Nscale, an upstart cloud provider heavily backed by Nvidia whose customers include OpenAI and Microsoft, is in talks to take control of one of the largest available sites for AI data centers in the U.S., according to people with knowledge of the talks and fundraising documents viewed by The Information. A deal to buy the site, located in West Virginia, would make the young U.K.-based cloud provider a major force... Read more ›
0
Google completed its $32 billion purchase of Wiz this week, finalizing a real windfall for those who invested in the cybersecurity startup. But even the tech investors who missed out on backing Wiz stand to benefit.After many years of regulatory challenges from the U.S. and abroad, the ability for a big tech company to complete a mega deal flashes a green light for others to follow. Read more ›
0
BuzzFeed is “exploring strategic options” to close the gap between its roughly $26 million market capitalization and what executives see as the value of the digital media firm’s assets, the company said Thursday. BuzzFeed shares fell 10% in after-hours trading. BuzzFeed CFO Matt Omer said in a ... Read more ›
0
Adobe announced that Shantanu Narayen is planning to step down as CEO after 18 years as soon as the company finds his successor. It’s the latest example of software firms shaking up their leadership as they deal with the threat posed by artificial intelligence. Narayen, who turns 63 in May, ... Read more ›
0
Investors’ fears that AI could dampen spending on traditional business applications have wreaked havoc on the shares of companies like Salesforce, ServiceNow and Workday. But Oracle executives this week cited how businesses can use Oracle’s AI tools as evidence that Oracle is immune to the so-called Saaspocalpyse. On an earnings call earlier this week, executive chair and CTO Larry Ellison said hospitals can add AI agents to their Oracle applications... Read more ›
0
PayPay shares rose nearly 20% in the Japanese mobile payment app’s debut in the U.S. stock market Thursday, before closing with a 13% gain and market cap of TK. The company raised almost $880 million in the IPO, including shares sold by investor SoftBank, making it the biggest listing ever ... Read more ›
0
Elon Musk’s xAI is hiring two senior Cursor leaders as part of an effort to catch up with AI rivals in coding, according to a person with direct knowledge of the move. The pair, Andrew Milich and Jason Ginsberg, will both report to Musk, the person said. The move follows a string of high-level departures at xAI, including the majority of its co-founders, and comes as Musk says the company’s... Read more ›
0
Zihang Dai, a co-founder of xAI, has left Elon Musk’s artificial intelligence firm, Business Insider reported on Thursday, the latest in a string of high-profile exits this year. Another co-founder, Guodong Zhang, is also planning to leave, the report said. After both reported departures, xAI ... Read more ›
0
Microsoft Executive Vice President Rajesh Jha, who oversees the business unit that includes Windows, Office, and Microsoft’s Surface devices, will retire July 1, he said in a memo to staff Thursday. Jha has spent more than 35 years at Microsoft, including two decades at the helm of the company’s ... Read more ›
0
Salesforce raised $25 billion in bonds, the company confirmed, and has struck deals with “financial institutions” to buy back that much in stock. A $25 billion buyback would shrink Salesforce’s outstanding shares by about 13%. Salesforce shares were trading up 3.4% on Thursday morning. Such ... Read more ›
0
Enthusiasm for OpenClaw, the popular open-source software for powering personal AI agents using personal computers, has been tempered by a number of embarrassing security snafus, such as when OpenClaw started mass-deleting emails from Meta alignment director Summer Yue’s inbox.In China, where developers are arguably even more enthusiastic about OpenClaw than their Western counterparts, government agencies ​and state-owned enterprises have warned their employees against installing OpenClaw agents on office d Read more ›
0
Shortly after Tyler and Cameron Winklevoss took their crypto exchange public last fall, they celebrated the company’s expansion in Australia with a swanky party at a greenhouse in Sydney’s Royal Botanic Garden. The Winklevoss twins appeared via video link before a DJ played for a throng of supporters. “We’re in Australia for good,” James Logan, the new head of Australia for the crypto exchange, Gemini Space Station, said on social... Read more ›
0
AI coding startup Cursor is in discussions with investors to raise a funding round that could value the startup at $50 billion, Bloomberg reported on Wednesday. The discussions are preliminary and may not result in a funding deal, the report said. Cursor last raised $2.3 billion at a $29.3 ... Read more ›
0
Anthropic is in talks with a consortium of private equity firms including Blackstone and Hellman & Friedman about forming an AI-focused joint venture to sell the Claude maker’s technology to companies funded by the investment firms, The Information reported on Wednesday. The proposed joint ... Read more ›
0
Anthropic is in talks with a consortium of private equity firms including Blackstone and Hellman & Friedman about forming an AI-focused joint venture to sell the Claude maker’s technology to companies funded by the investment firms, according to a person involved in the discussions and another person who was briefed about it. The recent conflict between the Department of Defense and Anthropic temporarily impacted the joint venture discussions, one of... Read more ›
0
If you’re in need of a billion or two in cash, why not hit up Jensen Huang? The Nvidia CEO has plenty of money to spare, particularly if you’re in business with him in some way. Nvidia’s announcement on Wednesday that it was putting $2 billion into Nebius, a European AI data center developer, was the fourth investment in a business partner Nvidia has announced this month. Earlier this week... Read more ›
0
Atlassian, which sells software that lets developers and other business teams collaborate on projects, is laying off around 1,600 employees, or around 10% of its staff, CEO Mike Cannon-Brookes announced in a blog post. Few companies have been harder hit by investors’ fears over the ... Read more ›
0
AI customer service software provider Zendesk is acquiring Forethought, a nine-year-old startup that is one of its industry partners and competitors, for an undisclosed sum. The deal shows how larger firms are snapping up smaller rivals that develop AI agents that can perform multi-step tasks ... Read more ›
0
Binance.US, the American crypto platform founded and majority owned by Changpeng Zhao, said it has hired Stephen Gregory as its new chief executive officer, as it doubles down on the U.S. market. The move is a signal that Binance.US plans to expand after resolving regulatory and banking troubles ... Read more ›
0
Google has completed its $32 billion acquisition of the cybersecurity startup Wiz, the companies announced on Wednesday. Wiz will become part of Google Cloud, but Wiz customers can continue to use different cloud providers. The deal, Google’s largest-ever acquisition, was announced almost a year ... Read more ›
0
Most popular sources
MacRumors
|
0% |
Tech Wire Asia
|
0% |
ScienceDaily
|
0% |
Sifted
|
0% |
EU-Startups
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
06.05.2026 14:29
Last update: 14:15 EDT.
News rating updated: 21:23.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.