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Back in 2010, Rackspace and NASA launched a project called OpenStack, which was meant to become an open source option for running an AWS-style cloud inside of private data centers. The two companies then moved OpenStack to the OpenStack Foundation, which has steadfastly shepherded the project throu

Back in 2019, Microsoft open sourced Dapr, a new runtime for making building distributed microservice-based applications easier. At the time, nobody was talking about AI agents yet, but as it turns out, Dapr had some of the fundamental building blocks for supporting AI agents built-in from the outs

Snapchat is introducing its first-ever video generative AI Lenses, the company told technewss exclusively. The Lenses are powered by Snap’s in-house-built generative video model. The three new AI Video Lenses are available to users on the app’s premium subscription tier, Snapchat Plat

Indian police have arrested the co-founder of Garantex, a Russian cryptocurrency exchange sanctioned by the European Union and the U.S. government, under India’s extradition law, technewss has exclusively learned and confirmed with state authorities. At 4 p.m. local time (3:30 a.m. PT) on T

Enterprises have troves of internal data and information that employees need to complete their tasks or answer questions for potential customers. But that doesn’t mean the right information is easy to find. Onyx wants to solve that problem through its internal enterprise search tool. There a

Sometimes the smallest of news items can point to bigger trends lurking beneath the surface. Case in point: Google announced late last month that it has installed 100 million lithium-ion cells across its data centers to provide backup power to its servers. On its own, it's not earth-shattering

A recurring theme in Europe’s tech world is that the region needs its own Google or Microsoft. Now comes the launch of a new fund to support this initiative. Project Europe — a new fund for founders “solving hard problems with technical solutions” — says it has initia

Northvolt filed for bankruptcy in Sweden on Wednesday, the latest blow to Europe's attempts to create a battery manufacturing juggernaut that could rival the Chinese giants. Though the Swedish startup has raised more than $14 billion, it has been running short on cash recently. Northvolt file

La Fourche is just seven years old but it has been quite a rollercoaster for the French startup. During this time, the online grocery retailer has gone through a global pandemic, followed by the rise of venture-backed quick-commerce startups that promised grocery deliveries in less than 15 minutes,

Strong and smart security operations teams are at the heart of any cybersecurity strategy, and today a startup that builds tooling to help keep them on their toes is announcing some funding on the back of a lot of growth. Pentera — which has built a system that launches simulations of network att

Elliot Wolf, the executive producer and son of “Law & Order” creator Dick Wolf, is entering a new venture aimed at engaging true crime fans.  He, along with co-founders Andrew Adashek (CEO) and Noah Rosenberg (CTO), are developing Wolf Games, a new startup that leverages AI to generat

Ditto, a company that’s setting out to bring “resilient” connectivity to edge devices, has raised $82 million in a Series B round of funding at a post-money valuation of $462 million, more than double its Series A valuation from 2023. “Edge,” in the context of Ditto&#

Mobile gaming giant Scopely on Wednesday said it has agreed to acquire Pokémon GO maker Niantic’s gaming division for $3.5 billion. Niantic said that it will add an additional $350 million cash to yield a total value of $3.85 billion to Niantic equity holders. Niantic’s games roster i

Scimplify, an Indian startup that helps pharmaceutical and agricultural companies access a range of specialty chemicals, has raised $40 million in a new funding round co-led by Accel and Bertelsmann India Investments to widen its footprint in the U.S. and reach new markets. The Series B round pegs