Nobody said that commercializing fusion power would be cheap or quick. TAE Technologies said this week it raised another $150 million in a funding round that included investments from existing backers Google, Chevron, and New Enterprise associates. By the nearly 30-year-old company’s counting, it’s TAE’s 12th round of investment. To date, it has raised […]
Google places another fusion power bet on TAE Technologies Read More »
Want to connect with 1,000+ founders, investors, and tech leaders gathering in Boston for TechCrunch All Stage on July 15? Apply by June 10 to host a Side Event during “TC All Stage Week” (July 13–19) — and put your brand front and center. Whether you’re planning a workshop, cocktail hour, product demo, or panel
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Speedata, a Tel Aviv-based startup developing an analytics processing unit (APU) designed to accelerate big data analytic and AI workloads, has raised a $44M Series B funding round, bringing its total capital raised to $114M. The Series B round was led by its existing investors, including Walden Catalyst Ventures, 83North, Koch Disruptive Technologies, Pitango First,
Speedata, a chip startup competing with Nvidia, raises a $44M Series B Read More »
Billionaire Elon Musk’s AI startup, xAI, is reportedly launching a $300 million share sale that values the company at $113 billion. According to The Financial Times, the secondary stock offering, which comes after xAI acquired Musk’s social media platform, X, for $33 billion, will allow staff to sell shares to new investors. The tender offer
Elon Musk’s xAI reportedly looks to raise $300M in tender offer Read More »
From AI to EVs, demand for semiconductors is exploding, but silicon is hitting its limits. Making more efficient chips requires new materials, ones far less ubiquitous than sand, but the solution might be out there — literally. Space Forge, a U.K. startup headquartered in Cardiff, Wales, recently raised a £22.6 million (approximately $30 million) Series A
Space Forge raises $30M Series A to make chip materials in space Read More »
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week brought more than just Nvidia’s earnings reports; startups and VCs also had some news — quieter perhaps, but still worth paying attention to, especially where
Startups Weekly: AMD acquisition and other moves to scale AI startups Read More »
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For years, people have been worried — both rightly and otherwise — that electric vehicles could strain the grid to the breaking point. But as they spread, and as EV technology advances, some think these rolling battery packs could become a lifeline for the United States’ aging electrical system. “In the future, the electric vehicle will
Volteras wants to connect to more EVs than anyone else Read More »
AMD has acquired Enosemi, a startup designing custom materials to support silicon photonics product development. The terms of the deal, announced Wednesday, weren’t disclosed. Silicon photonics uses light — photons — to transmit data, offering a faster and more efficient alternative to traditional electrical communication. AMD and other chipmakers have shown an increasing interest in the
AMD buys silicon photonics startup Enosemi to fuel its AI ambitions Read More »
Context, a startup building an AI-powered office suite, on Wednesday announced that it raised $11 million in a seed round led by Lux Capital with participation from Qualcomm Ventures and General Catalyst. The round, which brings the company’s total raised to around $15.75 million, values Context at $70 million. Founder Joseph Semrai, a Thiel Fellow,
Context gets $11M to build an AI-powered office suite Read More »
