News

Lyten Producing Lithium-Sulfur Batteries At Greater Than 90% Yield

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 […]

Venture Capital

LG Leads $60 Million Investment in Bear Robotics

REDWOOD CITY — Bear Robotics, a Silicon Valley manufacturer of service robotics and artificial intelligence solutions, has completed a $60 million Series C funding round exclusively led by South Korea’s LG Electronics. This strategic infusion propels Bear Robotics into new territories, targeting emerging markets such as smart warehousing and supply chain automation, where the company […]

Venture Capital

Alumis Lands $259 Million Series C

SOUTH SAN FRANCISCO — Alumis Inc., a clinical-stage biopharmaceutical company developing oral therapies using a precision approach to transform the lives of patients with immune-mediated diseases, has announced an upsized $259 million Series C financing. Alumis plans to use the proceeds of the financing to initiate pivotal Phase 3 clinical trials for its lead candidate […]

Venture Capital

Openprise Scores $25 Million Series B

SAN MATEO — Openprise, a specialist in revenue operations (RevOps) data automation, has closed a $25 million Series B equity raise led by investment funds managed by Morgan Stanley Expansion Capital. Openprise is poised to continue helping high-performance RevOps teams in transforming their data into action, achieving operational agility at scale, and simplifying technology to drive […]

Venture Capital

Neural Propulsion Systems Completes $17.5 Million Series B

PLEASANTON — Neural Propulsion Systems (NPS), a pioneer in software-defined radar, has secured a $17.5 million Series B funding round. The round is led by Cota Capital with contributions from GM Ventures, the venture capital arm of General Motors Co., and RTX Ventures, the venture capital arm of RTX. This collaboration marks a transformative step in enhancing roadway safety (benefiting pedestrians, […]

News

Reach Security Secures $20 Million Series A

SUNNYVALE — Reach Security, a company using advanced AI to reinvent security operations, has announced $20 million in funding. The Series A is led by Ballistic Ventures, with participation from Artisanal Ventures and industry luminaries, including Mark McLaughlin, former CEO and President of Palo Alto Networks, and Denise Persson, CMO of Snowflake. Existing backers Webb Investment Network, Ridge Ventures, and […]

Apple News

Apple iPhone Overtakes Samsung in Fourth Quarter

Apple became the largest smartphone manufacturer on the strength of the new iPhone 15 lineup, overtaking Samsung. The latest data from research firm Omdia found that in the fourth quarter of 2023, the smartphone preliminary shipment total reached 328 million units. This marks an 8.6% increase compared to 4Q22, and highlights 4Q23 as the first […]

News Venture Capital

Figure Valued at $2.65 Billion With $675 Million Round

SUNNYVALE — Figure, an AI robotics company developing general purpose humanoid robots, has raised $675 million in Series B funding with investments from Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest. The new round values Figure at $2.65 billion. In conjunction with this […]

Google News

Google Engineer Charged With Sending AI Secrets to China

A federal grand jury indicted Linwei Ding, aka Leon Ding, charging him with four counts of theft of trade secrets in connection with an alleged plan to steal from Google LLC (Google) proprietary information related to artificial intelligence (AI) technology. According to the indictment, returned on March 5 and unsealed earlier this week, Ding, 38, […]

Apple News

Major League Baseball Returns to Apple TV+ March 29

Apple and Major League Baseball (MLB) announced that “Friday Night Baseball,” a weekly doubleheader, will be available to Apple TV+ subscribers on Fridays throughout the 2024 regular season. Fans in 60 countries and regions can enjoy two marquee matchups over 26 weeks with no local broadcast restrictions. “Friday Night Baseball” will begin on opening weekend […]

Venture Capital

RIOS Intelligent Machines Completes $13 Million Series B

MENLO PARK — RIOS Intelligent Machines, a developer of AI-powered robotics for the manufacturing industry, has announced the successful completion of a $13 million Series B funding round. The funding was co-led by Yamaha Motor Corporation and IAG Capital Partners, marking a continued and strengthened partnership in advancing manufacturing and automation technologies. Since 2020, Yamaha […]

Apple News

Apple Unveils Transcripts for Podcasts

Apple is introducing transcripts for Apple Podcasts, an innovative new feature that makes podcasts more accessible and easier to navigate. With transcripts, users can read the full text of an episode, search the episode for a specific word or phrase, and tap on the text to play the podcast from that point in the episode. […]