A lesser-known but significant player in the Silicon Valley tech world is getting acquired today — a move that underscores the changing economics in the world of hardware, and who wants to get more involved in that space. Surfaceink, a company that got its start as Apple’s key hardware engineering partner after the return of […]
© 2023 TechCrunch. All rights reserved. For personal use only.
French startup Mistral AI has officially closed its much anticipated Series A funding round. The company has raised €385 million, or $415 million at today’s exchange rate — according to Bloomberg, it values the company at roughly $2 billion. Mistral AI is also opening up its commercial platform today. As a reminder, Mistral AI raised […]
© 2023 TechCrunch. All rights reserved. For personal use only.
ByteDance’s TikTok will take a 75.01% controlling stake in a joint venture entity formed in partnership with GoTo’s e-commerce unit Tokopedia, the two tech firms announced on Monday. TikTok will invest $1.5 billion in the combined entity over time “to provide future funding required by the business, without any additional dilution to GoTo’s 24.99% stake,” […]
© 2023 TechCrunch. All rights reserved. For personal use only.
Vaishali Kasture, the executive Amazon appointed as the interim head of AWS India and South Asia, has quit the firm, a source familiar with the matter told TechCrunch, merely seven months into the top role. Amazon didn’t immediately respond to a request for comment by email and phone. Amazon counts India as one of its […]
© 2023 TechCrunch. All rights reserved. For personal use only.
Semiconductors have in recent years become a focal point in the U.S.’s efforts to impede China’s technological advancement. Now Washington has its eye on yet another red-hot tech sector where China is making great strides: batteries for electric vehicles. Earlier this month, the Departments of Treasury and Energy proposed rules that would limit electric vehicle […]
© 2023 TechCrunch. All rights reserved. For personal use only.