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Databricks makes its play for AI agents, Meta plays catch-up, and Chime’s IPO shines
- Databricks aims to lead the way to AI agents using its data platform and new database, Lakebase, targeting AI democratization and data analytics simplification.
- Google Cloud faced disruptions impacting internet service, leaving the cause unclear.
- Mark Zuckerberg's Meta makes a move to enhance AI capabilities with Scale AI acquisition and CEO appointment for a 'superintelligence lab.'
- Chime's IPO raises $700 million, reflecting investor optimism, while Oracle and Adobe report solid earnings and GitLab faces revenue outlook challenges.
- Cisco launches AI-friendly networking products, AWS emphasis on data center investment, and Apple criticized for AI delays in Siri.
- Cybersecurity funding highlights include Cyera's $540 million raise and Horizon3.ai's $100 million funding.
- Meta introduces J-VEPA 2 AI model, OpenAI debuts o3-pro reasoning model, and Google develops AI for tropical cyclone forecasting.
- Financial highlights feature Meta's investment talks, OpenAI's $10 billion revenue, and Laurel's $100 million funding for time intelligence tech.
- Recent company acquisitions, product launches, and earnings from various tech giants are detailed in the article.
- Security updates include Cyera's $6 billion valuation raise and new products and services like Vanta's AI Agent for compliance workflows.
- Emerging tech news covers Apple's design and capabilities update, IBM's quantum computer roadmap, Stripe's Privy acquisition, and Uber's robotaxis in London plans.
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