Enterprise

Legion’s founder aims to close the gap between what employers and workers need

Enterprise /

While taking a long road trip across the U.S. years ago, Sanish Mondkar realized that there were stark, problematic disconnects between employers and the staff they employ. To critics of late-stage capitalism, that might sound like an obvious observation. But Mondkar, who has a master’s in computer science from Cornell, says that seeing the issues […]

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Legion’s founder aims to close the gap between what employers and workers need

Enterprise /

While taking a long road trip across the U.S. years ago, Sanish Mondkar realized that there were stark, problematic disconnects between employers and the staff they employ. To critics of late-stage capitalism, that might sound like an obvious observation. But Mondkar, who has a master’s in computer science from Cornell, says that seeing the issues

Legion’s founder aims to close the gap between what employers and workers need Read More »

DocuSign acquires AI-powered contract management firm Lexion

Enterprise /

As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself. On Monday, DocuSign (which now prefers to go by Docusign, with a lowercase “S,” a PR rep from the company tells me) announced that it’s buying Lexion, a contract workflow automation startup, for $165 million. The purchase comes as DocuSign makes increasing investments

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Stack Overflow signs deal with OpenAI to supply data to its models

Enterprise /

OpenAI is collaborating with Stack Overflow, the Q&A forum for software developers, to improve its generative AI models’ performance on programming-related tasks. As a result of the partnership, announced Monday, OpenAI’s models, including models served through its ChatGPT chatbot platform, should get better over time at answering programming-related questions, the two companies say. At the

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Alternative clouds are booming as companies seek cheaper access to GPUs

Enterprise /

The appetite for alternative clouds has never been bigger. Case in point: CoreWeave, the GPU infrastructure provider that began life as a cryptocurrency mining operation, this week raised $1.1 billion in new funding from investors including Coatue, Fidelity and Altimeter Capital. The round brings its valuation to $19 billion post-money, and its total raised to

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Alternative clouds are booming as companies seek cheaper access to GPUs

Enterprise /

The appetite for alternative clouds has never been bigger. Case in point: CoreWeave, the GPU infrastructure provider that began life as a cryptocurrency mining operation, this week raised $1.1 billion in new funding from investors including Coatue, Fidelity and Altimeter Capital. The round brings its valuation to $19 billion post-money, and its total raised to

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Why RAG won’t solve generative AI’s hallucination problem

Enterprise /

Hallucinations — the lies generative AI models tell, basically — are a big problem for businesses looking to integrate the technology into their operations. Because models have no real intelligence and are simply predicting words, images, speech, music and other data according to a private schema, they sometimes get it wrong. Very wrong. In a

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EQT snaps up API and identity management software company WSO2 for more than $600M

Enterprise /

WSO2, a company that provides API management and identity and access management (IAM) services for enterprises, has been acquired by Swedish investment giant EQT. Terms of the deal were not disclosed, but TechCrunch has learned via sources that the deal values WSO2 at “more than” $600 million, with EQT attaining a “significant majority” stake for

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Google lays off staff from Flutter, Dart and Python teams weeks before its developer conference

Enterprise /

Ahead of Google’s annual I/O developer conference in May, the tech giant has laid off staff across key teams like Flutter, Dart, Python and others, according to reports from affected employees shared on social media. Google confirmed the layoffs to TechCrunch, but not the specific teams, roles or how many people were let go. “As

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