Tech

Former Google CEO commits $125M to launch AI initiative

Former Google chief Eric Schmidt and his wife, Wendy, have committed $125 million to a project aimed at advancing artificial intelligence while preparing for unintended consequences the technology could bring

Cisco made $20 billion-plus takeover offer for Splunk

Cisco Systems Inc. has made a takeover offer worth more than $20 billion for software maker Splunk Inc., according to people familiar with the matter, in what would be the networking giant's biggest acquisition ever.