Ramp Raises $500 Million to Fund Financial Automation AI Agent
Expense management startup Ramp is reportedly now a $22.5 billion company.
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The company, which uses artificial intelligence (AI) for financial automation, achieved that val...
Nice Buys Conversational AI Startup Cognigy for $955 Million
Conversational AI startup Cognigy is being acquired by Nice, a provider of software in customer experience and compliance, for $955 million.
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Cognigy’s generative and agent...
Nvidia orders 300K H20 chips as China demand soars
Nvidia has placed a new order with TSMC for 300,000 H20 AI GPUs following unexpectedly strong demand from Chinese technology companies, according to Reuters. This decision comes after the Trump admini...
Meta’s wristband lets you type in the air with muscle signals
Meta has engineered a wristband that enables users to type and interact with digital devices without physically touching a screen. This innovative device is designed to interpret the subtle intentions...
Microsoft pushes for AGI-proof deal with OpenAI
Microsoft and OpenAI are reportedly engaged in advanced discussions concerning a new agreement. This agreement aims to secure Microsoft’s continued access to OpenAI’s technology, even in the event...
Europe’s $30B AI push targets U.S. and China’s lead
The European Union has unveiled a $30 billion initiative aimed at constructing high-capacity AI data centers. This project seeks to bolster the EU’s standing in the global AI market, which currently...
Mavenir exits $1.3B debt, bets big on AI-native telco stack
Mavenir Telecom has completed a recapitalization, eliminating over $1.3 billion in debt. This action provides $300 million in new financing and establishes Siris Capital as the controlling shareholder...
This is a major engineering breakthrough for the Exynos 2600
Samsung is reportedly enhancing its Exynos chip technology. The company has developed a Heat Pass Block (HPB) to improve cooling in its Exynos 2600 processor, which has demonstrated promising performa...