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OpenAI has closed its latest financing round with $122bn in committed capital, giving the AI company a post-money valuation of $852bn.

Oracle has announced plans to lay off 491 employees in Washington state and at its Seattle offices, according to WARN Act.

Generative and agentic AI are poised to reshape work, but only if governments and firms invest in reskilling, smart regulation and access.

While IT and operational technology are often responsibilities of separate teams, there is operational efficiency to be gained with the convergence of the two.

Starcloud has secured $170m in Series A funding led by Benchmark and EQT Ventures, valuing the company at $1.1bn.

Rebellions has secured $400m in a pre-IPO funding round, led by Mirae Asset Financial Group and the Korea National Growth Fund.

The partnership merges Scamnetic's scam detection with VanishID's identity risk reduction to help organisations prevent losses.

Tencent Cloud, and ComfyUI have formed a partnership to integrate Tencent HY 3D Global into ComfyUI's open-source visual AI platform.

Germany-based software company SAP has reached an agreement to acquire Reltio, a master data management software firm.

Xanadu Quantum Technologies, a Canadian company focused on photonic quantum computing, began trading on both the Nasdaq and TSX.