News about Silicon Valley business almost everyday.
goPro has recently agreed to acquire Forcite Helmet Systems, a pioneer in embedding technology into helmets. GoPro intends to accelerate Forcite’s vision to provide a safer, more dynamic motorcycling experience through tech-enabled motorcycle helmets with the long-term goal of tech-enabling other categories of helmets over time. Forcite is based in Australia and terms of the […]
Washington Post Business Editor Lori Montgomery announced that Yun-Hee Kim has been promoted to Tech Editor for Corporate and Personal Technology, an expanded role overseeing coverage of Silicon Valley’s biggest tech companies – including Apple, Amazon, Google and Microsoft – as well as the personal tech team in San Francisco and New York. This role […]
Rentberry, an operator of a property rental and management platform based in San Francisco, has unveiled plans to explore the acquisition of WeWork, the NY-based flexible workspace provider that recently filed for Chapter 11 bankruptcy. Rentberry says the move is backed by key venture capital funds, including Berkeley Hills Capital, and wants to combine WeWork’s […]
NVIDIA has released a video that offers the first public look at Eos, its latest data-center-scale supercomputer. An extremely large-scale NVIDIA DGX SuperPOD, Eos is where NVIDIA developers create their AI breakthroughs using accelerated computing infrastructure and fully optimized software. Eos is built with 576 NVIDIA DGX H100 systems, NVIDIA Quantum-2 InfiniBand networking and software, providing a total of 18.4 […]
Vapor IO and Supermicro are launching a new collaboration called Zero Gap AI, powered by the NVIDIA MGX platform with the NVIDIA GH200 Grace Hopper Superchip. Zero Gap AI is a unique 5G- and AI-as-a-Service platform, operated by Vapor IO, that delivers private 5G and GPU-based micro-clouds to specific locations, directly adjacent to where the capabilities are […]
RICHMOND, CA — BioAge Labs, a clinical-stage biotechnology company developing novel therapies for obesity and metabolic diseases by harnessing the biology of aging, has completed an oversubscribed Series D financing round of $170 million led by Sofinnova Investments. New investors including Longitude Capital, RA Capital, Cormorant Asset Management, RTW Investments, SV Health Investors, OrbiMed Advisors, […]
ZIPAIR Tokyo airline announced it will increase seasonal service between Tokyo Narita and San José Mineta International Airport during the summer season and will also operate daily flights to Honolulu during the Golden Week holiday period in Japan. Flights and schedules are subject to relevant government approvals. ●Operating Schedule San José Mineta Route: June 1 […]
SAN FRANCISCO — Rasa, developer of a generative conversational AI platform, has completed a $30 million Series C funding round, co-led by StepStone Group and PayPal Ventures, with participation from Andreessen Horowitz (a16z), Accel, and Basis Set Ventures. “This investment accelerates our lead in the market, and fuels our drive to redefine what is possible […]
SAN FRANCISCO — Hippo Harvest, a controlled environment agriculture (CEA) startup developing advanced greenhouse systems that produce sustainably-grown produce, has closed a $21 million Series B funding round led by Standard Investments. Congruent Ventures, Amazon’s Climate Pledge Fund, Hawthorne Food Ventures, and Energy Impact Partners also participated in the round. The funding will be used to scale the […]
OAKLAND — Following Governor Newsom’s increased deployment and temporary surge of California Highway Patrol (CHP) officers in Oakland and the East Bay, the CHP announced initial operation milestones including the arrest of 71 suspects, the recovery of 145 stolen vehicles, and the seizure of four crime-linked firearms as part of CHP’s regular and undercover operations. Suspects were […]
SAN FRANCISCO — Xwing, a leading supplier of modular autonomy technology for aviation, has announced the successful completion of its recent participation in AGILE FLAG 24-1. The company transported mission-critical cargo with daily autonomous missions throughout the week-long exercise, accumulating over 2,800 autonomous flight miles to military bases and civilian airports, including March Air Reserve […]
NVIDIA has unveiled the new RTX 2000 Ada Generation GPU that delivers the latest AI, graphics and compute technology to compact workstations, offering up to 1.5x the performance of the previous-generation RTX A2000 12GB in professional workflows. From crafting stunning 3D environments to streamlining complex design reviews to refining industrial designs, the card’s capabilities pave […]