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Exclusive-AI software startup Harness valued at $5.5 billion in latest financing round

Exclusive-AI software startup Harness valued at $5.5 billion in latest financing round

Dec 11 (Reuters) - Harness, an AI software development startup, has raised $200 million in a Goldman Sachs-led fundraising round that values it at $5.5 billion, the company said on Thursday.
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These are the key AI players on the cover of Time's 'Architects of AI' magazine

These are the key AI players on the cover of Time's 'Architects of AI' magazine

Accompanying Time’s annual person of the year selection Thursday is a magazine cover that resembles the “Lunch Atop a Skyscraper” photograph from the 1930s showing eight of the “Architects of AI” sitting on the beam
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Goldman Sachs Leads $5.5 Billion Investment in Software Startup Harness

Goldman Sachs Leads $5.5 Billion Investment in Software Startup Harness

Goldman Sachs Leads $5.5 Billion Investment in Software Startup Harness
Reuters Reuters
Oracle shares tumble as gloomy forecasts, higher capex reignite AI bubble concerns

Oracle shares tumble as gloomy forecasts, higher capex reignite AI bubble concerns

By Kanchana Chakravarty Dec 11 (Reuters) - Oracle shares slumped nearly 11% in premarket trading on Thursday after downbeat forecasts and higher capex fanned worries that its massive AI investments are taking longer than expected to pay off.
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Record $4.4B Investment in Israeli Cybersecurity as Global VCs Lead Funding

Record $4.4B Investment in Israeli Cybersecurity as Global VCs Lead Funding

Israeli cybersecurity startups have raised a record $4.4 billion in 2025, with global venture capital firms outpacing local investors. According to YL Ventures' State of the Cyber Nation Report, this marks a significant shift in the investment landscape, with US VCs leading seed funding rounds. The report highlights a surge in early-stage activity and acquisitions, reflecting the maturity and ambition of the Israeli cybersecurity ecosystem. Key trends include increased investment in AI security, vulnerability management, and endpoint security.
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Venture Capital Market Shift Empowers Founders in Deal-Making Dynamics

Venture Capital Market Shift Empowers Founders in Deal-Making Dynamics

Venture Capital Market Shift Empowers Founders in Deal-Making Dynamics
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Oracle's Debt Surge Raises Investor Concerns Amid AI Expansion

Oracle's Debt Surge Raises Investor Concerns Amid AI Expansion

Oracle's Debt Surge Raises Investor Concerns Amid AI Expansion
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Port Secures $100 Million Series C Funding to Enhance Agentic Engineering Platform

Port Secures $100 Million Series C Funding to Enhance Agentic Engineering Platform

Port Secures $100 Million Series C Funding to Enhance Agentic Engineering Platform
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Tiger Global Launches New Fund Targeting $2.2 Billion to Adopt Disciplined Investment Strategy

Tiger Global Launches New Fund Targeting $2.2 Billion to Adopt Disciplined Investment Strategy

Tiger Global Launches New Fund Targeting $2.2 Billion to Adopt Disciplined Investment Strategy
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Tiger Global Management Launches New Fund with Disciplined Investment Strategy

Tiger Global Management Launches New Fund with Disciplined Investment Strategy

Tiger Global Management Launches New Fund with Disciplined Investment Strategy
Reuters Reuters
Oracle's OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worries

Oracle's OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worries

By Aditya Soni Dec 9 (Reuters) - Months after Oracle's $400 billion-plus contract backlog ignited a stock-market frenzy, the enthusiasm has given way to doubts about its reliance on OpenAI and debt-fueled datacenter buildout, which will dominate its earnings on Wednesday.
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AI Researchers at NeurIPS Conference Grapple with Understanding Neural Networks

AI Researchers at NeurIPS Conference Grapple with Understanding Neural Networks

The Neural Information Processing Systems (NeurIPS) conference in San Diego has seen a record attendance of 26,000 participants, highlighting the growing interest in artificial intelligence (AI). Despite advancements, a key topic of discussion remains the interpretability of AI systems. Researchers and industry leaders acknowledge the complexity of understanding how AI models function. Google and OpenAI are taking different approaches to tackle this challenge. Google is focusing on practical methods with real-world impact, while OpenAI is pursuing a deeper understanding of neural networks. The conference also featured discussions on AI's role in scientific research, with initiatives like a $1 million prize to boost interpretability efforts.