Bookmarks (5) clear filters

Summary List Placement C3.ai, the AI startup founded and led by billionaire Tom Siebel, filed the paperwork for a potential IPO on Friday — a listing that would make it one of the relative few public companies in the space. Siebel himself is best-known as the founder of Siebel Systems, a one-time titan in the customer relationship management (CRM) space that was purchased by...

Summary List Placement Nvidia said Sunday it is buying UK-based Arm from Softbank for $40 billion in a stunning deal that would transform the graphics chip giant into a major AI powerhouse. The news ended weeks of speculation about Nvidia's reported interest in the chip design company that became a major player in the semiconductor market, posing a serious challenge to giants like Intel....

The good news: Valve confirms that a new "Half-Life" game is in the works, with a formal debut to come on Thursday morning. The weird part: Valve says that it's a "flagship VR game," a strong indication that it'll only be available for SteamVR, its PC virtual reality platform. Regardless, the confirmation of a new "Half-Life" game ends a 12-year drought for the very...

Niantic, the creator of Pokémon Go, is allowing small businesses to sponsor locations in the game for the first time ever. Pokémon Go has had advertising deals with giants like McDonald's and Starbucks practically since the game launched in 2016, but this is the first time that smaller companies will be able to buy these ads on their own. They can sponsor Pokéstops and...

SoftBank, WeWork's largest outside shareholder, wants the office-space-subleasing company to shelve its embattled IPO process, which has received a chilly reception from potential investors, according to the Financial Times. It is the latest blow to WeWork, which has also reportedly cut its projected valuation to under $20 billion — less than half the $47 billion valuation it got from its last fundraising round. SoftBank...