CLOUD - Techstreet Now (Page 880)

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TECH NEWS

Sources: DeepSeek closed a $7.4B round at a $50B valuation under an unusual structure requiring investors to put capital into an LP run by CEO Liang Wenfeng

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TECH NEWS

Beyond automation: How Axis Max Life is building the future of intelligent insurance

As AI reshapes industries, life insurers are moving beyond traditional digitisation toward intelligent ecosystems that can personalise experiences, automate complex decisions, and proactively serve customers. Axis Max Life Insurance is among the organisations pursuing this shift, embedding AI and data-driven intelligence across underwriting, claims, servicing, and customer engagement. For Mukul

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TECH NEWS

Sources: audited financial figures show OpenAI spending hit $34B in 2025, including $19B on research and development and nearly $6B on sales and marketing

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Sources: Microsoft is adding AWS capacity to GitHub after AI-driven growth strained infrastructure and triggered a series of reliability issues

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TECH NEWS

Memo: CTO Andrew Bosworth said Meta did “an atrocious job” sharing Applied AI's vision, promising employees better communication, career growth, and more perks

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Filing: the US DOJ asks court to dismiss an NAACP suit over xAI's gas turbines, saying xAI is integral to US' military operations, including the Iran War

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Sources: Trump officials weighed Anthropic export controls weeks before forcing its models offline, after a dispute over Mythos access for a China-linked firm

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Anthropic says its senior leaders met Trump admin officials on June 15, but no resolution was reached and both sides are working to resolve things quickly

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TECH NEWS

Oracle’s multicloud solutions: Powering AI by bringing intelligence closer to data

In an exclusive interview with Rishi Mehtani, Vice President and Head, Technology License and Multicloud, Oracle India, insights emerged on how Oracle’s multicloud strategy is helping enterprises overcome one of the biggest barriers to AI adoption—data gravity. As enterprises accelerate their AI ambitions, one constraint continues to dominate

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TECH NEWS

From pilots to profits: The next phase of Manufacturing 4.0

For years, Manufacturing 4.0 has been synonymous with experimentation. Manufacturers invested heavily in IoT sensors, connected machines, AI models, digital twins, and automation platforms, yet many initiatives struggled to move beyond pilot projects. Today, that narrative is changing. The industry’s focus has shifted from technology deployment to business

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TECH NEWS

Taxi-hailing app Go's shares grew 21% in its Tokyo debut, after raising $553M in Japan's largest IPO this year, giving the company a market value of ~$1.16B

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TECH NEWS

Anthropic Is Still at Odds With the White House Over Claude Fable 5

Trump administration officials concluded talks with Anthropic on Monday without lifting export controls that were imposed last week on the company’s most advanced AI models in response to jailbreaking concerns, according to three people briefed on the matter. The administration continues to believe that there are ways to disable