News about Silicon Valley business almost everyday.
SANTA CLARA — Intel is launching its first U.S. registered apprenticeship program for manufacturing facility technicians in Arizona in collaboration with the Arizona Commerce Authority (ACA), the Phoenix Business and Workforce Development Board, the SEMI Foundation, Maricopa Community Colleges District (MCCD) and Fresh Start Women’s Foundation. The company plans to train facility technician apprentices over […]
SAN JOSE — DreamBig Semiconductor Inc., a developer of high-performance accelerator platforms utilizing its industry-leading Chiplet Hub with 3D HBM,has scored a $75 million equity funding round. This round was co-led by the Samsung Catalyst Fund and the Sutardja Family. New investors include Samsung, Hanwha Next Generation Opportunity Fund, Event Horizon, and Raptor, alongside continuing contributions from […]
The Atlantic Coast Conference will use iPad tablets on football sidelines and coaches booths starting with the upcoming 2024 season. All 17 ACC football programs will have access to conference-provided iPad Pro and iPad Air models to immediately view video playback with the hopes of elevating on field performance. Both Stanford and Cal are joining […]
Venture capital firm Menlo Ventures has launched the Anthology Fund, a $100 million initiative created through a partnership between Menlo Ventures and Anthropic. This fund will fuel the next generation of AI startups through the combination of Menlo’s extensive company-building experience and Anthropic’s pioneering AI technology and deep research expertise. Through this collaboration, Menlo aims […]
SAN FRANCISCO — Freshpaint, a Healthcare Privacy Platform creator, has landed a $30.7 million Series B financing round led by Threshold with additional participation from new investor SignalFire and existing investors Intel Capital, Y Combinator and Zero Prime. This brings Freshpaint’s total funding to date to $41.8 million. Freshpaint is the leader in a new software category that helps healthcare organizations achieve high-performance […]
SAN FRANCISCO — Slope, a B2b payments platform, has closed an additional financing round, taking total funding to $252 million ($77M in equity and $175M in debt). Alongside J.P. Morgan Payments, other participants in the round include Y Combinator, Jack Altman, and Max Altman’s new fund, Saga. Slope, a B2B payments platform for enterprise companies, […]
CULVER CITY, CA — Apple TV+ received a record 72 Emmy Award nominations across 16 Apple Originals including Outstanding Lead Actress in a Drama Series for both Jennifer Aniston and Reese Witherspoon. The streaming service received its best-ever showing with sweeps across top category nominations, including Outstanding Limited or Anthology Series (Lessons in Chemistry), Outstanding […]
U.S. News & World Report has released its rankings of the Best Hospitals in the United States for 2024-25 and five California hospitals were named best in the state. Now in its 35th year, Best Hospitals evaluates nearly 5,000 hospitals in more than 30 medical and surgical services. The 2024-2025 edition of Best Hospitals highlights […]
More than 1,200 Delta mainline and Delta Connection flights have been canceled Friday due to a vendor technology issue impacting airlines and companies around the world. Additional delays and cancellations are expected Friday and potentially through the weekend. Some flights have resumed today. Delta is working to make it right for customers, starting with these […]
SAN FRANCISCO — Marathon Fusion, a startup developing fuel processing technology for the fusion industry, has closed a $5.3 million seed round led by 1517 Fund and Anglo American, with participation from Übermorgen Ventures, Shared Future Fund, Malcolm Handley and other leading investors. Alongside a CREATE award from the Department of Energy’s ARPA-E, these investments bring Marathon Fusion’s total […]
MENLO PARK — Antheia, the pharmaceutical ingredient manufacturer transforming essential medicine supply chains, announced $17 million in new funding via a government project agreement through the Biopharmaceutical Manufacturing Preparedness Consortium (BioMaP-Consortium), alongside matching support from new strategic investors. The combined funding will support onshoring the production of critical pharmaceutical ingredients to the U.S. and accelerating […]
CrowdStrike, now a global name for all the wrong reasons, saw its share price plunge Friday after a software outage caused bedlam to airlines and computer systems worldwide. Based in Austin, TX, CrowdStrike released the following info on its company website: CrowdStrike is actively working with customers impacted by a defect found in a single […]