The deal allows the U.S. to take more equity in Intel if the company doesn’t retain at least 51% ownership in its foundry business.
Category: Tech Crunch
Anthropic users face a new choice – opt out or share your chats for AI training
Anthropic is making some major changes to how it handles user data. Users have until September 28 to take action.
More than 10 European startups became unicorns this year
This is a good indication of the sectors that are hot among investors, from biotech and defense tech to AI, AI, and AI.
Maisa AI gets $25M to fix enterprise AI’s 95% failure rate
Maisa AI is built on the premise that enterprise automation requires accountable AI agents, not opaque black boxes.
With India’s corporate banking lagging decades behind consumer fintech, TransBnk raises $25M to bridge the gap
TransBnk has raised $25 million in a round led by Bessemer Venture Partners to digitize India’s corporate banking.
Nvidia reports record sales as the AI boom continues
Nvidia’s revenue hit $46.7 billion in the second quarter, a 56% increase compared to the same period last year.
Google launches new device protection program called Pixel Care+
Google says Pixel Care+ provides a “higher level of coverage, service and peace of mind for Google hardware owners.”
SpaceX notches major wins during 10th Starship test
This test marks a material advancement for the Starship program, which SpaceX wants to eventually use to send humans and cargo to Mars.
Assort Health nabs $50M to automate patient phone calls, sources say
The company’s AI voice agents are designed to take over high-volume, repetitive tasks like scheduling, cancellations, and frequently asked questions normally managed by front desk staff.
Verily is closing its medical device program as Alphabet shifts more resources to AI
Alphabet’s life sciences arm Verily laid off staff and eliminated its entire devices program as AI and data infrastructure take center stage.