Coder, a startup making software for developers to build and run code from local devices to the cloud, raised $90 million in a Series C funding round led by private equity firm KKR, the company said Wednesday. Qube Research and Technologies, a London-based quantitative investment firm, and ... Read more âș
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Iran on Tuesday threatened to attack the facilities of U.S. tech companies across the Middle East in what it called retaliatory strikes for the U.S.âs efforts to kill Iranian leadership. In a statement Tuesday, Iranâs government-owned Tasmin News Agency said that its military would start strikes ... Read more âș
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Happy days are here again! Stocks have rallied, thanks to upbeat headlines concerning the Iran war. Donât get too comfortableâthings are likely to change quickly. In fact, the Iranians are threatening to attack U.S. tech facilities in the Middle East. Meanwhile, we got news today on a variety of fronts concerning Microsoft, Nvidia and Anthropic (see below for more details). Among other things, OpenAI finalized its big funding round, announcing... Read more âș
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Sequoia Capital on Tuesday named Doug Leone, an investor who has been at the firm since 1988, as chairman. After stepping back from making new investments in 2022, Leone will once again participate in new deals, the firm said. A person familiar with Leoneâs thinking said that he has more time to ... Read more âș
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Sequoia Capital on Tuesday named Doug Leone, an investor who has been at the firm since 1988, as chairman. After stepping back from making new investments in 2022, Leone will once again participate in new deals, the firm said. Read more âș
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As rogue AI agents cause security problems and product outages even at sophisticated companies such as Meta and Amazon, major firms such as ServiceNow as well as startups are developing new AI to monitor and stop them.The new AI, also known as guardian AI agents, comes in the form of a cloud application and can be laborious to set up. To use a guardian AI app, customers need to connect... Read more âș
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Three executives were at a health and fitness industry conference last March, but it was in Las Vegas, so they were drinking old-fashioneds when they hatched a cross-border deal to create a fitness company worth $7.5 billion that spanned subscription and scheduling apps, plus equipment.The three whiskey drinkers were Fritz Lanman, CEO of Playlist, the company behind fitness subscription apps ClassPass and Mindbody; Philipp Roesch-Schlanderer of Munich-based Egym, which makes... Read more âș
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Nvidia said it has invested $2 billion in chip maker Marvell as part of a âstrategic partnershipâ in which Marvell will supply chips that work with Nvidia technology. The investment is the latest in a series Nvidia has made latelyâtypically at around $2 billionâwith companies that work with the ... Read more âș
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OpenAI has secured commitments for its latest funding round totaling $122 billion at a valuation of $830 billion before the financing, the company announced on Tuesday. The total is about $22 billion over its initial target of $100 billion, which The Information first reported. SoftBank and ... Read more âș
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Bobby Hollis, a Microsoft vice president in charge of procuring energy for its data centers, has left the company for a new opportunity, he said Tuesday in a LinkedIn post. Hollis joined Microsoft three years ago, coinciding with the start of an artificial intelligence boom requiring the company ... Read more âș
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Oracle is laying off thousands of employees, CNBC reported. The move comes as the companyâs substantial spending on AI data centers has eaten into its cash reserves, prompting it to issue tens of billions of dollars in debt. The company began the cuts on Tuesday in emails to employees citing âa ... Read more âș
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Anthropic mistakenly leaked some of the source code underlying its Claude Code application, the company said on Tuesday. The leak revealed new details about how the popular AI coding tool works and potential unreleased models and features. Developers noticed early Tuesday morning that Anthropic ... Read more âș
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Activist investor Irenic Capital Management called on Snap CEO Evan Spiegle to make âmeaningful changesâ in how the company is run, in hopes of lifting its faltering stock price from its current price of below $4. Irenic estimated Snap stock could be worth above $26 a share. Irenic, whose ... Read more âș
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Itâs not just software stocks that have been hammered by investor anxieties about the threat AI poses to software. Prices that investors are willing to pay for syndicated bank debt to software firms dropped nearly 7% in March from the previous year, according to Pitchbook, while prices for similar loans in other sectors fell fractionally. That big price drop is a sign that investor demand for debt from riskier software... Read more âș
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Chinese AI model developer Zhipu said its revenue last year more than doubled to 724 million yuan ($105 million), while its net loss widened sharply due to growing research and development expenses. The earnings report was Ziphuâs first since it went public in Hong Kong in January under the ... Read more âș
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Ailing shoemaker Allbirds agreed to sell itself for just $39 million, an ignominous end to the once-trendy venture-backed shoe firm that went public in 2021 with a valuation as high as $4 billion. Allbirds has been suffering declining sales for several years. On Tuesday it reported its full-year ... Read more âș
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Despite OpenAIâs decision to shutter Sora, other AI video developers arenât giving up. Instead, theyâre finding interesting new ways to make money from their video-generating models.Take LTXâa spinoff from Lightricks, the company behind the popular image editing app Facetuneâwhich in January launched open-source AI software for video generation and editing that can run on a single laptop.People often use âopen-sourceâ and âfreeâ interchangeably, but itâs not unheard of for developers... Read more âș
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Amazon Leo, the companyâs upcoming alternative to SpaceXâs Starlink internet service, will power wifi on 500 Delta Air Lines planes, the companies said on Tuesday. Delta Air Lines currently offers wifi from Viasat and Echostarâs HughesNet, two satellite connectivity services that have been ... Read more âș
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The U.K.âs Competition and Markets Authority will investigate Microsoftâs sales of business software, the regulator said on Tuesday, citing concerns that Microsoftâs software licensing practices have reduced competition in the cloud computing market. The probe will last six months, after which ... Read more âș
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Whether professional investors think SpaceX is the stock of a lifetime or a grossly overvalued Elon Musk conglomerate, they will be under intense pressure to buy into its initial public offering at a $1 trillionâplus valuation. The most important question for many of them will be: Can I really afford to sit this out? Heightening Wall Streetâs fear of missing out was Nasdaqâs approval on Monday to loosen the rules... Read more âș
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28.04.2026 08:18
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