News about Silicon Valley business almost everyday.
SOUTH SAN FRANCISCO — Freenome, a biotechnology company developing blood tests for early cancer detection, announced the addition of $254 million from new and existing investors. The funding enables Freenome to advance the pipeline of single-cancer and tailored multi-cancer early detection tests built on its multiomics platform. Roche led the financing, joined by a16z Life […]
NEWPORT BEACH, CA — Chipotle Mexican Grill announced that on “Extra Day,” February 29, guac will not be extra* for fans who use code EXTRA24 on digital orders placed exclusively on the Chipotle app or Chipotle.com. Chipotle is kicking off “Extra Day” celebrations early starting February 26, with a gamified scavenger hunt on Chipotle’s official Instagram account, which will […]
SUNNYVALE — Antora Energy, a leader in zero-emissions industrial heat and power, raised a $150 million Series B funding round led by Decarbonization Partners, a partnership between BlackRock and Temasek. This financing round will enable Antora to ramp production of its factory-made thermal batteries to deliver billions of dollars of zero-emissions energy to industrial customers. […]
It was a spectacular trading day for three major Silicon Valley companies led by NVIDIA, which reported blockbuster earnings on Wednesday afternoon. Shares in NVDA climbed $110.53 or 16.4% to close at $785.25. Track all markets on TradingView Both AMD and Super Micro climbed on the good news from NVIDIA. Track all markets on TradingView […]
SAN FRANCISCO — Empowerly, a data-driven education technology company that provides personalized college and career guidance, has raised a $15 million financing round led by Conductive Ventures. The new funding will be used to continue expanding Empowerly’s college counseling services with a focus on building out its artificial intelligence and machine learning product optimizations, such […]
SAN JOSE — Recogni, Inc., a leader in AI-based computing, announced the closing of $102 million in Series C funding, co-led by Celesta Capital and GreatPoint Ventures. Existing investors Mayfield, DNS Capital, BMW i Ventures, and SW Mobility Fund also participated. Joining the round are new investors Pledge Ventures and Tasaru Mobility Investments, a company […]
Apple has released a free Sports app that provides scores of your favorite teams. The app is released just in time for the start of the Major League Soccer 2024 season which begins tonight and is available on Apple TV+. Designed for speed and simplicity, the new Apple Sports app’s personalized experience puts users’ favorite […]
Palo Alto Networks stock lost 28% Wednesday after releasing earnings the day before and reducing its full-year guidance. Shares in the company dropped $104 to close at $261.97. Track all markets on TradingView
NVIDIA, in collaboration with Google, has launched optimizations across all NVIDIA AI platforms for Gemma — Google’s state-of-the-art new lightweight 2 billion– and 7 billion-parameter open language models that can be run anywhere, reducing costs and speeding innovative work for domain-specific use cases. Teams from the companies worked closely together to accelerate the performance of Gemma — built […]
NVIDIA will host its flagship GTC 2024 conference at the San Jose Convention Center from March 18-21. More than 300,000 people are expected to register to attend in person or virtually. GTC is short for GPU Technology Conference. NVIDIA founder and CEO Jensen Huang will deliver the keynote from the SAP Center on Monday, March 18, […]
SAN JOSE –– Point2 Technology, a provider of ultra-low-power, low-latency mixed-signal SoC solutions for multi-terabit interconnect, has announced a $22.6 million Series B extension from Bosch Ventures, a leader in deep tech investments, and Molex, a global electronics leader and connectivity innovator, with participation from other investors. This Series B extension validates the demand for Point2’s technology in […]
SAN FRANCISCO — Arch, operator of a data intelligence platform for HVAC contractors, has raised $6.2 million in seed funding from Gigascale Capital, Coatue, Floodgate, ReGen Ventures, and MCJ Collective. The investment comes as a fast-growing majority of Americans want to electrify their homes amid a shortage of installers and high upfront costs. Arch aims to ease both […]