Enterprise

Parasail says its fleet of on-demand GPUs is larger than Oracle’s entire cloud

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Cloud infrastructure is dominated by several large industry players: AWS, Microsoft’s Azure, and Google Cloud. While to some it may look like AI is headed in a similar direction, the founders of Parasail think AI infrastructure will look very different — and are betting their company’s fate on it. Parasail works with dozens of providers to […]

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Temporal lands $146 million at a flat valuation, eyes agentic AI expansion

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Seattle-based Temporal has made its name over the last several years in the world of microservices — specifically providing a platform to orchestrate the messy business of building and operating integrations and updates across disparate services and apps in the cloud. But the AI boom has come at the company fast. Now, Temporal has raised

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Data centers love solar: Here’s a comprehensive guide to deals over 100 megawatts

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The rush to capitalize on the buzz around AI has led tech companies to dramatically expand their data center footprints. That’s been good news for companies like Nvidia, but it has also led to unprecedented growth in the power industry. New and expanded data centers are expected to double the sector’s power demand by 2029,

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Why HoneyBook’s $140M in ARR may finally justify its $2.4B ZIRP-era valuation

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HoneyBook, a startup last valued in late 2021 at $2.4 billion, told TechCrunch that it hit $140 million annualized recurring revenue (ARR). This makes HoneyBook one of the few startups with peak-VC-era valuations to report their financials after the market cooled.  Many startups that raised in 2021 and not since remain under pressure to generate

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Cloud veterans launch ConfigHub to fix ‘configuration hell’

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A trio of cloud industry leaders have launched a new company with the mission of modernizing software configuration data management. Emerging from stealth today with $4 million in funding, ConfigHub is the handiwork of CEO Alexis Richardson, founder of cloud-native container management platform Weaveworks; CTO Brian Grant, former Google software engineer and original lead architect

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Airbyte launches new connectors to help companies better leverage their data

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Open-source data movement company Airbyte is launching additional connectors to help enterprises better utilize their data in the age of AI without compromising data sovereignty. The San Francisco-based startup announced on Thursday that it’s releasing a host of new capabilities designed to enable customers to securely move corporate data without tapping SaaS applications. The new

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Solar notches another win as Microsoft adds 475 MW to power its AI data centers

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Microsoft is adding another 475 megawatts to its already considerable renewable powered portfolio to feed the growing energy appetite of its data centers. The company recently signed a deal with energy provider AES for three solar projects across the Midwest, one each in Illinois, Michigan, and Missouri. The ramp up reflects the immediacy of Microsoft’s

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SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal

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SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure. Ampere will be operate as a wholly-owned subsidiary of SoftBank after the deal, which is expected to

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Google is buying Wiz for $32B to beef up in cloud security, sources say

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Google is making the biggest acquisition in its history. The company’s parent company Alphabet is acquiring Wiz, the cloud security startup, for $32 billion, our sources say. The deal will still need regulatory and other approvals before closing. From what we can see, Google and Wiz have yet to confirm anything official. Other outlets are

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