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Category: Global IT News

ServiceNow to buy Moveworks for $2.85B to grow its AI portfolio

ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools. ServiceNow will pay $2.85 billion for Moveworks in a mix of cash and stock. The former expects the deal to close in the second half of 2025. Bloomberg reported the deal late on Sunday night. As of…

Nirvana keeps on truckin’ with $80M at a $830M valuation for its AI-powered insurance

As the U.S. trucking industry gears up for the negative impacts of new Trump tariffs on goods from Mexico and Canada, a startup building a new kind of trucking insurance — a critical cost for truck drivers — has raised some money to grow, and (it hopes) help truckers weather the changes. Nirvana, an AI-based…

Renesas Releases Certified PROFINET-IRT and PROFIdrive Software Stacks for RZ/T and RZ/N Series Microprocessors

COMPANY NEWS: Renesas Electronics Corporation (TSE:6723), a premier supplier of semiconductor solutions, today introduced the PROFINET-certified IRT and PROFIdrive software stack for its RZ/T and RZ/N series of microprocessors (MPU) for industrial networking systems. The initial software versions are available for the RZ/T2M MPU designed for servo motor control applications, and the RZ/N2L for industrial…

SonicWall Partners with CrowdStrike to Enhance MSP Security

SonicWall has partnered with CrowdStrike in a new collaboration that gives MSPs stronger tools to protect their customers with end-to-end managed threat protection. It means more comprehensive security solutions without the complexity.  The solution, SonicSentry MXDR, combines network, endpoint, and cloud protection, all supported by round-the-clock security and network operations centers. For MSPs looking to…

Rimini Street and T-Systems North America announce a Strategic Partnership to Deliver Comprehensive, Cost-Effective Enterprise Software Support and Hosting Solutions

Integrated solution will reduce total IT costs, extend the lifespan of current releases and deliver advanced enterprise AI, workflow and automation capabilities without need for upgrades, migrations or additional IT budget COMPANY NEWS: Rimini Street, a global provider of end-to-end enterprise software support and innovation solutions and the leading third-party support provider for Oracle, SAP…

Rocket Companies to acquire Redfin in $1.75B deal

Redfin is being acquired in an all-stock transaction that values the real estate listing platform at $1.75 billion. The acquiring company is Rocket Companies, a Detroit, Michigan-based finance and real estate holding firm that operates various brands including Rocket Mortgage, Rocket Money (formerly Truebill), and Rocket Loans. The new combined entity essentially pools the two…

Neom is reportedly turning into a financial disaster, except for McKinsey & Co.

A new WSJ report suggests that Saudi Arabia’s now eight-year-old Neom project — a futuristic, carbon-neutral, 105-mile-long linear city envisioned by Crown Prince Mohammed bin Salman — has become a financial sinkhole. Plagued by delays and cost overruns, the country, which has already shelled out $50 billion, could reportedly face another 55 years of construction,…

Manus probably isn’t China’s second ‘DeepSeek moment’

Manus, an “agentic” AI platform that launched in preview last week, is generating more hype than a Taylor Swift concert. The head of product at Hugging Face called Manus “the most impressive AI tool I’ve ever tried.” AI policy researcher Dean Ball described Manus as the “most sophisticated computer using AI.” The official Discord server…

Japan’s service robot market projected to triple in five years

Faced with an aging population and labor shortages, Japanese businesses are increasingly relying on service robots to supplement their workforce, according to Bloomberg. Research firm Fuji Keizai projects the country’s service robot market to nearly triple by 2030, to ¥400 billion ($2.7 billion). Potentially driving that growth: The Recruit Works Institute projects that the country…

Colossal CEO Ben Lamm says humanity has a ‘moral obligation’ to pursue de-extinction tech

The CEO of Colossal, a startup that aims to use genetic editing techniques to bring back extinct species, including the wooly mammoth, assured audiences at SXSW that the company has no plans to create a real-life Jurassic Park — lest there was any doubt. “Modern conservation isn’t working […] and we’re gonna need a ‘de-extinction’…

Apple’s smart home hub reportedly delayed by Siri challenges

Apple announced this week that the “more personalized” version of Siri that it promised last year has been delayed — and according to Bloomberg’s Mark Gurman, that’s also postponed the launch of the company’s planned smart home hub. In a statement, Apple said the upgraded Siri features, which are part of its broader Apple Intelligence…

Musk may still have a chance to thwart OpenAI’s for-profit conversion

Elon Musk lost the latest battle in his lawsuit against OpenAI this week, but a federal judge appears to have given Musk — and others who oppose OpenAI’s for-profit conversion — reasons to be hopeful. Musk’s suit against OpenAI, which also names Microsoft and OpenAI CEO Sam Altman as defendants, accuses OpenAI of abandoning its…

Rubrik’s New Capabilities Set to Transform Cyber Resilience Across Cloud, Hypervisor and SaaS Platforms

Significant expansion of data protection and security across cloud, SaaS, and hypervisors including Oracle Cloud Infrastructure, RedHat OpenShift, and more New Identity Recovery for Active Directory and Entra ID addressing the key vulnerability to business operational recovery Powerful new cyber resilience capabilities for faster operational recovery from cyber incidents, including machine-learning detection, orchestrated recovery, and…

ManageEngine Ushers in a New Era of Customisable and Unified Security Analytics With Its Open API-Based Platform

Company’s SIEM Solution, Log360, Evolves Into a Unified Security Platform; Helps Simplify Security Operations and Future-Proofs Security Investments Log360 transforms security operations from a cost centre to a strategic asset Open APIs and community-driven innovation ensure rapid response to emerging threats while reducing total ownership costs Partnership forged with Sacumen, a specialist cybersecurity firm, to…

New DOJ proposal still calls for Google to divest Chrome, but allows for AI investments

The US Department of Justice is still calling for Google to sell its web browser Chrome, according to a Friday court filing.  The DOJ first proposed that Google should sell Chrome last year, under then-President Joe Biden, but it seems to be sticking with that plan under the second Trump administration. The department is, however,…

Google scrubs mentions of ‘diversity’ and ‘equity’ from responsible AI team webpage

Google has quietly updated the webpage for its Responsible AI and Human Centered Technology (RAI-HCT) team, the team charged with conducting research into AI safety, fairness, and explainability, to scrub mentions of “diversity” and “equity.” A previous version of the page used language such as “marginalized communities,” “diverse,” “underrepresented groups,” and “equity” to describe the…

Judge allows authors’ AI copyright lawsuit against Meta to move forward

A federal judge is allowing an AI-related copyright lawsuit against Meta to move forward, although he dismissed part of the suit. In Kadrey vs. Meta, authors including Richard Kadrey, Sarah Silverman, and Ta-Nehisi Coates have alleged that Meta has violated their intellectual property rights by using their books to train its Llama AI models, and…

Week in Review: OpenAI could charge $20K a month for an AI agent

Welcome back to Week in Review. This week we’re looking at OpenAI potentially charging $20,000 a month for a specialized AI agent, the unexpected return of early-internet darling Digg, a company genetically engineering mice to have mammoth-like fur, and more! Let’s do this. OpenAI could charge up to $20,000 per month for specialized AI “agents.”…

9 US AI startups have raised $100M or more in 2025

Last year was a monumental year 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 “mega-round” last year, and seven companies raised rounds at $1 billion or larger. How…

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Chevy Silverado EV vs Rivian R1T: How two EVs handled the iconic Mint 400 off-road race

Something special went down in the desert outside of Las Vegas this weekend: two EVs took on the Mint 400 for the first time. Since the Mint 400 launched back in 1969, vehicles in this iconic desert endurance race have been powered by dead dinosaurs. Spectators and race participants alike are used to the smell…

5 devices to help ease your smartphone addiction

The downsides of doomscrolling and screen addiction are well documented, but while many of us would like to spend less time glued to a smartphone, it’s easier said than done. Much has been written about the so-called dumbphone revival, where individuals regain some respite from pings and push notifications by downgrading to a basic feature…

Cursor in talks to raise at a $10B valuation as AI coding sector booms

Investor interest in AI-coding assistants is exploding. Anysphere, the developer of AI-powered coding assistant Cursor, is in talks with venture capitalists to raise capital at a valuation of nearly $10 billion, Bloomberg reported. The round, if it transpires, would come about three months after Anysphere completed its previous fundraise of $100 million at a pre-money…

Microsoft reportedly ramps up AI efforts to compete with OpenAI

Microsoft is accelerating its push to compete with OpenAI, its longtime collaborator, by developing its own powerful AI models and exploring alternatives to power products like Microsoft’s Copilot bot. Microsoft has developed its own AI “reasoning” models comparable to models like OpenAI’s o1 and o3-mini, the The Information reports. OpenAI is said to have refused…

Signal President Meredith Whittaker calls out agentic AI as having ‘profound’ security and privacy issues

Signal President Meredith Whittaker warned Friday that agentic AI could come with a risk to user privacy. Speaking on stage at the SXSW conference in Austin, Texas, the advocate for secure communications, referred to the use of AI agents as “putting your brain in a jar,” and cautioned that this new paradigm of computing —…

What is Instagram’s Threads app? All your questions answered

Twitter alternatives — new and old — have found audiences willing to try out a newer social networks since Elon Musk took over the company in 2022. Mastodon, Bluesky, Spill and T2 are some of the social media platforms people are among them. So is Meta’s Threads platform. What is Threads? How do you create…

Threads tests adding ‘interests’ on profiles to connect users with topical discussions

Meta’s Threads has begun testing a new feature that would allow people to add their interests to their profile on the social network. Instead of only advertising to profile visitors the sort of topics you might post about, the new interests feature will also direct users to active conversations about the topic. The company thinks…

Google removes ‘underrepresented’ language from its grant website

Just weeks after Google said it would review its diversity, equity, and inclusion programs, the Google for Startups Founders Fund webpage is peppered with changes. Most notably Google is now using past tense to describe all of its fund programs for underrepresented founders.  This is a change that took place after December, according to the internet…

Google debuts a new Gemini-based text embedding model

Google on Friday added a new, experimental “embedding” model for text, Gemini Embedding, to its Gemini developer API. Embedding models translate text inputs like words and phrases into numerical representations, known as embeddings, that capture the semantic meaning of the text. Embeddings are used in a range of applications, such as document retrieval and classification,…

Elon Musk’s AI company, xAI, acquires one-million-square-foot property in Memphis

xAI, Elon Musk’s AI company, has acquired a one-million-square-foot property in Southwest Memphis to expand its AI data center footprint, according to a press release from the Memphis Chamber of Commerce. The new land will host infrastructure to complement xAI’s existing Memphis data center. “xAI’s acquisition of this property ensures we’ll remain at the forefront…

TechCrunch Sessions: AI speaker applications close today, submit yours now

On June 5, TechCrunch Sessions: AI will kick off — and you can be part of the industry-changing conversations that will be taking place. We have an open invitation for members of the AI community to lead breakout sessions and discussions with over 1,200 startup founders, VC leaders, and AI aficionados attending our newest event, which…

Startups Weekly: Startups raised funding to help others navigate challenges

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Sometimes problems are just that: problems. But often, they are also fodder. This week brought us a mix of startups facing adversity, sometimes of their own doing,…

Social health expert warns of leaning too heavily on AI for social connections

With the rise of AI companions who serve as online friends or romantic interests, experts are questioning how the technology affects our real-world social connections and relationships. According to Kasley Killam, author of the social health-focused book “The Art and Science of Connection: Why Social Health is the Missing Key to Living Longer, Healthier, and…

Health expert warns of leaning too heavily on AI for social connections

With the rise of AI companions who serve as online friends or romantic interests, experts are questioning how the technology affects our real-world social connections and relationships. According to Kasley Killam, author of the social health-focused book “The Art and Science of Connection: Why Social Health is the Missing Key to Living Longer, Healthier, and…

DeepSeek: Everything you need to know about the AI chatbot app

DeepSeek has gone viral. Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose to the top of the Apple App Store charts (and Google Play, as well). DeepSeek’s AI models, which were trained using compute-efficient techniques, have led Wall Street analysts — and technologists — to question whether the U.S. can maintain its…

US charges admins of Garantex for allegedly facilitating crypto money laundering for terrorists and hackers

The administrators of Garantex, Aleksej Besciokov and Aleksandr Mira Serda, allegedly knew their crypto exchange was used to launder money, according to U.S. prosecutors. © 2024 TechCrunch. All rights reserved. For personal use only.

Google adds a Gemini panel to Calendar to help you manage your schedule

Google is testing a new AI-powered Gemini side panel within Google Calendar that lets users quickly and conversationally check their schedule, create an event, and look up event details. The feature is available as part of the tech giant’s early access testing program, Google Workspace Labs. You can access Gemini by clicking the “Ask Gemini”…

Russian propoganda is reportely influencing AI chatbot results

Russian propaganda may be influencing certain answers from AI chatbots including OpenAI’s ChatGPT and Meta’s Meta AI, according to a new report. NewsGuard, a company that develops rating systems for news and information websites, claims to have found evidence that a Moscow-based network named “Pravda” is publishing false claims to affect the responses of AI…

CollX raises $10M to grow its card collection marketplace

CollX, a company offering an online trading card marketplace, has raised $10 million in Series A funding. The round was co-led by Austin-based Brand Foundry Ventures and Philadelphia-based 114 Ventures, both of which were previous investors in the company. Other investors such as Next Coast Ventures, FJ Labs, and Ben Franklin Technology Partners also participated…

Last day to apply to be a TechCrunch Sessions: AI speaker

TechCrunch Sessions: AI kicks off on June 5 in Zellerbach Hall at UC Berkeley — and we want AI leaders to take part in industry-changing conversations. Make your mark by leading breakout sessions and discussions with over 1,200 startup founders, VC leaders, and other industry pioneers at TC Sessions: AI. But don’t wait, you have…

Accrete CEO on Taking Agentic AI to the Enterprise

AI platform vendor Accrete recently announced its partnership with New Era Technologies, signalling a shift towards enterprise sales and a new business model for the eight year old company. Channel Insider spoke with CEO Prashant Bhuyan to learn more about he’s taking the company’s experience serving government agencies to Fortune 100 companies at scale. Platform…

FBI says scammers are targeting US executives with fake BianLian ransom notes

The FBI is warning that scammers are impersonating the BianLian ransomware gang using fake ransom notes sent to U.S. corporate executives. The fake ransom notes, first reported by U.S. cybersecurity company GuidePoint Security, claim that hackers have gained access to an organization’s network to steal sensitive data, and threaten to publish the stolen data unless…

Google co-founder Larry Page reportedly has a new AI startup

Google co-founder Larry Page is building a new company called Dynatomics that’s focused on applying AI to product manufacturing, according to The Information. Page is reportedly working with a small group of engineers on AI that can create “highly optimized” designs for objects and then have a factory build them, per The Information. Chris Anderson,…

A second Intuitive Machines spacecraft just landed on the moon — and probably tipped over

Intuitive Machines has landed a second spacecraft on the moon, just one year after accomplishing the feat for the first time ever. Unfortunately, much like that first attempt, it seems the company’s spacecraft may have tipped on its side. The lunar lander, called Athena, touched down on the moon’s surface at around 12:30 p.m. ET…

Hugging Face’s chief science officer worries AI is becoming ‘yes-men on servers’

AI company founders have a reputation for making bold claims about the technology’s potential to reshape fields, particularly the sciences. But Thomas Wolf, Hugging Face’s co-founder and chief science officer, has a more measured take. In an essay published to X on Thursday, Wolf said that he feared AI becoming “yes-men on servers” absent a…

Christie’s AI art auction reportedly exceeds expectations

Nearly 6,500 artists demanded in an open letter that fine art auction house Christie’s cancel its first show dedicated solely to works created with AI. Yet, the show, Augmented Intelligence, went on — and reportedly exceeded expectations. According to Christie’s, the show brought in more than $700,000, with many lots reaching beyond their high estimates.…

Spotify says it’s fixing the bug that caused Premium users to hear ads

Spotify has acknowledged an issue that’s causing some of its paid Premium subscribers to encounter ads when trying to play music. In an X post published on Thursday by Spotify’s customer service account, the company said it’s looking into the problem and linked to its Community website where the issue has been documented by users…

VW’s cheapest EV will have Rivian DNA and who is bidding for Canoo’s assets

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! TechCrunch’s transportation team — well at least myself and senior reporter Rebecca Bellan — are hittin’ the road. Destination: SXSW, the annual tech, music, film, and culture…

TechCrunch Sessions: AI speaker applications close tomorrow, submit yours today

On June 5, TechCrunch Sessions: AI will kick off — and you can be part of the industry-changing conversations that will be taking place. We have an open invitation for members of the AI community to lead breakout sessions and discussions with over 1,200 startup founders, VC leaders, and AI aficionados attending our newest event, which…

OpenAI’s ex-policy lead criticizes the company for ‘rewriting’ its AI safety history

A high-profile ex-OpenAI policy researcher, Miles Brundage, took to social media on Wednesday to criticize OpenAI for “rewriting the history” of its deployment approach to potentially risky AI systems. Earlier this week, OpenAI published a document outlining its current philosophy on AI safety and alignment, the process of designing AI systems that behave in desirable…

Intangible AI, a no-code 3D creation tool for filmmakers and game designers, raises $4M 

Intangible AI, now backed by $4 million in seed funding, offers an AI-powered creative tool that allows users to create 3D world concepts with text prompts to aid creative professionals across a variety of industries. The company’s mission is to make the creative process accessible to everyone, including professionals such as filmmakers, game designers, event…

Why VCs ghost founders, or reject deals and never speak to the founder again

Getting ghosted is never fun. Especially if you’re a founder seeking capital from investors. It’s similar to dating. You might be left wondering “Why is this person not getting back to me? Did I do something wrong?” Did the investor hate the product? Did they not care for me personally?” It’s enough to drive anyone…

Armis buys Otorio for $120M to beef up cybersecurity in physical spaces

More consolidation is playing out in the security industry as platform players scoop up technology to give them deeper expertise in growing business areas. On Thursday, Armis, a $4.2 billion specialist in cyber exposure management, said it would be acquiring Otorio, a specialist in securing industrial and physical environments.  Terms of the deal are not…

How Uber’s new product chief is gearing up for robotaxis

Uber executive Sachin Kansal has a reputation for dogfooding — the tactic of using one’s own products and services to root out problems and make improvements. As he ascended Uber’s executive ladder over the past eight years, Kansal ratcheted up 700 trips delivering food or people to their destinations. Lengthy reports, often dozens of pages…

Reddit adds new tools to help users contribute and connect across its platform

Reddit announced on Thursday it’s introducing a set of new tools to make it easier for users to participate on its platform. The features are designed to help users find communities, ensure their posts don’t break any rules, and understand how to contribute across the social network. Combined, the features are meant to enhance the…

Faireez raises $7.5M for AI-powered hotel-style housekeeping for condo residents

Faireez, which aims to bring “5-star hotel-style housekeeping” to multifamily buildings, is emerging from stealth with $7.5 million in seed funding, the startup told TechCrunch exclusively. Founded in 2023, New York-based Faireez’s goal is to make the cleaning services it offers as customized as possible. It offers a subscription model where each building is assigned…

Google DeepMind, Cohere, and Twelve Labs explain how founders can build with their AI models at TechCrunch Sessions: AI

There seems to be a new, more impressive AI model every week. Given the rapid pace, how can founders best position themselves to build on top of this technology? At TechCrunch Sessions: AI, on June 5 in Zellerbach Hall at UC Berkeley, we’ll host a panel on “How Founders Can Build on Existing Foundational Models”…

Anthropic submits AI policy recommendations to the White House

A day after quietly removing Biden-era AI policy commitments from its website, Anthropic submitted recommendations to the White House for a national AI policy that the company says “better prepare[s] America to capture the economic benefits” of AI. The company’s suggestions include preserving the AI Safety Institute established under the Biden Administration, directing NIST to…