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Strava CEO Michael Martin told the FT that the San Francisco company plans to list "at some point," eyeing capital for more acquisitions. The company, backed by Sequoia Capital, TCV, and Jackson Square Ventures, was last valued at $2.2 billion in May.
Over the last two years, Nvidia has used its ballooning fortunes to invest in over 100 AI startups. Here are the giant semiconductor's largest investments.
Apple appears to be winding down support of Clips, with the company removing Clips from the App Store and saying it will no longer be making any updates.
This has been a big week for AI companies signing enterprise deals, with Zendesk unveiling new AI agents that are supposed to be able to resolve 80% of customer service issues, Anthropic and IBM announcing a strategic partnership, and Deloitte also announcing a deal with Anthropic.
President Donald Trump declared Friday that he will impose a 100% tariff on all imports from China, while also imposing export controls on “any and all critical software” from the United States.
Apple still has a shot at leading the AI-powered app era. As OpenAI launches its ChatGPT app platform, Apple’s smarter Siri and deep ecosystem could keep it ahead.
Though Benioff's shift mirrors Silicon Valley's broader accommodation of Trump, the exchange offered a rare glimpse of just how far that repositioning can go. The question now: will other Bay Area tech CEOs follow Benioff's lead and call for federal troops in their own backyard?
The corporate travel management company is moving forward under SEC rules that allow companies in IPO limbo to proceed at their own risk during the shutdown.
AI companies are making their much-anticipated enterprise plays, but the results are wildly inconsistent. Just this week, Deloitte announced it’s rolling out Anthropic’s Claude to all 500,000 employees. On the very same day, the Australian government forced Deloitte to refund a contract because their AI-generated report was riddled with fake citations. It’s a perfect snapshot […]