Kneron, a U.S.-based semiconductor startup, announced on Tuesday that it has secured fresh funding to accelerate the commercialization of its artificial intelligence (AI) chips. These chips are poised to rival Nvidia’s offerings in the market. The company successfully raised an additional $49 million in funding, bringing its total funding round to a substantial $97 million. …
Spotify CEO Daniel Ek joined author and comedian Trevor Noah at Spotify Beach in Cannes, France on June 20, 2023, to discuss the future of storytelling. This event brought together creativity and innovation in the world of entertainment. Image Source: David M. Benett | Getty Images Entertainment | Getty Images Spotify On Monday, Spotify announced …
Malte Mueller | Fstop | Getty Images Dawn Capital, one of Europe’s leading investors in business-to-business software companies, has secured $700 million in funding across two new funds. This move reaffirms their commitment to supporting technology companies in the region during a time when venture capital funding for startups has significantly decreased. As a major …
The regulator was concerned with Amazon’s dual role as both a marketplace and a competitor to merchants selling on its platform. Nathan Stirk | Getty Images E-commerce giant Amazon announced a major investment in the artificial intelligence company Anthropic, committing up to $4 billion and taking a minority ownership position. Amazon’s move highlights its aggressive …
Microsoft made several exciting announcements during its recent event in New York, including the unveiling of new Surface computers and the details on the release of Windows 11. The company introduced the Surface Laptop Studio 2 and the Surface Laptop Go 3, along with enterprise availability for Microsoft 365 Copilot, an AI tool for productivity …
Jonathan Raa | Nurphoto | Getty Images Neuralink, the neurotech startup led by Elon Musk, has exciting news. The company has announced that it will begin recruiting patients for its first in-human clinical trial, called the PRIME Study. This significant milestone comes after Neuralink obtained approval from an independent institutional review board and a hospital …
Cisco is acquiring cybersecurity software company Splunk for $157 per share in a cash deal worth about $28 billion, the company said Thursday, in its largest acquisition ever. Splunk shares ended Thursday up 21%, while Cisco shares closed down 4%. Splunk’s technology helps businesses monitor and analyze their data to minimize the risk of hacks …
At the Dash conference in San Francisco on August 3, 2023, Olivier Pomel, the co-founder and CEO of Datadog, delivered a speech that captivated the audience. As the CEO of one of the most successful tech companies, Pomel shared his insights and experiences with the attendees. Datadog, a fledgling startup when Albert Wang joined as …
Woman rides a Bird e-scooter in southern California. Bird, a provider of electric scooters that consumers can rent in cities, said the New York Stock Exchange will suspend trading of its stock after the company failed to keep its market capitalization above $15 million for 30 consecutive days. The company’s shares will trade on the …
Apple CEO Tim Cook opened the company’s Fifth Avenue store in New York City on Friday to celebrate the official launch of the iPhone 15 lineup, the Apple Watch Series 9, and the Apple Watch Ultra 2. Customers eagerly gathered at the store to get their hands on these new devices, resulting in a line …