News about Silicon Valley business almost everyday.
PALO ALTO — Hippocratic AI, which develops generative AI healthcare agents, has closed a Series C financing, raising $126 million at a $3.5 billion valuation and bringing its total funding to $404 million. The funding was led by Avenir Growth, a leader in supporting category defining companies in generative AI, with participation from new and […]
SANTA CLARA — AMD has completed an agreement to divest the ZT Systems U.S.-headquartered data center infrastructure manufacturing business to Sanmina. As part of the transaction, AMD retains ZT Systems’ design and customer enablement teams to accelerate the quality and time-to-deployment of AMD AI systems for cloud customers. Additionally, Sanmina becomes a preferred new product […]
25 new grocery partners are joining DoorDash in the fight to make sure everyone can put food on the table after the SNAP funding was halted by federal government. Winn-Dixie, ShopRite, Fairway Market, Gourmet Garage, The Fresh Grocer, Price Rite Marketplace, the Raley’s Companies, the Save Mart Companies, BJ’s Wholesale Club, Food City, El Super, […]
The U.S. Department of Energy (DOE), Argonne National Laboratory in Illinois, NVIDIA and Oracle have announced a landmark public-private partnership to deliver the DOE’s largest AI supercomputer and accelerate scientific discovery. The partnership will also immediately deliver world-class AI computing resources to DOE researchers while simultaneously building two next-generation AI supercomputing systems at Argonne National […]
Amazon Web Services (AWS) and OpenAI have formed a multi-year, strategic partnership that provides AWS’s infrastructure to run and scale OpenAI’s core artificial intelligence (AI) workloads starting immediately. Under this new $38 billion agreement, which will have continued growth over the next seven years, OpenAI is accessing AWS compute comprising hundreds of thousands of state-of-the-art […]
SAN FRANCISCO — Sumble has launched from stealth with $38.5 million in Seed and Series A funding led by Canaan Partners and Coatue, along with Square Peg Capital, Zetta Venture Partners, Bloomberg Beta, AIX Ventures, and angel investors that include Marc Benioff and Nat Friedman. Customers include: Snowflake, Figma, Wiz, Vercel, Elastic, Atlan, Wandb, Omni, […]
SAN FRANCISCO — Cloudflare, Inc. reported $562 million in revenues for the third quarter ended September 30, 2025 — a 31% increase from a year ago. The company had a net loss of $1.3 million. “Our excellent third quarter results clearly demonstrate our increasing momentum, with revenue growth accelerating for the second consecutive quarter to […]
SUNNYVALE — WideField Security, the only platform providing complete visibility and protection for the entire identity lifecycle, has raised $11.3 million in Series A funding led by Crosspoint Capital with participation from existing investor Engineering Capital and others. The funding will accelerate product development and go-to-market expansion as enterprises face an exponential increase in identity-related […]
DUBLIN — SavvyMoney, a provider of financial wellness and growth solutions, has secured a $225 million minority investment co-led by PSG and Canapi Ventures, with continued investment from Spectrum Equity. The investment will accelerate SavvyMoney’s product roadmap and go-to-market investments, enabling the company to better serve its core community of over 1,500 banks, credit unions and […]
SANTA CLARA — xMEMS Labs, Inc., the inventor of the world’s first piezoelectric MEMS (piezoMEMS) µCooling fan-on-a-chip thermal management solution and the leader in solid-state silicon speakers, has closed a $21 million Series D funding round. The round was led by Boardman Bay Capital Management (BBCM), with participation from Cloudview Capital, CDIB-TEN Capital, Harbinger Venture […]
Barnes & Noble is opening a new bookstore in Napa, CA on Wednesday, November 5th. The new Barnes & Noble will offer about 10,000 square feet of books, toys, games, magazines, gift items and more. The new Barnes & Noble is located in Bel Aire Plaza (3900 Bel Aire Plaza, Napa, CA 94558) in the […]
Palo Alto Police arrested a man Sunday afternoon after he was found in a residence. On Sunday, October 25, 2025, at about 12:23 p.m., the Palo Alto 24-hour dispatch center received a call reporting a residential burglary that was in progress in the 2600 block of Bryant Street. Officers from the Palo Alto Police Department […]