Enterprise

The European Commission (EC) has given the green light for Synopsys to acquire Ansys, though the companies must sell off various software products as part of the proposed remedies. Chip design software maker Synopsys revealed last January its plans to acquire Ansys, a simulation software develo

Businesses dependent on the physical supply chain — the network of facilities and transportation systems used to move materials from one location to another — face a number of challenges, from staff shortages to increasing customer expectations. The pressures aren’t easing up. According t

Developers Max Brodeur-Urbas and Rahul Behal think that AI has the potential to automate lots of business-relevant tasks, but that many of the AI-powered automation tools on the market today are unreliable and costly. Part of the problem is that users expect too much of AI, Brodeur-Urbas told TechC

On Tuesday, Amazon Web Services (AWS), Amazon’s cloud computing division, said that it plans to invest “at least” $11 billion in Georgia to expand its infrastructure to support various cloud computing and AI technologies. AWS estimates that its investment will create roughly 550

Back in the 1950s, the U.S. started detonating nuclear bombs underground to limit the fallout, both radioactive and sociopolitical, unleashed by aboveground testing. Hundreds of feet of rock formed a tidy barrier for the next 40 years as countries continued to bomb the subsurface. Now a nuclear st

In 2007, Jesse Burgess joined his family’s payroll business. He quickly noticed that the business’ six payroll clerks were getting bogged down by repetitive, monotonous tasks. So he sought to streamline those tasks by creating workflow automation tools. Several years later, Burgess sen

Nvidia is getting into world models — AI models that take inspiration from the mental models of the world that humans develop naturally.  At CES 2025 in Las Vegas, the company announced that it is making openly available a family of world models that can predict and generate “phy

Qualcomm is making a move for the mid-range PC market with a new system-on-chip. At the Consumer Electronics Show in Las Vegas, Qualcomm unveiled Snapdragon X, the latest chip in its Snapdragon X Series of PC processors. The company claims that the chip, built on a 4nm fabrication process, deliver

Fresh off of its worst year since going public in 1971, Intel is announcing new chips at CES 2025 that it hopes will turn its fortunes around. The product announcement is Intel’s largest since the company’s board of directors forced out CEO Pat Gelsinger. That’s not the only reas

One last mega-deal closed out an eventful 2024. On Tuesday, World Wide Technology (WWT), a tech services company based in St. Louis, announced it has agreed to acquire Canadian IT provider Softchoice in a deal that values the latter at $1.8 billion CAD (~$1.25 billion). The deal,

While AI is lauded by some as the biggest technological breakthrough since the industrial revolution, enterprises — arguably the tech’s biggest potential customer base — have been slow to adopt AI. While some investors predicted that 2024 would be the year we’d start to see more AI

It has been a busy year in the private equity realm, with countless big-money acquisitions unfolding. The take-private space specifically has seen some sizable transactions, with private equity firms spearheading more than a dozen billion-dollar deals for public tech companies. London-headquartere

Updated December 25, 12:21 p.m. Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round. The company announced this week that Andreessen Horowitz , Blackrock, F

Coralogix, the well-funded observability platform, on Monday announced that it has acquired Aporia, a startup that focuses on giving businesses tools to observe and secure their AI workloads, as well as set guardrails for them to avoid hallucinations or unintended disclosures. As part of this acqui