Texas Instruments stock rose 19% on Thursday, its best day since 2000, after upbeat Q2 guidance driven by high demand for analog chips used in AI data centers
Texas Instruments had its best day on Wall Street since 2000 after the chipmaker reported better-than-expected quarterly results …
Orkes, which helps companies scale their AI and agentic systems, raised $60M, including a $40M Series B led by AVP, bringing its total funding to ~$90M
Orkes, which helps companies scale their AI and agentic systems, raised $60 million, CEO Jeu George tells Axios Pro exclusively.
S-1 excerpts: SpaceX says its total addressable market could be as much as $28.5T, with $26.5T from the AI sector, most of it from AI for businesses
Over the last quarter century, Elon Musk revived space travel, turning cosmic exploration into thriving businesses.
Sooth Labs, founded by ex-Meta employees to build AI models that let businesses forecast geopolitical events, is raising ~$50M at a ~$335M valuation
Sources: SoftBank seeks a $10B two-year margin loan secured by its OpenAI shares, with an option for a year extension, as SoftBank aims to become an AI linchpin
Courier Health, which develops an AI-powered biopharma platform for managing the end-to-end patient experience, raised a $50M Series B led by Oak HC/FT
SK Hynix reports Q1 revenue up 198% YoY to ~$35.55B, vs. ~$36.2B est., and operating profit up 405% YoY to ~$25.4B, vs. ~$25.6B est., as memory prices rise
South Korean memory chip giant SK Hynix posted yet another quarter of record profit and revenue on Thursday, as prices for its products continue to surge amid strong AI demand.
Vast Data, which makes software infrastructure for managing large amounts of data with a focus on AI applications, raised a $1B Series F at a $30B valuation
Vast Data announced a $1 billion funding round at a $30 billion valuation on Wednesday, with Nvidia among those backing the AI company.
Sooth Labs, founded by ex-Meta employees to build AI models that let businesses forecast geopolitical events, is raising ~$50M at a ~$335M valuation
Sooth Labs, a new artificial intelligence lab founded by former Meta Platforms Inc. employees, is raising about $50 million in funding …