Google News

Google Cloud Study Finds More Retailers Planning to Use AI

SUNNYVALE — Google Cloud has released new research that explores how retail decision makers in the United States perceive the value of generative AI, and how they anticipate deploying the technology in 2024. A study commissioned by Google Cloud of 274 U.S. C-suite executives, information technology leads, and business development managers, found that 81% of retail […]

Apple

Apple Nabs 11 SAG Award Nominations

Apple TV+ has been recognized with 11 nominations for the 30th Annual Screen Actors Guild (SAG) Awards for its broadly acclaimed Apple Original Film “Killers of the Flower Moon,” as well as Emmy Award-winning hits “Ted Lasso” and “The Morning Show,” and Critics Choice Award nominee “Lessons in Chemistry.” The 30th Annual SAG Awards will […]

News

Silicon Valley Bank Reports Increase in Women’s Health Investments

SAN FRANCISCO — Despite ongoing economic headwinds and a pressured venture fundraising environment, investment in startup companies addressing women’s health is on the rise. According to a recent report from Silicon Valley Bank (SVB), a division of First Citizens Bank, investment in women’s health companies increased 314% since 2018, while overall investment for the health sector […]

Venture Capital

Rainbow Shines With $12 Million in Funding

SAN FRANCISCO — Rainbow, a general underwriter building tailored small business insurance products, has raised $12 million in seed funding with participation from Caffeinated Capital, Altai Ventures, Zigg Capital, 8VC, Buckley Ventures, Habitat Partners, and Arch Capital Group Ltd. Led by an experienced team of repeat entrepreneurs, the company brings a fresh perspective to small business […]

Venture Capital

Pear VC Opens 30,000 Square Foot Studio Space in SF

SAN FRANCISCO — Pear VC is opening a 30,000-square-foot space in San Francisco’s Mission Bay neighborhood. Pear Studio will serve as a collaborative work environment for founders and entrepreneurs. This space by Pear will be one of the largest spaces occupied by a venture capital firm in the Bay Area. This studio will be a […]

Venture Capital

MAPS Changes Name to Lykos Therapeutics, Raises $100 Million

SAN JOSE — MAPS Public Benefit Corporation (“MAPS PBC”), a company dedicated to transforming mental healthcare, announced an oversubscribed Series A financing and is changing its name to Lykos Therapeutics. MAPS PBC raised more than $100 million including conversion of previously issued convertible notes. The financing was led by Helena with participation from other investors, including: […]

News

Evercore Hires New Managing Director for Technology Banking

Investment bank Evercore has hired Tammy Kiely as a senior managing director in the technology investment banking practice, focusing primarily on the semiconductor sector. Previously, Ms. Kiely was at Goldman Sachs for almost 25 years, where she most recently was partner and co-head of technology investment banking. She held a variety of roles at Goldman […]

News

Roku to Begin Selling Pro Series TVs This Spring

SAN JOSE — Roku plans to launch a new lineup of Roku Pro Series TVs this spring starting at $1,499 and featuring QLED displays. Roku first launched its own branded TVs in 2023 with Roku Select and Plus Series TVs priced as low as $249. Available in three sizes, 55”, 65”, and 75”, Roku Pro […]

News

Intel Forms Generative AI Company With Investment Firm

SANTA CLARA & BOCA RATON, FL — Intel Corp. is partnering with investment firm DigitalBridge Group to form Articul8 AI, an independent company offering enterprise customers a full-stack, vertically-optimized and secure generative artificial intelligence (GenAI) software platform. The platform delivers AI capabilities that keep customer data, training and inference within the enterprise security perimeter. The […]

News

AmpUp Awarded $1.7 Million Grant

SANTA CLARA – AmpUp, an operating system for electric vehicle (EV) charging, has been awarded up to $1.7 million in project funding by the State of Connecticut’s Public Utility Regulatory Authority (PURA) for EV charging demand flexibility. The grant was awarded on December 13th, 2023 under PURA’s ‘Innovative Energy Solutions’ program, a statewide initiative to identify, pilot, […]

Venture Capital

Essential AI Lands $56.5 Million Series A

SAN FRANCISCO — Essential AI has raised a $56.5 million Series A funding round led by March Capital including participation from AMD, Franklin Venture Partners, Google, KB Investment, NVIDIA, and Thrive Capital. Essential AI previously raised an $8.3 million seed funding round led by Thrive Capital, with participation from investors Amjad Masad, Brad Gerstner, Conviction, […]

News

Enphase Energy Cutting 350 Jobs

Enphase Energy announced it will reduce its global workforce by approximately 10%, impacting approximately 350 contractors and employees. The company will streamline operations by ceasing contract manufacturing operations in two locations—Timisoara, Romania and Wisconsin in the United States—and resizing other contract manufacturing sites. In addition, Enphase plans to continue hiring and travel freeze through 2024 […]