Enterprise

The CEO of Amplitude is glad that his company went public in 2021, despite a sharp contraction in the value of tech shares since its IPO. In a wide-ranging conversation on technewss’s Equity Podcast, Spenser Skates, who also co-founded Amplitude, told me that going public was the “tota

Apica, a 17-year-old Swedish company, helps companies test applications using synthetic data. Today, Apica announced it has acquired Logiq.ai to help expand beyond purely testing into post-production monitoring, an approach that should enable companies to improve their synthetic dataset based on th

Vector databases are the unsung heroes of the modern AI movement, storing unstructured data such as images, videos and text to enable people and systems to search uncategorized content. They are particularly integral to large language models (LLMs) such as GPT-4 (which powers ChatGPT), owing in lar

DynamoFL, which offers software to bring large language models (LLMs) to enterprises and fine-tune those models on sensitive data, today announced that it raised $15.1 million in a Series A funding round co-led by Canapi Ventures and Nexus Venture Partners. The tranche, with had participation from

Intel has called time on its plan to acquire contract chipmaker Tower Semiconductor, citing its inability “to obtain in a timely manner the regulatory approvals required under the merger agreement.” Chip giant Intel first announced it was planning to buy the Israeli company for $5.4 bil

Nobody loves managing configuration files for their applications, and as systems get ever more complex and distributed, errors — and the potential security issues that come with them — can easily multiply. Infrastructure-as-code has gone mainstream over the course of the last few years,

After the big companies conducted mega layoffs at the beginning of this year, it would be natural to think that the tech unemployment rate would skyrocket. If we think about tech jobs as purely IT, engineering and developer kinds of roles, then those jobs are definitely still in demand and less aff

Exchange rate volatility has long been a major headache for cross-border businesses. Historically, companies have sought protection by purchasing foreign exchange (FX) insurance or options, but most of these financial products operate like giant “black boxes”, Finofo‘s co-founder

The demand for conversational AI — mostly chatbots — has arguably never been higher, riding the publicity wave of systems like OpenAI’s ChatGPT. Last year, Gartner predicted that one in 10 agent-customer exchanges will be automated by 2026, an increase from the estimated 1.6% of c

Anthropic, an artificial intelligence startup co-founded by former OpenAI leaders, will receive $100 million in funding from one of the biggest mobile carriers in South Korea, SK Telecom (SKT), the telco company announced on Sunday. The funding news comes three months after Anthropic raised $450

The fallout from Red Hat’s recent decision to make it harder to access the source code of its flagship Red Hat Enterprise Linux (RHEL) distribution continues. A number of Linux distributions, including Alma Linux, Rocky Linux and Oracle Linux, based their distributions on RHEL. When Red Hat c

Tracer, a platform that attempts to consolidate an organization’s data sources and enrich them with business insights, today announced that it raised $18.1 million in a Series A funding round co-led by NewRoad Capital Partners, Progress Ventures, and BDMI with participation from S4S Ventures

Veza, a platform that helps to secure identity access across apps, data systems and cloud infrastructure, today announced that it raised $15 million in a funding round led by Capital One Ventures and ServiceNow — valuing the company at $415 million. Bringing Veza’s total raised to $125

There is yet more M&A coming out of the security industry. In the latest development, Check Point, the enterprise cybersecurity company, has picked up Perimeter 81 to beef up its tools for remote and hybrid workers. Check Point will pay around $490 million on a “cash free, debt free”