nthropic has committed $11.6 billion over seven years to Akamai’s cloud infrastructure, a bet on CPUs that could grow to about $20 billion, and in an unusual arrangement, Akamai is giving Anthropic a potential stake of up to 5% of its stock that grows as Anthropic spends more.
The holiday season is a time for giving, but it can also be a time of financial stress. If you’re looking for ways to earn some extra income during the…
X, formerly Twitter, has changed its “Public interest expectations” policy to redefine what posts are newsworthy and could be kept up despite the posts defying the platform’s rules. The company has removed the requirement of having at least 100,000 followers for posts to be newsworthy. The earlier policy said only verified accounts would be considered […]
Google has announced that passkeys, touted by the tech giant as the “beginning of the end” for passwords, are becoming the default sign-in method for all users. Passkeys are a phishing-resistant alternative to passwords that allow users to sign into accounts using the same biometrics or PINs they use to unlock their devices, or with […]
Thread (not to be confused with Threads), a startup developing a robotics platform to collect inspection data for utilities, today announced that it raised $15 million in a Series A funding round led by Badlands Capital with participation from Minnkota Power Cooperative, Generational Partners, Rosecliff Ventures, Excell Partners, Homegrown Capital and Kevin O’Leary’s Wonder Fund […]
Modal Labs, a platform that provides cloud-based infrastructure to data teams and app developers, particularly those creating generative AI applications, has raised $16 million in a Series A funding round led by Redpoint Ventures with participation from Amplify Partners Lux Capital and Definition Capital. The cash infusion, which brings Modal’s total raised to $23 million, […]
To ease the burden of maintaining their IT infrastructure, many companies, especially SMBs, turn to third-party IT providers. Called managed service providers (MSPs), they make life easier for their clients, but deal with many problems of their own, including fragmented tech tools that result in complicated workflows, cut into time spent serving customers and even […]
Investors have an appetite for databases, it seems. Today, ScyllaDB, a startup developing database tech for high-throughput, low-latency workloads, announced that it raised $43 million in a funding round led by Eight Roads Ventures with participation from AB Private Credit Investors, AllianceBernstein, TLV partners, Magma Ventures and Qualcomm Ventures. The new cash will be put […]
Barcelona-based Heura, a disrupter in the plant-based protein space since 2017, has a product hitting shelves shortly in Spain and France that it reckons will have the most committed meat eaters sitting up in disbelief. These new 100% plant-based “Jamón York style” slices are not actual ham. They just look (and we’re told taste) an […]
French startup Orus has raised an $11.6 million Series A funding round (€11 million). The startup offers insurance products specifically designed for small and medium companies. Interestingly, today’s news comes just a few months after Amsterdam-based insurtech startup Insify completed its Series A funding round with another €10 million. Orus originally started with an insurance […]
UAE-based Zest Equity, a startup digitizing private market dealings, has raised $3.8 million seed funding to build more tools for enabling fast and transparent transactions by ecosystem players while increasing their liquidity through secondary deals. The seed round was led by Middle East Venture Partners (MEVP) with participation from the Dubai Future District Fund (DFDF), […]