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Silicon Valley Stories - Page 7

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Silicon Valley stories

xAI raises USD $20 billion to expand Grok AI platform
Digital Transformation

xAI raises USD $20 billion to expand Grok AI platform

Elon Musk's xAI raises USD $20 billion, turbocharging Grok model training and GPU build-out as rivalry in frontier AI heats up.

By Joseph Gabriel Lagonsin • 4 min read • Sat, 10th Jan 2026
Airwallex raises USD $330m, sets dual HQ in San Francisco
Digital Transformation

Airwallex raises USD $330m, sets dual HQ in San Francisco

Airwallex secures USD $330m at a USD $8b valuation and names San Francisco a dual global HQ as it ramps US expansion and AI investment.

By Kaleah Salmon • 4 min read • Wed, 7th Jan 2026
AMD unveils yotta-scale AI roadmap & USD $150m pledge
Robotics

AMD unveils yotta-scale AI roadmap & USD $150m pledge

AMD maps 'yotta-scale' AI future with Helios platform, new chips across data centre to edge, and a USD $150m education pledge.

By Sean Mitchell • 5 min read • Wed, 7th Jan 2026
Databricks raises USD $4bn, valued at USD $134bn
Data Analytics

Databricks raises USD $4bn, valued at USD $134bn

Databricks secures over USD $4bn in fresh funding, lifting its valuation to USD $134bn as demand for AI data infrastructure surges.

By Sean Mitchell • 4 min read • Wed, 17th Dec 2025
ServiceNow buys Moveworks to build AI 'front door'
Digital Transformation

ServiceNow buys Moveworks to build AI 'front door'

ServiceNow buys AI assistant specialist Moveworks to create a single conversational 'front door' into automated workflows across the enterprise.

By Sean Mitchell • 4 min read • Wed, 17th Dec 2025
CMC highlights 'Furious Five' themes set to shape 2026
Robotics

CMC highlights 'Furious Five' themes set to shape 2026

CMC says AI, energy, robotics, defence and store-of-value trades will be the “Furious Five” megatrends steering markets into 2026.

By Sean Mitchell • 6 min read • Wed, 10th Dec 2025
Singulr AI appoints Bask Iyer to steer enterprise AI governance
Software-as-a-Service

Singulr AI appoints Bask Iyer to steer enterprise AI governance

Singulr AI hires veteran tech leader Bask Iyer as Strategic Advisor to guide CIOs on governance amid rapid enterprise adoption of agentic AI.

By Melvin Hipolito • 5 min read • Wed, 10th Dec 2025
Explainer: Should Big Tech own Hollywood?
Physical Security

Explainer: Should Big Tech own Hollywood?

Netflix's USD $72 billion bid for Warner Bros raises a stark question: is Hollywood's future in the hands of Silicon Valley's algorithms?.

By Sean Mitchell • 7 min read • Tue, 9th Dec 2025
AI-native legal practices: Why the future won't look like a law firm
Digital Transformation

AI-native legal practices: Why the future won't look like a law firm

AI-native legal firms will reshape law by building smart platforms from scratch, moving beyond traditional firms to deliver repeatable, data-driven solutions.

By Jamie Ng • 7 min read • Wed, 26th Nov 2025
Riskified urges fraud vigilance as holiday eCommerce surges
Marketing Technologies

Riskified urges fraud vigilance as holiday eCommerce surges

Riskified urges shoppers and merchants to stay vigilant against rising AI-driven eCommerce fraud as holiday online sales may hit USD $311 billion in 2025.

By Sean Mitchell • 3 min read • Wed, 19th Nov 2025

Stories from Other Regions

Silicon Valley stories

Stop renting intelligence: Why Canada needs to build its own AI stack
Software-as-a-Service

Stop renting intelligence: Why Canada needs to build its own AI stack

Canada's GBP £925.6 million AI pledge backs chips and servers, but critics say true sovereignty needs home-grown models, not US black boxes.

By Daniel Escott • 5 min read • Sat, 17th Jan 2026
OpenAI backs California ballot bid on youth AI safety
Data Protection

OpenAI backs California ballot bid on youth AI safety

OpenAI backs a new California ballot measure with child-safety group Common Sense Media to impose strict rules on youth use of AI chatbots.

By Mark Tarre • 4 min read • Tue, 13th Jan 2026
India, Vietnam & Korea tipped as top UK tech markets
Agricultural Technology

India, Vietnam & Korea tipped as top UK tech markets

India, Vietnam and South Korea are set to be the fastest-growing markets for UK tech in 2026, a leading consultancy has forecast.

By Joseph Gabriel Lagonsin • 4 min read • Wed, 7th Jan 2026
Canadian M&A set to surge in 2026 as startups gain at home
Marketing Technologies

Canadian M&A set to surge in 2026 as startups gain at home

Canadian merger and acquisition activity is set to surge in 2026 as domestic startups gain favour, driven by local firms seeking labour-saving tech solutions.

By Jake MacAndrew • 3 min read • Wed, 3rd Dec 2025
The Power of Proximity Why established tech firms thrive in innovative communities
Unified Communications

The Power of Proximity Why established tech firms thrive in innovative communities

Established tech firms thrive in innovation hubs like Silicon Valley and New Zealand's Waikato by accessing fresh ideas, talent, and collaboration opportunities.

By Stephen Veitch • 3 min read • Sun, 23rd Nov 2025
Yarra City Council upgrades IT to manage AUD $2 billion assets
Document Management

Yarra City Council upgrades IT to manage AUD $2 billion assets

Yarra City Council partners with TechnologyOne to upgrade IT, enhancing management of AUD $2 billion assets and speeding up customer service delivery.

By Sean Mitchell • 3 min read • Fri, 21st Nov 2025
Wasabi unveils AI-ready storage & expands to Silicon Valley
Storage

Wasabi unveils AI-ready storage & expands to Silicon Valley

Wasabi launches AI-ready Fire storage and opens new Silicon Valley region, offering USD $19.99/TB cloud storage designed for AI and ML workloads.

By Sean Mitchell • 3 min read • Thu, 20th Nov 2025
Agnes AI surpasses two million users amid rapid Southeast Asian growth
Unified Communications

Agnes AI surpasses two million users amid rapid Southeast Asian growth

Singapore-based Agnes AI has surpassed two million users, with half of its 150,000 daily active users hailing from Southeast Asia, signalling rapid regional growth.

By Melvin Hipolito • 3 min read • Tue, 18th Nov 2025