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Collibra acquires data access startup Raito

Collibra, a data governance platform based in Brussels, is the latest enterprise to acquire a data company in order to expand its offerings in the age of AI. On Thursday, Collibra announced its acquisition Raito, a data access startup founded in 2021. Raito, also located in Brussels, helps companies manage which employees and customers have…

4 days left: Up to $900 off your ticket and 90% off for your +1 at TechCrunch Disrupt 2025

Here’s the deal: Only 4 days left to save up to $900 on your TechCrunch Disrupt 2025 ticket — and an additional 90% off for your +1. From October 27–29, San Francisco’s Moscone West transforms into the epicenter of tech innovation as 10,000 tech, startup, and VC leaders gather for the 20th anniversary of TechCrunch…

Intel is reportedly exploring a sale for its networking and edge unit

Intel CEO Lip-Bu Tan continues to consider ways to help semiconductor giant refocus on its core business. Intel is allegedly considering selling its networking and edge unit, according to reporting to Reuters, as Tan looks to shed business divisions that aren’t considered critical. This unit builds makes chips for telecom equipment and was responsible for…

Gravitee, a platform that helps companies manage APIs, raises $60M

Gravitee, a platform designed to help companies manage their APIs and other digital traffic pipelines, has raised $60 million in a Series C funding round led by Sixth Street Growth with participation from Riverside Acceleration Capital and Albion VC. The new capital, which brings Gravitee’s total raised to just over $125 million, will be used…

AMD strikes a deal to sell ZT Systems’ server-manufacturing business for $3B

Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business. AMD announced on Monday that it was selling ZT Systems’ server-manufacturing business to electronic manufacturing services company Sanmina. The $3 billion deal is a mix of cash and stock: $2.25 billion in cash, a $300 million premium including 50% cash…

GitHub, Microsoft embrace Anthropic’s spec for connecting AI models to data sources

GitHub and Microsoft, GitHub’s corporate parent, are joining the steering committee for MCP, Anthropic’s standard for connecting AI models to the systems where data resides. The announcement, which was made at Microsoft’s Build 2025 conference on Monday, comes as MCP gains steam in the AI industry. Earlier this year, both OpenAI and Google said they…

Microsoft wants to tap AI to accelerate scientific discovery

Can AI speed up aspects of the scientific process? Microsoft appears to think so. At the company’s Build 2025 conference on Monday, Microsoft announced Microsoft Discovery, a platform that taps agentic AI to “transform the [scientific] discovery process,” according to a press release provided to TechCrunch. Microsoft Discovery is “extensible,” Microsoft says, and can handle…

xAI’s Grok 3 comes to Microsoft Azure

Microsoft on Monday became one of the first hyperscalers to provide managed access to Grok, the AI model developed by billionaire Elon Musk’s AI startup, xAI. Available through Microsoft’s Azure AI Foundry platform, Grok — specifically Grok 3 and Grok 3 mini — will “have all the service-level agreements Azure customers expect from any Microsoft product,”…

AI startup Cohere acquires Ottogrid, a platform for conducting market research

AI startup Cohere has acquired Ottogrid, a Vancouver-based platform that develops enterprise tools for automating certain kinds of high-level market research. Sully Omarr, one of the founders of Ottogrid, announced the deal Friday in a post on X. He didn’t disclose the terms. Ottogrid will sunset its product, according to Omarr, but give customers “ample…

Cognichip emerges from stealth with the goal of using generative AI to develop new chips

Chips are a critical component of the AI industry. But new chips don’t hit the market with the same speed as new AI models and products do. Cognichip has a lofty goal of creating a foundational AI model that can help bring new chips to market faster. San Francisco-based Cognichip is working to build a…

Tensor9 helps vendors deploy their software into any environment using digital twins

Enterprises want access to new software and AI tools but can’t risk sending their sensitive data out to a third-party software-as-a-service (SaaS) providers. Tensor9 looks to help software companies land more enterprise customers by helping them deploy their software directly into a customer’s tech stack. Tensor9 converts a software vendor’s code into the format needed…

TensorWave raises $100M to grow its AMD-powered cloud infrastructure

TensorWave, a data center provider building facilities primarily with AMD hardware, has raised $100 million as it seeks to further build out its data center infrastructure. The funding round was led by Magnetar and AMD Ventures, and brings the company’s total capital raised to $146.7 million, according to Crunchbase. Maverick Silicon, Nexus Venture Partners and…

AWS enters into ‘strategic partnership’ with Saudi Arabia-backed Humain

Amazon says it will work with Humain, the AI company recently launched by Saudi Arabia’s ruler, Mohammed bin Salman, to invest “$5 billion-plus” in a strategic partnership to build an “AI Zone” in Saudi Arabia. The AI Zone will include dedicated Amazon Web Services (AWS) AI infrastructure, servers, networks, and training and certification programs, according…

Trump admin officially rescinds Biden’s AI diffusion rules

After a week or so of rumors, the U.S. Department of Commerce (DOC) formally rescinded the Biden Administration’s Artificial Intelligence Diffusion Rule days before it was set to go into effect. The Artificial Intelligence Diffusion Rule, which was introduced by former president Joe Biden in January and set to come into force on May 15,…

Microsoft Build 2025: What to expect, from Azure to Copilot upgrades

Microsoft is hosting its annual Build developer conference next week from May 19 to 22. The event is guaranteed to include announcements regarding new AI integrations, services, and apps, including for Windows. At last year’s Build, Microsoft announced an integration of Copilot into Microsoft Teams, Copilot+ AI-powered PCs, Windows Volumetric Apps for Meta Quest headsets,…

OpenAI’s enterprise adoption appears to be accelerating, at the expense of rivals

OpenAI appears to be pulling well ahead of rivals in the race to capture enterprises’ AI spend, according to transaction data from fintech firm Ramp. According to Ramp’s AI Index, which estimates the business adoption rate of AI products by drawing on Ramp’s card and bill pay data, 32.4% of U.S. businesses were paying for…

A timeline of the U.S. semiconductor market in 2025

It’s already been a tumultuous year for the U.S. semiconductor industry. The semiconductor industry plays a sizable role in the “AI race” that the U.S. seems determined to win, which is why this context is worth paying attention to: from Intel’s appointment of Lip-Bu Tan — who wasted no time getting to work trying to…

How SCIM Works: The REST API Powering Modern Identity Provisioning

This article is part of SSOJet’s technical series on identity protocols and standards. For more information on implementing SCIM with SSOJet’s turnkey SSO integration solution, visit our documentation or contact our support team. The post How SCIM Works: The REST API Powering Modern Identity Provisioning appeared first on Security Boulevard.

Fastino trains AI models on cheap gaming GPUs and just raised $17.5M led by Khosla

Tech giants like to boast about trillion-parameter AI models that require massive and expensive GPU clusters. But Fastino is taking a different approach. The Palo Alto-based startup says it has invented a new kind of AI model architecture that’s intentionally small and task-specific. The models are so small they’re trained with low-end gaming GPUs worth…

ServiceNow acquires Data.World months after snatching up Moveworks

Enterprise workflow management platform ServiceNow on Wednesday announced its second AI-related acquisition this year. ServiceNow said that it has signed a definitive agreement to acquire Data.World, a cloud-native data catalog and data governance platform. Austin, Texas-based Data.World was founded in 2015 and previously raised more than $130 million in venture financing from firms such as…

What OpenAI’s restructuring plan means for its corporate future

OpenAI said on Monday it is pursuing a new restructuring plan after conversations with Delaware and California’s attorneys general, both of whom were closely watching as OpenAI tried to break free of its odd corporate structure. Currently, OpenAI’s nonprofit board governs the organization’s for-profit operations. Under the new plan, OpenAI’s for-profit arm will become a…

Over 250 CEOs sign open letter supporting K-12 AI and computer science education

More than 250 CEOs signed an open letter published in The New York Times on Monday calling for AI and computer science to be “core components” of K-12 curricula. The signatories, which include Microsoft CEO Satya Nadella, Etsy CEO Josh Silverman, and Uber CEO Dara Khosrowshahi, argue that computer science and AI education are essential…

Datadog acquires Eppo, a feature flagging and experimentation platform

Datadog is on an acquisition spree. Just a few weeks after snatching up Metaplane, an AI-powered observability startup, the cloud monitoring and security company has acquired Eppo, a feature flagging and experimentation platform. Eppo will continue supporting existing customers and bringing on new ones under the brand “Eppo by Datadog.” Terms of the deal weren’t disclosed,…

Revelo’s LatAm talent network sees strong demand from US companies, thanks to AI

While many tech companies are mandating that their employees return to their offices, and putting an emphasis on building in-person teams, they are also turning in droves to Latin America to find developer talent — especially for post-training AI models. Revelo, a full-stack platform of vetted developers in Latin America, is seeing a new surge in…

Backstage access: Spotify’s dev tools side-hustle is growing legs

Spotify generates the vast bulk of its income from ads and subscriptions, but for the past few years the music-streaming giant has also been quietly building out a developer tooling business. Backstage, a project it open-sourced in 2020, has been adopted by more than 2 million developers across 3,400 organizations, including Airbnb, LinkedIn, Twilio, and…

Nvidia takes aim at Anthropic’s support of chip export controls

Nvidia clearly doesn’t agree with Anthropic’s support for export controls on U.S.-made AI chips. On Wednesday, Anthropic doubled down on its support for the U.S. Department of Commerce’s “Framework for Artificial Intelligence Diffusion,” which would impose sweeping AI chip export restrictions starting May 15. The next day, Nvidia responded with a very different take on…

Fivetran acquires Census to become end-to-end data movement platform

After nearly 13 years in business, Fivetran will now be able to offer its customers an end-to-end data movement solution. Fivetran, which helps enterprises move data from a variety of sources into cloud databases, announced on Thursday it has acquired Census, a reverse extract, transform, and load (ETL) platform that enables companies to transfer data…

Microsoft expects some AI capacity constraints this quarter

Microsoft customers could encounter service disruptions when using AI services due to demand outpacing the company’s ability to bring data centers online, an executive warned during the company’s earnings call Microsoft’s EVP and CFO Amy Hood said during the company’s fiscal 2025 third-quarter earnings call Wednesday the company may face AI capacity constraints as early…

Amazon updates Q Business to let companies build public-facing chatbots

Amazon wants companies to build public-facing chatbots using its Q Business assistant. On Wednesday, the company announced that Q Business, its AWS-hosted AI assistant that can answer questions, provide summaries, and complete tasks, now supports anonymous user access. This effectively means that AWS users can now create Q Business chatbots for websites, support portals, and…

Gruve.ai promises software-like margins for AI tech consulting, disrupting decades-old Industry

Companies of all sizes are recognizing the game-changing possibilities of AI. Despite the excitement about the new technology, most of their pilot projects don’t make it into production. Gruve.ai, a startup founded by the team behind Rahi Systems aims to help enterprises get AI solutions out of testing phase and into real-world application by using…

Anthropic suggests tweaks to proposed U.S. AI chip export controls

Anthropic agrees with the U.S. government that implementing robust export controls on domestic-made AI chips will help the U.S. compete in the AI race against China. But the company is suggesting a few tweaks to the proposed restrictions. Anthropic released a blog post on Wednesday stating that the company “strongly supports” the U.S. Department of…

Supio, an AI-powered legal analysis platform, lands $60M

Supio, a startup that uses AI to automate data collection and analysis for legal teams, has raised $60 million in a funding round led by Sapphire Ventures with participation from Mayfield and Thomson Reuters Ventures. The new capital, which brings Supio’s total raised to $91 million, will be put toward growth, hiring, and go-to-market efforts,…

Cast AI raises $108M to get the max out of AI, Kubernetes and other workloads

The crush of traffic going into training and running AI has quickly turned into a major cost and resource headache for organisations. Today, Cast AI — a startup building tools to ease and optimise AI and other workloads with automation — is raising a major round of funding on the back of its strong growth…

Here’s how to watch LlamaCon, Meta’s first AI developer event

On Tuesday, Meta is hosting LlamaCon, its first-ever AI developer event. It’ll center around the company’s Llama family of open AI models, and we’re expecting some big updates for developers. Also on the agenda: keynotes from Meta executives and fireside chats with Big Tech CEOs and Meta’s chief, Mark Zuckerberg. Meta is hosting a small…

Yelp debuts AI voice agents for restaurants and service providers

Yelp said on Tuesday that it’s working on deploying AI-powered “voice agents” to help service providers and restaurants handle calls, answer basic questions, and accomplish tasks like adding a customer to a restaurant waitlist. Yelp says its agents don’t require a complicated setup or API integrations, and can draw from existing metadata along with data…

A16z backs UK startup Dex to scale ‘AI talent agent’ and recruitment matchmaker

Storied Silicon Valley VC firm Andreessen Horowitz is backing a fledgling U.K. startup that’s setting out to “redefine” how AI is used to match companies with talent. Dex, as the startup is called, targets candidates and companies with various AI-powered recruitment smarts, including matchmaking and coaching, with a view toward improving retention in the long…

Huawei aims to take on Nvidia’s H100 with new AI chip

Chinese tech conglomerate Huawei is looking to take on semiconductor behemoth Nvidia with a new advanced AI chip. Huawei is making progress developing its latest Ascend AI GPU, the Ascend 910D, according to the Wall Street Journal, citing sources familiar. The company has been reaching out to other Chinese firms to find test partners, the…

IBM pledges to spend $150B in the US over the next few years

Enterprise tech giant IBM says that it plans to invest $150 billion in the U.S. over the next five years, which will include a “more than” $30 billion investment in mainframe and quantum computing research. The goal is to fuel the economy and “accelerate [IBM’s] role as the global leader in computing,” the company said in a press release Monday.…

Lightrun grabs $70M using AI to debug code in production

AI-based coding has exploded in popularity on the promise that it will make developers’ jobs faster and easier. But it’s also resulted in something else: a vast increase in lines of code, and thus the likelihood of bugs resulting in crashes or other mishaps. Today, an Israeli startup called Lightrun — which has built an…

Intel reverses course, opts not to spin out Intel Capital

Semiconductor giant Intel won’t spin out its venture arm, Intel Capital, after all. During Intel’s Q1 earnings call Thursday, Intel CEO Lip-Bu Tan said the company has reversed its decision to spin out its 34-year-old venture arm. Instead, Intel Capital will remain internal and continue to invest with Intel’s interests in mind. “We have made…

IBM affected by DOGE cuts, downplays impact during Q1 earnings call

Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future payments, per Bloomberg. Federal contracts represent…

Here are the 19 US AI startups that have raised $100M or more in 2025

Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “megaround,” and seven companies raised rounds $1 billion in size or larger. How will 2025 compare?…

Datadog acquires AI-powered observability startup Metaplane

Cloud monitoring and security platform Datadog on Wednesday said it has acquired Metaplane, an AI-powered data observability startup. Financial terms of the deal were not disclosed. In a press release, Datadog said that the deal “accelerates” its expansion into data observability, building on the launch of related products. Metaplane will continue supporting its existing and…

OpenAI launches Flex processing for cheaper, slower AI tasks

In a bid to more aggressively compete with rival AI companies like Google, OpenAI is launching Flex processing, an API option that provides lower AI model usage prices in exchange for slower response times and “occasional resource unavailability.” Flex processing, which is available in beta for OpenAI’s recently released o3 and o4-mini reasoning models, is…

Wasp’s platform is the glue that holds web dev apps together

When Matija Šošić started working in web development, he was surprised by how hard it was to build a full-stack production-ready web application. One of the biggest hurdles Šošić faced was navigating the fragmented dev tooling landscape. Coding a web application required utilizing different tools for developing the front-end versus the back-end, and so on.…

Capsule captures $12M to build the next version of its AI video editor for brands

Capsule is upgrading its AI-powered video editing assistant for marketing, sales, and media teams following the close of a $12 million round of Series A funding, the company announced on Wednesday. The upgraded editor will include new features like AI suggestions and support for real-time collaboration. The new version of its studio software will feature…

Hammerspace, an unstructured data wrangler used by Nvidia, Meta and Tesla, raises $100M at $500M+ valuation

Artificial intelligence services at their heart are massive data plays: you need data — a lot of it — to build the models, and then the models need efficient ways to ingest and output data to work.  A company called Hammerspace has built a system to help AI and other organisations tap into data troves…

US government imposes license requirement on Nvidia H20 exports

Semiconductor giant Nvidia is facing unexpected new U.S. export controls on its H20 chips. In a filing Tuesday, Nvidia said it was informed by the U.S. government that it will need a license to export its H20 AI chips to China. This license will be required indefinitely, according to the filing — the U.S. government…

Nvidia H20 chip exports hit with license requirement by US government

Semiconductor giant Nvidia is facing unexpected new U.S. export controls on its H20 chips. In a filing Tuesday, Nvidia said it was informed by the U.S. government that it will need a license to export its H20 AI chips to China. This license will be required indefinitely, according to the filing — the U.S. government…

Notion releases an AI-powered email client for Gmail

Notion released Notion Mail, an AI-powered email client for Gmail that integrates with the rest of Notion’s workflow management platform, on Tuesday. Notion Mail connects to Notion users’ Gmail accounts and uses AI to help users organize their emails, draft responses, schedule meetings, and search across messages. Any Notion user can sign up, and Notion…

Jim Zemlin on taking a ‘portfolio approach’ to Linux Foundation projects

The Linux Foundation has become something of a misnomer through the years. It has extended far beyond its roots as the steward of the Linux kernel, emerging as a sprawling umbrella outfit for a thousand open source projects spanning cloud infrastructure, security, digital wallets, enterprise search, fintech, maps, and more. Last month, the OpenInfra Foundation…

Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps

Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million).  The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money.  On the surface,…

Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps

Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million).  The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money.  On the surface,…

Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps

Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million).  The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money.  On the surface,…

Amazon CEO Andy Jassy urges companies to invest heavily in AI

Amazon CEO Andy Jassy thinks companies should invest “aggressively” in AI now to reap the full financial rewards in the future. In his annual letter to Amazon shareholders published Thursday, Jassy said “substantial capital” is required to keep up with the pace of AI innovation and customer demand for AI products. He added that Amazon,…

Incident.io raises $62M at a $400M valuation to help IT teams move fast when things break

In the world of tech, some might argue that the term of the decade is AI, but in the bigger scheme of things, beyond this single sector, the most important word may well be “resilience.” How well prepared are people, organizations, and countries for unforeseen, negative economic, geopolitical, social, and environmental developments? It’s a question…

Nvidia’s H20 AI chips may be spared from export controls — for now

Nvidia CEO Jensen Huang appears to have struck a deal with the Trump administration to avoid export restrictions on the company’s H20 AI chips. The H20, the most advanced Nvidia-produced AI chip that can still be exported from the U.S. to China, was reportedly spared thanks to a promise from Huang to invest in new…

The complete agenda for TechCrunch Sessions: AI unveiled

It’s been a couple of years since our last topic-focused, one-day event — but with AI transforming the tech landscape, we couldn’t miss the chance to gather 1,200 founders, CEOs, entrepreneurs, investors, and anyone shaping the future of AI for a deep dive into what’s next. On June 5 in Zellerbach Hall at UC Berkeley,…

Tessell snags $60M to drive data management at scale

Tessell, a startup developing a multi-cloud database-as-a-service, has raised $60 million in a new funding round led by WestBridge Capital ahead of its plans to expand its market presence and launch an AI-powered conversational database management service. As data becomes more critical than ever, many companies are struggling to manage and store it efficiently. Legacy…

Gemini Code Assist, Google’s AI coding assistant, gets ‘agentic’ abilities

Gemini Code Assist, Google’s AI coding assistant, is gaining new “agentic” capabilities in preview. During its Cloud Next conference on Wednesday, Google said Code Assist can now deploy new AI “agents” that can take multiple steps to accomplish complex programming tasks. These agents can create applications from product specifications in Google Docs, for example, or…

Google’s enterprise cloud gets a music-generating AI model

On Wednesday, Google rolled out updates to several of its first-party media-generating AI models available through its Vertex AI cloud platform. Lyria, Google’s text-to-music model, is now available in preview for select customers, and the company’s Veo 2 video creation model has been enhanced with new editing and visual effects customization options. The company has…

Google Workspace gets automation flows, podcast-style summaries

Google is upgrading Workspace, its suite of cloud-based productivity tools, with new AI capabilities. The suite is gaining Workspace Flows, a tool designed to automate multi-step processes such as updating spreadsheets and digging through documents for information. Flows can tap Gems, Google’s brand of custom AI-powered chatbots, to handle specialized tasks, and it can also…

IBM releases a new mainframe built for the age of AI

IBM is releasing the latest version of its mainframe hardware that includes new updates meant to accelerate AI adoption. The hardware and consulting company on Monday announced IBM z17, the latest version of its mainframe computer hardware. This fully encrypted mainframe is powered by an IBM Telum II processor and is designed for more than…

IBM acquires Hakkoda to continue its AI consultancy investment push

IBM on Monday said it has acquired Hakkoda, a data and AI consultancy based in New York. The acquisition would “further expand” IBM’s ability to bring consultants and AI to clients, particularly customers in industries like financial services, public sector, and healthcare and life sciences, said Mohamad Ali, SVP and head of IBM’s consulting business,…

Intel and TSMC are reportedly launching a joint chipmaking venture

Semiconductor giants Intel and TSMC are reportedly teaming up. The two firms are said to have reached a tentative agreement to create a joint venture that will operate Intel’s chipmaking facilities, according to The Information. TSMC will have a 20% stake in the new venture. Instead of funding its stake with capital, TSMC will share…

Devin, the viral coding AI agent, gets a new pay-as-you-go plan

Cognition, the startup behind the viral AI programming tool Devin, has introduced a new low-cost plan to incentivize signups. When Cognition released Devin last year, the tool quickly blew up on social media for its ability to perform certain software development tasks autonomously. But it soon became apparent that Devin struggled with more complex coding…

Microsoft reportedly pulls back on its data center plans

Microsoft has pulled back on data center projects around the world, Bloomberg reports, suggesting that the company is wary of expanding its cloud computing infrastructure too rapidly. Microsoft has halted talks for or delayed development sites of data centers in the U.K., Australia, North Dakota, Wisconsin, and Illinois, per Bloomberg. A spokesperson told the publication…

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

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…

Qualcomm acquires generative AI division of Vietnamese startup VinAI

Qualcomm has acquired the generative AI division of VinAI, an AI research company headquartered in Hanoi, for an undisclosed amount, the companies announced on Monday. The move marks Qualcomm’s continued expansion into the AI tooling sector. VinAI, which was founded by former DeepMind research scientist Hung Bui, develops a range of generative AI technologies, including…

Lip-Bu Tan says Intel will spin off non-core units

Intel’s new CEO Lip-Bu Tan wasted no time laying out his plans for the semiconductor giant. Speaking at the Intel Vision conference this week, Tan told attendees that the company will spin off assets that aren’t core to its mission, Bloomberg reported. Tan didn’t specify what was classified as core and non-core to the company’s…

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

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…

A look at Intel Capital before the 34-year-old firm strikes out on its own

When Intel Capital announced its plans to spin out from semiconductor giant Intel in January, it came as a bit of a shock considering the firm has been operating as Intel’s venture investment arm since 1991. In many ways this decision marks the end of an era for what’s considered by some to be the…

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