these…

Boon raises $20.5M to build agentic AI tools for fleets

December 19, 2024

Logistics is the name of the game during the holiday season: Companies that can seal the deal and get people and things to the places they need to be, on time, rake it in this time of year. But behind that demand lies a huge amount of inefficiency and fragmentation. Are logistics businesses ready for…

A bad experience with an accounting firm spurred this founder to start Aiwyn

December 19, 2024

Accounting firms are struggling to adopt high-tech solutions. That’s according to a survey earlier this year from Rightsworks, which found that, while 88% of firms believe tech has had a positive impact on their efficiency, 60% are suffering from disconnected systems, inconsistent processes, and a lack of standardized workflows. Startups like Aiwyn are trying to…

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