Japanese conglomerate SoftBank has agreed to make a $2 billion investment in Intel in a deal described as a commitment to advanced technology and semiconductors in the United States. The agreement, in which SoftBank will buy Intel common stock, was announced Monday after markets closed. SoftBank will pay $23 per share of Intel common stock. […]
SoftBank makes $2B investment in Intel Read More »
GitHub CEO Thomas Dohmke announced on Monday that he’s stepping down from his role. Dohmke will remain at the Microsoft-owned company until the end of the year, after which he will depart to become “a founder again,” he wrote in a blog post. Axios reports that Microsoft will not directly replace the position, and that
GitHub CEO to step down Read More »
Upwork, a platform that connects companies with freelancers, announced two acquisitions to help build out a new stand-alone enterprise-focused business that could expand its market reach. The San Francisco-based company announced it has acquired Bubty, a workforce management platform, and has signed a definitive agreement to acquire Ascen, a global compliance and EOR (employer of
Upwork is buying its way into corporate staffing beyond freelancers Read More »
AI agent tools promise to siphon out some of the drudgery from daily workflows, but most organizations are hesitant to adopt them yet, harboring a pressing concern: data security. Large enterprises with trade secrets, companies in highly regulated industries, and government agencies have thought more than twice about bringing in AI tools out of concern
Cohere’s new AI agent platform, North, promises to keep enterprise data secure Read More »
Sam Altman’s blow torch to his competitors is so hot, it even includes a new partnership with Amazon Web Services. As OpenAI announced two open-weight reasoning models with capabilities on par with its o-series, Amazon announced that the new models would soon be available as a service on AWS. For the first time, OpenAI models
For the first time, OpenAI models are available on AWS Read More »
The semiconductor industry’s rollercoaster year continues with another major development. President Donald Trump said on CNBC’s Squawk Box on Tuesday that his administration is planning to announce tariffs on semiconductors and chips as soon as next week. However, the specifics of these tariffs remains unclear. Such tariffs could cause quite a disruption for U.S. hardware
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SAP announced Friday that it has reached an agreement to acquire recruiting software company SmartRecruiters. In a press release, the European software giant said that SmartRecruiters “powerful, user-friendly interfaces and seamless workflows” will complement SAP’s existing HR tools. Muhammad Alam, the SAP executive board member who leads product and engineering, said in a statement that
SAP is acquiring SmartRecruiters | TechCrunch Read More »
AI research lab Anthropic’s AI models are now the top choice for enterprises, surpassing OpenAI. Anthropic now holds 32% of the enterprise large language model market share by usage, according to a report from Menlo Ventures released on Thursday. OpenAI holds the second-largest market share by usage among enterprises, with 25%. The figure marks a
Enterprises prefer Anthropic’s AI models over anyone else’s, including OpenAI Read More »
Cybersecurity giant Palo Alto Networks announced on Wednesday its intent to acquire identity management and security company CyberArk for $25 billion. The deal, a mix of cash and stock, marks Palo Alto’s entrance into the identity security space, according to a company press release. Palo Alto has been on a shopping spree since Nikesh Arora
Palo Alto Networks agrees to buy CyberArk for $25 billion Read More »
Not everyone is happy that the Trump administration gave Nvidia the green light to start selling its H20 advanced AI chips in China again. A group of 20 national security experts and former government officials wrote a letter to the U.S. Department of Commerce Secretary Howard Lutnick on Monday urging the Trump administration to reverse
