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S|W: The SaaS Weekly – Snap cuts senior execs amid sector-wide layoffs

AI content comes under the magnifying glass amid runaway deepfakes

Forbes Daily: Uber Outpaces Rivals To Turn Its First Profit

Snapchat parent s brutal decline; America s richest families; OpenAI s lobbying dollars target defense agencies; Microsoft to train millions in India on AI; and more

Mainframe modernization startup Mechanical Orchard closes $24m funding round

Mainframe modernization startup Mechanical Orchard closes $24m funding round
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Pivotal Founder s Startup Uses AI To Drag Mainframes Into The Cloud

Mechanical Orchard has raised $24 million from Emergence Capital at a $95 million valuation after reaching $10 million in revenue and profitability in just over a year.

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