Most startups raise money because they need it. NinjaOne has just raised more than $400m to make the opposite point. The Austin-based IT-operations company said on Tuesday that a fresh round of Series C extensions has more than doubled its valuation to…
Intel will arrive at Computex 2026 in Taipei on 2 June with something it has not had in a decade: a product in every computing category built on a single manufacturing story. Panther Lake, the laptop chip launched at CES in January, is expanding to han…
Lerrel Pinto co-founded Fauna Robotics, a startup that built an approachable bipedal robot called Sprout. He left in 2025. Amazon acquired Fauna in March, along with its 50 employees and its $50,000, three-and-a-half-foot-tall dancing humanoid, to ente…
Nebius Group, the Dutch cloud computing company that split from Russian internet provider Yandex in 2024, has agreed to acquire Eigen AI for approximately $643 million in stock and cash. The deal, announced on 1 May, is for a 20-person startup founded …
OpenAI called the report “prime clickbait.” It said its business is “firing on all cylinders.” It issued a joint statement from CEO Sam Altman and CFO Sarah Friar declaring they are “totally aligned.” None of it worked. On Tuesday, after the Wall Stree…
Amazon Web Services announced a set of AI-powered business applications on Tuesday that move the company from selling cloud infrastructure to selling the software that runs on it, a strategic shift that puts Amazon in direct competition with Microsoft,…
Amazon Web Services will begin selling OpenAI’s models to its cloud customers, the company announced on Tuesday, one day after Microsoft agreed to end the exclusive reselling arrangement that had given Azure sole access to OpenAI’s technology for the f…
Summary: Google rebranded and consolidated its AI platform at Cloud Next 2026, renaming Vertex AI to the Gemini Enterprise Agent Platform and absorbing Agentspace into a unified Gemini Enterprise product. The announcements include Workspace Studio (no-…
Summary: Google is in talks with Marvell Technology to develop two new AI chips – a memory processing unit and an inference-optimised TPU – adding a third design partner alongside Broadcom and MediaTek in its custom silicon supply chain. The discussion…
Christian Weedbrook, the founder and CEO of Toronto-based Xanadu Quantum Technologies, became a billionaire this week without NVIDIA investing a single dollar in his company. His 46.4 million multiple-voting shares were worth approximately $1.5 billion…