News about Silicon Valley business almost everyday.
SUNNYVALE, CA and CALGARY, AB — Plug and Play has announced a partnership with WestJet, Canada’s second largest airline in both their Silicon Valley and Alberta, Canada locations. The partnership will focus on leveraging artificial intelligence and machine learning across the airline’s business through Plug and Play’s Travel and Hospitality program. “In our expansive travel and hospitality industry, access to […]
NVIDIA is teaming up with Microsoft to build one of the most powerful AI supercomputers in the world. The machines will be powered by Microsoft Azure’s advanced supercomputing infrastructure combined with NVIDIA GPUs, networking and full stack of AI software to help enterprises train, deploy and scale AI, including large, state-of-the-art models. Azure’s cloud-based AI […]
SAN FRANCISCO — TRM Labs, a blockchain intelligence company, has announced a $70 million expansion to the company’s Series B funding round, bringing the raise to $130 million in total. The investment was led by Thoma Bravo, a leading software investment firm, with participation from Goldman Sachs and previous TRM investors including PayPal Ventures, Amex […]
Apple is making a $450 million investment from its Advanced Manufacturing Fund to help fund the critical infrastructure that supports Emergency SOS via satellite for iPhone 14 models. Available to customers in the US and Canada beginning later this month, the new service will allow iPhone 14 and iPhone 14 Pro models to connect directly […]
Palo Alto Police are looking for a crew of home burglars with 11 cases since October 9, where the burglars are stealing jewelry and other valuables from unoccupied homes during the dinnertime hours. No arrests have been made but officers and detectives are actively investigating the cases. The trend indicates the crimes are occurring in […]
SAN JOSE — Spintly has raised $2.5 million in a pre-series-A round of funding. Investors include Lets Venture, Accel Nest, SucSEED Indovation Fund, Riso Capital, Defang Technology, 91ventures, Kyto Technology, and Life, and a few other notable angel investors and groups. Some notable angel investors include Dheeraj Pandey, Founder, and Ex-CEO of Nutanix and current […]
MOUNTAIN VIEW — Coefficient, a company that provides businesses with real-time data connectivity and automation in spreadsheets, has scored an $18 million Series A investment led by Battery Ventures, along with existing investors Foundation Capital and S28 Capital. The new funding will enable Coefficient—whose product is currently used by customers including Zendesk, Spotify, Foursquare, Contentful […]
Bad Bunny was named Apple Music’s Artist of the Year for his artistic excellence and influence on global culture in 2022. Released this past May, Un Verano Sin Ti, the artist’s sixth project in four years, is Apple Music’s most streamed album of 2022 and now the biggest Latin album of all time. And beyond […]
CUPERTINO — Apple warned that COVID-19 restrictions in China have temporarily impacted the primary iPhone 14 Pro and iPhone 14 Pro Max assembly facility located in Zhengzhou, China. The facility is currently operating at significantly reduced capacity. The company says it is prioritizing the health and safety of the workers in its supply chain. Apple […]
BELMONT — The Mobility House announced it has completed a $50 million Series C round of financing led by Mercuria and co-led by Ventura Capital and Green Gateway Fund. Other strategic investors of the company include Mercedes-Benz, Alliance Venture, Mitsui and SP Group. The financing will be used to expand the company’s leading market position in the field of […]
Chromebooks have always been known for being fast, secure and easy-to-use devices. Since their launch more than a decade ago, Google has improved their capabilities and expanded the variety of devices for people to choose. Last month, Google has introduced the world’s first laptops built for cloud gaming with partners Acer, ASUS and Lenovo. These […]
SAN FRANCISCO — ORO, an enterprise software platform that helps orchestrate end-to-end procurement across teams, has raised $25 million in Series A funding co-led by Norwest Venture Partners and B Capital, with participation from XYZ Venture Capital and additional funding from Array Ventures and other investors. ORO was founded by three former product leaders at […]