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If you’re in need of a billion or two in cash, why not hit up Jensen Huang? The Nvidia CEO has plenty of money to spare, particularly if you’re in business with him in some way. Nvidia’s announcement on Wednesday that it was putting $2 billion into Nebius, a European AI data center developer, was the fourth investment in a business partner Nvidia has announced this month. Earlier this week the...
Atlassian, which sells software that lets developers and other business teams collaborate on projects, is laying off around 1,600 employees, or around 10% of its staff, CEO Mike Cannon-Brookes announced in a blog post. Few companies have been harder hit by investors’ fears over the ...
AI customer service software provider Zendesk is acquiring Forethought, a nine-year-old startup that is one of its industry partners and competitors, for an undisclosed sum. The deal shows how larger firms are snapping up smaller rivals that develop AI agents that can perform multi-step tasks ...
Binance.US, the American crypto platform founded and majority owned by Changpeng Zhao, said it has hired Stephen Gregory as its new chief executive officer, as it doubles down on the U.S. market. The move is a signal that Binance.US plans to expand after resolving regulatory and banking troubles ...
Google has completed its $32 billion acquisition of the cybersecurity startup Wiz, the companies announced on Wednesday. Wiz will become part of Google Cloud, but Wiz customers can continue to use different cloud providers. The deal, Google’s largest-ever acquisition, was announced almost a year ...
Federal Communications Commission Chair Brendan Carr attacked Amazon in a Wednesday social media post after the company petitioned against a request by SpaceX for permission to launch one million satellites into space to create an orbital data center constellation. While it’s common practice in ...
Tesla and xAI are working together on a joint artificial intelligence project, Elon Musk said Wednesday. The move, which comes after turnover at xAI, is the latest shift in Musk’s plan to build AI designed to replace white collar workers. In a X post, Musk said “Macrohard or Digital Optimus is a ...
Microsoft is in advanced talks to lease hundreds of megawatts of data center capacity at a closely watched artificial intelligence campus in Abilene, Texas, after rival Oracle walked away from the same opportunity, according to a person with direct knowledge of the discussions and another person briefed about it.
Meta Platforms is also in talks to lease the site, The Information previously...
Shopify Chief Financial Officer Jeff Hoffmeister said the e-commerce software company wasn’t yet seeing many transactions completed by AI shopping tools, even though shoppers are increasingly using chatbots to look for product recommendations. “As you think about true agentic commerce and how ...
Nvidia will invest $2 billion in Amsterdam-based AI cloud company Nebius Group and the two companies will work together to build data centers using 5 gigawatts of energy by the end of the decade. The deal, announced by both companies Wednesday, adds to the growing tally of investments ...