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AI

AI leaders stare down limits as they keep spending big

By Robert Hof May 16, 2025

Initial public offerings of stock inched back this week as eToro’s IPO soared 29% over its initial price, Chime filed and Pony AI in China filed confidentially. But don’t expect a full-scale return in this choppy…

AI

Winds of change: Dell Technologies retools its portfolio to meet enterprise AI’s full stack demands

By Mark Albertson May 16, 2025

Dell Technologies Inc. is betting big on enterprise AI — not as an add-on, but as the backbone of a new era in infrastructure, from the datacenter to the edge. With more than four-plus…

AI

Boomi and AWS share a vision of multimodal agents

By Devony Hof May 16, 2025

Boomi LP and Amazon Web Services Inc. are not only harnessing current artificial intelligence technology, but preparing for a future of multi-agent model systems. Since last year’s Boomi World, agentic AI has become the…

AI

Cerebras Systems blazes a trail for AI inference, powering advanced reasoning in real time

By Mike Wheatley May 15, 2025

Artificial intelligence chip startup Cerebras Systems Inc. is heralding the launch of Qwen3-32B, one of the most advanced and powerful open-weight large language models in the world, as proof of its ability to outcompete…

Infra

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…

explore news

AI leaders stare down limits as they keep spending big

Winds of change: Dell Technologies retools its portfolio to meet enterprise AI’s full stack demands

Boomi and AWS share a vision of multimodal agents

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

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