News about Silicon Valley business almost everyday.
PALO ALTO — LightBeam.ai, a security platform that provides zero-trust data protection, has raised $17.8 million in an oversubscribed Series A round funding. The new infusion of capital will enable LightBeam to expand its go-to-market initiatives across sales, marketing, channel, and alliances, and to continue investing in its vision of converging data security, privacy, and AI governance […]
Last December, Google brought Gemini Pro into Bard in English, giving Bard more advanced understanding, reasoning, summarizing and coding abilities. Now, Gemini Pro in Bard will be available in over 40 languages and more than 230 countries and territories, so more people can collaborate with this faster, more capable version of Bard. The Large Model […]
SUNNYVALE — Figure, a Silicon Valley company developing autonomous humanoid robots, has signed a commercial agreement with BMW Manufacturing Co., LLC to deploy general purpose robots in automotive manufacturing environments. Figure’s humanoid robots enable the automation of difficult, unsafe, or tedious tasks throughout the manufacturing process, which in turn allows employees to focus on skills […]
SAN FRANCISCO — ArteraAI, a developer of multimodal artificial intelligence (MMAI) based predictive and prognostic cancer tests, has secured an additional $20 million in capital fueled by several prominent large investment funds including Prosperity7 Ventures, Singapore-based global investor EDBI, Walden Catalyst Ventures, Wilson Sonsini Goodrich & Rosati, and Trium Ventures, along with investors Navin Chaddha, […]
Microsoft announced that its Office 365 apps along with its everyday AI companion Copilot, will be available on Apple Vision Pro when it launches Friday. On February 2, Microsoft Teams, Word, Excel, PowerPoint, Outlook, OneNote, and Loop will be available on the App Store in Apple Vision Pro. You will also need to buy an Apple […]
MOUNTAIN VIEW — Shares in Alphabet Inc., the parent of Google, were down almost 5% in after-hours trading following the release of financial results for the quarter and fiscal year ended December 31, 2023. The tech giant reported fourth-quarter revenues of $86.3 billion, a 13% increase from a year ago. Net income was $20.6 billion […]
SAN FRANCISCO — Clerk, a developer tools company known for its React-friendly authentication solution, has raised $30 million in Series B financing led by CRV, with participation from Stripe, and existing investors Andreessen Horowitz and Madrona. The capital will be used to expand its service beyond authentication, which identifies who a user is, and into […]
SAN JOSE — AiDash, an enterprise SaaS company making critical infrastructure industries climate-resilient and more sustainable with satellites and AI, has received $50 million in funding, bringing the total raised to date to $83 million. The Series C round was oversubscribed, indicative of growing investor interest in proven, scalable, and effective climate technologies. Investment firm […]
SANTA CLARA — It looks like Levi’s Stadium will keep its name for another 10 years. Levi Strauss & Co. and the San Francisco 49ers announced a proposed 10-year extension to the naming rights for Levi’s Stadium. The package deal with the Santa Clara Stadium Authority and team sponsorship with the San Francisco 49ers would be […]
The late Norman Mineta will have a statue honoring the Silicon Valley legend Thursday at San José Mineta International Airport (SJC), the airport named after him in 2001. The six-foot-tall bronze sculpture, created by local sculptor Steve Davis, will stand on a granite pedestal in the baggage claim area of Terminal B, which sees 70% […]
SANTA CLARA — ServiceNow, a leading digital workflow company, has signed a five-year strategic alliance with Visa to transform payment services. The initial phase includes the launch of ServiceNow Disputes Management, Built with Visa—a single, connected disputes resolution solution for issuers. Managing disputes currently involves multiple systems and teams, and many financial institutions often use […]
Apple was recognized with a record 13 Academy Award nominations, including 10 for Killers of the Flower Moon, which was nominated for Best Picture, Best Director (Martin Scorsese), Best Actress in a Leading Role (Lily Gladstone), Best Supporting Actor (Robert De Niro), Best Costume Design, Best Production Design, Best Original Score, Best Original Song, Best Film Editing, […]