Observe, the data observability platform, raises $115M with Snowflake investing
Enterprises today store and use data across an ever-growing number of applications and locations, making it challenging — if not impossible — to manage and query that data in a holistic way. That spells opportunity for startups building tools to stitch together that fragmentation, and t
Databricks spent $10M on new DBRX generative AI model
If you wanted to raise the profile of your major tech company and had $10 million to spend, how would you spend it? On a Super Bowl ad? An F1 sponsorship?
You could spend it training a generative AI model. While not marketing in the traditional sense, generative models are attention grabbers ̵
Adobe’s Firefly Services makes over 20 new generative and creative APIs available to developers
Adobe today announced Firefly Services, a set of more than 20 new generative and creative APIs, tools and services. Firefly Services makes some of the company’s AI-powered features from its Creative Cloud tools like Photoshop available to enterprise developers to speed up content creation in
With Affinity acquisition, Canva should be able to compete better with Adobe’s creative tools
Canva, the high-flying Australian design and visual communication startup, announced today it was acquiring Affinity (formerly Serif), a creative tools company based in the U.K. Bloomberg reported that the deal was worth several hundred million pounds (approximately $380 million U.S.), and the comp
Adobe’s GenStudio brings brand-safe generative AI to marketers
Brands want to use generative AI to personalize their marketing efforts — but they are also deathly afraid of AI going off message and ruining their brand. At its annual Summit conference in Las Vegas, Adobe today announced GenStudio, a new application that helps brands create content and mea
AI and data infrastructure drives demand for open source startups
A new report highlights the demand for startups building open source tools and technologies for the snowballing AI revolution, with the adjacent data infrastructure vertical also heating up.
Runa Capital, a venture capital (VC) firm that left Silicon Valley and moved its HQ to Luxembourg in 2022, h
London regtech GSS raises $47M to help banks screen for global sanctions
Global Screening Services (GSS), a London-based regulatory compliance platform that helps financial institutions meet their global sanctions obligations, has raised $47 million in a round of funding.
The raise comes amid a spike in economic sanctions, with the U.S. issuing trade restrictions and as
Nvidia could be primed to be the next AWS
Nvidia and Amazon Web Services, the lucrative cloud arm of Amazon, have a surprising amount in common. For starters, their core businesses emerged from a happy accident. For AWS, it was realizing that it could sell the internal services — storage, compute and memory — that it had created for it
Microsoft really wants to talk about Copilot
Microsoft announced two new Surface devices and a slew of new accessories at a virtual event today, but the first part of the presentation focused squarely on how its AI Copilot is getting integrated ever deeper into Windows. For the most part, however, this was a hardware event with some enterpris
Redis switches licenses, acquires Speedb to go beyond its core in-memory database
Redis, the popular in-memory data store, is switching away from the open source three-clause BSD license. Instead, in a move that is clearly aimed to prevent the large cloud providers from offering free alternatives to Redis’ own hosted services, Redis will now be dual-licensed under the Redi
GitHub’s latest AI tool can automatically fix code vulnerabilities
It’s a bad day for bugs. Earlier today, Sentry announced its AI Autofix feature for debugging production code and now, a few hours later, GitHub is launching the first beta of its code-scanning autofix feature for finding and fixing security vulnerabities during the coding process. This new f
ServiceNow is developing AI through mix of building, buying and partnering
Every enterprise software company out there is working to bring more workflow automation and AI to the platform. ServiceNow has been on this journey for some time now, and given the kind of data it collects via interactions on its platform, it's building more refined models.
Part of the shift t
Sentry’s AI-powered Autofix helps developers quickly debug and fix their production code
Sentry has long helped developers monitor and debug their production code. Now, the company is adding some AI smarts to this process by launching AI Autofix, a new feature that uses all of the contextual data Sentry has about a company’s production environment to suggest fixes whenever an err
Quilt is building AI assistants for solutions teams
The job of so-called “solutions professionals” — people like sales engineers, solutions architects and consultants — revolves around pitching complex enterprise tech to potential customers. It’s important work. But despite this being the case, rarely are solutions team