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AMD strikes a deal to sell ZT Systems’ server-manufacturing business for $3B
<p>Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business. AMD announced on Monday that it was selling ZT Systems’ server-manufacturing business to electronic manufacturing services company Sanmina. The $3 billion deal is a mix of cash and stock: $2.25 billion in cash; a $300 million premium, including 50% cash […]</p>
Rahul Patil
May 192 min read
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Microsoft open sources a command-line text editor and more at Build
<p>At its Build 2025 conference, Microsoft open sourced a number of apps and tools, including a new command-line text editor for Windows called Edit. Open source software may not earn the company direct revenue, but it can serve as a form of market research — and a funnel to paid applications and services. By contributing […]</p>
Rahul Patil
May 191 min read
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GitHub, Microsoft embrace Anthropic’s spec for connecting AI models to data sources
<p>GitHub and Microsoft, GitHub’s corporate parent, are joining the steering committee for MCP, Anthropic’s standard for connecting AI models to the systems where data resides. The announcement, which was made at Microsoft’s Build 2025 conference on Monday, comes as MCP gains steam in the AI industry. Earlier this year, both OpenAI and Google said they […]</p>
Rahul Patil
May 192 min read
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Microsoft wants to tap AI to accelerate scientific discovery
<p>Can AI speed up aspects of the scientific process? Microsoft appears to think so. At the company’s Build 2025 conference on Monday, Microsoft announced Microsoft Discovery, a platform that taps agentic AI to “transform the [scientific] discovery process,” according to a press release provided to TechCrunch. Microsoft Discovery is “extensible,” Microsoft says, and can handle […]</p>
Rahul Patil
May 192 min read
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xAI’s Grok 3 comes to Microsoft Azure
<p>Microsoft on Monday became one of the first hyperscalers to provide managed access to Grok, the AI model developed by billionaire Elon Musk’s AI startup, xAI. Available through Microsoft’s Azure AI Foundry platform, Grok — specifically Grok 3 and Grok 3 mini — will “have all the service-level agreements Azure customers expect from any Microsoft product,” […]</p>
Rahul Patil
May 191 min read
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AI startup Cohere acquires Ottogrid, a platform for conducting market research
<p>AI startup Cohere has acquired Ottogrid, a Vancouver-based platform that develops enterprise tools for automating certain kinds of high-level market research. Sully Omar, one of the founders of Ottogrid, announced the deal Friday in a post on X. He didn’t disclose the terms. Ottogrid will sunset its product, according to Omar, but will give customers […]</p>
Rahul Patil
May 162 min read
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The Nuclear Company raises $51M to develop massive reactor sites
<p>The funding round arrives as tech companies and utilities are struggling to secure power for data centers.</p>
Rahul Patil
May 163 min read
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Cognichip emerges from stealth with the goal of using generative AI to develop new chips
<p>Chips are a critical component of the AI industry. But new chips don’t hit the market with the same speed as new AI models and products. Cognichip has a lofty goal of creating a foundational AI model that can help bring new chips to market faster. San Francisco-based Cognichip is working to build a physics-informed […]</p>
Rahul Patil
May 153 min read
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Google’s Gemini chatbot can now more easily analyze GitHub projects
<p>Gemini, Google’s AI-powered chatbot, can now connect to GitHub — for users subscribed to the $20-per-month Gemini Advanced plan, that is. As of Wednesday, Gemini Advanced customers can directly add a public or private codebase on GitHub to Gemini to allow the chatbot to generate and explain code, debug existing code, and more. Users can […]</p>
Rahul Patil
May 141 min read
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Tensor9 helps vendors deploy their software into any environment using digital twins
<p>Enterprises want access to new software and AI tools but can’t risk sending their sensitive data out to a third-party software-as-a-service (SaaS) providers. Tensor9 looks to help software companies land more enterprise customers by helping them deploy their software directly into a customer’s tech stack. Tensor9 converts a software vendor’s code into the format needed […]</p>
Rahul Patil
May 143 min read
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Databricks to buy open source database startup Neon for $1B
<p>Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion. Databricks said acquiring Neon’s tech would let it combine the startup’s serverless relational database management system with its own data intelligence services to let its customers […]</p>
Rahul Patil
May 142 min read
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TensorWave raises $100M to grow its AMD-powered cloud infrastructure
<p>TensorWave, a data center provider building facilities primarily with AMD hardware, has raised $100 million as it seeks to further build out its data center infrastructure. The funding round was led by Magnetar and AMD Ventures, and brings the company’s total capital raised to $146.7 million, according to Crunchbase. Maverick Silicon, Nexus Venture Partners, and […]</p>
Rahul Patil
May 142 min read
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AWS enters into ‘strategic partnership’ with Saudi Arabia-backed Humain
<p>Amazon says it will work with Humain, the AI company recently launched by Saudi Arabia’s ruler, Mohammed bin Salman, to invest “$5 billion-plus” in a strategic partnership to build an “AI Zone” in Saudi Arabia. The AI Zone will include dedicated Amazon Web Services (AWS) AI infrastructure, servers, networks, and training and certification programs, according […]</p>
Rahul Patil
May 132 min read
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Trump administration officially rescinds Biden’s AI diffusion rules
<p>After a week or so of rumors, the U.S. Department of Commerce (DOC) formally rescinded the Biden administration’s Artificial Intelligence Diffusion Rule days before it was set to go into effect. The Artificial Intelligence Diffusion Rule, which was introduced by former president Joe Biden in January and set to come into force on May 15, […]</p>
Rahul Patil
May 132 min read
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Microsoft Build 2025: What to expect, from Azure to Copilot upgrades
<p>Microsoft is hosting its annual Build developer conference next week from May 19 to 22. The event is guaranteed to include announcements regarding new AI integrations, services, and apps, including for Windows. At last year’s Build, Microsoft announced an integration of Copilot into Microsoft Teams, Copilot+ AI-powered PCs, Windows Volumetric Apps for Meta Quest headsets, […]</p>
Rahul Patil
May 122 min read
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OpenAI’s enterprise adoption appears to be accelerating, at the expense of rivals
<p>OpenAI appears to be pulling well ahead of rivals in the race to capture enterprises’ AI spend, according to transaction data from fintech firm Ramp. According to Ramp’s AI Index, which estimates the business adoption rate of AI products by drawing on Ramp’s card and bill pay data, 32.4% of U.S. businesses were paying for […]</p>
Rahul Patil
May 102 min read
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Microsoft Build 2025: How to watch this year’s conference
<p>Microsoft Build, Microsoft’s biggest event of the year, is on the horizon. It’s scheduled to start May 19 at the Seattle Convention Center, and it’ll run through May 22. The keynote address featuring Microsoft CEO Satya Nadella and CTO Kevin Scott will take place May 19 at 9:05 a.m. PT. That’ll be followed by a […]</p>
Rahul Patil
May 91 min read
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Google inks deal to develop 1.8 GW of advanced nuclear power
<p>Google is promising to add at least 600 megawatts of generating capacity at each of the three sites. </p>
Rahul Patil
May 92 min read
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ServiceNow acquires Data.World months after snatching up Moveworks
<p>Enterprise workflow management platform ServiceNow on Wednesday announced its second AI-related acquisition this year. ServiceNow said that it has signed a definitive agreement to acquire Data.World, a cloud-native data catalog and data governance platform. Austin, Texas-based Data.World was founded in 2015 and previously raised more than $130 million in venture financing from firms such as […]</p>
Rahul Patil
May 73 min read
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Microsoft adopts Google’s standard for linking up AI agents
<p>Microsoft says that it’s embracing Google’s recently launched open protocol for allowing AI “agents” to communicate with each other. On Wednesday, Microsoft announced that it would bring support for Google’s Agent2Agent (A2A) spec to two of its AI development platforms, Azure AI Foundry and Copilot Studio. Microsoft has also joined the A2A working group on […]</p>
Rahul Patil
May 72 min read
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