Maria Deutscher
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Lyft partners with Benteler to launch autonomous shuttle service
Lyft Inc. is teaming up with Benteler International AG, a major auto parts supplier, to launch an autonomous shuttle service in the U.S. The companies announced the initiative today. The vehicles are expected to become available next year. Benteler is participating in the project through its Benteler Mobility unit, which helps cities build autonomous public ...
C3 AI CEO Tom Siebel to resign for health reasons
C3 AI founder and Chief Executive Officer Tom Siebel today announced that he will step down because of health issues. Shares of the artificial intelligence company closed 11% lower on the news. In a note, Wedbush Securities Inc. analyst Dan Ives told investors that Siebel’s resignation “significantly increases” the chance of C3 AI getting acquired. ...
In AI Action Plan speech, Trump reveals he considered breaking up Nvidia
U.S. President Donald Trump at one point weighed breaking up Nvidia Corp. to boost market competition. Trump revealed the deliberations during a late Wednesday speech in Washington, D.C. Nvidia Corp. Chief Executive Officer Jensen Huang was among the attendees. Trump’s speech focused on the AI Action Plan, a newly released set of policy proposals that ...
EU cloud provider group files complaint over Broadcom’s VMware acquisition
A trade association that represents cloud providers in the European Union has filed suit over Broadcom Inc.’s acquisition of VMware. The group, CISPE, disclosed the move today. It submitted the complaint to the European General Court, the EU’s second highest court. The lawsuit seeks to annul the EU antitrust approval that allowed Broadcom to close ...
AWS reportedly shutters AI research lab in Shanghai
Amazon Web Services Inc. has reportedly closed an artificial intelligence lab that it operated in Shanghai. The Financial Times reported the move today. The Amazon Web Services AI Shanghai Lablet, as the shuttered facility was known, opened in 2018. It’s unclear how many staffers the center employed. The researchers’ areas of focus included natural language ...
White House releases broad set of AI policy recommendations
The White House today released a policy paper with more than 90 recommendations on how the federal government should approach artificial intelligence. The document is called the AI Action Plan. Later today, U.S. President Donald Trump is expected to sign several executive orders that will implement AI measures aligned with the paper’s suggestions. “The United ...
Compliance startup Vanta valued at $4.15B in new $150M round
Vanta Inc., a startup that helps companies comply with privacy and cybersecurity regulations, has raised $150 million in fresh funding. Wellington Management led the Series D investment. It was joined by more than a half-dozen other backers including the venture capital arms of CrowdStrike Holdings Inc. and Atlassian Corp. The round, which was announced today, ...
OpenAI partners with Oracle to develop 4.5 more gigawatts of data center capacity
OpenAI has inked a deal with Oracle Corp. to develop 4.5 gigawatts’ worth of data center capacity in the U.S. The companies announced the agreement today. It’s part of Stargate, an initiative to build a network of stateside artificial intelligence data centers for OpenAI. The project will see the ChatGPT developer and its partners invest ...
Microsoft finds China-linked hackers are targeting SharePoint deployments
Microsoft Corp. has determined that China-linked hacking groups are targeting deployments of its SharePoint file sharing platform. The company detailed its findings in a blog post published today. The hackers are exploiting two SharePoint vulnerabilities that researchers disclosed in last week. The first flaw, CVE-2025-49706, makes it possible to bypass the platform’s authentication mechanism by ...
Lumotive nabs $14M for its liquid crystal beamforming chips
Startup Lumotive Inc., which makes chips that can change the direction of laser beams, has raised $14 million in funding. Amazon.com Inc.’s Amazon Industrial Innovation Fund and ITHCA Group provided the capital. The cash infusion, which was announced today, came as an extension to a $45 million Series B round that Lumotive closed in February. Lumotive’s ...