As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31. One of the employees cut that day told…
Author: Julie Bort
Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high |
Cloudflare on Thursday joined a growing list of tech companies — including Meta, Microsoft, and Amazon — that have reported increased revenue alongside massive layoffs,…
Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B |
In Brief Posted: 4:11 PM PDT · May 7, 2026 Investors could not get enough of Ramp throughout 2025 and it looks like 2026 could…
Could Lovable’s automatic 10% pay raise be the cure for toxic cultures? |
Stockholm-based vibe-coding platform Lovable is growing revenue at an astronomical rate — and doing something that few U.S. companies, startup or otherwise, would even contemplate:…
DeepSeek could hit $45B valuation from its first investment round |
In Brief Posted: 10:20 AM PDT · May 6, 2026 DeepSeek is in talks to raise its first round of venture capital, and in just…
As crypto cools, a16z crypto raises a $2.2B fund |
In a blog post that lays out a vision for crypto’s future, ranging from a “new financial system” to warnings about “opaque” AI, a16z crypto…
OpenAI’s cozy partner Cerebras is on track for a blockbuster IPO |
In the long-running saga that is Cerebras Systems’s IPO, the finish line is finally in sight. The AI chipmaker said on Monday that it is…
Coatue has a plan to buy up land for data centers, possibly for Anthropic |
In Brief Posted: 11:23 AM PDT · May 1, 2026 Coatue, one of the biggest names in venture capital and hedge funds, has a new…
Y Combinator alum Skio sells for $105M cash, only raised $8M, founder says |
Skio, a 2020 Y Combinator alum that was founded by self-described college dropout Kennan Frost, has been acquired by competitor Recharge, the companies announced on…