IBM to acquire StreamSets and WebMethods from Software AG for $2.3B

IBM is doling out €2.13 billion ($2.3 billion) to acquire a duo of data integration assets from Germany-based enterprise software company Software AG. The all-cash deal will see IBM take ownership of StreamSets, a data integration platform that Software AG had acquired just last year, and WebMeth

The Rule of X and how cloud leaders should think about growth versus profit

As interest rates have returned to historical norms, the world has returned its focus to cost of capital and free cash flow generation. Businesses are working hard to conform to traditional heuristics like Rule of 40 (i.e., the idea that the sum of revenue growth and profit margin should equal 40%+

When it comes to generative AI in the enterprise, CIOs are taking it slow

To hear the hype from vendors, you would think that enterprise buyers are all in when it comes to generative AI. But like any newer technology, large companies tend to move cautiously. Throughout this year, as vendors feverishly announced new generative AI-fueled products, CIOs took note. Some comp

Datalogz raises $5M to deal with your business intelligence sprawl

In recent years, there has been a proliferation of business intelligence tools that aim to help companies make critical business decisions based on data analytics. There’s a catch. As data adoption increases at most companies, they are left with growing administration problems, said Logan Hav

Orkes forks Conductor as Netflix abandons the open source project

Netflix today announced that it is discontinuing its support for Conductor, a popular orchestration engine for microservices the streaming giant open sourced in 2016. With more than 13,000 GitHub stars and thousands of companies that use it as an essential part of their infrastructure, Conductor is

With AI Studio, Google launches an easy-to-use tool for developing apps and chatbots based on its Gemini model

After announcing its family of Gemini models last week and bringing it to its Bard chatbot experience, Google is now bringing Gemini to developers by launching a slew of new and updated services today. One of these services is AI Studio — which was previously known as MakerSuite. AI Studio is

Google’s GitHub Copilot competitor is now generally available and will soon use the Gemini model

Google today announced that Duet AI for Developers, the suite of AI-powered assistance tools for code completion and generation the company announced earlier this year, is now generally available and that it will start making use of Google’s more powerful Gemini model in the coming weeks. Whi

Google brings Gemini Pro to Vertex AI

After coming to Bard and the Pixel 8 Pro last week, Gemini, Google’s recently announced flagship GenAI model family, is launching for Google Cloud customers using Vertex AI. Gemini Pro, a lightweight version of a more capable Gemini model, Gemini Ultra, currently in private preview for a R

Choosing the right deep tech fund manager: 4 essential questions for investors and founders

The world of deep tech investing is exciting. AI and its infinite number of applications are on the rise, gene therapies are curing incurable conditions, lithium-metal batteries are about to be eclipsed by their solid-state counterparts, and robots are on track to becoming as much a part of our day

Guardz collects $18M to expand its AI-based security platform for SMBs

Thanks to advances in AI, small and medium businesses have become a significant target in the world of cybercrime, accounting for roughly half of all breaches worldwide by some estimates. Now, one of the companies building security tools for SMBs has raised a round of funding to expand its business

Kakao names Shina Chung, previously its VC lead, as new CEO amid ongoing crisis 

South Korean internet giant Kakao — in the middle of multiple investigations over antitrust and securities violations — has appointed a new CEO as it tries to turn the ship around. Shina Chung, who had been running the company’s venture arm, is moving to the top role at the compan

Procurement software startup Pivot raises $21.6 million just a few months after its creation

French startup Pivot is an interesting startup story as it is scaling at a rapid pace even though startup investments are down in Europe. After raising a $5.3 million pre-seed round in April (€5 million), the company worked on the first iteration of its procurement tool over the summer. In Septem

Adobe launches Spectrum 2, a new design system for all of its apps

Adobe today launched an update to Spectrum, the design system the company has used as the basis for all of its app and web experiences for the last 10 years. Called Spectrum 2 (no surprise there), this new design system backs off a bit from the austerity of the current Spectrum design and adds quit

Laredo wants to use GenAI to automate dev work

Developers are embracing AI — some surveys suggests, at least. The Q&A site Stack Overflow polled devs on their attitudes toward code-generating AI tools and found that the vast majority were quite positive. Seventy-seven percent of developers feel favorably about using AI in their workfl