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Applied Materials’ chips are down following revenue miss and light guidance

By Mike Wheatley May 15, 2025

Semiconductor industry giant Applied Materials Inc. delivered mixed results in its latest quarter and offered guidance that came in just shy of expectations, sending its stock lower in extended trading today. The chip manufacturing…

AI

Meta to postpone release of Llama 4 Behemoth model, report claims

By Mike Wheatley May 15, 2025

Meta Platforms Inc. is likely to delay the release of its upcoming Llama 4 Behemoth artificial intelligence model, in a move that could have serious implications for the broader AI industry. In an exclusive…

AI

Cognichip raises $33M to speed up chip development with AI

By Maria Deutscher May 15, 2025

Cognichip Inc., a startup working to make chip design teams more productive, launched today with $33 million in initial funding. Lux Capital and Mayfield jointly led the seed round. They were joined by FPV…

AI

Akido lands $60M to grow AI platform for underserved healthcare settings

By Duncan Riley May 15, 2025

Artificial intelligence and care delivery company Akido Labs Inc. announced today that it has raised $60 million in new funding to expand the reach of ScopeAI, a system aimed at increasing clinical capacity and…

Security

Proofpoint to acquire Hornetsecurity in move to expand Microsoft 365 threat protection

By Duncan Riley May 15, 2025

Cybersecurity firm Proofpoint Inc. today announced it plans to acquire Hornetsecurity GmbH, a Germany-based pan-European provider of artificial intelligence-powered Microsoft 365 security, data protection, compliance and security awareness services. The price of the acquisition was not…

AI

AI-powered drug development startup Pathos AI closes $365M investment

By Maria Deutscher May 15, 2025

Pathos AI Inc., a startup using artificial intelligence to develop new oncology drugs, today announced that it has raised $365 million in a late-stage funding. The company didn’t disclose the investors in the Series…

AI

As automation gets smarter, API management becomes mission-critical

By Chad Wilson May 15, 2025

API management is fast becoming the linchpin of modern enterprise automation. As companies evolve from system integration to orchestrating intelligent, AI-driven workflows, the need for robust governance and interoperability is paramount. Platforms that unify…

AI

Boomi and Accenture drive enterprise AI and integration to underpin long-term innovation

By Victor Dabrinze May 15, 2025

With the vision of enterprise AI gradually crystallizing, it has become clear that its future will depend on large-scale collaboration, AI-powered integration and cross-company integrations. Boomi LP and Accenture PLC have enjoyed a long-term partnership…

AI

AWS’ AI-powered workload modernization service is now generally available

By Paul Gillin May 15, 2025

Amazon Web Services Inc. today announced the general availability of Transform, a new service that accelerates the migration and modernization of enterprise workloads using agentic artificial intelligence. The service, which was initially previewed at…

AI

Boomi and LTIMindtree put agentic AI into action

By Devony Hof May 15, 2025

LTIMindtree Ltd. and Boomi LP see a world where calls to one’s insurance provider are handled by robots. Boomi has partnered with LTIMindtree, a global consulting and information technology firm based in India, to…

the latest

Applied Materials’ chips are down following revenue miss and light guidance

Meta to postpone release of Llama 4 Behemoth model, report claims

Cognichip raises $33M to speed up chip development with AI

Akido lands $60M to grow AI platform for underserved healthcare settings

Proofpoint to acquire Hornetsecurity in move to expand Microsoft 365 threat protection

AI-powered drug development startup Pathos AI closes $365M investment

As automation gets smarter, API management becomes mission-critical

Boomi and Accenture drive enterprise AI and integration to underpin long-term innovation

Boomi and LTIMindtree put agentic AI into action

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