Author: Editor-In-Chief
Last year, Chris Heckler was ending a five-year hiatus after selling his last company, a health care startup. “I was on the sidelines doing angel investing and realized I was too young to retire,” he told TechCrunch. “I wanted to get back to normal.” At the same time, Joseph Akintlayo had just sold his fintech company. He wasn’t in the competition either, but was thinking about ideas for the company. Akintlayo knew Heckler because he had previously served as an advisor on one of his projects. But during this downtime, they joined forces, Heckler with his connections and Akintlayo with…
Nvidia H100 chips in a server room at Yotta Data Services Pvt. Ltd. data center, Navi Mumbai, India, March 14, 2024.Dheeraj Singh | Bloomberg | Getty ImagesAmerican AI chip darling Nvidia is expanding its partnerships in India, including with venture capital firms, betting on the country’s AI ecosystem, which has attracted huge Big Tech investments. The company said in a statement on Wednesday that it is working with multiple venture capital firms, including Peak XV, Z47, Elevation Capital, Nexus Venture Partners and Accel India, to identify and fund AI startups.This comes as venture capital investors are increasingly showing interest in…
Russian officials said Western countries were carrying out “piracy-like attacks” after seizing a sanctioned vessel carrying Russian oil.listen to this article | 4 minutesinformationA senior Kremlin official warned that the Russian navy could be called in to prevent Western countries from seizing Russian vessels as part of sanctions against the country’s oil shipments and Russia’s so-called “shadow fleet.”Nikolai Patrushev, the Kremlin’s shipping aide and close ally of Russian President Vladimir Putin, was quoted as saying on Tuesday that Russia needs to send a strong message, especially to Britain, France and the Baltic states.Recommended stories list of 4 itemsend of list”As…
The Champions League finals match between Real Madrid and Benfica was suspended for 10 minutes after Vinicius Junior refused to play following comments made by Benfica’s Gianluca Prestiani.Immediately after giving Real the lead, Vinicius Junior confronted Prestiani, pulled his shirt over his mouth and said something to the Madrid striker.Vinicius Jr. ran and spoke to the match referee, François Letexier, who immediately stopped the match.Following Vinicius Jr.’s complaints, the referee responded by crossing his arms in front of his face, invoking FIFA’s anti-racism protocols and suspending the match. image: Vinicius Junior speaks to referee François Letexier after Benfica’s Gianluca Prestiani…
When talking about the cost of AI infrastructure, the focus is usually on Nvidia and GPUs, but memory is becoming an increasingly important part of the picture. DRAM chip prices have jumped about seven times in the last year as hyperscalers prepare to build billions of dollars worth of new data centers. At the same time, there is increased discipline in coordinating all memory to ensure the right data reaches the right agent at the right time. Companies that master this will be able to perform the same queries with fewer tokens, which could be the difference between going out…
Palo Alto Networks had a strong quarter Tuesday night. But in a market where there is no margin for error, the cybersecurity giant stumbled on guidance and its stock price fell. The company’s revenue for the second quarter of 2026 (ending Jan. 31) rose 15% to $2.59 billion, beating the consensus estimate of $2.58 billion compiled by data provider LSEG. Earnings per share (EPS) increased 27% year over year to $1.03, beating LSEG’s estimate of 94 cents. PANW YTD Mountain Palo Alto Networks YTD Palo Alto Networks shares fell more than 8% in after-hours trading after the company reported lower-than-expected…
Travis Brashears, Cameron Ramos, and Selina Groun-Haeberg began working together at SpaceX to develop an optical communications link that permanently connects thousands of Starlink Internet satellites. The three engineers are now co-founders of Mesh Optical Technologies, a Los Angeles startup that announced a $50 million Series A led by Thrive Capital on Tuesday. Mesh aims to mass produce optical transceivers, devices that convert optical signals from fibers or lasers into electrical signals for computers. Brashears CEO Ramos, President Ramos, and Vice President of Product Groun Heberg recognized this opportunity when they were required to evaluate the optical transceiver market and…
Check out the companies making headlines before the bell: Warner Bros. Discovery, Paramount Skydance — Shares of these two media entertainment companies rose after Netflix granted Warner Bros. Discovery a seven-day waiver to negotiate a deal with Paramount Skydance. Warner Bros. Discovery rose 2.4% and Paramount rose nearly 4%. Masimo, Danaher — Shares of health tech giant Masimo rose more than 33% after the Wall Street Journal and Financial Times reported, citing people familiar with the matter, that the company is nearing a deal to buy Danaher for $180 per share, or $10 billion in cash. Danaher stock fell more…
President Donald Trump’s son Eric has invested in an Israeli drone maker, raising new concerns about conflicts of interest as the Trump family expands its business holdings during his second term as president.JFB announced in a news release Tuesday that Eric Trump is investing $1.5 billion in a deal aimed at taking Israeli drone maker Xtend and Florida-based small construction company JFB Construction Holdings public this year.Recommended stories list of 4 itemsend of listExtend is an Israeli company whose products are used by the Israeli military in the Gaza Strip, including by using its drones to map underground tunnels, The…
On that very day in February 2016, Christian Fuchs was playing for Leicester City, a team that had recently topped the Premier League – one of the most unlikely titles in English football history, a position they never relinquished that season.Ten years later, the Austrian is managing a team at the bottom of the English football pyramid. Newport County currently sit bottom of League Two, five points out of safety. In mid-November, Fuchs felt he could be used in left field. He was a coach at Charlotte FC in North Carolina, where he ended his playing career after leaving the…