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 […]
Iconiq raises $5.15B toward seventh flagship fund
Iconiq Capital has raised $5.15 billion across two funds associated with the seventh growth fund family, according to SEC filings. The firm, which launched in 2011 as a […]
The IBM-HashiCorp coupling could be more complicated than it seems
When IBM announced its intention to acquire HashiCorp for $6.4 billion on Wednesday at market close, it was easy to conclude that the two companies should fit well […]
IBM moves deeper into hybrid cloud management with $6.4B HashiCorp acquisition
IBM wisely gravitated away from trying to be a pure cloud infrastructure vendor years ago, recognizing that it could never compete with the big three: Amazon, Microsoft and […]
GGV Capital is no more, as partners announce two separate brands
The VCs who long ran GGV Capital, the 24-year-old cross-border firm that helped serve as a bridge between the U.S. and China, have settled on two new brands […]
Polar Signals wants to help companies cut cloud costs with more efficient code
A young startup is setting out to help enterprises cut their cloud costs by writing “more efficient” code — and it has secured $6.8 million in fresh funding […]
Terraform fork OpenTofu is now ready for prime time
OpenTofu, the open source Terraform fork, has hit general availability (GA) some four months after launch. The eternal struggle between open source and proprietary software was laid bare […]
Google’s GitHub Copilot competitor is now generally available and will soon use the Gemini model
Google today announced that Duet AI for Developers, the suite of AI-powered assistance tools for code completion and generation the company announced earlier this year, is now generally […]
With Functional Source License, Sentry wants to grant developers freedom ‘without harmful free-riding’
Yet another software license is vying for the attentions of SaaS companies seeking to align themselves with the open source realm, without compromising their commercial endeavors. Sentry, an […]
GitHub teases Copilot enterprise plan that lets companies customize for their codebase
GitHub today announced plans for an enterprise subscription tier that will allow companies to fine-tune its Copilot pair-programmer based on their internal codebase. The news constituted part of […]