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Big Data

Progress Software pleases investors as it beats expectations and raises its full-year guidance

By Mike Wheatley Mar 31, 2025

Things are looking up for Progress Software Corp. after it posted a solid earnings and revenue beat and raised its full-year outlook, sending its stock higher in extended trading. The company delivered first-quarter earnings…

AI

OpenAI to launch its first ‘open-weights’ model since 2019

By Mike Wheatley Mar 31, 2025

OpenAI is looking to experiment with a more “open” strategy, detailing its plans to release its first “open-weights” model to the developer community later this year. The company has created a feedback form for…

Apps

As TikTok ban looms, Substack launches short video content

By James Farrell Mar 31, 2025

As the deadline for the TikTok sale approaches, the San Francisco-based publishing platform Substack hopes to capitalize on the loss by releasing a short video feature in its app. Creators will now be able…

Infra

Lightmatter turbocharges GPU connectivity with its first photonics-based networking interconnects

By Mike Wheatley Mar 31, 2025

The silicon photonics pioneer Lightmatter Inc. says it’s ready to spearhead a revolution in data center connectivity with the coming launch of its first 3D co-packaged optics product, Passage L200. The Passage L200, which…

AI

OpenAI bags $40B in funding, increasing its post-money valuation to $300B

By Mike Wheatley Mar 31, 2025

OpenAI has closed on one of the largest-ever funding rounds for a private company, raising $40 billion at a $300 billion post-money valuation. The bumper funding round was led by SoftBank Group Corp. and…

Security

Oracle denies cloud breach, while researchers point to credible indicators

By Duncan Riley Mar 31, 2025

A new security controversy has emerged with Oracle Corp. at its center after a hacker claimed to have breached the company’s cloud infrastructure and exfiltrated sensitive data. Although Oracle has denied any breach, some…

AI

Runway launches new Gen-4 AI video generator

By Maria Deutscher Mar 31, 2025

Runway AI Inc. today introduced Gen-4, a new artificial intelligence model that can generate videos based on natural language prompts. New York-based Runway is backed by more than $230 million in funding from Nvidia…

Security

ReliaQuest raises $500M at $3.4B valuation to expand AI-driven cybersecurity

By Duncan Riley Mar 31, 2025

Security operations company ReliaQuest LLC announced today that it has raised more than $500 million in new funding on a $3.4 billion valuation to advance agentic AI-driven cybersecurity automation and support the company’s ongoing…

AI

AWS brings its generative AI assistant to the Amazon OpenSearch Service

By Mike Wheatley Mar 31, 2025

Amazon Web Services Inc.’s artificial intelligence-powered assistant Amazon Q Developer is being made available in the popular Amazon OpenSearch Service, providing users with the AI smarts they need to investigate and visualize the operational…

Infra

Temporal raises $146M for its application reliability platform

By Maria Deutscher Mar 31, 2025

Temporal Technologies Inc., a startup that helps developers protect their applications from outages, has raised $146 million in funding at a $1.72 billion valuation. The Series C investment was announced today. Tiger Global led…

the latest

Progress Software pleases investors as it beats expectations and raises its full-year guidance

OpenAI to launch its first ‘open-weights’ model since 2019

As TikTok ban looms, Substack launches short video content

Lightmatter turbocharges GPU connectivity with its first photonics-based networking interconnects

OpenAI bags $40B in funding, increasing its post-money valuation to $300B

Oracle denies cloud breach, while researchers point to credible indicators

Runway launches new Gen-4 AI video generator

ReliaQuest raises $500M at $3.4B valuation to expand AI-driven cybersecurity

AWS brings its generative AI assistant to the Amazon OpenSearch Service

Temporal raises $146M for its application reliability platform

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