AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago. Source link
Read More
Enterprise
Palo Alto Networks is buying security assets from IBM to expand customer base
Palo Alto Networks is buying IBM's QRadar as part of a bigger partnership between the two companies. Source link
Read More
Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years
Cisco reported a 13% drop in revenue for the fiscal third quarter, the steepest decline since 2009. But results still
Read More
Uber announces shuttle rides, features for caregivers and Costco perks
Uber on Wednesday announced several new product updates like Uber Shuttle, Costco perks and a feature that lets caregivers book
Read More
OpenAI co-founder Ilya Sutskever says he will leave the startup
OpenAI co-founder Ilya Sutskever said Tuesday that he's leaving the Microsoft-backed startup. Source link
Read More
House committee asks Microsoft’s Brad Smith to attend hearing on security lapses
Microsoft has been facing pressure after Chinese hackers breached Commerce Secretary Gina Raimondo's email account. Congress wants to get involved.
Read More
Neuralink’s first in-human brain implant has experienced a problem, company says
Neuralink on Wednesday said part of its brain implant has malfunctioned within human patient. Source link
Read More
Airbnb beats earnings expectations for first quarter but offers weaker-than-expected guidance
Airbnb reported first-quarter results on Wednesday that beat analysts' estimates. Source link
Read More
Reddit shares soar 14% after company reports revenue pop in debut earnings report
Reddit reported a big increase in sales for the first quarter and said second-quarter revenue will jump by more than
Read More