Enterprise

Permira is taking Squarespace private in $6.9 billion deal

Website builder Squarespace is going private in an all-cash deal that values the company on an equity basis at $6.6 billion, or a $6.9 billion enterprise valuation. The acquiring company is U.K.-based private equity firm Permira. Founded in 2004 by CEO Anthony Casalena, Squarespace is best known for its no-code platform designed to help SMEs and

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Google partners with Airtel to offer cloud and genAI products to Indian businesses

Airtel, India’s second-largest telecom operator, said on Monday it has entered into a long-term partnership with Google Cloud to develop and deliver cloud and generative AI products to Indian businesses. The partnership aims to tap Airtel’s extensive customer base, which, according to the company, includes 2,000 large enterprises and a million emerging businesses. The companies

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SAP’s chief sustainability officer isn’t interested in getting your company to do the right thing

SAP chief sustainability officer Sophia Mendelsohn has been on the job since September, but her career really goes back to her undergraduate years at Harvard when she studied sustainability. Ever since her first job working in China, she observed the connection between prosperity and sustainability. “I’ve been in sustainability a minute, before it was cool,”

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CoreWeave, a $19B AI compute provider, opens European HQ in London with plans for 2 UK data centers

CoreWeave isn’t hanging around. Hot on the heels of a mega funding round valuing the GPU cloud company at a reported $19 billion, the New Jersey startup has opened an office in London that will serve as its European headquarters. Additionally, Coreweave said that it will open two data centers in the U.K. this year

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Blackboard founder transforms Zoom add-on designed for teachers into business tool

When Class founder Michael Chasen was in college, he and a buddy came up with the idea for Blackboard, an online classroom organizational tool. His original company was acquired for $1.64 billion in 2011. Chasen later developed Class, a Zoom add-on, during the pandemic to help teachers make better use of Zoom in a classroom

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Always-on video portal lets people in NYC and Dublin interact in real time

A new sculpture going live on Wednesday in the Flatiron South Public Plaza in New York is not your typical artwork. It combines technology, sociology, anthropology and art to let people interact with one another in real time in two places. In this case, it’s between New York City and Dublin. The Portal itself is

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Bedrock Studio is Amazon’s attempt to simplify generative AI app development

Amazon is launching a new tool, Bedrock Studio, designed to let organizations experiment with generative AI models, collaborate on those models, and ultimately build generative AI-powered apps. Available in public preview starting today, the web-based Bedrock Studio — a part of Bedrock, Amazon’s generative AI tooling and hosting platform — provides what Amazon describes in

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Copilot Chat in GitHub’s mobile app is now generally available

GitHub on Tuesday announced that Copilot Chat, its AI chat interface for asking coding-related questions and code generation, is now generally available in its mobile app. The Microsoft-owned developer platform first announced this feature last November. At first glance, a mobile app may not be the most obvious place to use GitHub’s Copilot Chat. That’s

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