PowerSchool, a leading provider of K-12 education software, is set to go private in a $5.6 billion deal with Bain Capital. This acquisition is part of a broader trend of private equity firms snapping up enterprise software companies at attractive valuations.
Founded in 1997, PowerSchool began as a student information...
In a significant move aimed at addressing the needs of large organizations, Canva has launched a new enterprise version of its popular design tool. This new release marks a shift from their previous offering, which was more suitable for small teams rather than fulfilling the comprehensive requirements of large...
In the Netherlands, where sunny days can be few and far between, solar energy output often falls short. Wind turbines can help bridge the gap, but what happens when both the sun and wind are elusive? Enter Ore Energy, a startup poised to revolutionize long-duration energy storage with utility-scale...
Microsoft is taking a bold step into the future of computing by integrating generative AI deeply into its Windows operating system. At their recent Build developer conference, Microsoft introduced Copilot+ PCs, a new line of Windows machines designed to harness the power of AI. Alongside these PCs, they announced...
Lydia, the renowned French payment service, has made a significant pivot by introducing Sumeria, its latest innovation aimed at reshaping mobile banking. With a strong user base of 8 million, Lydia's decision to launch a challenger bank marks a pivotal moment in its evolution from a simple payment app...
As demand for generative AI continues to surge, the race to secure adequate and affordable GPU resources is intensifying. This burgeoning interest has cast a spotlight on alternative cloud providers like CoreWeave, who are stepping up as viable contenders against traditional giants in the cloud computing arena.
CoreWeave, originally a...
In an era where digital security is more crucial than ever, Google is stepping up its game with significant enhancements to its Advanced Protection Program (APP), especially timed for the upcoming U.S. presidential election. This initiative is particularly focused on safeguarding individuals who are frequently the targets of sophisticated...
When we trust our personal data to health insurance giants, we seldom imagine it falling into the wrong hands. Yet, that's exactly what happened with UnitedHealth's subsidiary, Change Healthcare, which recently suffered a significant ransomware attack leading to a vast theft of American health data.
UnitedHealth Group, one of the...
Microsoft is upping the ante in the artificial intelligence (AI) domain with the launch of its brand-new London hub, part of its burgeoning consumer AI division. Steering the ship is Jordan Hoffmann, a distinguished figure in the AI science and engineering landscape, whose recent transition from the innovative AI...
OpenAI is ushering in a new era of artificial intelligence with the expansion of its Custom Model program, offering a tailored approach to generative AI that promises to transform how enterprises leverage technology for their unique needs. This initiative marks a significant leap forward, providing organizations the tools to...
Spotify, renowned for revolutionizing music streaming, is now venturing into a new domain: e-learning. With over 600 million users already engaged with music, podcasts, and audiobooks on its platform, Spotify aims to enrich the user experience by introducing an innovative line of online video courses. This strategic move opens...
In a groundbreaking move that marks a significant milestone for the African fintech and mobility sector, Moove has raised a monumental $100 million in its latest funding round. This infusion of capital sends Moove's valuation soaring to $750 million, signaling a new chapter of growth and technological innovation in...
In the bustling world of artificial intelligence, a new contender has emerged, courtesy of Elon Musk. Grok, developed by X (formerly known as Twitter), is not just any chatbot. It's Musk's bold foray into an arena dominated by giants like OpenAI's ChatGPT. What sets Grok apart? It's its personality—equipped...
In the constantly evolving digital landscape, cybersecurity remains a pivotal concern for tech giants worldwide. Microsoft, a leading figure in the tech industry, has recently disclosed ongoing cybersecurity challenges it faces against sophisticated threats. Among these, the Russian government-backed hacking group, Midnight Blizzard, has emerged as a significant adversary,...
Imagine a world where your data remains encrypted not just at rest, but also in use, traveling securely through cyberspace without ever giving up its secrets. That's the promise of homomorphic encryption, a technology so powerful yet so complex, it has remained largely theoretical—until now. Paris-based startup Zama is...
In a significant stride towards revolutionizing satellite bus manufacturing, Apex Space, backed by notable investors like Andreessen Horowitz and Shield Capital, recently announced the successful orbit entry of its pioneering satellite. This landmark achievement signifies Apex Space's dedication to transforming the satellite manufacturing landscape.
The launch was part of SpaceX’s...
In the vast and ever-evolving tech landscape, Apple has stood out as a beacon of innovation, continuously pushing the boundaries of what's possible. Yet, for all its groundbreaking successes, the journey has been peppered with ambitious projects that didn't quite make it to the finish line. Most recently, Apple...
In a move that's straight out of a sci-fi movie, Uber Eats is teaming up with Mitsubishi Electric and the robotics wizards at Cartken to launch a groundbreaking food delivery service in Tokyo, Japan. This innovative venture promises to bring your favorite meals straight to your doorstep, courtesy of...
In a strategic move to redefine the future of hospitality, Airbnb has embraced artificial intelligence (AI), including a significant acquisition that could change how we experience travel. In November, the company acquired GamePlanner.AI, a stealth AI firm founded by Siri's co-creator, valuing the startup at an impressive $200 million....
In the ever-expanding realm of space exploration, a groundbreaking startup is setting its sights on the moon's untapped resources, aiming to revolutionize how we think about extraterrestrial materials and their potential uses back on Earth. Co-founded by Rob Meyerson, a notable figure with a rich history in the aerospace...
