After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The Information. Last year, the company claimed […]
Microsoft turns attention to multi-cloud and AI with Azure updates
Microsoft made over 100 product and service announcements last week. Those related to its Azure ecosystem were the most interesting.Read More
Cognigy raises $44M to scale its enterprise-focused conversational AI platform
Artificial intelligence is becoming an increasingly common part of how customer service works — a trend that was accelerated in this past year as so many other services went virtual and digital — and today […]
Ransomware Hits a Food Supply Giant—and Underscores Dire Risk
Hackers targeting JBS USA have disrupted meat processing facilities around the world, just one month after the Colonial Pipeline attack caused fuel distribution havoc.
Tesla files trademark, hinting at Elon Musk’s restaurant concept plans
Tesla has recently filed a new trademark for its brand under restaurant services, a sign the company might be finally gearing up to deliver on an idea that CEO Elon Musk and other company executives […]
Conversational AI startup Cognigy nabs $44M
Cognigy, a platform for designing conversational, AI-powered experiences, raised $44 million in fresh capital.Read More
Micron launches 176-layer NAND flash and 1-alpha DRAM chips for the data economy
Micron Technology announced advanced flash memory and dynamic random access memory chips to serve data-driven businesses. Read More
Amazon confirms Prime Day will run June 21-22, an earlier than usual start
Amazon confirmed its annual sales event known as Prime Day will be held on Monday, June 21 and Tuesday, June 22. Bloomberg had previously reported these same dates, citing leaked records. The once-a-year mega sale […]
Home services platform Urban Company raises $255 million at $2.1 billion valuation
Home services marketplace Urban Company said on Wednesday it has raised $255 million in a new financing round and confirmed a valuation of $2.1 billion, joining over a dozen other startups in India that have […]
Loom’s new SDK lets any company add video messaging to their apps
Loom has launched a new SDK that allows any business to add a video record button to their own applications. Read More