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AI

Qualcomm acquires edge AI development startup Edge Impulse

By Maria Deutscher Mar 10, 2025

Qualcomm Technologies Inc. is acquiring Edge Impulse Inc., a startup that helps developers run artificial intelligence models on connected devices. The companies announced the deal today without disclosing the financial terms. San Jose, California-based…

AI

Nirvana raises $80M for AI-powered insurance for truck drivers and fleet operators

By Kyt Dotson Mar 10, 2025

Nirvana Tech Inc., a startup that blends artificial intelligence with detailed vehicle tracking data to offer insurance to truckers, today announced it has raised $80 million in a Series C funding round. The round…

AI

ServiceNow to acquire agentic AI platform Moveworks in $2.9B deal

By Kyt Dotson Mar 10, 2025

ServiceNow Inc. announced today it will acquire Moveworks Inc., a generative artificial intelligence platform that builds AI automation tools and enterprise AI agents designed to streamline employee workflows. ServiceNow will pay $2.85 billion for…

Infra

Mitel restructures under Chapter 11 bankruptcy to pursue hybrid opportunity

By Zeus Kerravala Mar 10, 2025

After Bloomberg reported last week that Mitel Networks Corp. was preparing to file for Chapter 11, today the telecommunications company announced has done so, entering into an agreement with its senior lenders to optimize its capital structure and recapitalize…

AI

SambaNova debuts framework for lower-cost, open-source deep research agents

By Mike Wheatley Mar 10, 2025

Artificial intelligence chip startup SambaNova Systems Inc. said today it has developed a new framework for AI-powered “deep research” that can generate in-depth reports up to three times faster, and at much lower cost,…

Cloud

The new financial stack: How Thought Machine and GFT built Trust Bank’s digital banking engine on AWS and how customers benefit

By Mark Albertson Mar 10, 2025

Cloud-first financial institutions are transforming the banking world to meet the needs of a digital generation that prefers not to go to a branch, avoids paper for transactions and has leaned into mobile payments…

Security

Fortinet identifies thousands of malicious software packages exploiting open-source repositories

By Duncan Riley Mar 10, 2025

A new report out today from Fortinet Inc.’s FortiGuard Labs highlights a growing wave of malicious software packages exploiting system vulnerabilities. Based on data collected since November 2024, the report reveals sophisticated attack methods designed to evade detection,…

AI

Databricks kicks off an initiative to make AI agents easier to build and manage

By Paul Gillin Mar 10, 2025

Databricks Inc. today is kicking off what it calls the “Week of Agents” by introducing new and enhanced products that are intended to help enterprises confidently deploy and scale artificial intelligence agents. AI agents…

Security

Detectify launches Alfred to automate CVE security testing with AI

By Duncan Riley Mar 10, 2025

Advanced application security testing startup Detectify AB today announced the launch of Alfred, a new system that uses artificial intelligence to autonomously source, prioritize and generate high-fidelity security tests for the Common Vulnerabilities and Exposures that are…

AI

China’s new AI agent Manus gets global attention for its autonomous smarts

By Mike Wheatley Mar 9, 2025

Just weeks after Chinese artificial intelligence developer DeepSeek Ltd. shocked the world with its low-cost alternative to OpenAI’s ChatGPT, another Chinese startup is making similar noise, releasing what it claims is one of the…

explore news

Qualcomm acquires edge AI development startup Edge Impulse

Nirvana raises $80M for AI-powered insurance for truck drivers and fleet operators

ServiceNow to acquire agentic AI platform Moveworks in $2.9B deal

Mitel restructures under Chapter 11 bankruptcy to pursue hybrid opportunity

SambaNova debuts framework for lower-cost, open-source deep research agents

Fortinet identifies thousands of malicious software packages exploiting open-source repositories

Databricks kicks off an initiative to make AI agents easier to build and manage

Detectify launches Alfred to automate CVE security testing with AI

China’s new AI agent Manus gets global attention for its autonomous smarts

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