Maria Deutscher
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Broadcom finally set to close VMware acquisition after receiving regulatory approval in China
Broadcom Inc. today announced that it expects to close its acquisition of VMware Inc. on Wednesday after receiving all the necessary regulatory approvals. The transaction has received the green light in more than a half-dozen countries, including China, where it was reportedly awaiting approval as recently as last month. Broadcom’s acquisition of VMware was earlier delayed ...
AWS launches AI Ready initiative to equip 2M people with AI skills
Amazon Web Services Inc. today debuted AI Ready, a new initiative through which it hopes to equip 2 million people with artificial intelligence skills by 2025. “Artificial intelligence is the most transformative technology of our generation,” said Swami Sivasubramanian, vice president of data and AI at AWS. “If we are going to unlock the full ...
LucidLink nabs $75M for its high-speed file sharing platform
LucidLink Corp., the developer of a speedy file sharing platform optimized for large datasets, today announced that it has raised $75 million in funding. The Series C round was led by Brighton Park Capital. Adobe Inc.’s venture capital arm, Headline, Baseline Ventures and a number of other institutional backers participated as well. The raise follows ...
Samsung backs $6M round for LLM cybersecurity startup Lasso Security
Lasso Security Ltd., a startup that helps enterprises ensure their workers use large language models securely, launched today with $6 million in funding. The capital was provided by Entrée Capital, the lead investor in the round, and Samsung Electronics Co. Ltd.’s Next venture capital arm. The raise brings Lasso Security’s total outside funding to just ...
AI coup: Sam Altman fired from OpenAI after board finds he wasn’t ‘consistently candid’
Updated with potential reasons, new statements, departures and other developments: Sam Altman will step down from his role as chief executive of OpenAI LP after the company found that he “was not consistently candid” with the board. The artificial intelligence developer announced the abrupt leadership change today. Mira Murati, OpenAI’s chief technology officer, will take over ...
Apple files appeal over EU’s approach to regulating its services
Apple Inc. has filed an appeal over the way European Union regulators are applying the bloc’s Digital Markets Act to its services. The Court of Justice of the European Union, the EU’s judicial branch, announced the development today. The appeal is not unexpected: Bloomberg reported last Friday that Apple was preparing such a complaint. The ...
Amazon lays off hundreds from Alexa unit amid generative AI refocus
Amazon.com Inc. is letting go hundreds of employees from the business unit that develops its Alexa voice assistant. Daniel Rausch, the vice president of Amazon’s Alexa and Fire TV unit, disclosed the move today in an internal memo that was published by GeekWire. Rausch stated that the workforce reduction will see Amazon cut “several hundred” ...
Apple moves to make RCS messaging available on iPhones amid regulatory scrutiny
Apple Inc. will finally enable iPhone and Android users to exchange messages via the RCS communications protocol. A company spokesperson told 9to5Mac today that the feature is scheduled to roll out next year. According to Apple, the planned RCS support won’t be implemented in its iMessage messaging app. That suggests that feature will become available ...
FinOps Foundation debuts first major release of its FOCUS cloud billing standard
The FinOps Foundation today introduced the first round-number release of FOCUS, an open-source standard designed to help companies more easily track their cloud costs and forecast future spending. The FinOps Foundation is an industry consortium that was launched by the Linux Foundation three years ago. The group introduced FOCUS, or the FinOps Open Cost and ...
Databricks debuts AI-powered Data Intelligence Platform
Databricks Inc. is rolling out a new offering, the Data Intelligence Platform, that uses artificial intelligence to help enterprises process their information. The company debuted the platform on Wednesday. It’s based on Databricks’ flagship data lakehouse, which integrates the features of data lakes and data warehouse into a single product. Lakehouses offer the ability to ...