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cloud enterprise

Broadcom Reportedly in Talks to Acquire Data Center Firm VMware

By
Kevin McLaughlin
· · Source: Bloomberg

Broadcom is in talks to acquire data center management software company VMware, Bloomberg reported . The deal, which would likely cost at least $50 billion, would be the largest-ever acquisition of a software firm and bolster a Broadcom enterprise technology portfolio that already includes old guard companies like CA Technologies. VMware, which has a market capitalization of around $40...

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Anthropic in Talks to Raise $2 Billion From Google and Others Just Days After Amazon Investment
By Kate Clark, Anissa Gardizy and Stephanie Palazzolo · Oct. 3, 2023 3:17 PM PDT
Dario Amodei, co-founder and CEO of Anthropic. Photo via Getty.
Anthropic, one of the main rivals of OpenAI, is in talks with investors to raise at least $2 billion in new funding, following a commitment from Amazon last week to invest $1.25 billion in the company, according to three people with direct knowledge. Anthropic has told investors that Google, which bought a roughly 10% stake in the startup in 2022, is expected to invest in the round, two of the...
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Former Apple design chief Jony Ive and OpenAI CEO Sam Altman. Photos by Getty.
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By Jessica E. Lessin and Stephanie Palazzolo
Jony Ive, the renowned designer of the iPhone, and OpenAI CEO Sam Altman have been discussing building a new AI hardware device, according to two people familiar with the conversations.
From left: Paul Graham, Garry Tan and Michael Seibel. Photos by Getty. Art by Mike Sullivan.
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By Kate Clark
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Dave Rogenmoser, cofounder of Jasper. Photo via Getty.
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Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth Slows
By Natasha Mascarenhas and Stephanie Palazzolo
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Nvidia CEO Jensen Huang. Photo by Getty
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Nvidia Deepens Push Into AWS’ Turf
By Anissa Gardizy
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Dave Rogenmoser, co-founder of Jasper. Photo by Bloomberg via Getty.
AI Agenda ai
AI Startups Are Facing a Reckoning
By Stephanie Palazzolo
A reckoning may be coming for once-hot artificial intelligence startups. Among the most vulnerable: consumer apps (think Character.AI) and “thin wrapper” startups like CopyAI that merely provide a nice user interface on top of a third-party model from model developers like OpenAI.
Art by Mike Sullivan.
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