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AI

Organic adoption becomes the real measure of successful IT platform rollouts

By Jonathan Anthony May 22, 2026

IT teams are under growing pressure to do more than keep the lights on — employees now expect the same seamless digital experiences at work that they get in their personal lives. Freshservice transformation…

Policy

California to explore possible subsidies for companies that don’t replace workers with AI

By Mike Wheatley May 21, 2026

California is trying to prepare itself for artificial intelligence job disruption ahead of time. Governor Gavin Newsom today ordered state officials to begin exploring a massive overhaul of its labor policies in an effort…

AI

Hark raises $700M+ to build ‘personalized intelligence’ devices

By Maria Deutscher May 21, 2026

Hark Inc., a startup developing artificial intelligence devices for the consumer market, today announced that it has raised more than $700 million in funding. Parkway Venture Capital led the Series A round. It was…

Infra

Serverless AI infrastructure startup Modal Labs seals $355M funding round

By Mike Wheatley May 21, 2026

Artificial intelligence startups are facing two massive headaches: There’s too much AI-generated code to deal with, and not nearly enough computing power to run it all on. Modal Labs Inc., which has just raised…

Security

Zscaler acquires Symmetry Systems to extend its AI agent security capabilities

By Maria Deutscher May 21, 2026

Zscaler Inc. is acquiring Symmetry Systems Inc., a venture-backed startup that helps companies monitor their data assets. The companies announced the acquisition today without disclosing the financial terms. Nasdaq-listed Zscaler sells cybersecurity tools that…

AI

New Anthropic-, Blackstone-backed AI services firm acquires Fractional AI

By Duncan Riley May 21, 2026

The recently announced artificial intelligence-native enterprise services firm backed by Anthropic PBC, Blackstone Inc. and Hellman & Friedman LLC has acquired Fractional AI Inc., a San Francisco-based applied AI services company that will form…

Cloud

Strong demand for agentic AI offerings helps Workday beat expectations and boost its stock

By Mike Wheatley May 21, 2026

Shares of the financial services and human resources software company Workday Inc. rose more than 10% in late trading after it reported first-quarter earnings and revenue that came in higher than expected, and also…

Emerging Tech

Smart ring maker Oura files confidentially for US initial public offering

By Duncan Riley May 21, 2026

Finnish smart ring maker Oura Health Oy disclosed today that it has filed confidential paperwork with the U.S. Securities and Exchange Commission for an initial public offering. Share count and pricing were not disclosed.…

Cloud

Zoom raises outlook and authorizes $1B in buybacks after first-quarter beat

By Duncan Riley May 21, 2026

Shares in Zoom Communications Inc. jumped more than 7% in late trading today after the video communications company comfortably beat first-quarter earnings and revenue expectations, lifted its full-year outlook and authorized $1 billion more…

Emerging Tech

US issues $2B+ in grants to IBM, others for quantum computing initiatives, stocks soar

By Maria Deutscher May 21, 2026

The U.S. Commerce Department will issue $2.013 billion in grants to IBM Corp., GlobalFoundries Inc. and seven other tech firms to finance quantum computing initiatives. The Wall Street Journal reported today that the U.S.…

the latest

Organic adoption becomes the real measure of successful IT platform rollouts

California to explore possible subsidies for companies that don’t replace workers with AI

Hark raises $700M+ to build ‘personalized intelligence’ devices

Zscaler acquires Symmetry Systems to extend its AI agent security capabilities

New Anthropic-, Blackstone-backed AI services firm acquires Fractional AI

Strong demand for agentic AI offerings helps Workday beat expectations and boost its stock

Smart ring maker Oura files confidentially for US initial public offering

US issues $2B+ in grants to IBM, others for quantum computing initiatives, stocks soar

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