Intel
Israeli trip-planning app Moovit is integrating with Orlando-based autonomous shuttle startup Beep, which will allow riders to view options for taking Beep shuttles alongside other forms of transit, like buses…
Hetz Ventures closes third fund of $123M to focus on DevOps tools, open source, fintech and cyber
Hetz Ventures, a seed-stage VC out of Israel launched in 2018, has closed its third fund at $123 million. The new (described as “over-subscribed”) fund, Hetz III, brings the firm’s…
For common shareholders (employees, advisers and previous investors), a cram-down round is a big middle finger, as it comes with reverse split.
Daily Crunch: Citing ‘uncertain mortgage market,’ Better.com rolls out employee buyout plan
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Intel suspends operations in Russia
A month after stopping shipments to customers in Russia and Belarus, Intel has now suspended all business operations in Russia. In a statement, the company said, “Intel continues to join…
Daily Crunch: Intel will reportedly buy cloud-optimization startup Granulate for $650M
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Intel confirms acquisition of AI-based workload optimization startup Granulate, reportedly for up to $650M
Last year, when we wrote about new investment for Israeli startup Granulate — which applies AI to high-priority computing workloads to optimize how they travel across a customers’ cloud and…
Wicked fast VPNs, data organization tools, auto-generated videos to spice up your company’s Instagram stories … Y Combinator’s Winter 2022 open source founders have some interesting ideas up their sleeves.…
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Apple execs on developing Mac Studio and Studio Display for the other pros
The seeds of the Mac Studio were planted 5 years ago next month when, in a rare candid admission of misstep, Apple said it was pushing the reset button on the Mac Pro. Having painted itself into a “thermal corner,” Apple realized that it had to burn down the architecture it created and start anew. …
Daily Crunch: Former Metamates go from zero to unicorn with $200M crypto investment led by a16z
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Intel plans to build a $19 billion chip plant in Germany
Intel has confirmed plans to build a semiconductor plant in Germany as part of an investment of up to €80 billion ($88 billion) in Europe over the next decade.
TechCrunch+ roundup: Tested TAM tips, no-code tech survey, writing crypto white papers
For most products, TAM is presented in nine figures or more, but when you’re planning to disrupt a billion-dollar market, these numbers can create a lot of cognitive dissonance.
A rough draft of the teetering startup landscape heading into Q2
We’re no longer in startup Kansas, y’all. If current conditions hold, we’re going to see some startups struggle this year. Maybe even a lot of them.
Daily Crunch: Atlantic Money wants to make international money transfers even cheaper than competitors
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Daily Crunch: Discord and Spotify resuming service after widespread outage
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
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Intel’s plan to free Mobileye brings welcome IPO heat check
The Mobileye IPO really does matter for the startup market’s largest players, and a host of smaller, less well-known tech startups that would also like to exit, thank you very much.
Intergiro de-cloaks as a new fintech startup in ’embedded banking’
“Embedded commerce” started with things like PayPal and has evolved with products like Stripe, many years later. But “embedded finance” is appearing as a new wave in fintech, with the…
Google today announced Chrome OS Flex, an early preview of a new initiative that aims to bring Chrome OS to virtually any PC (and older Intel-based Macs). Built on top…
Intel to acquire Tower Semiconductor for $5.4B to build on custom foundry strategy
When Intel CEO Pat Gelsinger announced the company’s foundry strategy last March, he dubbed it IDM (integrated device manufacturing) 2.0. At the time, the company announced the first part of…
Sigfox, the French IoT startup that had raised more than $300M, files for bankruptcy protection as it seeks a buyer
We are continuing to see fallout from the COVID-19 pandemic and its impact on the tech industry, with one of the latest developments coming out from France. Sigfox — a…
PQShield raises $20M for its quantum-ready, future-proof cryptographic security solutions
Quantum computing promises to unlock a new wave of processing power for the most complex calculations, but that could prove to be just as harmful as it is helpful: security…
The United States Department of Commerce Tuesday released results from a survey of 150 companies, aimed at getting a better picture of just how widespread of a supply crunch is…
Spectrum Labs raises $32M for AI-based content moderation that monitors billions of conversations daily for toxicity
Two years into the pandemic, online conversations are for many of us still the primary interactions that we are having every day, and we are collectively having billions of them.…
Daily Crunch: IBM sells off Watson Health unit to private equity firm Francisco Partners
I normally try to bring some pep to my little intros in this missive. But today I am going to avoid astruturning my own mood to simply say, hey, what’s…
Intel eyes Ohio for a pair of chip factories amid global shortage
Intel this week highlighted plans to build two chip manufacturing facilities outside of Columbus, Ohio. The announcement is still early stages, involving the eventual allotment of $20 billion to construct…
AI chip designer Moffett AI raises ‘tens of millions of dollars’ in Series A round
China’s call to foster semiconductor independence has sent investors chasing after chip startups of all sorts. Moffett AI, a Shenzhen-based chip design company, has received a fresh Series A injection.…
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers and…
Mobileye and Zeekr plan to build an autonomous EV for Chinese consumers
Intel subsidiary Mobileye is partnering with Chinese automaker Zeekr to develop an all-electric autonomous vehicle for consumers. The vehicle will be sold in China starting in 2024 and eventually roll…
Intel doubles down on hybrid chip architecture, unveils 28 new 12th-gen Intel Core mobile processors and 22 desktop processors
CES may be going ahead as a shortened, pared-down operation this year, but we’re still seeing a decent swathe of announcements prepared for the event still coming out into the…
With Intel Mobileye’s newest chip, automakers can bring automated driving to cars
Intel subsidiary Mobileye plans to bring a new supercomputer to market designed to give passenger cars, trucks and SUVs autonomous driving powers. The company introduced Tuesday at the 2022 CES…
