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AI & Enterprise
Zeiss overhauls SAP cloud ERP migration plan, shifts from greenfield to brownfield
Germany\'s optics company Zeiss Group has revised its plan to shift to SAP\'s cloud ERP software after costs rose, Bloomberg News reported. Zeiss decided to use a brownfield approach that moves existing software systems to the cloud, after a greenfield plan to build a new cloud-based system proved more complex than expected. A Zeiss spokesperson said the company regularly reviews large projects and adjusted the ERP migration to speed the transition and better meet business unit needs.
AI & Enterprise
SpaceX also explored acquiring AI coding startup Cognition
SpaceX explored acquiring AI coding startup Cognition AI, Bloomberg News reported, citing people familiar with the matter. The talks are not proceeding, the sources said, but the companies are still discussing ways to work together, including Cognition using SpaceX computing resources. Cognition was valued at $26 billion in a May funding round and is said to be discussing raising new funds at at least a $40 billion valuation.
AI & Enterprise
AI coding startup Cognition in talks for new funding at $40 billion valuation
Cognition, the developer of AI coding agent Devin, is in talks to raise more funding with a target valuation of at least $40 billion. TechCrunch, citing Bloomberg News on Tuesday, reported the company began discussing a new round with investors after raising $1 billion in May at a $26 billion valuation. Bloomberg, citing sources, said annualised revenue reaching $1 billion was cited as support for the valuation.
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Crypto
CFTC warns prediction markets not to use U.S.-style gambling odds
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Crypto
Trump bitcoin strategic reserve faces legal, jurisdiction hurdles
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AI & Enterprise
Crusoe in talks to raise $3 billion, valuation seen at $30 billion
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Crypto
Erebor bank talks new funding at $8 billion valuation
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AI & Enterprise
SoftBank to enter U.S. AI cloud computing market with SB Neo launch
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AI & Enterprise
AWS in talks to sell its own Trainium AI chip externally
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Finance
Ant Group tests AI agent interface in Alipay super app
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AI & Enterprise
Mistral AI seeks additional 3 billion euros in funding at 20 billion euros valuation
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Industry
Huawei aims for 1.4 nm chip density by 2031, unveils new design principle
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Crypto
SEC commissioner says synthetic tokens will not be allowed under tokenised securities rules
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AI & Enterprise
SAP invests in workflow automation tool n8n, to integrate into AI agent builder
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Crypto
Kraken parent Payward to buy Hong Kong stablecoin payments firm Reap for $600 million
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AI & Enterprise
DeepSeek valuation jumps as it seeks funding at $45 billion
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AI & Enterprise
U.S. NSA uses Anthropic Mythos to detect Microsoft software vulnerabilities
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AI & Enterprise
AI coding startup CognitionAI seeks additional funding at $25 billion valuation