Browsing: billion

Mach Industries, the three-year-old defense technology startup led by 22-year-old founder and CEO Ethan Thornton, has raised a $300 million Series C at a $1.8 billion…

Nvidia opened Taipei’s massive Computex trade show on Sunday with a spark, literally. The chipmaker unveiled a new PC CPU called the RTX Spark, which it…

When Lior Susan started Eclipse Ventures in 2015, the company’s thesis of digitizing the physical world was not particularly popular in Silicon Valley. “It was the…

Investors can’t seem to get enough of RJ Scaringe or his ideas. In less than a decade, the serial entrepreneur known for his electrical company Rivian…

Indian riding company Rapido said Friday it raised $240 million in new funding at a $3 billion valuation to better compete in the country’s growing but…

Cerebras Systems raised $5.5 billion in its IPO on Thursday, pricing shares at $185 on Wednesday night, well above its range ($115 to $125, later increased…

Short-form video is a format designed for mobile — these vertically oriented videos are designed to fit the shape of a smartphone. But according to YouTube,…

While AI disruption is sweeping many legacy SaaS companies, several HR technology startups seem to be thriving. One of those companies is small business payroll provider…

By the OpenAI COO’s own admission last February, “we haven’t really seen AI seep into enterprise business processes yet.” But for enterprise software giant SAP, whose…

In one blog post laying out a vision for the future of crypto, ranging from a “new financial system” to warnings about “opaque” artificial intelligence, a16z…