Techstartups

Databricks has closed a $5 billion funding round at a $190 billion valuation, giving the data and AI company another massive pool of private capital as enterprise spending on AI agents pushes its revenue higher. The financing comes less than … The post Da

One enterprise company reportedly learned the hard way that AI doesn't just write code and answer prompts. It can torch a budget at a pace most CFOs have never seen before. According to a report from Axios, an AI consultant revealed that one of their ente

Allbirds is attempting one of the wildest reinventions in recent memory. The sneaker company that once became a Silicon Valley favorite, reached a valuation of more than $4 billion, and turned sustainability into a brand identity, is now abandoning shoes

Technology News Today - Your Quick Briefing on Global Innovation, AI Developments & Startup News It's Wednesday, December 3, 2025, and we're back with your in-depth look at the most important developments shaping the global tech landscape - spanning AI ac

As more companies shift to hybrid and multi-cloud setups, keeping track of identity access has quietly become one of the biggest security headaches. The rise of shadow IT, machine-to-machine workloads, and AI systems acting with increasing autonomy only a

Amazon is set to cut around 14,000 managerial positions by early 2025, aiming to save between $2.1 billion and $3.6 billion annually. This reduction marks a 13% drop in Amazon's global management workforce, shrinking the number of managers from 105,770 to

Microsoft's AI head is plotting a future without OpenAI. According to a report from The Information, Mustafa Suleyman, the head of Microsoft's AI division, has set his sights on a bold objective: reducing the company's dependence on OpenAI. In a report ti

Late last year, we reported on a Chinese AI startup that surprised the industry with the launch of DeepSeek, an open-source AI model boasting 685 billion parameters. What made headlines wasn't just its scale but its performance-it outpaced OpenAI and Meta

Level, a benefits startup focused on providing flexible employee benefits, abruptly shut down on Thursday. The company informed its clients that efforts to sell the business had failed, forcing the closure and leaving customers in a difficult spot, accord

Huawei on Tuesday unveiled the Mate 70 series, its latest smartphone running on the company's self-developed HarmonyOS NEXT operating system. This marks another step in Huawei's drive for technological independence amid ongoing U.S. sanctions. The Mate 70