As data center usage heats up, Submer raises $55.5M to cool things down
There is a catch to all this competition for better chips and data center capacity to handle AI workloads. Heat—a lot of it—comes with a lot of processing power, which has big effects on how servers work and the environment.
Lacework, last valued at $8.3B, is in talks to sell for just $150M to $200M, say sources
Union proceeds with apace in the realm of safety. Sources let us know that Lacework, a cloud security startup that was valued at $8.3 billion post-cash in its last subsidizing round, is being acquired by one more security player, Wiz, at a cost of just $150 million to $200 million.
Synapse’s collapse has frozen nearly $160M from fintech users — here’s how it happened
The breakdown and chapter 11 of BaaS Fintech Neural Connection have uncovered how slippery things are for the frequently related fintech world when one central member hits inconvenience.
How bad bots are dominating Internet traffic in 2024
Close to half (49.6%) of all web traffic in 2023 was driven by bots – a 2% increment from the earlier year, denoting the most elevated level since network safety firm Imperva started checking in 2013.
Anthropic is expanding to Europe and raising more money
The dynamic landscape of generative AI sees intense competition as companies vie for dominance in this burgeoning field. On the heels of OpenAI’s announcement regarding the latest iteration of its GPT large language model, its formidable rival in the United States,
OpenAI Startup Fund raises additional $5M
The OpenAI Startup Fund, an entity dedicated to investing in early-stage AI companies, has recently undergone a transition in its legal control, shifting from Sam Altman to Ian Hathaway. This transition comes alongside the closing of an additional $5 million in funding, as reported in a filing with the U.S. Securities and Exchange Commission.
Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero for $950M in cash
Uber Technologies has made headlines with its announcement of the acquisition of Delivery Hero’s Foodpanda Taiwan unit for a staggering $950 million in cash. This strategic move is part of Uber Eats’ ambitious plan to fortify its foothold in Asia, with a particular focus on strengthening its position in Taiwan’s competitive market.
Amazon CodeWhisperer is now called Q Developer and is expanding its functions
CodeWhisperer is now part of Amazon’s Q family of generative AI chatbots for businesses, which also includes the recently announced Q Business. Accessible through AWS, Q Designer assists with a portion of the errands engineers do over their everyday work, such as investigating and redesigning applications, investigating and performing security examines — similar as CodeWhisperer did.
Tesla layoffs hit high performers, some departments slashed, sources say
Tesla executives told representatives Monday that the new cutbacks — which destroyed a few divisions by 20% and, surprisingly, hit superior workers — were to a great extent because of poor monetary execution, a source acquainted with the matter told Techon Ventures
Amazon Music follows Spotify with an AI playlist generator of its own, Maestro
Spotify isn’t the main organization to fiddle with utilizing artificial intelligence to create playlists — on Tuesday, Amazon said it would do likewise. Amazon Music is currently trying Maestro,,,,
