AI voice generation startup ElevenLabs has surpassed $330 million in annual recurring revenue (ARR), CEO Mati Staniszewski said in an interview. bloomberg. “Really, what is it [growth in ARR] Shows that trajectory across the company. We started the company in 2022 and launched the first product in 2023. It took us 20 months to reach…
Microsoft on Tuesday promised that consumers won’t pay more when the software maker sets up data centers nearby. The company also committed to replenish more water than it uses, and to add to local tax bases in places where it has data centers. “Our pledge to each of these communities is that we will pay…
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Saturday, Dec. 13, 2025. Trump said there will be “serious retaliation” after two US Army soldiers and an interpreter were killed in Syria on Saturday, and three other…
Venture capital firm Andreessen Horowitz has raised $15 billion to bolster bets across an array of areas including infrastructure, health and what the it calls “American Dynamism,” co-founder Ben Horowitz said in a blog post on Friday. The bulk of the capital, $6.75 billion, will go toward a growth fund and two $1.7 billion funds, with…
George Conrades, then chairman and CEO of Akamai Technologies, listens during a meeting of the National Infrastructure Advisory Council in Washington on April 13, 2004. Jay Mallin | Bloomberg | Getty Images Oracle said Friday that two longtime directors, both octogenarians, have resigned from the board. George Conrades, former CEO of content network distribution company…
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters OpenAI and SoftBank announced plans to invest $1 billion in SB Energy as part of a strategic partnership that will support OpenAI’s artificial intelligence infrastructure buildout. The partnership…
Microsoft CEO Satya Nadella speaks during the Future Decoded Tech Summit in Bengaluru, India, on Feb. 25, 2020. Microsoft will open a new data-center region in Spain, expanding their strategic partnership with Telefonica SA, according the the statement by Telefonica. Samyukta Lakshmi | Bloomberg | Getty Images Microsoft has identified itself as the mystery company…
An electric air taxi by Joby Aviation sits at the Downtown Manhattan Heliport in New York City, Nov. 12, 2023. Roselle Chen | Reuters Joby Aviation on Wednesday said it bought a 700,000-square-foot manufacturing facility in Dayton, Ohio, as the air taxi maker gears up to meet its production goals for electric vertical takeoff and…
Advanced Micro Devices CEO Lisa Su said Tuesday that artificial intelligence has not slowed the pace of hiring at her company, but the candidates who have truly embraced the technology have become a priority. “I would say that we’re actually not hiring fewer people,” Su told CNBC’s Jon Fortt on Tuesday from the CES conference…
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Software startup NinjaOne has surpassed $500 million in annual recurring revenue, or ARR, the company announced Tuesday. The IT management platform saw revenue grow nearly 70% year over year and its customer base increase more than 60% over the last year to 35,000. President and…
