HeyJaredHarshita Mary Varghese
- Indexed articles, last 90 days
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- Sep 29, 2026
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- Jul 9, 2026
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Disney laying off a few hundred employees, source says (opens the original)
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Walt Disney is laying off a few hundred employees across human resources and technology departments, a source familiar with the matter told Reuters on Tuesday. Disney has seen several C-suite changes since Josh D’Amaro took charge as CEO in March, including the appointment of 25-year company veteran Paul Roeder as chief communications officer. D’Amaro took the helm at the entertainment major through a transformational period shaped by artificial intelligence, declining box office revenue
Meta taps MongoDB CEO Desai to drive enterprise AI push (opens the original)
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Sept 28 — Meta Platforms has poached MongoDB CEO Chirantan "CJ" Desai to spearhead a new business designed to bring the social media giant's AI tools to corporate customers. Shares of the database software provider tumbled 18% in morning trading on Monday as he is leaving after less than a year as the top boss. Desai, a veteran technology executive, took over the role from Dev Ittycheria. MongoDB has appointed Ittycheria as interim CEO as it searches for a permanent replacement. "While the
Akamai signs $11.6 billion cloud deal with Anthropic, grants warrant for up to 5% stake (opens the original)
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Sept 24 — Akamai Technologies signed an $11.6 billion cloud services deal with Anthropic on Thursday, and issued a warrant that could give the AI lab up to 5% stake in the cloud company, sending its shares surging 22% in extended trading. The agreement secures a long-term commitment from one of the fastest-growing AI companies, and adds to more than $2.8 billion in multi-year cloud infrastructure deals Akamai announced across its customer base this year. Under the seven-year contract, the
Akamai signs $11.6 billion cloud deal with Anthropic, grants warrant for up to 5% stake - AOL (opens the original)
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Sept 24 (Reuters) - Akamai Technologies signed an $11.6 billion cloud services deal with Anthropic on Thursday, and issued a warrant that could give the AI lab up to 5% stake in the cloud company, sending its shares surging 22% in extended trading. The agreement secures a long-term commitment from one of the fastest-growing AI companies, and adds to more than $2.8 billion in multi-year cloud infrastructure deals Akamai announced across its customer base this year. Under the seven-year contract,
Banks provide $22 billion chip loan to Blackstone, Alphabet AI cloud venture, source says - AOL (opens the original)
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By Harshita Mary Varghese and Arasu Kannagi Basil Sept 16 (Reuters) - A group of 10 banks is providing a $22 billion chip loan to support Blackstone and Alphabet's new cloud venture Crux AI, a source familiar with the matter told Reuters on Wednesday. The top banks include Goldman Sachs Group, Sumitomo Mitsui Banking Corp, Barclays, BNP Paribas SA and Bank of Nova Scotia, the source said, declining to be named as the discussions were still private. The deal comes as demand for computing power dr
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