Trending News: U.S. lawmakers have concerns about Apple-Alibaba dealMicrosoft’s Satya Nadella is choosing chatbots over podcastsMIT disavows doctoral student paper on AI’s productivity benefitsEpic Games asks judge to force Apple to approve FortniteY Combinator startup Firecrawl is ready to pay $1M to hire three AI agents as employeesOpenAI’s planned data center in Abu Dhabi would be bigger than MonacoAI startup Cohere acquires Ottogrid, a platform for conducting market researchAI video startup Moonvalley lands $53M, according to filingOpenAI launches Codex, an AI coding agent, in ChatGPTIs $1 billion a lot of money these days?Epic Games says Apple is blocking Fortnite from the US and EU App StoresxAI blames Grok’s obsession with white genocide on an ‘unauthorized modification’Sam Altman’s goal for ChatGPT to remember ‘your whole life’ is both exciting and disturbingFake fired Twitter worker ‘Rahul Ligma’ is a real engineer with an AI data startup used by HarvardVibe coding startup Windsurf launches in-house AI modelsAnthropic’s lawyer was forced to apologize after Claude hallucinated a legal citationProgrammers bore the brunt of Microsoft’s layoffs in its home state as AI writes up to 30% of its codeGoogle rolls out new AI and accessibility features to Android and ChromeCognichip emerges from stealth with the goal of using generative AI to develop new chipsHedra, the app used to make talking baby podcasts, raises $32M from a16zHarvey reportedly in discussions to raise $250M at $5B valuationGrok is unpromptedly telling X users about South African ‘white genocide’OpenAI brings its GPT-4.1 models to ChatGPTSoundCloud backtracks on AI-related terms-of-use updatesOpenAI pledges to publish AI safety test results more oftenStability AI releases an audio-generating model that can run on smartphonesDeepMind claims its newest AI tool is a whiz at math and science problemsOpenAI may build data centers in the UAEGoogle’s Gemini chatbot can now more easily analyze GitHub projectsTensor9 helps vendors deploy their software into any environment using digital twinsTensorWave raises $100M to grow its AMD-powered cloud infrastructureDatabricks to buy open-source database startup Neon for $1BGoogle tests replacing ‘I’m Feeling Lucky’ with ‘AI Mode’Attend TechCrunch Sessions: AI with this new, limited-time discountxAI’s promised safety report is MIAAnthropic, Google score win by nabbing OpenAI-backed Harvey as a userAWS enters into ‘strategic partnership’ with Saudi Arabia-backed HumainTikTok launches TikTok AI Alive, a new image-to-video toolTencent hires WizardLM team, a Microsoft AI group with an odd historySpotify’s AI DJ now lets you use voice commands to personalize your tunesGoogle’s bringing Gemini to your car with Android AutoGoogle is bringing Gemini to Wear OS smartwatches and Google TVAudible is expanding its AI-narrated audiobook library Trump admin officially rescinds Biden’s AI diffusion rulesImprovements in ‘reasoning’ AI models may slow down soon, analysis findsAllTrails debuts $80/year membership that includes AI-powered smart routesMicrosoft Build 2025: What to expect, from Azure to Copilot upgradesEven a16z VCs say no one really knows what an AI agent isGoogle I/O 2025: How to watch all the AI and Android revealsSam Altman apparently does not respect olive oilSaudi prince launches AI venture as Trump, Musk, Altman, and Zuckerberg arrive for conferenceGoogle launches new initiative to back startups building AIGoogle’s Gemma AI models surpass 150M downloadsOpenAI’s Stargate project reportedly struggling to get off the ground, thanks to tariffsThis American VC is betting on European defense tech; that’s still very unusualTrump fires Copyright Office director after report raises questions about AI trainingMicrosoft and OpenAI may be renegotiating their partnershipThe Backbone Pro controller makes mobile gaming worth the hassleAmazon offers peek at new human jobs in an AI bot worldOpenAI’s enterprise adoption appears to be accelerating, at the expense of rivalsA timeline of the U.S. semiconductor market in 2025The US is reviewing Benchmark’s investment into Chinese AI startup Manus Google I/O 2025: What to expect, including updates to Gemini and Android 16SoundCloud changes policies to allow AI training on user contentCoreWeave reportedly looks to raise $1.5B in debt as IPO disappointsMeta’s speeding up the ‘Mad Men to Math Men’ pipelineThis is your last chance to exhibit at TechCrunch Sessions: AI — don’t miss outMicrosoft employees are banned from using DeepSeek app, president says ChatGPT’s deep research tool gets a GitHub connector to answer questions about codeGoogle launches ‘implicit caching’ to make accessing its latest AI models cheaperMeta taps former Google DeepMind director to lead its AI research labEx-Synapse CEO reportedly trying to raise $100M for his new humanoid robotics ventureExhibit your startup at TechCrunch Sessions: AI while you still can! Google rolls out AI tools to protect Chrome users against scamsSequoia leads $1.5B tender offer for sales automation startup ClayOpenAI launches a data residency program in AsiaAmazon’s newest AI tool is designed to enhance product listingsWhy Hims & Hers turned to the autonomous vehicle industry to find an AI-savvy CTOAsking chatbots for short answers can increase hallucinations, study findsInstacart CEO Fidji Simo is joining OpenAIFastino trains AI models on cheap gaming GPUs and just raised $17.5M led by KhoslaAnthropic rolls out an API for AI-powered web searchOpenAI and the FDA are reportedly discussing AI for drug evaluationsAmazon debuts a warehouse robot with a sense of ‘touch’OpenAI wants to team up with governments to grow AI infrastructureApple is looking to add AI search engines to SafariServiceNow acquires Data.World months after snatching up MoveworksMicrosoft adopts Google’s standard for linking up AI agentsFigma releases new AI-powered tools for creating site, app prototypes, and marketing assetsMistral claims its newest AI model delivers leading performance for the priceMark Zuckerberg’s AI ad tool sounds like a social media nightmareAI data startup WisdomAI nabs $23M with a smart way to avoid hallucinationsGame, Sett, Funding: a startup building AI agents for game development emerges from stealth with $27MNetflix debuts its generative AI-powered search toolOx Security lands a fresh $60M to scan for vulnerabilities in codeAmazon is working on an AI code generation toolOpenAI expects to cut share of revenue it pays Microsoft by 2030Hugging Face releases a free Operator-like agentic AI toolReddit will tighten verification to keep out human-like AI botsIBM CEO urges the Trump Administration to increase — not cut — federal AI R&D funding
Sun. May 18th, 2025
Trending News: U.S. lawmakers have concerns about Apple-Alibaba dealMicrosoft’s Satya Nadella is choosing chatbots over podcastsMIT disavows doctoral student paper on AI’s productivity benefitsEpic Games asks judge to force Apple to approve FortniteY Combinator startup Firecrawl is ready to pay $1M to hire three AI agents as employeesOpenAI’s planned data center in Abu Dhabi would be bigger than MonacoAI startup Cohere acquires Ottogrid, a platform for conducting market researchAI video startup Moonvalley lands $53M, according to filingOpenAI launches Codex, an AI coding agent, in ChatGPTIs $1 billion a lot of money these days?Epic Games says Apple is blocking Fortnite from the US and EU App StoresxAI blames Grok’s obsession with white genocide on an ‘unauthorized modification’Sam Altman’s goal for ChatGPT to remember ‘your whole life’ is both exciting and disturbingFake fired Twitter worker ‘Rahul Ligma’ is a real engineer with an AI data startup used by HarvardVibe coding startup Windsurf launches in-house AI modelsAnthropic’s lawyer was forced to apologize after Claude hallucinated a legal citationProgrammers bore the brunt of Microsoft’s layoffs in its home state as AI writes up to 30% of its codeGoogle rolls out new AI and accessibility features to Android and ChromeCognichip emerges from stealth with the goal of using generative AI to develop new chipsHedra, the app used to make talking baby podcasts, raises $32M from a16zHarvey reportedly in discussions to raise $250M at $5B valuationGrok is unpromptedly telling X users about South African ‘white genocide’OpenAI brings its GPT-4.1 models to ChatGPTSoundCloud backtracks on AI-related terms-of-use updatesOpenAI pledges to publish AI safety test results more oftenStability AI releases an audio-generating model that can run on smartphonesDeepMind claims its newest AI tool is a whiz at math and science problemsOpenAI may build data centers in the UAEGoogle’s Gemini chatbot can now more easily analyze GitHub projectsTensor9 helps vendors deploy their software into any environment using digital twinsTensorWave raises $100M to grow its AMD-powered cloud infrastructureDatabricks to buy open-source database startup Neon for $1BGoogle tests replacing ‘I’m Feeling Lucky’ with ‘AI Mode’Attend TechCrunch Sessions: AI with this new, limited-time discountxAI’s promised safety report is MIAAnthropic, Google score win by nabbing OpenAI-backed Harvey as a userAWS enters into ‘strategic partnership’ with Saudi Arabia-backed HumainTikTok launches TikTok AI Alive, a new image-to-video toolTencent hires WizardLM team, a Microsoft AI group with an odd historySpotify’s AI DJ now lets you use voice commands to personalize your tunesGoogle’s bringing Gemini to your car with Android AutoGoogle is bringing Gemini to Wear OS smartwatches and Google TVAudible is expanding its AI-narrated audiobook library Trump admin officially rescinds Biden’s AI diffusion rulesImprovements in ‘reasoning’ AI models may slow down soon, analysis findsAllTrails debuts $80/year membership that includes AI-powered smart routesMicrosoft Build 2025: What to expect, from Azure to Copilot upgradesEven a16z VCs say no one really knows what an AI agent isGoogle I/O 2025: How to watch all the AI and Android revealsSam Altman apparently does not respect olive oilSaudi prince launches AI venture as Trump, Musk, Altman, and Zuckerberg arrive for conferenceGoogle launches new initiative to back startups building AIGoogle’s Gemma AI models surpass 150M downloadsOpenAI’s Stargate project reportedly struggling to get off the ground, thanks to tariffsThis American VC is betting on European defense tech; that’s still very unusualTrump fires Copyright Office director after report raises questions about AI trainingMicrosoft and OpenAI may be renegotiating their partnershipThe Backbone Pro controller makes mobile gaming worth the hassleAmazon offers peek at new human jobs in an AI bot worldOpenAI’s enterprise adoption appears to be accelerating, at the expense of rivalsA timeline of the U.S. semiconductor market in 2025The US is reviewing Benchmark’s investment into Chinese AI startup Manus Google I/O 2025: What to expect, including updates to Gemini and Android 16SoundCloud changes policies to allow AI training on user contentCoreWeave reportedly looks to raise $1.5B in debt as IPO disappointsMeta’s speeding up the ‘Mad Men to Math Men’ pipelineThis is your last chance to exhibit at TechCrunch Sessions: AI — don’t miss outMicrosoft employees are banned from using DeepSeek app, president says ChatGPT’s deep research tool gets a GitHub connector to answer questions about codeGoogle launches ‘implicit caching’ to make accessing its latest AI models cheaperMeta taps former Google DeepMind director to lead its AI research labEx-Synapse CEO reportedly trying to raise $100M for his new humanoid robotics ventureExhibit your startup at TechCrunch Sessions: AI while you still can! Google rolls out AI tools to protect Chrome users against scamsSequoia leads $1.5B tender offer for sales automation startup ClayOpenAI launches a data residency program in AsiaAmazon’s newest AI tool is designed to enhance product listingsWhy Hims & Hers turned to the autonomous vehicle industry to find an AI-savvy CTOAsking chatbots for short answers can increase hallucinations, study findsInstacart CEO Fidji Simo is joining OpenAIFastino trains AI models on cheap gaming GPUs and just raised $17.5M led by KhoslaAnthropic rolls out an API for AI-powered web searchOpenAI and the FDA are reportedly discussing AI for drug evaluationsAmazon debuts a warehouse robot with a sense of ‘touch’OpenAI wants to team up with governments to grow AI infrastructureApple is looking to add AI search engines to SafariServiceNow acquires Data.World months after snatching up MoveworksMicrosoft adopts Google’s standard for linking up AI agentsFigma releases new AI-powered tools for creating site, app prototypes, and marketing assetsMistral claims its newest AI model delivers leading performance for the priceMark Zuckerberg’s AI ad tool sounds like a social media nightmareAI data startup WisdomAI nabs $23M with a smart way to avoid hallucinationsGame, Sett, Funding: a startup building AI agents for game development emerges from stealth with $27MNetflix debuts its generative AI-powered search toolOx Security lands a fresh $60M to scan for vulnerabilities in codeAmazon is working on an AI code generation toolOpenAI expects to cut share of revenue it pays Microsoft by 2030Hugging Face releases a free Operator-like agentic AI toolReddit will tighten verification to keep out human-like AI botsIBM CEO urges the Trump Administration to increase — not cut — federal AI R&D funding
Sun. May 18th, 2025

SAP, and Oracle, and IBM, oh my! ‘Cloud and AI’ drive legacy software firms to record valuations

  • AI
  • June 29, 2024
  • 0 Comments

There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $200 for the first time. Founded in 1972, SAP’s valuation currently sits at an all-time high of $234 billion. The Germany-based enterprise software provider was valued […]

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