Ali Rowghani Launches Maxq, Aiming for $250M Fund for Seed-Stage Investments
Ali Rowghani, a prominent Silicon Valley investor and executive, has launched a new venture capital firm, Maxq, raising $250 million for...
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Sep 19
T-Mobile Partners with OpenAI to Transform Customer Service with AI Integration
T-Mobile partners with OpenAI to create an AI-powered customer service system. This marks a multi-year collaboration to revolutionize how...
Sep 9
Salesforce Buys Data Protection Firm Own Co. in $1.9 Billion Deal
Salesforce has made a significant move into the data protection space by acquiring Own Co., a New Jersey-based provider of data...
Sep 5
Verizon Acquires Frontier Communications for $20 Billion in Fiber Push
Verizon acquires Frontier Communications for $20 billion in a major telecom merger to strengthen its fiber business. The deal adds...
Sep 2
Apple, Nvidia, Microsoft May Join Major OpenAI Funding Round
Apple, Nvidia, and Microsoft—the three most valuable companies globally by market capitalization—are reportedly discussing joining a...
Sep 2
Intel Reconsiders U.S. Manufacturing Expansion After Financial Struggles
Intel's ambitious plans to bolster U.S. chip manufacturing, backed by significant federal support through the CHIPS Act, are now under...
Aug 29
Cribl Raises $319 Million, Valued at $3.5 Billion for Data Infrastructure Solutions
Cribl, a San Francisco-based startup specializing in data infrastructure, has secured $319 million in Series E funding, raising its...
Aug 21
Meta’s Ad Revenue Breaks Records, Powered by AI
Meta shattered revenue records in 2024, with each employee generating over $1 million in revenue during the year's first half. This...
Aug 19
Ransomware Set for Record Profits in 2024 as Payments Surge
Ransomware is on track to have its most profitable year in 2024, as cybercriminals continue to target higher-value companies more likely...
Aug 8
Anduril Valued at $14 Billion, Plans Autonomous Weapons Factories
Defence technology company Anduril Industries has raised $1.5 billion in venture capital funding, bringing its valuation to $14 billion....
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