Microsoft layoffs hit 830 workers in home state of Washington
The 830 Microsoft employees who lost their jobs in Washington included cloud solution architects, game designers and lawyers.
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Qedma raises $26M for its quantum error correction software - SiliconANGLE
After researchers install QESEM on a quantum computer, the software collects technical data about the machine. It maps out which calculations the...
Xbox Executives Were Blown Away by an Upcoming Game. Then They Canceled It.
Blackbird, a new game from ZeniMax Online Studios, impressed Xbox boss Phil Spencer earlier this year
ASML, Airbus, Mistral Ask EU to Delay Start of AI Act Rules - Bloomberg.com
They called for the delay to two sets of rules applying to general-purpose AI models and to high-risk AI systems. ... Provide news feedback or report an...
Thoma Bravo to buy Olo in deal valuing restaurant tech firm at $2 billion | Reuters
Buyout firm Thoma Bravo has agreed to acquire Olo in an all-cash deal valuing the company at about $2 billion, the restaurant software provider...
Dust hits $6M ARR helping enterprises build AI agents that actually do stuff instead of just talking
... Anthropic's Claude models and MCP protocol ... The San Francisco-based startup announced Thursday that it has been selected as part of Anthropic's...
SAP CEO Says Europe Needs More Applied AI, Not Another Stargate
Christian Klein, the chief executive officer of Europe’s most valuable company, said that Europe doesn’t require a flurry of more data centers to compete in artificial intelligence, rejecting a narrative pushed by Nvidia Corp. CEO Jensen Huang on a trip to the continent last month.
CoreWeave is the first cloud provider to deploy Nvidia's latest AI chips
AI developers still clamor for the latest Nvidia chips, which have improvements that make them better for training and deploying models.
Alibaba seeks US$1.5 billion from exchangeable bonds for cloud, e-commerce push
Alibaba Group Holding plans to raise HK$12 billion (US$1.5 billion) via exchangeable bonds to fund its cloud business and international e-commerce operations, the company said on Thursday.
The bonds will not pay interest but will allow bondholders to exchange them for shares of its subsidiary, Alibaba Health Information Technology.
“Alibaba Group intends to use the net proceeds from the bond offering for general corporate purposes, including investments to support the development of our cloud...
CoreWeave Gets First New, High-End Nvidia AI Chips From Dell
CoreWeave Inc. said it has received the market’s first artificial intelligence server system based on the newest, high-end Nvidia Corp. chip, a sign of its rising stature in the competitive AI cloud-computing space.
Summit Is in Talks for $15 Billion Partnership With AstraZeneca
AstraZeneca Plc is discussing a partnership deal with Summit Therapeutics Inc. in which it could pay as much as $15 billion over time to license a lung-cancer drug, according to people familiar with the matter.
The Man Tasked With Ending Citigroup's Fat-Finger Blunders - Bloomberg
Citigroup's tech chief, Tim Ryan, has been working to untangle the bank's legacy software and data systems, which have caused errors and...
US lifts chip software export ban to China for Siemens - Tech in Asia
The German company confirmed it can now fully provide its software and technology to clients in China.
Thoma Bravo Agrees $2 Billion Deal to Take Olo Private
Thoma Bravo has struck a $2 billion deal to acquire restaurant software maker Olo Inc. in a sign that private equity firms are still able to find bargains in hot equity markets.
Alibaba looking to raise $1.53 billion through exchangeable bonds for cloud, commerce push
Chinese tech giant Alibaba Group said on Thursday it is seeking to raise around HK$12 billion ($1.53 billion) through exchangeable bonds to boost...
Alibaba AI model-based agentic framework tops global ranking
Alibaba Group Holding’s open-source Qwen artificial intelligence (AI) model has enabled the agentic framework DeepSWE to outperform rival systems in this growing segment, according to the software platform’s developers.
Jointly developed by open-source initiative Agentica and San Francisco-based start-up Together AI, DeepSWE was trained on the Qwen3-32B large language model (LLM) – part of Alibaba Cloud’s third-generation family of AI models. It topped the leaderboard of the latest...
Chip design software firms climb as US lifts curbs on China exports | Reuters
Semiconductor chips are seen on a printed circuit board in this ... news provider, reaching billions of people worldwide every day. Reuters...
Google Photos sees several app improvements - The Verge
The Google Photos app has been updated to make it easier to navigate your gallery and view image information.
Microsoft will lay off 9000 employees, or less than 4% of the company - TechCrunch
Microsoft continues to beat expectations in its quarterly earnings; in its most recent report, the company grew its net income by 18% year over year,...
Microsoft to lay off as many as 9,000 employees, Seattle Times reports | Reuters
Microsoft is laying off as much as 4%, or roughly 9100, of the company's employees, the Seattle Times reported on Wednesday.
OpenAI confirmed to be behind $30bn-a-year Oracle cloud deal, 4.5GW expected across ...
It is searching for sites for other projects across the world. Subscribe to The Cloud & Hybrid Channel for regular news round-ups, market reports, and...
Like Google, China's biggest search player Baidu is beefing up its product with AI to fight rivals
Baidu search has been facing pressure from AI rivals like Tencent and DeepSeek.
Campfire Raises $35 Million for AI-Driven ERP System for Startups | PYMNTS.com
It also features a generative AI conversational interface called Ember AI ... News, PYMNTS News, startups, What's Hot, What's Hot In B2B. Tailor...
The Man Tasked With Ending Citigroup’s Fat-Finger Blunders
Just before Citigroup Inc.’s tech chief faced his first global town hall meeting, he got some pointed advice from his teenager: Make sure the technology works.
Chip software makers say US restrictions on sales to China lifted - Financial Times
“We are in the process of restoring access to our software and technology to affected customers in compliance with US export laws,” Cadence told the...
S&P 500, Nasdaq close on record high on Vietnam trade deal, tech stocks | Reuters
Technologycategory · Cadence says restoring software access in China after US lifts export curbs. 2 hours ago. Cadence Design Systems logo is pictured...
AI voice startup ElevenLabs pushes global expansion as it gears up for an IPO
AI voice generation platform ElevenLabs reveals plans to be IPO-ready within five years.
Tech war: US lifts export control of chip design software to China
Siemens, Synopsys and Cadence – three of the world's largest EDA software developers – are set to resume sales to China.