97 place 3
Ramp, a six-year-old corporate card and expense management startup, is in talks to raise money at a valuation of about $16 billion including the new investment, according to two people with direct knowledge of the fundraising. It is planning to raise about $200 million for the round, according to one of the people.
The new funding would be slightly higher than its $13 billion valuation in March, when it arranged for a sale of shares from employees and early investors, and is more than double its valuation.
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Ukraine's drone schools are preparing soldiers to take on Russia and working to keep pace with an ever-changing fight. Read more ›
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616 fresh
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The Information
Is AI hurting American jobs? A bit, according to Federal Reserve Chair Jay Powell, whose comments Wednesday gave the AI fearmongers a good amount of material to work with.In a press conference, Powell said AI was “part of the story” behind the worsening unemployment that prompted the Fed to lower interest rates for the second time in two months. But he was quick to also say it was “not a... Read more ›
100
A small but growing number of artificial intelligence developers at OpenAI, Google and other companies say they’re skeptical that today’s technical approaches to AI will achieve major breakthroughs in biology, medicine and other fields while also managing to avoid making silly mistakes. That was the buzz last week among numerous researchers at the Neural Information Processing Systems conference, a key meetup for people in the field. Some of them believe... Read more ›
70
Nvidia has developed a new software feature with a location verification technology that could indicate which country its chips are operating in, Reuters reported. The feature, which hasn’t been released yet, could make it possible for Nvidia to crack down on the smuggling of its artificial ... Read more ›
50
Lately, Maura Keller—a Democrat running in Georgia’s 3rd Congressional district in next year’s midterm elections—has been going to community meetings where one topic comes up again and again “almost on a weekly basis”: data centers. It’s not hard to understand why the subject has surged to the fore. Keller has seen the state transform over the past few years into a hub for data centers, as AI companies buy up... Read more ›
47
Step aside, young folks of tech. This week we hear from the industry’s, ah, elder statesmen—specifically Larry Ellison at Oracle and Hock Tan from Broadcom, whose combined age is about 150. Oracle and Broadcom are each reporting their latest quarterly earnings this week, when the status of their newish AI businesses will be in the spotlight. In the case of Oracle, we’ll be looking for an update on its AI-related... Read more ›
29
China on Wednesday gathered its biggest tech giants to discuss whether to allow them to buy Nvidia’s advanced H200 chips, as President Donald Trump’s recent decision to allow the export of the powerful hardware to the country suddenly complicated Beijing’s goal to become technologically self-sufficient. Officials convened a series of emergency meetings with representatives from companies including Alibaba Group, ByteDance and Tencent Holdings, and asked them to assess their demand... Read more ›
28
MGX, a United Arab Emirates–backed fund, is only a year old but has already become one of the biggest data center financiers in the world, leading the largest data center sale negotiated so far and quietly scooping up a stake in another provider with ties to OpenAI. MGX will be the biggest shareholder in Aligned Data Centers, one of the largest data center operators in the U.S., following its $40... Read more ›
23
For AI agents to work properly in automating white-collar tasks, the companies developing the agents and the companies running the enterprise apps those agents use will need to agree on technical standards for how these technologies connect to each other.Some leading companies are preparing to do just that. As soon as this week, Anthropic, OpenAI, Google, Microsoft and a slate of other tech companies are set to announce a new... Read more ›
20
For years, thousands of companies have used Fivetran, a software tool for copying data between various applications and databases, including Salesforce apps. But earlier this year, Salesforce told Fivetran, a startup valued at more than $5 billion, that it would need to connect to Salesforce apps through the software giant’s app store, which takes a 15% commission for any sales generated on the store. If Fivetran didn’t do so, it... Read more ›
13
Google expects to launch its first AI glasses, including an audio-focused model and one with a built-in display screen, in 2026, the company said in a blog post on Monday. Google is collaborating with Samsung and the glasses companies Warby Parker and Gentle Monster on the hardware. Google will ... Read more ›
11
Most popular sources
Business Insider
|
31% 13 |
Gizmodo
|
10% 1 |
CNET
|
7% 4 |
Financial Times
|
5% 3 |
Slashdot
|
5% 3 |
| View sources » | |
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13.12.2025 08:39
Last update: 08:25 EDT.
News rating updated: 15:32.
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