The Software Report

Temporal Technologies receives $146 Software Tiger Global Management, StepStone Group, Sequoia Capital, MongoDB Ventures, Index Ventures, Hanwha Asset Management Co., Ltd., Conversion Capital, Amplify Partners, and 137 Ventures. Temporal provides an open-source durable execution platform that guarantees the execution of complex workflows even in the face of system failures and allows developers to focus entirely on business logic. To nominate for Top Cybersecurity Company, click here: https://lnkd.in/gTyq35fK To nominate for Top Cybersecurity Executive, click here: https://lnkd.in/efkmkjA Sign up for our free email newsletter at https://lnkd.in/gNqDJab #software #saas #venturecapital #opensource

𝗧𝗵𝗲 𝗯𝗶𝗴 𝗻𝗲𝘄𝘀: Elon Musk’s xAI acquired the social media platform X, also owned by Musk, in a deal that valued X at $33 billion. Musk bought the company formerly known as Twitter for $44 billion in 2022.  𝗢𝗻 𝘁𝗵𝗲 𝗺𝗼𝘃𝗲: Identify verifications solutions provider Trulioo, based in Canada, announced that Vicky Bindra would become its new Chief Executive Officer, taking over for Steve Munford, who served in the role for five years.  𝗧𝗵𝗲 𝗯𝘂𝘇𝘇: The U.S. Copyright Office announced that works created by Artificial Intelligence are not subject to copyright protections. Per Reuters, the office “maintains that human authorship and creativity remain essential in the quest to obtain copyright protection for works involving materials created by artificial intelligence.” 𝗢𝗻 𝘁𝗵𝗲 𝗿𝗶𝘀𝗲: Quantum computing startup PsiQuantum raised $750 million at a $6 billion valuation, according to reports. BlackRock led the fundraising effort, as Psiquantum looks to make photonic quantum computers a reality.   𝗪𝗵𝗮𝘁’𝘀 𝗻𝗲𝘅𝘁: AI group MLCommons unveiled two new benchmarks to measure AI productivity, according to Reuters. One of the new benchmarks is based on Meta's Llama 3.1 405-billion-parameter AI model, per the report.

Intel Corporation Appoints Lip-Bu Tan as New Chief Executive Officer To nominate for Top Cybersecurity Company, click here: https://lnkd.in/gTyq35fK To nominate for Top Cybersecurity Executive, click here: https://lnkd.in/efkmkjA Sign up for our free email newsletter at https://lnkd.in/gNqDJab #software #saas #leadership https://lnkd.in/gnyry6rC

Founder, CEO Tooey Courtemanche Shifts to Executive Chairman Role To nominate for Top Cybersecurity Company, click here: https://lnkd.in/gTyq35fK To nominate for Top Cybersecurity Executive, click here: https://lnkd.in/efkmkjA Sign up for our free email newsletter at https://lnkd.in/gNqDJab #software #saas #leadership https://lnkd.in/gCDYEnf6

One thing is clear: AI is still just getting started. AI isn’t just evolving—it’s reshaping the way businesses are formed, operate, and compete with one another. Just in the past four years, AI has transformed from smart autocomplete to copilots, autonomous agents, and custom enterprise models. What began as a tool is now embedded as a foundation across almost all sectors and transforming the roles and responsibilities of employees at almost every level. As Bill Gates recently said, “it’s very profound and even a little bit scary because it’s happening very quickly, and there is no upper bound.” As the US is an arms race for AI, the pressure continues as topics such as ethics and governance are also now at stake. This deck unpacks where AI is today, the trends shaping 2025, and what is to come. #AITrends #ArtificialIntelligence #GenerativeAI #FutureOfWork #AIInnovation

Finastra Launches Enhanced Lending Cloud Service with IBM Support To nominate for Top Cybersecurity Company, click here: https://lnkd.in/gTyq35fK To nominate for Top Cybersecurity Executive, click here: https://lnkd.in/efkmkjA Sign up for our free email newsletter at https://lnkd.in/gNqDJab #software #saas #finance https://lnkd.in/gAU7Twev

Jivox Is Making Retail Ads Work Smarter Retail media is booming–and so are the headaches of managing it. Jivox’s latest launches aim to fix that. The company kicked off March with the launch of its Creative Compliance Checker, an AI-powered tool that scans ad creatives for compliance with retailer specs using agentic AI and Retrieval-Augmented Generation. By automating the review process, the tool helps advertisers avoid costly delays and get campaigns live on time. That release followed the January debut of IQ DaVinci+, an upgraded platform that lets advertisers build and launch retail media campaigns across Amazon DSP, Walmart Connect, and The Trade Desk in under five minutes. With creative, audience, and media workflows all in one place, Jivox is streamlining what used to be a fragmented, and time-consuming, process. To support that speed, the platform offers pre-approved, customizable templates, built-in smart resize tools, and generative AI to handle everything from layout tweaks to background edits. It’s all part of Jivox’s push to reduce friction in retail media and give brands faster, more flexible ways to reach shoppers.

OpenAI receives $40 billion in funding from Thrive Capital, SoftBank Investment Advisers, Microsoft, Coatue, and Altimeter Capital. OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artificial intelligence benefits all of humanity. AI is an extremely powerful tool that must be created with safety and human needs at its core. OpenAI is dedicated to putting that alignment of interests first — ahead of profit. To nominate for Top Cybersecurity Company, click here: https://lnkd.in/gTyq35fK To nominate for Top Cybersecurity Executive, click here: https://lnkd.in/efkmkjA Sign up for our free email newsletter at https://lnkd.in/gNqDJab #software #saas #venturecapital #artificialintelligence

Google to Acquire Wiz for $32 B to Enhance Cloud Security To nominate for Top Cybersecurity Company, click here: https://lnkd.in/gTyq35fK To nominate for Top Cybersecurity Executive, click here: https://lnkd.in/efkmkjA Sign up for our free email newsletter at https://lnkd.in/gNqDJab #software #saas #searchengine #cloud #internet https://lnkd.in/gqwVii_b

Rio Tinto Secures Major Solar and Battery Deal to Cut Emissions by 70% To nominate for Top Cybersecurity Company, click here: https://lnkd.in/gTyq35fK To nominate for Top Cybersecurity Executive, click here: https://lnkd.in/efkmkjA Sign up for our free email newsletter at https://lnkd.in/gNqDJab #software #saas #mining https://lnkd.in/g24GaEuk