Tower and Japan plan $4 billion optical chip expansion
Tower Semiconductor and Japan's government plan to invest a combined $4 billion in Japanese factories that make chips for optical connections, Tom's Hardware reports. Tower plans to contribute $3 billion and Japan's Ministry of Ec...
Enveda raises $311 million to advance AI-assisted drug candidates
Enveda has raised $311 million in Series E financing at a $2 billion valuation as it moves drug candidates found through its AI-assisted search of natural compounds into human testing. Catalio Capital Management led the round, wit...
S&P Global Energy opens governed data queries to customer AI agents
S&P Global Energy says it has built a way for customers' AI agents to query its structured energy data in natural language. Its domain experts organize datasets into focused Databricks Genie Agents, each with business definitions ...
Replit acquires Atta and adds interactive charts to its chat
Replit says it has acquired Atta and made interactive charts available in Replit chat. Users can upload a dataset or connect a data source, ask a question and receive an analysis with a chart. Replit says Atta's charting technolog...
Lightspeed targets $250 million for AI-focused India fund
Lightspeed is seeking $250 million for a new early-stage India fund focused on AI companies, with commitments for 80% of that target already secured, TechCrunch reported from a letter to investors. The proposed fund is half the si...
US appeals court upholds Pentagon restriction on Anthropic's Claude
A US appeals court upheld the Pentagon's designation of Anthropic as a supply chain risk, leaving in place a restriction on the military and its contractors using Claude. In a 2-1 decision, the DC Circuit denied Anthropic's challe...