Cybersecurity company SailPoint is hoping to go public — again. This time, the company plans to sell $1 billion worth of stock and hit an $11.5 billion valuation in its planned IPO. That’s how the math works out for a proposed offering it announced Tuesday of 47.5 million shares, at between $19 to $21. SailPoint’s […]
Okta competitor SailPoint races toward $11.5B IPO Read More »
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
Amazon continues renewable energy spree with 476 MW purchase Read More »
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
Okta lays off 180 employees – nearly one year after last workforce reduction Read More »
Alphabet’s fourth-quarter earnings day is here, with numbers expected to be released after the markets close Tuesday. This will be followed by an earnings call at roughly 4:30 p.m. ET. The stock has been riding high over the past month as investors grew bullish over Google’s AI investment. But has DeepSeek had an impact? Follow
Alphabet earnings live updates: AI, Gemini 2.0, Google Cloud, and more Read More »
On the heels of Chinese AI firm DeepSeek making a huge splash in OpenAI’s American backyard, OpenAI is diving into expanding in Asia, with major commercial deals that will also help it train its AI on more Asian-language content and user behavior — a gateway to doing more business in these markets in the future
OpenAI doubles down on Asia, partners with Kakao after its big deal with SoftBank Read More »
Thanks to the advent of cloud computing and distributed digital infrastructure, the one-person micro-enterprise is far from a novel concept. Cheap on-demand compute, remote collaboration, payment processing APIs, social media, and e-commerce marketplaces have all made it easier to “go it alone” as an entrepreneur. But what about scaling that one-person business into something meatier
AI agents could birth the first one-person unicorn — but at what societal cost? Read More »
Tech companies may be vocal about their love of advanced nuclear power — the flashy trend that’s been sweeping the energy sector — but they continue to add renewable capacity. Meta recently signed a deal with Spanish renewable developer Zelestra for 595 megawatts of solar power in Texas, just two weeks after signing a separate
Meta turns to solar — again — in its data center-building boom Read More »
Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads. The move comes as Intel tries to correct course after a number of disappointing product launches and historic losses, while competitors like AMD and Nvidia gain ground. Intel co-CEO Michelle Johnston Holthaus said during the company’s fourth-quarter earnings call Thursday,
Intel won’t bring its Falcon Shores AI chip to market Read More »
The data center market is booming, driven by AI demand. Just last week, OpenAI said that it plans to team up with backers including SoftBank to spend at least $100 billion on data center infrastructure in the U.S. Microsoft aims to put around $80 billion toward AI infrastructure this year, and rival tech giants have
Data center operator DataBank nets $250M equity investment Read More »
Savant Labs launched its automation platform for data analysts in 2023. The company, which competes with the likes of Alteryx, on Thursday said it had raised $18.5 million in a Series A round led by Dell Technologies Capital. Unlike some other low-code/no-code tools, Savant’s focus is squarely on business analysts. Analysts, its CEO and founder
Savant Labs is an automation platform for business analysts Read More »
