All articles by BV Swagath

BV Swagath

IBM and AMD to partner on quantum-centric supercomputing

The initiative seeks to develop scalable, open-source platforms by combining IBM’s quantum computing with AMD’s HPC and AI strengths.

US Commerce Department revokes $7.4bn Biden-era grant

The decision follows findings that Biden-era officials unlawfully created Natcast for NSTC operations, bypassing legal authorisation.

Thoma Bravo to acquire Verint for $2bn

The deal will facilitate the merger of Verint with Thoma Bravo’s Calabrio, a provider of CX intelligence solutions.

Seemplicity raises $50m in Series B for vulnerability management

The company seeks to boost security team efficiency by automating exposure management tasks, streamlining aggregation and remediation processes.

Meta suspends AI hiring amid structural reorganisation

The hiring freeze, part of Meta’s broader restructuring, also restricts internal team transfers within its AI division.

FieldAI secures $405m for robotics intelligence expansion

The company has developed a universal software platform for robots, deployed across construction, energy, manufacturing, and others in global markets.

Thoma Bravo eyes Dayforce in potential $11bn deal

Dayforce, currently listed on the NYSE and TSX, could become privately-owned if an acquisition deal with Thoma Bravo is finalised.

Rigetti Computing unveils 36-qubit system on cloud platforms

The Cepheus-1-36Q system is claimed to halve the two-qubit gate error rate compared to the previous Ankaa-3 model.

1Kosmos secures $57m for passwordless authentication

The company integrates identity verification and passwordless authentication, thereby eliminating the need for third-party multi-factor authentication solutions.

IQM partners with TOYO to boost quantum tech in Japan

TOYO will market and sell IQM’s 5-qubit Spark and 20-150-qubit Radiance systems to universities and enterprises.