Enterprise

Canva, the design platform, is increasing prices steeply for some customers. And it’s blaming the move in part on generative AI. In the U.S., some Canva Teams subscribers on older pricing plans are seeing the sticker price for a five-person plan jump from $119.99 per year to $500 per year (w

Bootstrapped companies don't come up in startup news as often as those backed by venture capital, as the former don't have shiny funding rounds to flaunt. Fleet is a good example of a company that has never raised outside capital but has been growing steadily. The Paris-based company origi

While scaling and managing teams at two of the largest unicorns in the Middle East and North Africa (MENA) region, Akeed Azmi and David Reche stumbled on what they believed was a $2 billion opportunity. They realized that their former employers at Careem and Kitopi (Reche, the former; while Azm

When the now infamous CrowdStrike software update took down companies all over the world in July, it was inevitable that lawsuits would follow — and follow they have. Delta threatening to sue the company for as much as $500 million in damages and hiring lawyer David Boies is perhaps the highest-p

Let's start with the premise that change is hard for everyone. It's even harder at scale for a large organization. As we've watched large organizations over the last 15 years try to embrace mobile, Big Data, the cloud and general digital transformation, we have seen many of them struggl

A startup whose product competes with GitHub Copilot and other AI-powered coding assistants has achieved unicorn status. On Thursday, Codeium said it closed a $150 million Series C round led by General Catalyst that values the company at $1.25 billion post-money. The round, which also saw particip

Intel has found its first cloud customer for its Gaudi 3 AI accelerator chip: IBM Cloud. IBM and Intel on Thursday said IBM Cloud will begin offering Gaudi 3 to customers early next year. The chip’s accelerators will be available for both hybrid and on-premise environments, and IBM says it p

Reliance Industries, India’s largest company by market capitalization, is not ignoring the AI frenzy that has gripped the tech world. At the company’s 47th annual general meeting on Thursday, Reliance chairman Mukesh Ambani and other executives mentioned AI nearly three dozen times wit

VerSe Innovation — India’s media technology unicorn that owns local language news aggregator Dailyhunt, digital newsstand platform Magzter and short-video app Josh — has made an acquisition to square up to the likes of Google and InMobi in the area of digital marketing. It has sco

San Francisco-based data infrastructure startup Cribl has raised $319 million in a Series E funding tranche led by new investor GV (Alphabet’s corporate venture arm) with participation from GIC, CapitalG, IVP and CRV. Bringing Cribl’s total raised to $600 million, the cash injection val

Planera, a construction-tech startup that offers scheduling and planning software for commercial construction projects, has raised $13.5 million in a new funding round. General contractors typically use legacy software such as Oracle Primavera P6 to manage commercial construction projects. These s

Companies don’t necessarily have to produce breakthrough technology to gain market traction. Undercutting rivals on price can be enough to make a dent in a competitive sector. So can leaning on connections to land customers in need of a timely solution to a problem. A good example of the lat

Red Hat offers a number of major infrastructure platforms, with offerings like the Ansible automation service, the Kubernetes-based OpenShift container platform and the OpenStack platform for those who are looking for an end-to-end service that can manage an entire data center. Last year, the compa

Redis, the company behind the popular in-memory data store, which is often used as a cache, vector database or streaming engine, today announced the launch of Redis 8. With this release, the company is doubling down on Redis as a vector database for AI use cases and launching an AI Copilot the help