IT industry & companies
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- Artificial intelligence · IT industry & companies
Harvey and Legora reportedly eye IPOs
Legal AI firms Harvey and Legora are reported to be exploring IPO plans. The update also notes A&O reporting $1.1bn and the ongoing Legal Innovators NY conference.
Full story at Artificial Lawyer ↗ - Artificial intelligence · IT industry & companies
Anthropic sticks to its IPO plan at a lower valuation
Anthropic is pressing ahead with its IPO despite the tech selloff, at a valuation of $1.25 to $1.75 trillion, below the hoped-for $2 trillion. It aims to raise $80 to $100 billion before Thanksgiving. Rival OpenAI has also recently cut its valuation.
Full story at The Decoder ↗ - Artificial intelligence · Cloud & data centers · IT industry & companies
OpenAI says it will keep building data centers
OpenAI CFO Sarah Friar told CNBC on Friday the company will keep investing in data center construction to serve corporate customers. This comes after midterm elections in which, the report says, voters showed opposition to data centers.
Full story at Futurism ↗ - Smartphones & apps · IT industry & companies
TikTok launches a standalone Shop app
The standalone TikTok Shop app is available on iOS and Android in Singapore, Malaysia, Thailand and the Philippines. Users browse products via videos and livestreams; no wider rollout is announced.
Full story at Analytics Insight ↗ - Smartphones & apps · IT industry & companies
Samsung phone makers are reportedly unhappy
The headline says the people who make phones at Samsung are not happy. No further details are given.
Full story at SamMobile ↗ - Artificial intelligence · IT industry & companies · Enterprise software
Atlassian reports 10 million human-AI collaborations monthly
Atlassian's shareholder letter for the first quarter of fiscal 2027 cites 10 million collaborations a month between humans and AI agents. The company says the figure doubled in six months.
Full story at Atlassian ↗ - Artificial intelligence · IT industry & companies · IT law & regulation
Wealthsimple unveils new AI and banking features
Wealthsimple revealed a dozen new features covering AI, trading and banking. CEO Michael Katchen also said the federal government could ban fees for switching financial institutions.
Full story at MobileSyrup ↗ - IT industry & companies · Cloud & data centers · Data & databases
Dropbox plans to buy Tigris Data
Dropbox plans to acquire Tigris Data. It also unveiled DBX Agent Cloud.
Full story at datanami.com ↗
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