Author: IQ TIMES MEDIA
MADISON, Wis. (AP) — The Universities of Wisconsin system president could lose his job during a closed-door regents meeting Tuesday evening. The Board of Regents announced it had scheduled the meeting for 6 p.m. EDT to consider firing Jay Rothman, the leader of the state’s four-year colleges. The regents have not given a clear reason why they’re considering terminating Rothman, who has served a little more than four years in the top leadership post. The vote is scheduled just five days after The Associated Press first reported that the regents asked Rothman to either resign or be fired. Rothman said…
The software industry is in a fight for its life. But it’s got a plan. Loading audio narration… The “SaaSpocalypse” is one of the big themes of 2026, with people arguing AI could kill the software business. Why pay for software when AI can build it for you?BI’s Ashley Stewart spoke with executives and employees at Salesforce, Microsoft, and other software giants about how they’re coping with the threat posed by AI.Software companies say AI is just the next evolution of their business. AI agents that can navigate across their tools are how they plan to address this new era.It’s…
Cybersecurity unicorn Torq, which refers to itself as the “Cursor of security operations,” is in advanced talks to acquire Boston-based Jit, an automatic security assistant, for roughly $50 million, according to a person familiar with the matter. Loading audio narration… The deal would combine Torq’s massive security command center with Jit’s automated tools. By joining forces, the two companies hope to move toward “agentic security,” in which smart AI agents act like independent web-based security guards, eliminating digital threats without ever needing human interaction.The acquisition has not yet been finalized, and terms could still change. Both companies declined to comment.Last…
Anthropic’s AI chatbot, Claude, is having a moment. Loading audio narration… Claude is Anthropic’s flagship product. The bot underpins a family of the company’s leading AI models: Opus, Sonnet, and Haiku. In February 2026, Anthropic released Opus 4.6, an upgrade to a model that just three months prior “scored higher than any human candidate ever” on the AI startup’s notoriously difficult test for prospective engineers.With the release of Cowork in January 2026, Anthropic made Claude’s non-programming capabilities more accessible, helping spur the so-called “SaaSpocalypse” that briefly wiped out roughly $1 trillion in market caps for software companies.Here’s everything you need…
On the eve of Salesforce’s latest earnings report, CEO Marc Benioff invited Workday CEO Aneel Bhusri over for drinks.Both men run companies squarely in the blast radius of a debate that has taken hold across Silicon Valley and Wall Street: Will artificial intelligence be the death knell for some of the most influential companies in Big Tech?The question has already rattled the sector: Microsoft’s stock has dropped more than 21% this year, Salesforce’s 26%, Workday’s 36%, and Asana’s 51%. The IGV, a benchmark for software stocks, is down nearly 22% year to date. It’s also shaking credit markets, as investors…
Indian startup Rocket is betting that the next big opportunity is the part before vibe coding: having AI help people decide what to build. It has launched a platform that produces consulting-style product strategies. The startup, based in Surat, India, on Tuesday launched its platform, Rocket 1.0, which connects research, product building, and competitive intelligence in a single workflow. The platform generates detailed product strategy documents — including pricing, unit economics, and go-to-market recommendations. As AI-powered coding tools proliferate — from platforms like Cursor, Replit, and Lovable to features such as Claude Code and Codex — writing code has become…
The home of a councilman in Indianapolis was shot at early Monday in what local police said was an “isolated, targeted incident.” Loading audio narration… The incident came less than a week after the Indianapolis Metropolitan Development Commission voted 6 to 2 on April 1 to approve rezoning to allow the construction of a data center.Ron Gibson, a Democrat who represents District 8 on the council, spoke out in support of the rezoning and the efforts to build the data center in his district.”Earlier this morning, between approximately 12:45 a.m. and 12:50 a.m., just a few hours after Easter Sunday,…
Medvi is an AI-powered telehealth startup with two employees. It did $401 million in business last year, generated $65 million in profit, and is projected to do $1.8 billion in sales this year, according to a recent profile in the New York Times. Loading audio narration… A key factor in Medvi’s growth has been the use of affiliate marketers. Matthew Gallagher, Medvi’s founder, told Business Insider in an email that “maybe 30%” of its advertising was through affiliates.A review of Meta’s ad library showed that some of these affiliates have run ads that feature what appeared to be AI-generated content,…
A new venture capital fund with deep ties to OpenAI has made its first close on its $100 million goal, the founders tell TechCrunch. The partners have already written a couple of checks. The fund is called Zero Shot (a play on the AI training term) and its co-founding team includes several OpenAI OGs who found themselves becoming VCs almost by serendipity. Three of the founding partners hail from OpenAI. Evan Morikawa, the former head of applied engineering during the launch of DALL·E and ChatGPT through Codex, is now at robotics startup Generalist. Andrew Mayne, OpenAI’s original prompt engineer, is well-known…
The AI boom isn’t slowing down; it’s accelerating. Loading audio narration… Lin Qiao, a former Meta engineer who helped build PyTorch, now runs Fireworks AI, a $4 billion startup processing 15 trillion AI tokens a day, and she says demand is only just getting started.”This is the year token consumption is going to grow exponentially,” Qiao told me in a recent interview.Fireworks AI’s inference cloud platform is now processing roughly 15 trillion AI tokens per day, up from 13 trillion just a few months ago and 10 trillion in late 2025. (Models break down words and other inputs into numerical…