Category Archives: Tech

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Investors are split on whether California’s diversity bill will make an impact

Even with some criticisms, most VC think that the state’s effort to track diversity data is worth it. © 2023 TechCrunch. All rights reserved. For personal use only.

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After $43B valuation, Databricks acquires data replication startup Arcion for $100M

Databricks has remained a hot startup at a time when interest from investors has cooled across the ecosystem. Just last month the company raised $500 million at an eye-popping $43 billion valuation. That would be big money anytime, but especially … Continue reading

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Want to invest in startups? Here are 4 ways to get started as a solo GP

In the end, it all comes back to relationships. The more you can help VCs, founders, and the startup community as a whole, the more you’ll build your name. © 2023 TechCrunch. All rights reserved. For personal use only.

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Apple, caught by surprise in generative AI boom, to spend $1 billion per year to catch up: Report

Apple is focused on developing its own AI products to catch up to its competitors.

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Web Summit confirms Lisbon and Qatar events still on, ex-CEO Paddy Cosgrave has 80% ownership of business

Over the weekend, Paddy Cosgrave and Web Summit made the bombshell announcement that Cosgrave would step down from his post as CEO of the technology conference business — a move made to try to close the book on a sea … Continue reading

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Nomad Homes adds software for real estate agents following $20M capital infusion

The company added a B2B component called Nomad Agent, which provides a network for real estate agents to collaborate with one another and standardize commission-sharing. © 2023 TechCrunch. All rights reserved. For personal use only.

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Databricks, the $43 billion analytics firm, acquires data startup Arcion for $100 million

Databricks agreed to acquire Arcion, an enterprise data company, for $100 million Monday, including incentives, CEO Ali Ghodsi told CNBC.

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How Micron is building the biggest chip fab in U.S. history despite a China ban and smartphone slump

Micron is the only company making memory in the U.S. That’s made it a target in the chip war with China, but it’s still building the country’s biggest chip fab.

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U.S. chip export ban is ‘great news,’ says partner at Chinese tech investment fund

The U.S. Department of Commerce will prevent the sale of some advanced AI chips to China, a move welcomed by a partner at a Chinese investment fund.

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Apple’s job listings suggest it plans to infuse AI in multiple products

Apple seems to be finally getting serious about infusing generative AI into its products — both internal and external — after announcing a solitary “Transformer” model-based autocorrect feature on iOS 17 earlier this year. The company has shared several job … Continue reading

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