Paul Sawers
A lot has happened since Dev Ittycheria took the reins at MongoDB, the $26 billion database company he’s led as president and CEO since September 2014. Ittycheria has taken MongoDB to the cloud, steered it through an IPO, overseen its transition from open source, launched a venture capital arm,...
Jeff Lawson, the co-founder and recently departed CEO of enterprise infrastructure software company Twilio, is the proud new owner of satirical online newspaper The Onion.
“Alright, the news is out — yes, I bought The Onion,” Lawson wrote in a LinkedIn post late Thursday, after it first emerged in The...
Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $5 billion.
A newly-formed entity called Luke Bidco Ltd, formed by private equity giant Thoma Bravo, has tabled an all-cash bid of £6.20 ($7.75) per share, which represents a 44% premium on its...
The U.K.’s Competition and Markets Authority (CMA) is launching preliminary enquiries into whether the close-knit tie-ups and hiring practices involving Microsoft, Amazon and a trio of AI startups falls within the scope of its merger rules — and whether the arrangements could impact competition in the U.K. market.
The announcement...
Conversational AI platform Parloa has nabbed $66 million in a Series B round of funding, a year after the German startup raised $21 million from a swathe of European investors to propel its international growth.
The company is focusing on the U.S. market in particular, where Parloa opened a New...
A French startup has raised a hefty seed investment to “rearchitect compute infrastructure” for developers wanting to build and train AI applications more efficiently.
FlexAI, as the company is called, has been operating in stealth since October 2023, but the Paris-based company is formally launching Wednesday with €28.5 million ($30...
Vector databases are all the rage, judging by the number of startups entering the space and the investors ponying up for a piece of the pie. The proliferation of large language models (LLMs) and the generative AI (GenAI) movement have created fertile ground for vector database technologies to flourish.
While...
Google has terminated the employment of 28 staff following a prolonged sit-in protest at the company’s Sunnyvale and New York offices.
The employees were protesting against Project Nimbus, a $1.2 billion cloud computing contract inked by Google and Amazon with the Israeli government and its military three years ago. The...
Meta said on Monday that it plans to “temporarily” shutter Threads in Turkey from April 29, in response to an interim injunction imposed by the Turkish competition authority last month over the way Meta shares data between Threads and Instagram.
The Turkish Competition Authority (TCA), known as Rekabet Kurumu, noted...
OpenAI is expanding to Japan, with the opening of a new Tokyo office and plans for a GPT-4 model optimized specifically for the Japanese language.
The move is significant for a few reasons. It underscores the opportunity the company sees to court business in the country, and highlights how OpenAI...