Tebi, the Amsterdam-based startup founded by Adyen co-founder Arnout Schuijff, announced on June 10 that it raised €30 million ($34 million) in fresh funding led by Alphabet's (NASDAQ:GOOG, GOOGL)) growth fund, CapitalG, to scale its AI-powered platform for hospitality businesses. The round brings Tebi's total funding to €56 million, following an earlier Series A led by Index Ventures. The new capital will drive Tebi's international expansion beyond the Netherlands, where it already supports res...
Continue ReadingC3.ai's partnerships with the likes of Microsoft produced 73% of the agreements closed in its fiscal 2025. Artificial intelligence (AI) stocks remain attractive investments despite the current macroeconomic turmoil exasperated by President Trump's mercurial trade policies. Wall Street analyst Dan Ives explained why, stating, "In 25 years covering tech, I've never seen a bigger theme than the AI revolution."...
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Continue ReadingTim Derner will work to expand the company's global distribution and strengthen its partnerships around the world...
Continue ReadingReport says OpenAI won't extend Azure access to Windsurf's code despite deep MS ties...
Continue ReadingA mother struggling with schizophrenia, extreme poverty, and the demands of raising a teenager is now facing a $32,000 bill from the Social Security Administration. According to a post on the r/SocialSecurity subreddit, this woman — who was receiving Social Security Disability Insurance, or SSDI — unknowingly earned too much income while trying to make ends meet. Now, the SSA is asking for repayment of every dollar they say she was overpaid. Here's what happened — and what others in similar situ...
Continue ReadingWaymo is expanding its commercial robotaxi service area by another 80 square miles, a move that brings its driverless vehicles into new parts of Los Angeles, Silicon Valley, and the San Francisco Bay Area...
Continue ReadingDid you know that artificial intelligence works in “factories?” It does, but without an artificial lunchbox and an artificial hardhat. Factories are what AI chip maker Nvidia and electrical infrastructure supplier Schneider Electric call the data centers where ChatGPT or Alphabet’s Gemini learn to answer users’ questions and then help teenagers summarize The Odyssey. BofA Securities forecasts data-center spending will grow 12% a year on average for the coming few years, hitting more than $400 billion by 2028...
Continue ReadingYouTube represented 12.5% of all television viewing in May—the highest share of TV for any streamer to date...
Continue ReadingROKU surges 10% on Amazon Ads deal, boosting its ad reach to 80M CTV homes, but valuation and device losses suggest investors should hold the stock for now...
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