tech:

taffy

Infosys CEO Vishal Sikka resigns

Infosys CEO Vishal Sikka has resigned, the company said in a statement. Dr. Sikka has been appointed executive vice chairman.

U. B. Pravin Rao has been appointed interim chief executive officer and managing director. He will be reporting to Dr. Sikka under the overall supervision and control of the board.

[Image courtesy: Infosys]

Just in

Amazon to invest up to $4B in Anthropic

Amazon will invest up to $4 billion in Anthropic, and will acquire a minority ownership stake in the company. The two companies also announced a strategic agreement aimed at the development of generative artificial intelligence (AI) models.  

Mesh raises $22M

San Francisco, CA-based Mesh, a company working on simplifying digital asset transfers, crypto payments, and account aggregation, has raised $22 million in a Series A funding round.

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.