Tinybird raises another $30 million to transform data into real-time APIs

Tinybird is not so tiny anymore. The enterprise data startup technewss first covered three years ago has been growing at a rapid pace and recently raised a $30 million Series B funding round. According to a source, the company is now valued at $240 million. Originally from Madrid and now also bas

Amazon says it’ll spend $230 million on generative AI startups

Amazon says that it will commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon’s second AWS Generative AI Accelerator program, aims to position AWS as an attractive cloud infrastructure choice for star

Databricks expands Mosaic AI to help enterprises build with LLMs

A year ago, Databricks acquired MosaicML for $1.3 billion. Now rebranded as Mosaic AI, the platform has become integral to Databricks’ AI solutions. Today, at the company’s Data + AI Summit, it is launching a number of new features for the service. Ahead of the announcements, I spoke to

Databricks launches LakeFlow to help its customers build their data pipelines

Since its launch in 2013, Databricks has relied on its ecosystem of partners, such as Fivetran, Rudderstack, and dbt, to provide tools for data preparation and loading. But now, at its annual Data + AI Summit, the company announced LakeFlow, its own data engineering solution that can handle data in

Restate raises $7M for its lightweight workflows-as-code platform

When one of the co-creators of the popular open source stream-processing framework Apache Flink launches a new startup, it’s worth paying attention. Stephan Ewen was among the founding team of the open source project back in 2010 and then later became the CTO of Data Artisans, which aimed to

Black Semiconductor nabs $273M in Germany to supercharge how chips work together

Tech sovereignty has become a looming priority for a number of nations these days, and now, with the demand for compute power at its highest thanks to the uptake of newer technologies like artificial intelligence, a startup working in semiconductors has received a major boost in aid of that effort

Sources: Wasoko-MaxAB e-commerce merger faces delays amid headwinds in Africa

Last December, Nairobi’s Wasoko and Cairo-based rival MaxAB — two B2B e-commerce startups that enable retailers to order fast-moving consumer goods (FMCG) from suppliers via their respective apps — announced a planned “merger of equals.” The aim was clear: create bette

Autonomy’s Mike Lynch acquitted after US fraud trial brought by HP

Former Autonomy chief executive Mike Lynch issued a statement Thursday following his acquittal of criminal charges, ending a 13-year legal battle with Hewlett Packard that became one of Silicon Valley's biggest fraud cases. He was accused of falsely inflating revenues at the U.K. startup ahead

What Snowflake isn’t saying about its customer data breaches

Snowflake’s security problems following a recent spate of customer data thefts are, for want of a better word, snowballing. Ticketmaster was the first company to link its recent data breach to the cloud data company Snowflake, and loan comparison site LendingTree has now confirmed its QuoteW

Bain to take K-12 education software provider PowerSchool private in $5.6B deal

Cloud-based education software vendor PowerSchool is being taken private by investment firm Bain Capital in a $5.6 billion deal. The acquisition is the latest in a swathe of take-private deals led by private equity firms seeking a bargain on underperforming enterprise software firms.

Atlassian now gives startups a year of free access

Long before product-led growth became a buzzword, Atlassian offered free tiers for virtually all of its productivity and developer tools. Today, that mostly means free access for up to 10 users and some other limitations. For startups, that’s a good way to get started with the company’s

Tektonic AI raises $10M to build GenAI agents for automating business operations

Only a few years ago, one of the hottest topics in enterprise software was ‘robotic process automation’ (RPA). It doesn’t feel like those services, which tried to automate a lot of repetitive business processes, ever quite lived up to their promise. The rise of generative AI, howe

Sirion, now valued around $1B, acquires Eigen as consolidation comes to enterprise AI tooling

There’s a lot of buzz about generative AI and what impact it might have on businesses. But look beyond the hype and high-profile deals like the one between OpenAI and PwC last week, and you’ll see that the world is already years into using customer-facing, no-code AI tools for extractin

Cube is building a ‘semantic layer’ for company data

A growing number of businesses are embracing data models — abstract models that organize elements of data and standardize how they relate to one another. But as the data analytics and AI boom drives organizations to expect more of data models, many of the old paradigms are proving difficult t