Enterprise

AWS is spending $50B build AI infrastructure for the US government

AI /

Amazon Web Services is making a sizable new investment in infrastructure designed to boost AI capabilities for U.S. government organizations. AWS announced Monday it is investing $50 billion to build AI “high-performance computing infrastructure” purposefully built for the U.S. government. The buildout is meant to expand federal government agencies’ access to AWS AI services. The […]

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Coding assistant Cursor raises $2.3bn five months after its previous round

Enterprise /

Developer AI coding tool Cursor continues to gobble up venture capital as its valuation keeps climbing. On Thursday, Cursor announced a $2.3 billion funding round that valued the company at $29.3 billion, as originally reported by the Wall Street Journal. This round more than doubles the company’s previous valuation of $9.9 billion, which it achieved

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Google gets the US government’s green light to acquire Wiz for $32B

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Google’s $32 billion acquisition of cloud security company Wiz took has taken step closer toward the finish line. Wiz CEO Assaf Rappaport said at a Wall Street Journal event on Tuesday, as reported by Reuters, that the acquisition had cleared its antitrust review by the U.S. Department of Justice. Rappaport added that while a milestone,

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Box CEO Aaron Levie on how AI is changing the enterprise SaaS landscape

Enterprise /

Box co-founder and CEO Aaron Levie doesn’t think AI agents will replace enterprise SaaS (software as a service) companies. Instead, he believes that the more likely future is a hybrid combination of SaaS plus agents, he said, speaking on stage at the TechCrunch Disrupt 2025 conference on Wednesday. “Generally, once you have a business process,

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With an Intel recovery underway, all eyes turn to its foundry business

Enterprise /

Intel’s third-quarter earnings beat Wall Street expectations Thursday, results buoyed by a bump in revenue combined with larger cuts, and multiple, sizable investments over the last two months as CEO Lip-Bu Tan looks to turn around the struggling semiconductor giant. Intel’s revenue results and its $4.1 billion in net income provides a far rosier view

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Adobe launches a foundry service that builds custom generative AI models for enteprises

Enterprise /

Creative design giant Adobe is beefing up the products it offers businesses to include custom generative AI models. Adobe launched Adobe AI Foundry on Monday, a new offering that allows enterprises to work with the company to build custom generative AI models trained on their branding and intellectual property. The foundry’s custom models, which can

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Salesforce announces Agentforce 360 as enterprise AI competition heats up

Enterprise /

Salesforce announced Monday the latest version of its AI agent platform as the company looks to lure enterprises to its AI software in an increasingly crowded market. The customer relations manager giant unveiled the new platform, branded Agentforce 360, ahead of its annual Dreamforce customer conference that kicks off October 14. This newer version of

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Intel unveils new processor powered by its 18A semiconductor tech 

AI /

Six months after Lip-Bu Tan’s began his quest to turn around struggling Intel, the semiconductor giant has announced a major hardware upgrade. On Thursday, Intel unveiled a new processor, codenamed Panther Lake. This marks the next generation of the company’s Intel Core Ultra processor family and is the first chip built using Intel’s 18A semiconductor

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How Otter.ai’s CEO is pushing the company to be more than just a meeting scribe

Enterprise /

Otter.ai CEO Sam Liang isn’t satisfied with the company being viewed, and used, as just a meeting notetaker. Liang wants Otter.ai to become a go-to source for enterprises and a new batch of products released Tuesday is the first step in that evolution. The Silicon Valley-based AI meeting assistant startup released Tuesday a new suite of tools

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