News and updates about major technology companies and startups.
ServiceNow has invested $40 million in BusinessNext, an Indian banking software specialist, to expand its AI-powered financial services offerings globally.
Monday.com is cutting 20% of its workforce, about 630 employees, to streamline operations and focus on its AI Work Platform.
HP Inc. scales its strategic partnership with OpenAI, deploying AI across customer experiences, software development, and enterprise operations.
Google's cloud division is thriving as enterprises adopt its AI infrastructure, driving record profits and justifying heavy AI investments.
IBM's stock took a hit after a weak mainframe sales quarter, but the CEO attributes the dip to AI investments temporarily diverting corporate hardware budgets.
SoundCloud has acquired Nina Protocol, a decentralized music platform that shut down months ago, bringing its artists and discovery tools to the mainstream service.
Tesla's 26% revenue increase fails to offset rising costs as production timelines for key products slip.
German startup Passionfroot raises $15 million to expand its B2B creator marketplace into the US market.
Cascade, a startup backed by A16z Speedrun, Ada Ventures, and Snowball VC, has raised $3.5 million in seed funding to help construction companies discover and secure new projects more efficiently.
Dimension Capital's new $800 million fund, 60% larger than its previous one, underscores the booming intersection of scientific research and computing power.