Maria Deutscher
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Microsoft details plan to prevent its data centers from straining power, water resources
Microsoft Corp. today announced an initiative to prevent its data centers from harming the areas where they’re built. Brad Smith, the tech giant’s vice chair and president, detailed the program in a blog post. The Community-First AI Infrastructure Plan, as it’s known, comprises more than a dozen elements. Many of them focus on ensuring that ...
CrowdStrike acquires browser security startup Seraphic Security for $400M
CrowdStrike Holdings Inc. is acquiring Seraphic Security Ltd., a startup that helps enterprises protect employees’ browsers from online threats. The companies announced the deal today without disclosing its financial terms, though Calcalist pegged the amount at $400 million. Seraphic, which maintains offices in Palo Alto, California, and Israel, previously raised about $37 million from investors. ...
Salesforce makes revamped Slackbot generally available
Salesforce Inc. today launched a significantly enhanced version of Slackbot, the artificial intelligence assistant embedded in Slack. The company first debuted the upgrade at its Dreamforce 2025 conference in October. Slackbot originally focused on relatively simple tasks such as displaying notifications. The new version significantly expands the range of use cases that the tool can ...
Nvidia, Lilly to invest up to $1B in new AI medical research lab
Nvidia Corp. is partnering with Eli Lilly and Co. to open a research lab that will use artificial intelligence to speed up drug discovery. The companies announced the collaboration today. They plan to spend up to $1 billion on the lab, which is set to open its doors in South San Francisco later this year. ...
Custodial wallet provider BitGo files for $201M public offering
BitGo Holdings Inc., a startup that stores digital assets on behalf of other organizations, today filed for an initial public offering. The company and several of its investors plan to sell 11.8 million shares for $15 to $17 apiece. At the top end of the range, the offering would fetch $201 million and value BitGo ...
Apple will use Google’s Gemini models to power new Siri release
Apple Inc. will use Google LLC’s Gemini series of large language models to power its Siri voice assistant. The companies announced the partnership, which is described as a multiyear deal, this morning. When reports of the collaboration first emerged in August, Bloomberg reported that Apple was set to pay Google about $1 billion per year ...
OpenAI invests $500M in SoftBank’s SB Energy unit
OpenAI Group PBC today announced plans to invest $500 million in SoftBank Group Corp.’s SB Energy unit, which develops renewable energy installations and data centers. The transaction also has several other components. First, SoftBank will match OpenAI’s $500 million investment in SB Energy, doubling the value of the funding round to $1 billion. Additionally, the latter ...
AI cloud provider Lambda reportedly raising $350M round
Lambda Inc., a startup with a cloud platform designed to run artificial intelligence workloads, is reportedly seeking to raise $350 million in funding. Sources told The Information late Thursday that Mubadala Capital is in talks to lead the round. The report comes less than two months after Lambda announced its last raise, a $1.5 billion Series ...
Stablecoin payment card startup Rain reels in $250M
Financial technology startup Rain today announced that it has raised $250 million in funding from a consortium led by ICONIQ. The round, the company’s third in a year, values it at $1.95 billion. Rain says that the cash infusion follows 12 months in which its annualized payment volume jumped by a factor of 30. The ...
ThreatModeler acquires competing threat modeling startup IriusRisk
ThreatModeler Software Inc., a provider of cybersecurity posture analysis software, today disclosed that it has acquired a Spain-based rival called IriusRisk SL. The terms of the deal were not disclosed. When developers determine that an application may contain cybersecurity risks, they create what’s known as a threat model. That’s a diagram of the application’s components ...