
RapidCanvas, which pairs an AI agent platform with its own engineers to build business apps for companies, raised a $29M Series B led by Vertex Ventures SEA & India, with Hitachi Ventures joining. It will hire in the US, Brazil, and India. Total fu…

“Our company has more layers, more handoffs and more overhead than we need, so we are addressing this issue.” Kroger chief executive Greg Foran wrote this in a memo to staff on Monday, 12 October. The US supermarket chain will cut about 3,000 corporate…

“Our message to all SI companies is clear: delayed notification, inadequate corrective action, and a failure to take responsibility will not be tolerated,” the task force’s leaders said. Jay Clayton, Andrew Ferguson, Scott Kupor and Emil Michael lead D…

MapQuest has added a surveillance layer to its app that shows known outdoor cameras and licence plate readers, including those made by Flock Safety. Users can switch it on in Map Options, next to the traffic and incidents layers. The update follows a s…

“Today, Ramp raised $1.85B at a $60B valuation,” Eric Oancea, who leads Ramp in Europe, wrote on LinkedIn. His post confirms the round that Bloomberg reported on 10 October. Ramp’s co-founders, Eric Glyman and Karim Atiyeh, marked the new valuation wit…
Anthropic’s planned stock market debut is “an unprecedented test of investor gullibility,” independent research firm New Constructs said in a report titled “Anthropic Is The Most Ridiculous IPO of 2026.” The firm puts the AI company’s equity at as litt…

The White House crackdown on green cards for skilled foreign workers could “cripple” US tech for more than a generation, Microsoft president Brad Smith told Politico. His comments came a week after the US suspended Microsoft and seven other companies f…

Bank of America brought in about 1,000 outside contractors in the second quarter to repair software weaknesses exposed by AI models, chief executive Brian Moynihan said on 14 October. One of those models, he said, was Anthropic’s Mythos. Moynihan discl…