Enterprise

Why the ‘spirit’ of open source means much more than a license

Arguments about what is and isn’t “open source” are often resolved by deferring to the Open Source Initiative (OSI): If a piece of software is available under a license rubber stamped as “open source” by the OSI’s formal “definition,” then that software is open source. But waters muddy when you get into the nuts and […]

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Sprinklr cuts 500 employees, citing underwhelming business performance

Sprinklr, a U.S. firm providing a customer experience management platform to global brands, has laid off about 15% of its workforce — around 500 employees — due to business performance not meeting expectations, the company confirmed to TechCrunch. The new layoffs come less than a year after the company cut about 3% of its workforce in

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GitHub Copilot brings mockups to life by generating code from images

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

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

TrueFoundry, a startup run by a group of former Meta engineers to help enterprises deploy AI systems at scale, has raised $19 million in fresh investment led by Intel Capital. With GenAI’s emergence following the launch of ChatGPT in November 2022, enterprises of all sizes have looked at ways they could embrace AI. But GenAI

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

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

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

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

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Amazon continues renewable energy spree with 476 MW purchase

Renewables notched another win as Amazon signed contracts to buy 476 megawatts of wind and solar on the Iberian Peninsula.  The power purchase agreements with multinational utility Iberdrola should help Amazon feed new data centers it has planned in the region. Last May, the company said it would invest $17 billion in infrastructure projects, including

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

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

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