News about Silicon Valley business almost everyday.
NVIDIA is celebrating and exploring the remarkable progress in quantum computing with its first Quantum Day at GTC 2025 on Thursday, March 20. This new focus area brings together leading experts for a comprehensive and balanced perspective on what businesses should expect from quantum computing in the coming decades — mapping the path toward useful […]
SANTA CLARA — Archer Aviation is teaming up with Palantir Technologies to build the AI foundation for the future of next-gen aviation technologies. For decades, the aviation industry has made only incremental improvements, constrained by legacy technology and a dominant duopoly in commercial aviation. With the rapid acceleration of AI, as well as breakthroughs in […]
SAN MATEO — Vivace Therapeutics, a small molecule discovery and development company developing first-in-class cancer therapies targeting the Hippo pathway, has closed a $35 million Series D financing. The round was led by RA Capital Management, an existing investor, and included investment from other existing investors Canaan Partners and Cenova Capital. Proceeds will support the continued clinical […]
SAN FRANCISCO — Ditto, the only mobile database with built-in edge device connectivity and resiliency, has raised $82 million in an oversubscribed Series B funding round. The round brings Ditto’s post-money valuation to $462 million. The latest round, led by Top Tier Capital Partners and Acrew Capital, also included participation from existing and new investors, […]
SAN FRANCISCO — Independent game studio Human Computer has raised $5.7 millioon in a seed round led by Makers Fund. a16z and former Airbnb COO Belinda Johnson have also invested in the company, bringing the total funding to date to $7.7 million. Tyler Matheson of Makers Fund will join the board, and Sam Rosenthal, The Game […]
This week, Silicon Valley chipmaker Intel named Lip-Bu Tan its new CEO. Here is a message that Lip-Bu Tan sent out to all Intel employees: Team, I’m humbled and honored to be your next CEO. Intel is a company I have long admired. Since I was a child, I have been captivated by the power […]
BERKELEY — Terabase Energy, a provider of digital and automation solutions for utility-scale solar power, announced the closing of its $130 million Series C financing round. Led by SoftBank Vision Fund 2, with participation from both existing and new strategic investors, this round brings the company’s total funding to over $200 million. The new funding […]
FREMONT — Anyware Robotics, a developer of multi-purpose mobile robotics equipped with embodied intelligence, has secured $12 million in seed funding. The round is led by GFT Ventures, with participation from Foothill Ventures, Black Forest Ventures, Alumni Ventures, and other investors. Anyware Robotics is developing highly versatile mobile manipulators to tackle tasks beyond human physical capabilities […]
On January 20, 2025, at approximately 9:52 PM, the San José Police Department responded to a report of an armed robbery and kidnapping that occurred at a massage business located in the 2000 block of Story Road. A preliminary investigation revealed that a male suspect entered the business and paid for a massage service. Immediately […]
SANTA CLARA — Intel Corporation has appointed Lip-Bu Tan, a former CEO of Cadence Design Systems, as its new chief executive officer, effective March 18. He succeeds Interim Co-CEOs David Zinsner and Michelle (MJ) Johnston Holthaus. Tan will also rejoin the Intel board of directors after stepping down from the board in August 2024. Zinsner […]
SAN FRANCISCO — Synctera, a provider of banking-as-a-service and embedded finance, has raised $15 million round of funding, bringing the company to a total of $94 million raised to date. The new funding will support the acceleration of its growth and ability to meet the more complex needs and increased scale of its latest customers, […]
MOUNTAIN VIEW — Intuit Inc., the financial technology platform that operates Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced the availability of Tap to Pay on iPhone for its QuickBooks Online customers in the U.S., enabling small and mid-market businesses to seamlessly and securely accept in-person contactless payments using only an iPhone. With this added functionality, QuickBooks customers can access […]