Enterprise

Read the latest news on enterprise, from new products to large SaaS providers like Salesforce, Adobe, ServiceNow and Atlassian to funding for small SaaS companies and new products that help startups build their own SaaS.

Google’s trying to make waves with Gemini, its flagship suite of generative AI models, apps and services. So what’s Google Gemini, exactly? How can you use it? And how does…

Google Gemini: Everything you need to know about the new generative AI platform

Axelera designs AI-running chips and systems for applications like security, retail, automotive and robotics.

Axelera lands new funds as the AI chip market heats up

Orby AI, is building a generative AI platform that attempts to automate a range of different business workflows, including workflows that involve data entry, documents processing and forms validation.

Orby is building AI agents for the enterprise

Securing cloud services remains a challenge for enterprises. That’s why several companies have been working on security solutions that specifically address that need. In the latest example of that, Odaseva…

Odaseva raises $54M to secure Salesforce users

You can barely go an hour these days without reading about generative AI. While we are still in the embryonic phase of what some have dubbed the “steam engine” of…

Data lakehouse Onehouse nabs $35M to capitalize on GenAI revolution

CData builds connectors that enterprises can use to stitch together data from different sources – and locations, not just in the cloud – more easily.

CData, which helps orgs use data across apps and build AI models, snaps up $350M

In a push to bolster profits, more airlines are turning to controversial dynamic pricing tech, which prices fares and amenities variably based on a traveler’s willingness to pay for them.

Fetcherr lands $90M to get airlines on board with dynamic pricing

It’s unclear where Stability goes from here.

Stability AI lands a lifeline from Sean Parker, Greycroft

Payabli builds the infrastructure that allows companies, specifically software companies, to embed and facilitate payments through APIs.

Payabli is building payment management tools for software startups

Coder’s open-source software has around 1.2 million monthly active users, and Dropbox, Discord and Skydio are among the company’s paying customers.

Coder nabs new funds to move dev environments to the cloud

Etched, founded by Harvard dropouts, is building an AI chip that can only run one type of model: transformer-based models.

Etched is building an AI chip that only runs one type of model

The European Union accused Microsoft of breaching competition rules Tuesday. In a formal statement of objections, the bloc said it suspects the software giant of abusing antitrust rules by bundling…

EU accuses Microsoft of competition breach over Teams bundling

Rocketlane initially aimed to support customer onboarding. However, it has broadened its scope and doubled down on addressing the needs of professional services teams.

Rocketlane snags $24M to bring AI-led experiences for professional services teams

TechWolf has built an AI engine that ingests data from internal workflows to learn about the people doing that work.

TechWolf raises $43M to take an AI-sized bite out of the internal recruiting game

Emergence on Monday emerged from stealth with $97.2 million in funding.

Emergence thinks it can crack the AI agent code

Featured Article

What does ‘open source AI’ mean, anyway?

The Open Source Initiative is trying to address the debate stirring around the notion of “open-source AI.”

8:00 am PDT • June 22, 2024
What does ‘open source AI’ mean, anyway?

The Rockset buy fits into OpenAI’s broader recent strategy of investing heavily in its enterprise sales and tech orgs.

OpenAI buys Rockset to bolster its enterprise AI

Website building platform Squarespace is selling Tock, its restaurant reservation service, to American Express in a deal worth $400 million — the exact figure that Squarespace paid for the service…

Squarespace sells restaurant reservation system Tock to American Express for $400M

Paris has quickly established itself as a major European center for AI startups, and now another big deal is in the works.

Poolside is raising $400M+ at a $2B valuation to build a supercharged coding co-pilot

Claude 3.5 Sonnet can analyze both text and images as well as generate text, and it’s Anthropic’s best-performing model yet — at least on paper.

Anthropic claims its latest model is best-in-class

Christopher O’Donnell has hobbies. He likes music and playing guitar, but above all, he loves building software. Which is why three years after leaving HubSpot, he built Day.ai, a CRM…

Ex-HubSpot exec builds an AI-powered CRM that learns for you, with $4M seed led by Sequoia

Active Directory, the Microsoft directory service for connecting users with network resources, is used by more than 90% of all Fortune 1000 companies and many more besides. So it’s no…

Semperis, a specialist in Active Directory security now worth more than $1B, raises $125M

Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law firms with…

‘Lawyer-in-the-loop’ startup Wordsmith wants to bring AI paralegals to all employees

Featured Article

In spite of hype, many companies are moving cautiously when it comes to generative AI

Companies are extremely interested in generative AI as vendors push potential benefits, but turning that desire from a proof of concept into a working product is proving much more challenging.

9:00 am PDT • June 19, 2024
In spite of hype, many companies are moving cautiously when it comes to generative AI

The U.K.’s Competition and Markets Authority (CMA) has initiated a formal “phase 1” investigation into Hewlett Packard Enterprise’s (HPE) planned acquisition of Juniper Networks. The CMA said it’s in the…

UK probes HPE’s planned $14B Juniper Networks acquisition

Decagon is a generative AI platform that automates various aspects of customer support channels.

Decagon claims its customer service bots are smarter than average

SurrealDB, a startup developing a database architecture of the same name, has closed a new round of funding as it readies a managed service.

SurrealDB is helping developers consolidate their databases

Suse on Tuesday is announcing its AI strategy and SUSE AI solutions, a new vendor- and LLM-agnostic generative AI platform.

SUSE wants a piece of the AI cake, too

After announcing a strategic partnership with SoftBank in April, Perplexity — the AI search engine that has ambitions to take on Google — is now using the deal to expand…

Perplexity AI searches for users in Japan, via SoftBank deal
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