SoundHound, an AI company that makes voice interface tech used by car companies, restaurants and tech firms, is doubling down on enterprise services by playing consolidator in a crowded market. The company said on Thursday that it is acquiring Amelia AI, which makes an AI agent that businesses can customize for internal or customer use. […]
SoundHound acquires Amelia AI for $80M after it raised $189M+ Read More »
Rumors first surfaced last month that Google was going after cloud security startup Wiz and a $23 billion offer was on the table, the most lucrative offer ever made for a startup. Before the deal eventually died, there would have been a lot of moving parts, and it’s fair to ask: What are the mechanics
When a big company comes after a hot startup, it’s not a slam dunk decision to sell Read More »
Sri Lanka isn’t renowned for its startup ecosystem, but one company has been something of an outlier in the South Asian island nation these past two decades. An open source enterprise software provider with customers such as Samsung, Axa, and AT&T, WSO2 recently agreed to be acquired by private equity giant EQT, at a valuation
Meet the founder who built and sold a $600M enterprise software startup from Sri Lanka Read More »
Intel announced it would layoff more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday. The massive headcount is part of a large plan to reduce spending by $10 billion in 2025, following a dismal second quarter earnings report and outlook. “Our revenues have not grown as expected –
Intel to lay off 15,000 employees Read More »
Microsoft has a long and tangled history with OpenAI, having invested a reported $13 billion in the ChatGPT maker as part of a long term partnership. As part of the deal, Microsoft runs OpenAI’s models across its enterprise and consumer products, and is OpenAI’s exclusive cloud provider. However, the tech giant called the startup a
Microsoft now lists OpenAI as a competitor in AI and search Read More »
Google is hosting a version of its Cloud Next conference in Tokyo this week, and it’s putting the focus squarely on tweaking its databases for AI workloads (because at this point in 2024, AI is the only thing these major tech companies want to talk about). These include updates to its Spanner SQL database, which
Google Cloud expands its database portfolio with new AI capabilities Read More »
The European Commission (EC) has given the go-ahead to HPE’s planned megabucks acquisition of Juniper Networks, concluding that the proposed transaction “would raise no competition concerns in the European Economic Area.” The news comes a little more than a month after HPE notified the EC of the planned transaction. HPE first announced its intentions to dole out
EU greenlights HPE’s $14B Juniper Networks acquisition Read More »
Lightrun, a Tel Aviv-based startup that helps developers debug their production code from within their IDE, on Wednesday announced the launch of its first AI-based tool: the Runtime Autonomous AI Debugger. The new tool, which is currently in private beta, aims to help developers fix issues with their production code within minutes instead of hours.
Lightrun launches its AI debugger to help developers fix their production code Read More »
Airtable today announced that it has acquired Dopt, a startup focused on helping other startups build product onboarding experiences for new users. Earlier this year, Dopt introduced a number of features that helped users add AI-based assistance tools to their respective services — those are the main reason Airtable is now acquiring the company. The
Airtable acquihires onboarding startup Dopt for AI talent Read More »
ClickHouse, the open source real-time analytics database startup that was spun out of Yandex in 2021, on Tuesday announced that it has acquired PeerDB, a company that focuses on cost-effective Postgres replication and change data capture. Since its launch, and even before, during its time as a Yandex-backed open-source project, ClickHouse has made a name
Real-time database startup ClickHouse acquires PeerDB to expand its Postgres support Read More »
