Enterprise

AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many workers have been impacted by the reduction — and which divisions. AMD had roughly 26,000 employees as of last year, according to the company's

Nokia, once the world’s biggest mobile phone company but now mainly a provider of infrastructure and services to carriers, has made an acquisition in its bid to be a bridge between the worlds of tech and telecoms. It’s acquiring Rapid, formerly known as RapidAPI, a startup that operates

DeepL has made a name for itself with online text translation it claims is more nuanced and precise than services from the likes of Google — a pitch that has catapulted the German startup to a valuation of $2 billion and more than 100,000 paying customers. Now, as the hype for AI services contin

Prelude is a relatively new French startup that focuses on SMS verification; it’s announcing new funding from Singular and Seedcamp on Wednesday. The two founders met when they were working for Zenly, a popular location-sharing app with tens of millions of users that was acquired by Snap (and

Dapr, the Microsoft-incubated open source runtime for helping developers build secure and resilient distributed applications, has graduated from the Cloud Native Computing Foundation’s (CNCF) pool of incubating projects to become a top-level project at the same level of projects like Kubernet

Luxembourg-based SUSE has long offered various services around its various Linux- and cloud-centric infrastructure and security tools. Yet what the company didn’t really offer before was a more traditional SaaS product. That’s changing now with the early access launch of SUSE Cloud Obse

Knowing how your cloud application will behave in production usually requires significant development and testing in the environment in which it will be deployed, be that AWS, Azure, Google Cloud, or wherever. But this can be a resource-intensive endeavor, particularly with issues relating to laten

Red Hat, the IBM-owned open source software firm, is acquiring Neural Magic, a startup that optimizes AI models to run faster on commodity processors and GPUs. The terms of the deal weren’t disclosed. MIT research scientist Alex Matveev and professor Nir Shavit founded Somer

Enterprise spending on cloud services continues to go up, up, up — to the tune of $675 billion this year — thanks to organizations' firm embrace of software-as-a-service, the popularity of distributed working, and the arrival of compute-intensive tech like AI. A startup called PointFive be

It was 2020, and Nicolas Orban, Stéphane Derosiaux, and Stéphane Maarek were beyond frustrated with Apache Kafka. The tool for handling real-time data streams simply couldn’t keep up with the trio’s engineering needs — particularly during the pandemic, when companies were rushing to

A founder who was an early mover in the race to build autonomous vehicles has raised $15 million for his next act: a startup that claims its AI can write enterprise software on its own. Cogna — as the U.K.-based startup is called — is led by Ben Peters, the technical co-founder of Five AI, a s

A dearth of funding for vital open source technologies is leading to a swath of support from startups, unicorns, corporations, and even venture capital firms. Last year, Bloomberg launched its FOSS (free and open source software) fund, committing up to $90,000 per year to various projects. And in

These days, it seems like every company either wants to or is already offering an AI product or service. For startups building an AI product in this space, it’s a really good time, but they aren’t without their challenges — the tech is still early, and though many companies are intere

Symbiotic Security, which is announcing a $3 million seed round today, watches over developers as they code and points out potential security issues in real time. Other companies do this, but Symbiotic also emphasizes the next step: teaching developers to avoid these bugs in the first place. Ideal