March 12, 2025

Private Equity Firms Must Embrace These Cutting-Edge Innovations to Stay Competitive

Here’s why private equity firms that invest in cutting-edge technology will be best positioned to navigate market challenges and seize new opportunities.

IBM closes $6.4B HashiCorp acquisition

February 27, 2025

IBM has finalized its multi-billion dollar HashiCorp acquisition, two days after the U.K.’s antitrust regulator gave the deal its blessing. Today’s announcement comes 10 months after IBM announced plans to pay $6.4 billion for HashiCorp, an enterprise software company best known for Terraform, an “infrastructure as code” tool for provisioning and managing infrastructure across clouds. […]

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The Download: Amazon’s quantum chip, and preventing battery fires

February 27, 2025
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Amazon’s first quantum computing chip makes its debut The news: Amazon Web Services has announced Ocelot, its first-generation quantum computing chip. While the chip has only rudimentary computing capability, the company says it…

Amazon debuts Ocelot, its first quantum computing chip

February 27, 2025

Amazon Web Services (AWS) has introduced Ocelot, its first quantum computing chip. The news brings it into line with its big cloud rivals Microsoft and Google, which have also unveiled their own quantum chips in recent months, respectively Majorana and Willow. The cloud computing giant has long been investing in the quantum computing space, starting […]

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The best time to stop a battery fire? Before it starts.

February 27, 2025
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. Flames erupted last Tuesday amid the burned wreckage of the battery storage facility at Moss Landing Power Plant. It happened after a major fire there burned for days and then went quiet…

Amazon’s first quantum computing chip makes its debut

February 27, 2025
Amazon Web Services today announced Ocelot, its first-generation quantum computing chip. While the chip has only rudimentary computing capability, the company says it is a proof-of-principle demonstration—a step on the path to creating a larger machine that can deliver on the industry’s promised killer applications, such as fast and accurate simulations of new battery materials.…

Unique, a Swiss AI platform for finance, raises $30M

February 27, 2025

A four-year-old Swiss startup has raised a sizable chunk of change to capitalize on the burgeoning “agentic AI” movement. Unique said on Thursday that it has raised $30 million in a Series A funding round that was led by London-based VC firm DN Capital and CommerzVentures, the investment offshoot of Germany’s Commerzbank. “Agentic AI” is […]

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Taktile helps fintechs build automated decision-making workflows

February 27, 2025

The automated logic behind many financial decisions — for example, decisions that determine whether a client is approved for a credit line — is hard-coded. Often, it’s not easily changed. If a head of credit at a bank wanted to adjust the bank’s lending criteria, for example, they’d likely have to raise a ticket with […]

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Instagram may spin off Reels into a separate app

February 27, 2025

Meta is mulling launching a standalone app for short-form videos, The Information reported, citing an anonymous source who heard Instagram head Adam Mosseri talking about the project to staff. The project is reportedly code-named Project Ray that aims to improve recommendations for new users and existing users in the U.S., and feature more three-minute videos, […]

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