Business
$175M Series D Funding Rocket Island Technology Inc.’s Valuation to a Whopping $3B
Key Takeaways:
- Island Technology Inc., the secure enterprise browser developer, bagged a $175M Series D funding, thus doubling its valuation to $3 billion.
- Coatue,...
Business
Google Announces $1B Investment in Pacific Subsea Internet Infrastructure Enhancement
Key Takeaways:
- Google LLC commits to a $1 billion initiative for subsea internet improvements in the Pacific.
- The first project is establishing a new...
Artificial Intelligence
Boosting Small Businesses: Key Insights on Securing SBIR/STTR Grants from Expert Richard Giersch
Key Takeaways:
- Former biotech executive Richard Giersch provides a detailed guide on securing SBIR/STTR grants for startups.
- Ensuring commercial potential, a robust budget justification,...
Artificial Intelligence
Anthropic Debuts Fast and Economical Claude 3 Haiku Model
Key Takeaways:
- Anthropic PBC, an AI startup, introduces Claude 3 Haiku Tuesday as the newest addition to its Claude 3 language models.
- This high-speed...
Artificial Intelligence
Resonance Security Inc. Unveils Comprehensive Cybersecurity Solution for Web3 Projects
Key Takeaways:
- Resonance Security Inc. has launched a comprehensive cybersecurity platform for Web3 projects.
- The platform integrates blockchain security best practices with traditional application...
Artificial Intelligence
Textio Restructures, Terminates 16% of Workforce to Support Product Growth
Key Takeaways:
- Textio announces 16% workforce reduction in a restructuring bid.
- The AI firm shifts resources to focus more on their product Textio Lift.
-...
Artificial Intelligence
Adobe Stock Plummets Amid Weak Guidance & Fears of AI Impact
Key Takeaways:
- Adobe Inc.'s shares dropped over 10% in extended trading despite strong Q1 results.
- The company's weak guidance fed investors' concerns.
- Fears that...
Artificial Intelligence
Smartsheet Achieves Revenue Milestone, Makes Leadership Changes, and Introduces AI Features
Key Takeaways:
- Smartsheet hits $1 billion in annualized recurring revenue in Q4.
- The company unveiled two AI extensions which a third of enterprise customers...