News about Silicon Valley business almost everyday.
PARIS and PALO ALTO — Genesis AI, a global physical AI research lab and full-stack robotics company, emerged from stealth today with a mission to unlock unlimited physical labor. The company is building a universal robotics foundation model (RFM) and a horizontal robotics platform, raising $105 million co-led by Eclipse and Khosla Ventures, with participation from Bpifrance, HSG, and former Google CEO Eric Schmidt and Xavier Niel. […]
San Francisco police officers on Thursday seized hundreds of illegal fireworks, including various rockets and barrel bombs, inside a stolen U-Haul van that was driving through the city, Interim Chief Paul Yep announced on Friday. Officers identified and began tracking the van around 6 p.m. with assistance from the Real-Time Investigation Center, allowing officers to […]
On Wednesday, May 28, 2025, at approximately 12:35 a.m., San Francisco Police officers assigned to Taraval Station responded to the 1500 block of Funston Avenue regarding a hot prowl burglary. Officers responding to the scene located and detained a possible male suspect in the area of Lurline Street and Funston Avenue. Officers on scene had […]
Doordash has added four regional supermarket chains to its delivery service. Big Y: A family-owned supermarket serving its local communities for nearly 90 years, Big Y offers everything from fresh, locally sourced produce and premium meats to hand-decorated bakery items and everyday essentials from its 75 locations in Massachusetts and Connecticut. Citarella: A gourmet market with […]
HP Inc. has unveiled HP Dimension with Google Beam (formerly Project Starline), an AI-powered, true-to-life 3D video communications solution designed to take virtual collaboration to the next level. HP Dimension with Google Beam delivers a deeply immersive experience that replicates the feeling of being in-person, with no headsets, glasses, or wearables required. Developed in partnership with […]
FREMONT — Celltrio, a life sciences company delivering advanced automation solutions for cell culturing and cell & gene therapy, announced the closing of a $15 million financial investment round led by Premier Partners. The new funding will accelerate the global commercialization of RoboCell®, Celltrio’s flagship modular platform for fully automated, sterile cell culturing and cell […]
SUNNYVALE — Plug and Play, one of the world’s most active early-stage investors, announced during its Silicon Valley June Summit 2025 the closing of its $50 million Fintech & AI Fund with nine institutional investors. Plug and Play runs nine funds in total. The fund is the largest industry-themed fund the company has raised to […]
The Santa Clara County District Attorney’s Office has charged a San Jose fraud prevention expert with submitting more than 150 fraudulent healthcare claims for over $100,000 against her tech company’s health plan. Faranak Firozan, 47, faces numerous felony charges, including altering medical records with fraudulent intent and preparing false statements in connection with insurance claims. She […]
PALO ALTO — Tensec, a company transforming cross-border financial services, has secured $12 million in seed funding to provide real-time, seamless payments and financial services for global companies operating in the $190 trillion cross-border payments market. The funding will accelerate Tensec’s mission to provide global trading companies and their clients access to cross-border real-time payments and transaction banking services […]
SANTA CLARA — Oklo Inc., an advanced nuclear technology company, has been issued a Notice of Intent to Award (NOITA) by the Defense Logistics Agency Energy (DLA Energy), on behalf of the Department of the Air Force (DAF) and the U.S. Department of Defense, to provide clean, reliable power through the deployment of an Aurora […]
CLINTON, IL – Constellation Energy and Meta have signed a 20-year power purchase agreement (PPA) for the output of the Clinton Clean Energy Center in Illinois to support Meta’s clean energy goals and operations in the region with 1,121 megawatts of emissions-free nuclear energy. Beginning in June of 2027, the agreement supports the relicensing and continued […]
LOS ANGELES — Nominal, which operates a unified, real-time test stack for physical systems, has announced a $75 million Series B led by Sequoia Capital, with significant participation from Lightspeed Venture Partners and continued support from Lux Capital, General Catalyst, Founders Fund, and additional investors. Programs across aerospace, defense, energy and advanced manufacturing—including Anduril Industries, Shield AI, and […]