Enterprise

UK probes HPE’s planned $14B Juniper Networks acquisition

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The U.K.’s Competition and Markets Authority (CMA) has initiated a formal “phase 1” investigation into Hewlett Packard Enterprise’s (HPE) planned acquisition of Juniper Networks. HPE announced plans to acquire Juniper Networks back in January, a deal designed to unify their respective strengths in the networking and IT infrastructure realm, spanning servers, storage, consulting, routing, switching, […]

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Tinybird raises another $30 million to transform data into real-time APIs

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Tinybird is not so tiny anymore. The enterprise data startup TechCrunch first covered three years ago has been growing at a rapid pace and recently raised a $30 million Series B funding round. According to a source, the company is now valued at $240 million. Originally from Madrid and now also based in New York,

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Amazon says it’ll spend $230 million on generative AI startups

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Amazon says that it will commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon’s second AWS Generative AI Accelerator program, aims to position AWS as an attractive cloud infrastructure choice for startups developing generative AI models to power their products, apps and services.

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Databricks launches LakeFlow to help its customers build their data pipelines

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Since its launch in 2013, Databricks has relied on its ecosystem of partners, such as Fievtran, Rudderstack, and dbt, to provide tools for data preparation and loading. But now, at its annual Data + AI Summit, the company announced LakeFlow, its own data engineering solution that can handle data ingestion, transformation and orchestration and eliminates

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Restate raises $7M for its lightweight workflows-as-code platform

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When one of the co-creators of the popular open-source stream-processing framework Apache Flink launches a new startup, it’s worth paying attention. Stephan Ewen was among the founding team of the open source project back in 2010 and then later became the CTO of Data Artisans, which aimed to monetize Flink. Alibaba then acquired the company

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Cognigy lands cash to grow its contact center automation business

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Philipp Heltewig, who was CIO at marketing firm Sitecore before it was sold to private equity group EQT in 2016, joined forces with Sascha Poggemann and Benjamin Mayr eight years ago to found Cognigy, a customer service automation startup. The impetus was what they perceived as confusion about AI’s capabilities among both consumers and C-suite

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Sources: Wasoko-MaxAB e-commerce merger faces delays amid headwinds in Africa

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Last December, Nairobi’s Wasoko and Cairo-based rival MaxAB — two B2B e-commerce startups that enable retailers to order fast-moving consumer goods (FMCG) from suppliers via their respective apps — announced a planned “merger of equals.” The aim was clear: create better economies of scale in a sector that holds a lot of promise in the

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