When Seth Winterroth left his job at GE Ventures to help launch Eclipse Ventures in 2015, robotics was on his mind. Or more specifically, the number of early-stage robotics startups that were struggling to launch due to lack of interest. “These are teams that had just finished their postdocs at Waterloo, or CMU, or MIT, […]
We are entering a golden age of robotics startups — and not just because of AI Read More »
Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers might be. Oracle signed a deal with OpenAI for the AI company to purchase $300 billion worth of compute power over a span of about five
OpenAI and Oracle reportedly ink historic cloud computing deal Read More »
Semiconductor giant Intel continues to shake up its senior leadership since Lip-Bu Tan took the helm as CEO in March. Intel announced Monday that Michelle Johnston Holthaus will depart the company after more than three decades. Johnston Holthhaus was most recently chief executive officer of Intel products and will remain a strategic adviser. The company
Intel’s chief executive of products departs among other leadership changes Read More »
The Trump administration wants the United States to be the dominant force when it comes to artificial intelligence, and one way the administration hopes to achieve primacy is by bringing semiconductor manufacturing back to the U.S. To help with that transition, President Donald Trump has introduced potential chip tariffs and policies in recent months meant
Why the US government is taking a stake in Intel Read More »
Runway has spent the past seven years building visual-generating tools for the creative industry. Now, it sees a new opportunity for its technology: robotics. New York-based Runway is known for its video and photo generation AI world models, or large language models that create a simulated version of the real world. Most recently, the company
Why Runway is eyeing the robotics industry for future revenue growth Read More »
Amid all the “is this a bubble?” talk about artificial intelligence, the supply chain and logistics industries have become breeding grounds for seemingly genuine uses of the technology. Flexport, Uber Freight, and dozens of startups are developing different applications and winning blue-chip customers. But while AI helps Fortune 500s pad their bottom line (and justify
How a 16-year-old company is easing small businesses into AI Read More »
Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “mega-round,” and seven companies raised rounds that were $1 billion in size or larger. How will
Here are the 33 US AI startups that have raised $100M or more in 2025 Read More »
Malaysia has developed its first domestic edge AI processor. Malaysian chip design company SkyeChip announced its MARS1000 processor at an industry event on Monday, Bloomberg reported. While an edge processor isn’t as powerful as an advanced Nvidia chip, it still represents a technological milestone for Malaysia, which is looking to play a bigger role in
Malaysia’s SkyeChip unveils the country’s first edge AI processor Read More »
The Trump administration made an unprecedented, and confusing, move last week when it announced plans to convert money Intel was supposed to receive through Joe Biden-era government grant programs into a 10% equity stake. While it remains unclear if converting those government grants into equity is even possible — that’s up for debate — it’s
Why the U.S. government is not the savior Intel needs Read More »
Library e-book and audiobook app Libby is adding AI, much to the disappointment of some readers and librarians, who would prefer not to have AI inserted into their favorite apps. The new feature, “Inspire Me,” allows users to get book recommendations by using prompts or from their previously saved titles in Libby. To use the
Libby’s library app adds an AI discovery feature, and not everyone is thrilled Read More »
