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Nvidia has bought Kumo AI, a five-year-old startup that sells predictive AI software to enterprises, for more than $400 million, said a person with knowledge of the deal.
The acquisition, first revealed by an Nvidia executive in a LinkedIn post on Tuesday, should expand Nvidia’s roster of AI models that can be optimized for Nvidia hardware and offered to enterprises for further customization.
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Meta Platforms is considering charging up to $200 a month for its planned consumer version of the OpenClaw AI agent tool, The Information reported, an ambitious target that would rival top tier offerings from established AI giants. The product, currently called Hatch, could launch with ... Read more ›
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Distributors used to be a fixture on car engines, but they were replaced by coil packs somewhere in the 1980s. Here's why automakers switched. Read more ›
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Gurugram-based enterprise AI startup TrueFan AI has raised $10 Mn (about ₹96 Cr) in its Series A funding round led… Read more ›
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The disclosure comes at a time when lawmakers are already pushing the US DoD to make significant overhauls to its posture on smartphone security. Read more ›
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3D printers could soon be mandated to include a 'blocking' feature to prevent the printing of firearms Read more ›
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Fintech platform WeRize has raised $7 Mn (about ₹67.1 Cr) from in a pre-Series C funding round led by Sony… Read more ›
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Beginning in July, you won't be able to edit or create files in Office 2019 for Mac. The company blames this on an expiring digital certificate. Read more ›
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Benchmark has raised two new funds, one of which will invest in later-stage startups, breaking with the firm’s tradition of exclusively backing early-stage companies. The firm will invest in those more mature companies through a $1.25 billion fund and earlier ones through a $750 million fund, ... Read more ›
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Nintendo is planning to launch versions of Switch 2 hardware in the EU that will let users easily replace the battery. To meet its obligations from a new EU regulation that's set to go into effect on February 18th, 2027, Nintendo says on its website that it is "implementing measures to comply with these requirements […] Read more ›
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First, he invented the web. Now Tim Berners-Lee is reinventing the AI agent to work for us. Read more ›
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It's no secret that criminals are using AI to streamline computer hacks in hopes of emptying out people’s bank accounts (never has it looked more appealing to stash cash under the mattress!). Cybersecurity executives, meanwhile, are rubbing their hands with glee at the influx of business they expect to get as a result. “What I see is AI driving structural demand for cybersecurity that compounds, not decelerates,” said CrowdStrike CEO... Read more ›
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Recently found yourself in a Brewster's Millions-style situation? Then I've got the TV for you… Read more ›
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Those in their fifties ran the furthest distance on average, and the VO2 max of Garmin runners is impressive. Read more ›
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H3C launches Wi-Fi 8 enterprise access point focused on stability, AI optimization, roaming improvements, and Broadcom-powered network performance upgrades. Read more ›
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Месяц назад начал делать собственный язык программирования Nova с Claude Code. За это время агенты автономно закрыли около трёхсот инженерных планов, написали около 120 тысяч строк Rust (компилятор, рантайм, кодоген), почти две тысячи проходящих тестов и собственную стандартную библиотеку на Nova. Один человек физически такой объём не вытянет — но и автономия даётся не бесплатно.Рассказываю про четыре категории сбоев, которые встречаются регулярно — и про дисциплину, которая их ловит. Конкретные... Read more ›
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The Xiaomi 18 is coming in September, rumor has it, and according to a new leak from China, it will boast a 6.4-inch flat screen. That's marginally bigger than its predecessor's 6.3" panel, and it will keep the same 19.5:9 aspect ratio. The Xiaomi 18's panel will allegedly have "2K" resolution, which is an improvement over the Xiaomi 17, as well as ultra-narrow bezels, and large rounded corners. The phone's... Read more ›
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There are some new vehicles out in 2026 that still come with V6 engines. If those are your preference, look into one of these 12 options. Read more ›
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Many of the pressing issues in AI implementation are organizational, not technological. Read more ›
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The Information
Shares of traditional software providers have been battered this year over AI fears. Investors’ reaction to Snowflake’s and Salesforce’s quarterly results Wednesday suggests some providers are in better shape than others.Snowflake shares jumped more than 35% to their highest point since December after the database provider said its most-watched sales metric grew 34% during its April quarter from a year-ago, beating the company’s own projection by seven percentage points. Read more ›
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At Apple’s annual developer conference next month, the star of the show will be a series of long-delayed artificial intelligence upgrades to the iPhone. But the company is also expected to emphasize what could be an underrated asset in its efforts to catch up in AI: Its ability to run AI models on the billions of Apple devices in circulation. People familiar with the company’s plans for its Worldwide Developers... Read more ›
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Microsoft next week will unveil a suite of new homegrown AI models at its annual Build conference for app developers in San Francisco. The question is whether it can win over these people.The company plans to unveil a coding model to boost the competitiveness of Microsoft-owned GitHub Copilot, a coding assistant whose early lead in the AI coding market was eroded by Cursor and Claude Code, according to someone with... Read more ›
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SpaceX is committed to renting its data center capacity to Anthropic for 180 days, though it could extend the deal for longer, CEO Elon Musk said Thursday. The comment provides more detail than language in SpaceX’s recent public S-1 filing. That document, which SpaceX published last week ahead ... Read more ›
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Anthropic said Thursday it had raised $65 billion at a valuation of $900 billion before the financing, more than double the valuation in a round closed three months earlier. New investors Micron, Samsung and SK Hynix, which make a key component of AI chips, are investing in the model maker. The ... Read more ›
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Anthropic on Thursday announced its new flagship AI model, Claude Opus 4.8, which showed improvements in standardized AI performance evaluations in coding, financial analysis and other fields. The company also said the model is more likely to flag uncertainties about its work and less likely to ... Read more ›
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On Wednesday, the Illinois House of Representatives passed a bill that will require major AI companies to submit their model safety plans for third-party audits, as well as creating whistleblower protections for those companies’ employees. While Governor JB Pritzker still has to sign the bill ... Read more ›
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Baseten’s talks to raise fresh funding at an $11 billion valuation are the latest sign that investors are betting the messy work of helping developers run AI models can become one of the next big businesses in AI. That boom has lifted a group of companies including Baseten, Fireworks AI, Together AI and Modal. These startups give customers access to GPU capacity and offer software that makes AI models easier... Read more ›
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Microsoft, Databricks, SAP and other AI software providers are fighting over control and access to enterprise data known as the semantic layer, as we reported last week. Semantic layers are essentially a data management tool that companies use to standardize definitions for their business metrics, such as revenue and customers, and are now enabling AI to work more accurately and efficiently inside enterprises.Retailer Lowe’s, for instance, recently began using its... Read more ›
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Customer demand for AI is pouring jet fuel on Dell’s server, storage and networking businesses, as its overall revenue grew 88% to $43.8 billion during its April quarter compared to last year, beating its earlier forecast by more than $8 billion. Excluding items, Dell reported earnings per share ... Read more ›
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03.06.2026 21:00
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