Key Takeaways: Nscale is presenting prospective investors with a striking measure of future demand: approximately $103 billion in total contracted revenue as the London-based AI cloud infrastructure provider considers a possible U.S. initial public offering. The contracts have an average duration of 5.7 years and
Key Takeaways: A proposal team receives a request for proposal at 9 a.m. The relevant material is scattered across SharePoint, Salesforce, archived PDFs, and several consultants’ personal folders. By the time someon...
Key Takeaways: Wonderful has closed a $550 million Series C funding round at a $5B valuation, giving the enterprise AI specialist substantial capital to develop its platform and increase global deployment capacity. Insight Partners led the round, while Salesforce joined existing investors Index Ventures, IVP, Vine
Key Takeaways: Wiz Inc. is expanding its presence in Washington as federal agencies face a widening gap between cloud security obligations and the government’s capacity to support them. Forward Global US Inc. registered Wiz Inc. as a lobbying client on August 28. The engagement covers efforts to increase funding f
Key Takeaways: Cyberattacks against water systems in several states are exposing a difficult trade-off at the center of the digital economy. Organizations have consolidated data and operational control to reduce costs, coordinate services, and improve speed. The same consolidation can give attackers a small number
Key Takeaways: Zacks Equity Research has highlighted MACOM Technology Solutions, Monolithic Power Systems, Inc. and Semtech Corporation as three companies positioned to benefit from improving conditions in analog and mixed-signal semiconductors. The call reflects a broader shift in the semiconductor cycle. Global
Key Takeaways: CPP Investments and Equinix have completed their US$4 billion acquisition of atNorth, placing substantial institutional and industry capital behind one of the Nordic region’s leading data center operators. The transaction gives CPP Investments a controlling interest in atNorth, reported at roughly 5
Key Takeaways: Cybersecurity in mining is no longer confined to stolen credentials or inaccessible office files. As mines connect processing plants, autonomous equipment, remote operations centers and logistics systems, a breach can interfere with the physical processes that keep workers safe and ore moving. Repor
Key Takeaways: Meta has reached a reported $18 billion settlement in a social media case brought by state attorneys general, resolving a significant legal dispute over how Instagram and Facebook affect younger users. The agreement emerged during the second week of proceedings after the case went to trial in August
Key Takeaways: Hybrid work has made the meeting room less predictable. Employees arrive with different laptops, operating systems, conferencing platforms and connectivity expectations, while IT teams are expected to...