Author: IQ TIMES MEDIA

Coralogix, a Boston-headquartered software monitoring startup founded in Israel, has raised $200 million in a new funding round, betting that the rise of AI agents will drive demand for a new generation of tools to monitor, troubleshoot, and manage increasingly autonomous software systems. The Series F financing comes just 11 months after Coralogix raised $115 million in a Series E round, a pace that reflects just how quickly investor appetite for AI infrastructure companies has accelerated. The new round values the startup at $1.6 billion post-money and was led by Advent and the Canada Pension Plan Investment Board (CPPIB), with…

The rise of AI search is exposing an organizational problem that companies often ignore.Only 22% of US marketers recently polled by Adobe’s digital marketing platform, Semrush, said they had a “fully integrated” AI search and search engine optimization strategy. The rest described some version of a gap.Internal silos are a problem for brands in the AI search era, Semrush said. Large language models are pulling data from multiple sources, including corporate websites’ blogs, news articles, Reddit chatter, and YouTube videos.”In the past, companies were able to operate in a fairly siloed approach,” Leigh McKenzie, director of online visibility at Semrush,…

This as-told-to essay is based on a conversation with Jiaona Zhang, the CPO at the AI software company, Laurel. She previously worked in product at Airbnb, WeWork, and Linktree. Since 2018, she has taught an annual graduate-level class in product management fundamentals at Stanford, in-person and online. She is in her late 30s and lives in the San Francisco Bay Area. The following has been edited for length and clarity.When I started teaching in 2018, computer science graduates were finding great, well-paid jobs at top companies. Students could expect to earn a base salary of $120,000 with equity on top.But…

They’re more productive than ever. They’re inspired. And some of them are terrified.Software engineers have spent decades in one of tech’s most lucrative and in-demand roles. Now, they’re watching their jobs change irrevocably.In the space of a few weeks late last year, OpenAI, Anthropic, and Google all released new AI models that drastically improved their coding tools. Almost overnight, AI was suddenly good at complex tasks — the kind that used to take humans years to master.Amy Surrett, an engineer in Greenville, South Carolina, felt the impact of this shift in January when she booted up Anthropic’s Claude Code to…

The biggest promise of artificial intelligence in law is not that lawyers will work faster. It’s that companies will need fewer of them on the outside.Wordsmith, a startup built around that bet, has raised $70 million in new funding to help corporate legal teams bring more work in-house and send less of it to law firms. The round, backed by Index Ventures, Highland Europe, and others, brings the company’s total funding to $100 million, which was raised in 24 months.The company makes software to help in-house lawyers run their department. Wordsmith pulls in requests from tools like email, Slack, Microsoft…

Anthropic is closely tracking how Claude and AI are changing the economy. Now, the leading AI company wants to know what’s in store for democracy.Anthropic, which confidentially filed an S-1 draft as it moves toward a blockbuster IPO, is hiring for a newly created team focused on “AI and the rule of law.””@AnthropicAI has studied what AI means for the economy. This team asks a different question: what will it mean for executive power, for courts and elections — and for the public deliberation that constitutional democracy ultimately rests on?” Matthew Botvinick, a Resident Fellow at Yale Law School who…

GitHub Copilot warned in April that the status quo was “no longer sustainable.” Now, power users of the Microsoft-owned coding service are facing a rude awakening as a new AI pricing policy goes into effect.On June 1, GitHub Copilot switched from a request-based model to token-usage billing. In the days since the change went into effect, some users are posting screenshots of GitHub Copilot’s internal cost estimator showing that they’re quickly burning through their monthly AI credits — resulting in projected AI bills that are, in some cases, hundreds of dollars more than previous months.Under the new policy, usage costs…

WASHINGTON (AP) — For generations, the federal government enforced civil rights laws with an eye toward remedying historic, systemic discrimination against Black people and other people of color. The Justice Department pressed schools to desegregate. The Education Department worked to promote equal opportunity and held schools accountable for racial bias.But under the Trump administration, efforts to address deep-rooted inequities for students of color are being cast as discriminatory against white students. Programs that have long withstood legal scrutiny are now quick to be deemed “ illegal DEI ” — diversity, equity and inclusion — by the White House. Schools that…

Data storage security company Cyera is finalizing a round led by Evolution Equity Partners of at least $300 million at a $12 billion valuation, according to four people with knowledge of the deal. Calcalist was first to report the funding deal, although TechCrunch’s sources added new details about the company and its financials. Cyera has surpassed $150 million in annual recurring revenue (ARR), three people familiar with the matter told TechCrunch, though it remains far from profitable. The deal values Cyera at 80 times its ARR, a multiple that’s even higher than investors assign to many fast-growing AI startups. Sources…

AI is getting expensive, and some companies are cutting back on usage in an attempt to moderate costs. That cohort includes Uber, which recently instituted internal usage caps as a way to cut down on its exorbitant AI spend. Bloomberg reports that the company has instituted a new rule that places a monthly $1,500 cap per employee and per agentic coding tool, including Anthropic’s Claude Code or Cursor. The usage is trackable via an internal dashboard that each employee has access to, although — in certain cases — the caps can be exceeded with permission, the company says. The news…