Tech

Commercial services tech hasn’t historically been considered “sexy,” but the need for innovation in the space is enormous. That need has translated into a large fundraise for a company focused on streamlining commercial contracting processes. On Friday, BuildOps, which develops software for commercial services contractors, announced that it has raised $127 million in a Series … Read more

Apple has been sued in federal court over what plaintiffs allege is false advertising of several Apple Intelligence features. Filed Wednesday in U.S. District Court in San Jose, the suit seeks class-action status and damages on behalf of those who purchased Apple Intelligence-capable iPhones and other devices. Plaintiffs claim that device owners haven’t received the … Read more

Nvidia took San Jose by storm this year, with a record-breaking 25,000 attendees flocking to the San Jose Convention Center and surrounding downtown buildings. Many workshops, talks, and panels were so packed that people had to lean against walls or sit on the floor — and suffer the wrath of organizers shouting commands to get … Read more

Gwyneth Paltrow gave an update on her company Goop in a cover story for Vanity Fair.  Paltrow founded the lifestyle brand Goop in 2008 and it has raised more than $140 million from investors including Greycroft and G9 Ventures, according to Pitchbook. The brand is often regarded as one of the first examples of a … Read more

Amid an ongoing regulatory battle with European privacy authorities, Meta announced on Thursday that its AI-powered virtual assistant, Meta AI, is finally launching in the European Union. The chatbot-like tool will be rolled out across Meta’s portfolio of social platforms, albeit with a more limited feature set compared to what it offers in its domestic … Read more

A Swedish startup aiming to build a hyperscale cloud company in Europe has raised €50.6 million ($55 million) in Series A funding. Evroc, as it’s called, says it’s laying the foundations for a “secure, sovereign and sustainable hyperscale cloud to reimagine the digital future of Europe.” The announcement comes amid growing calls to create a … Read more

Wiz’s $32 billion all-cash acquisition by Google parent Alphabet promises a colossal payday for the cybersecurity startup’s early-stage investors. The deal is a big win for Sequoia, one of the best-known VC firms, which stands to make $3 billion, about 25x the money it invested in the company, Bloomberg reported. Despite substantial returns for Sequoia’s … Read more

Raj Aggarwal is leaving AWS after nearly three years as the company’s GM of generative AI and revenue acceleration, according to a LinkedIn post Aggarwal published Wednesday. “I’m proud of the pioneering work our team did in generative AI from its earliest days,” Aggarwal said in his post. “We built what might be the world’s … Read more

Booking an ad campaign with social media influencers is currently not exactly easy. For starters, influencers’ approaches to marketing can be unconventional, and there’s no standard way to engage with them. On the other side, marketing agencies that employ hosts of people to book and track brand campaigns are limited by how many influencers they … Read more