Tech Newss

Zombie nuclear reactors could be revived thanks to AI data center demand

A South Carolina utility wants to restart construction on a power plant that was mothballed eight years ago after running over budget and pushing an iconic American company into bankruptcy.  Hoping to capitalize on the data center power boom, state-owned utility Santee Cooper is looking for p

Databricks closes $15.3B financing at $62B valuation, Meta joins as ‘strategic investor’

Data analytics platform Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation. The San Francisco-based company also added a further $5.25 billion in debt financing, funded by JPMorgan Chase, Barclays, Citi, Goldman Sa

Postman launches an AI agent builder on top of its API platform

Since it was founded in 2014, India-based Postman has made a name for itself as one of the most popular platforms for building and using APIs, with 500,000 organizations now using the service. Like with so many other SaaS services, though, its valuation today is reportedly down from its $5.6 billio

Sales knowledge automation platform 1up gets a third of its customer leads from memes

When George Avetisov was the founder and CEO of cybersecurity startup HYPR, he spent a lot of time in the trenches with the company’s sales team. He quickly realized that regardless of how good his sales team was, they were consistently pulling in other departments to answer customer question

Doti gives enterprises a flexible AI-powered search experience to unlock their data silos

As enterprises look at how they can best leverage AI to increase their employees’ productivity, search is an obvious use case. In most companies, after all, data lives in multiple disconnected silos and the combination of large language models, retrieval augmented generation (RAG), and enterp

Google hit with $12.6M fine in Indonesia for monopolistic practices in payment system

Indonesia's antitrust agency KPPU fined Google 202.5 billion Rupiahs, equivalent to $12.6 million, on Wednesday for antitrust violation related to its payment system services for the Google Play Store. The KPPU ordered the search giant to cease the mandatory use of Google Play Billing in the G

Vertice bags $50M for its AI-powered SaaS spend platform

Vertice has made a name for itself over the years in the crowded world of expenditure management by focusing on applying AI to optimize an area where businesses are sinking hundreds of billions of dollars annually: software and cloud spend. The London-based startup’s business has grown 13x

Microsoft is no longer OpenAI’s exclusive cloud provider

Microsoft was once the exclusive provider of data center infrastructure for OpenAI to train and run its AI models. No longer. Coinciding with the announcement of Stargate, OpenAI’s massive new AI infrastructure deal with SoftBank, Oracle, and others, Microsoft says it has signed a new agree

Amperesand targets data centers as the next big customer for its solid-state transformers

With data centers expected to consume as much as 12% of electricity in the U.S. by 2028, it's no surprise that tech companies are looking for power no matter the source, whether it be nuclear, renewables, or something else entirely. But solar produces a very different type of electric current f

HPE investigating security breach after hacker claims theft of sensitive data

Hewlett Packard Enterprise is investigating a data breach after a well-known hacker claimed to have stolen sensitive information from the company. The hacker, who uses the alias “IntelBroker,” claims to have stolen a trove of data from HPE, the enterprise IT division of hardware giant HP. 

Here are the types of AI companies enterprise VCs want to back in 2025

The AI startup market is sprawling, from companies looking to develop new chips, to those using AI to build robots, to others looking to use AI to create niche solutions for industry-specific workflows. There are a lot of potential areas for venture capitalists to invest in, but there are clearly a

Amazon bought more renewable power last year than any other company

Amazon bought renewable power at a rapid clip last year, adding around 100 new projects and bumping its portfolio to over 33 gigawatts of generating capacity. That's over 10 gigawatts more than its nearest competitor, Apple. The additions made Amazon the largest corporate purchaser of renewabl

Instabase raises $100M to help companies process unstructured document data

Instabase, a company that creates software for extracting and processing unstructured data from myriad document types, has raised $100 million in a Series D round of funding. The announcement comes as companies struggle under a deluge of data — data that can unlock key business insights. Ind

Nord Security founders launch Nexos.ai to help enterprises take AI projects from pilot to production

A new AI orchestration startup from the founders of Lithuanian unicorn Nord Security is setting out to help enterprises put their AI projects into production, with an initial focus on bringing greater visibility, security, and adaptability to large language models (LLMs). Nexos.ai, as the startup