News about Silicon Valley business almost everyday.
BERKELEY — Profluent, an AI-first protein design company, has closed additional funding to bring the total raised to $44 million. The $35 million financing was led by Spark Capital, with participation from existing investors Insight Partners and Air Street Capital along with a syndicate of angel investors from OpenAI, Salesforce, Octant Bio, and Google including Jeff […]
MILPITAS — KB Home has announced the grand opening of Lumen, its latest new-home community in Milpitas, CA. Prices start at $1.15 million. These new homes have popular interior features like modern kitchens overlooking great rooms, bedroom suites with walk-in closets, and ample storage space. The community’s two-, three- and four-story floor plans feature up […]
If you’re hungry this weekend and looking to have food from Panera Bread delivered, you are out of luck. Doordash has turned off orders from the chain due to technical problems since Saturday. Panera Bread stores are listed as temporarily closed on the Doordash app. Panera has been having technical issues with its website and […]
The Panera Bread chain has been hit by a massive tech outage that has knocked out the company’s computer systems affecting orders nationwide. Panera’s website and app have been down since Saturday morning and not able to accept orders. It’s unclear if the company has been hit by a cyber attack or if it is […]
SAN JOSE — Supermicro, Inc., a systems provider for AI, Cloud, Storage, and 5G/Edge, is announcing its latest portfolio to accelerate the deployment of generative AI. The Supermicro SuperCluster solutions provide foundational building blocks for the present and the future of large language model (LLM) infrastructure. The three powerful Supermicro SuperCluster solutions are now available […]
PALO ALTO – A man armed with a knife robbed the 7-Eleven convenience store on Colorado Avenue early Friday morning. No one was injured, and the unknown suspect is at large. On Friday, March 22, 2024, at about 12:28 a.m., the Palo Alto 24-hour dispatch center received a call from the clerk at the 7-Eleven convenience […]
SAN JOSE —Amazon Web Services (AWS), an Amazon.com company, and NVIDIA announced that the new NVIDIA Blackwell GPU platform is coming to AWS. AWS will offer the NVIDIA GB200 Grace Blackwell Superchip and B100 Tensor Core GPUs, extending the companies’ longstanding strategic collaboration to deliver the most secure and advanced infrastructure, software, and services to […]
Jensen Huang, Founder and CEO of NVIDIA, unveiled the company’s new Blackwell platform at its GTC conference in San Jose. The new processor allows organizations to build and run real-time generative AI on trillion-parameter large language models at up to 25x less cost and energy consumption than its predecessor. The Blackwell GPU architecture features six transformative technologies […]
LOS ANGELES — California Attorney General Rob Bonta today, alongside the U.S. Department of Justice (U.S. DOJ), and a bipartisan coalition of 16 states attorneys general, filed a lawsuit challenging Apple’s anticompetitive behavior related to iPhone smartphones. The lawsuit alleges Apple deliberately made it more difficult for third-party apps and products to operate with the iPhone, resulting in higher prices for consumers and harm to competition in […]
MOUNTAIN VIEW — Applied Intuition, Inc., a vehicle software supplier for automotive, trucking, construction, mining, agriculture, and other industries, has raised a $250 million Series E financing round at a $6 billion valuation. The round was led by Bilal Zuberi at Lux Capital (Series C lead investor), Elad Gil (Series D lead investor), and strategic investor Porsche Investments Management representing the successful sports car […]
SANTA CLARA — In the United States, 40.4% of homes, valued at $19.7 trillion, are at severe or extreme risk when it comes to heat, wind and air quality. To help consumers make more informed home buying and selling decisions, Realtor.com announces the launch of three new climate risk factor scores on its website including Heat Factor, Wind Factor, and […]
SAN JOSE — Lyten, a supermaterials application company and leader in lithium-sulfur battery technology, announced it is consistently surpassing 90 percent yield from its automated battery production line, confirming the manufacturability of its lithium-sulfur battery utilizing a sulfur cathode and lithium metal anode. The lithium-sulfur manufacturing performance has been achieved utilizing standard lithium-ion manufacturing equipment […]