Big Tech is pouring billions into AI infrastructure, but mounting debt, negative cash flow, and growing investor skepticism are raising questions about the sustainability of the AI spending boom.
Intel is being hurt by PC sales as the AI industry gobbles memory and other components causing PC prices to rise.
The AI logistics startup will bolster the CRM giant’s Missionforce defense platform.
Wonderful said it will use its $550 million Series C funding to develop products faster, expand its FDE teams, and meet demand for its products.
The acquisition also leaves Sequoia-backed Serval as the de facto startup leader in AI IT service automation, industry watchers believe.
The AI era has completely broken enterprise buying patterns, and startups haven’t yet figured out how to navigate.
Google Cloud expands its enterprise AI push with Accenture, betting on forward-deployed engineers to drive adoption and overcome deployment bottlenecks.
Salesforce Koa is built on Nvidia’s open-weight Nemotron model and is trained to do sales, marketing, and customer-support tasks.
SK Hynix told TechCrunch the company hasn’t finalized any plans or arrangements yet.
Scimplify’s annualized revenue run rate has tripled to $200 million as it eyes U.S. expansion.