All articles by BV Swagath
BV Swagath
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.
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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.
Apple announces $100bn investment to boost US manufacturing
Over the next four years, Apple aims to hire 20,000 employees in R&D, silicon engineering, software development, and AI.