Paul Sawers / TechCrunch:
London-based Zen Educate, an online marketplace that connects schools with teachers, raised a $37M Series B led by Round2 Capital and acquires Aquinas Education — Zen Educate, an online marketplace that connects schools with teachers, has raised $37 million in a Series B round of funding.
European research labs led by Belgium-based imec will receive €2.5B in funding under European Chips Act to set up a pilot line to develop and test sub-2nm chips (Toby Sterling/Reuters)
Toby Sterling / Reuters:
European research labs led by Belgium-based imec will receive €2.5B in funding under European Chips Act to set up a pilot line to develop and test sub-2nm chips — Leading European research labs will receive 2.5 billion euros ($2.72 billion) in funding under the European Chips Act …
Inside Oracle’s Cerner acquisition, including issues with Cerner’s EHR system, which Oracle says it wasn’t aware of, and its rollout at the US Veterans Affairs (Business Insider)
Business Insider:
Inside Oracle’s Cerner acquisition, including issues with Cerner’s EHR system, which Oracle says it wasn’t aware of, and its rollout at the US Veterans Affairs — Larry Ellison bet $28 billion he could revolutionize healthcare. So why are so many patients dying? — An curved arrow pointing right.
A look at challenges LA faces as it tries to remain a major tech hub; CB Insights: VC funding of startups in LA totaled $6.9B in 2023, down 73% from 2021 (Los Angeles Times)
Los Angeles Times:
A look at challenges LA faces as it tries to remain a major tech hub; CB Insights: VC funding of startups in LA totaled $6.9B in 2023, down 73% from 2021 — High atop a Century City tower with floor-to-ceiling views of the Westside, a group of venture capitalists, other investors …
Volvo partners with Aurora Innovation to unveil Volvo VNL Autonomous, a self-driving truck which Aurora plans to use for freight hauling in the next few months (Rebecca Bellan/TechCrunch)
Rebecca Bellan / TechCrunch:
Volvo partners with Aurora Innovation to unveil Volvo VNL Autonomous, a self-driving truck which Aurora plans to use for freight hauling in the next few months — A new self-driving truck — manufactured by Volvo and loaded with autonomous vehicle tech developed by Aurora Innovation …
A profile of Alphabet’s moonshot X lab, as it carves out a path in which projects spin off as independent startups, after years of debate and experimentation (Julia Love/Bloomberg)
Julia Love / Bloomberg:
A profile of Alphabet’s moonshot X lab, as it carves out a path in which projects spin off as independent startups, after years of debate and experimentation — Alphabet is ending an era of unrestrained invention, spinning off many projects into independent startups.
US v. Google: Google has preemptively paid damages to the US government, an unusual move aimed at avoiding a jury trial in the DOJ’s antitrust lawsuit (Mike Scarcella/Reuters)
Mike Scarcella / Reuters:
US v. Google: Google has preemptively paid damages to the US government, an unusual move aimed at avoiding a jury trial in the DOJ’s antitrust lawsuit — Alphabet’s (GOOGL.O) Google has preemptively paid damages to the U.S. government, an unusual move aimed at avoiding a jury trial …
Samsung Electronics names Young-Hyun Jun as the head of its semiconductor arm, replacing co-CEO Kye-Hyun Kyung, who will oversee its business planning team (Yoolim Lee/Bloomberg)
Yoolim Lee / Bloomberg:
Samsung Electronics names Young-Hyun Jun as the head of its semiconductor arm, replacing co-CEO Kye-Hyun Kyung, who will oversee its business planning team — Korea’s largest company named Jun YoungHyun the new leader of its most important business line. Jun replaced Kyung Kye-hyun …
Sources: Anduril has had early discussions to raise ~$1.5B at a $12.5B+ valuation, and told investors it roughly doubled revenue to about $500M last year (Cory Weinberg/The Information)
Cory Weinberg / The Information:
Sources: Anduril has had early discussions to raise ~$1.5B at a $12.5B+ valuation, and told investors it roughly doubled revenue to about $500M last year — Military defense startup Anduril has had early discussions to raise what would be one of the largest venture capital rounds of the year so far …
The FBI has arrested a man on criminal charges for allegedly producing and distributing AI-generated images of minors engaged in sexually explicit conduct (Samantha Cole/404 Media)
Samantha Cole / 404 Media:
The FBI has arrested a man on criminal charges for allegedly producing and distributing AI-generated images of minors engaged in sexually explicit conduct — He allegedly used Stable Diffusion, a text-to-image generative AI model, to create “thousands of realistic images of prepubescent minors,” prosecutors said.
