Enterprise

When Coverdash, which offers commercial insurance products for startups, tripled the number of embedded distribution partners to over 100 in the past year, CEO Ralph Betesh had a decision to make. He could either keep rolling toward profitability, or raise a venture capital round — which the comm

Developers are adopting AI-powered code generators — services like GitHub Copilot and Amazon CodeWhisperer, along with open access models such as Meta’s Code Llama — at an astonishing rate. But the tools are far from ideal. Many aren’t free. Others are, but only under licens

SambaNova, an AI chip startup that’s raised over $1.1 billion in VC money to date, is gunning for OpenAI — and rivals — with a new generative AI product geared toward enterprise customers. SambaNova today announced Samba-1, an AI-powered system designed for tasks like text rewriti

Consolidation is afoot in the world of HR services, with larger players snapping up interesting, smaller startups en route to more robust unit economics and providing one-stop shops for customers looking to cut down on suppliers. In the latest development, Deel — the $12 billion HR business&n

Back in early 2021, it seemed everything was going right for UiPath. At a time when there were a number of high-flying enterprise startups, UiPath was at the top of the heap when it raised $750 million at a $35 billion valuation. In hindsight it was an outrageous overreach, but it felt pretty good

We've already started to see big M&A, as in multibillion-dollar deals, finally pick up this year after a slow period last year. Today, KKR added to that growing total when it announced it was going to acquire Broadcom's end user computing business for $4 billion. These pieces include VM

When the large cloud providers have excess compute capacity, they tend to discount it through programs like AWS’s and Azure’s spot instances. Any time a server idles, it isn’t making the company money, after all. NodeShift aims to take this concept and expand it well beyond the bi

If you ask Gemini, Google’s flagship GenAI model, to write deceptive content about the upcoming U.S. presidential election, it will, given the right prompt. Ask about a future Super Bowl game and it’ll invent a play-by-play. Or ask about the Titan submersible implosion and it’ll s

Back in 2016, Netflix open sourced Conductor, its microservices orchestration platform, but last December, it announced that it would discontinue maintaining it. Thankfully, for the many companies that rely on it, the creators of Conductor had previously left the company to launch Orkes, a startup

Clumio, a data backup and recovery provider for companies using the public cloud, has raised $75 million in a Series D round of funding. The raise comes as the Santa Clara, California-based company claimed a four-fold increase in annual recurring revenue (ARR) last year, driven by new customers su

Barely a week after launching the latest iteration of its Gemini models, Google today announced the launch of Gemma, a new family of lightweight open-weight models. Starting with Gemma 2B and Gemma 7B, these new models were “inspired by Gemini” and are available for commercial and resea

1Password, the AgileBits-owned password management software developer, today announced that it has acquired Kolide, an endpoint security platform, for an undisclosed amount. According to 1Password CEO Jeff Shiner, Kolide founder and CEO Jason Meller and all of Kolide's 30 employees will join 1P

We've been hearing about the notion of customer experience forever, the idea that we could improve customer interactions with brands digitally. So far, the results have been mixed at best. Sierra, the new startup from Bret Taylor and Clay Bavor, thinks that AI agents could be the next technolog

MariaDB is the subject of another potential takeover bid, as the company behind the eponymous open source relational database management system (RDBMS) confirmed it had received a provisional offer from California-based K1 Investment Management. K1 quietly revealed on Friday that it had tabled what