Sometimes, a pivot ends up being the smartest decision company leaders can make. See Netflix’s pivot from DVDs to streaming, or Corning’s pivot from lightbulbs to touchscreens. The list of extremely successful startup pivots goes on. And on. And on. A less-prominent (but by no means failed) pivot is Numa’s. Its co-founders killed the startup’s […]
Numa raises $32M to bring AI and automation to car dealerships Read More »
An alternative to the neural network architectures at the heart of AI models like OpenAI’s o1 is having a moment. Called symbolic AI, it uses rules pertaining to particular tasks, like rewriting lines of text, to solve larger problems. Symbolic AI can deftly tackle some problems that neural networks struggle with. And recent research has shown
Augmented Intelligence claims its symbolic AI can make chatbots more useful Read More »
The HVAC industry is going through a transformation. The old guard of tradespeople are on the cusp of retiring while private equity firms are consolidating the industry. Airship is building a software solution for HVAC’s next chapter. Airship is building a point-of-sale software for HVAC contractors to give them the knowledge they need, on things
Airship wants to build better sales tools for HVAC contractors Read More »
Licensing kerfuffles have long been a defining facet of the commercial open source space. Some of the biggest vendors have switched to a more restrictive “copyleft” license, as Grafana and Element have done, or gone full proprietary, as HashiCorp did last year with Terraform. But one $8 billion company has gone the other way. Elastic,
Elastic founder on why they returned to open source 4 years after going proprietary Read More »
Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has laid off 9% of its workforce, amounting to 40 people. Founded in 2020, Drata integrates with dozens of clouds, SaaS apps, developer tools, security systems, and more, helping businesses collate the necessary evidence to prove that their data privacy and security
Security compliance unicorn Drata lays off 9% of its workforce Read More »
Benjamin Franklin once wrote that nothing is certain except death and taxes. Let me amend that phrase to reflect the current AI goldrush: Nothing is certain except death, taxes, and new AI models, with the last of those three arriving at an ever-accelerating pace. Earlier this week, Google released upgraded Gemini models, and, earlier in
Meta’s Llama AI models get multimodal Read More »
Google has filed a complaint with the European Commission (EC), alleging that Microsoft uses anti-competitive licensing practices to strongarm companies into staying on its Azure cloud infrastructure. The complaint relates to a 2019 licensing change which made it more expensive to run Windows Server software on rival clouds. That change prompted European not-for-profit trade association, Cloud Infrastructure
Supabase, the open source developer platform and Postgres database service that started out as an alternative to Google’s Firebase, on Wednesday announced that it has raised an $80 million Series C round led by Peak XV and Craft Ventures. With this, Supabase has now raised a total of $196 million, including a Series B round
Supabase, a Postgres-centric developer platform, raises $80M Series C Read More »
The brouhaha in the WordPress community looks likely to escalate into a legal battle around trademarks. Just a day after WordPress hosting service WP Engine sent a cease-and-desist notice to Automattic asking its CEO to stop publicly trashing WP Engine, now Automattic has sent its own cease-and-desist letter to WP Engine, saying the latter has
It must be acquisition season. Commvault, a publicly traded data protection and data management software company, today announced that it intends to acquire data backup and recovery provider Clumio for an undisclosed amount. The deal is expected to close in early October. Commvault says it’s not material to its earnings and that it’ll be funded
Commvault acquires data backup provider Clumio Read More »
