Month: January 2025

Intel has already received $2.2B in federal grants for chip production Semiconductor giant Intel Corporation has already received $2.2 billion in federal grants from the U.S. Department of Commerce through the U.S. CHIPS and Science Act, the company shared during its Thursday earnings call. Dave Zinsner, Intel’s co-interim CEO, executive

Pentagon scrambles to block DeepSeek after employees connect to Chinese servers The Pentagon is rushing to block DeepSeek on its network after some employees used the service, which stores data in China. © 2024 TechCrunch. All rights reserved. For personal use only. Powered by WPeMatico https://techcrunch.com/2025/01/30/pentagon-scrambles-to-block-deepseek-after-employees-connect-to-chinese-servers/

Apple tops 1 billion subscriptions, nearly $100B in services revenue in 2024 Apple’s iPhone sales may be down, but the company’s Services division, which includes the App Store, iCloud, Music, TV+, and other subscriptions, is still soaring. The Cupertino-based tech giant reported Thursday its Services business had an all-time revenue

Apple CEO says DeepSeek shows ‘innovation that drives efficiency’ Apple CEO Tim Cook said DeepSeek’s AI models represent “innovation that drives efficiency” during an earnings call Thursday while fielding questions from analysts about the iPhone maker’s AI ambitions. “In general, I think innovation that drives efficiency is a good thing.

Google quietly announces its next flagship AI model Update: Some users on social media report that the changelog has been updated to remove mention of Gemini 2.0 Pro Experimental. The references have disappeared for this reporter as well. A Google spokesperson told TechCrunch that an “out-of-date release note” was “published

Seaya Andromeda invests in agritech company Nax to scale in Brazil Seaya Andromeda, a growth equity fund in Southern Europe and part of the Seaya investment platform, has acquired a 55 percent stake in agricultural SaaS Nax. Nax is a provider of predictive modeling and monitoring solutions for the agricultural

French startup Clovis secures €2M to digitise construction management French construction site digitisation startup Clovis has raised €2 million in funding. Launched in 2020  by Clément Fradet-Normand, Charles Guilhem, and Thomas Faustini, Clovis is responding to the specific needs of a sector that has historically had little digitisation, by centralising

Museum app Smartify secures £1.5M funding Smartify, a visitor engagement platform for museums, has raised £1.5M. The round was led by Metavallon VC, with participation from Pembroke VCT, and advised by Mountside Ventures. Smartify allows arts and cultural institutions worldwide to enhance visitors’ experience with audio and visual guides. The

Munich-based climate data startup OCELL secures €10M German climate tech OCELL has secured €10M in a Series A funding round. The round is led by Capnamic. Additional funding comes from Bayern Kapital. Existing investors AENU and Summiteer, as well as business angels like Max Viessmann, are also participating in the funding

Naboo closes €20M Series A for corporate retreat booking Paris-based event tech Naboo has raised €20M in its latest funding round led by Notion Capital. Naboo’s corporate event concierge service enables the booking of venues, catering, transportation, team-building activities for everything from business meals to seminars to large-scale annual retreats.