Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop…
Fortune magazine wondered on its cover whether Oracle co-founder Larry Ellison might become the world’s richest person, while BusinessWeek declared Ellison is “cool again”, noting that “Silicon Valley’s bad boy is having his revenge”. Both were published 25 years ago, but they could’ve run this week. The octogenarian Ellison is back in headlines after Oracle…
Silicon Valley loves to talk about disruption. However, some of the most significant educational disruptions happening right now aren’t coming from San Francisco; they are coming out of Johannesburg, Nairobi and Lagos. In a quiet yet powerful shift, African-founded education platforms are beginning to address real-world problems. They do so in ways that Western models…
Dado Ruvic/Reuters US President Donald Trump is injecting nearly US$9-billion into Intel in exchange for a 9.9% equity stake. But the money — which the struggling chip maker was slated to receive anyway under a federal funding act — will not be enough for its contract chip-making business to flourish, analysts said. What Intel needs…
The world’s best known artificial intelligence accelerationists have been in Silicon Valley. Now there’s one sitting in the White House. President Donald Trump’s AI Action Plan, launched on Wednesday, represents a great loosening of rules around the ChatGPT boom. It’s an ambitious screed aimed at keeping America ahead in the race for AI supremacy. “China”…
CNN — When customers at Silicon Valley Bank rushed to withdraw billions of dollars last month, venture capitalist Arlan Hamilton stepped in to help some of the founders of color who panicked about losing access to payroll funds. As a Black woman with nearly 10 years of business experience, Hamilton knew the options for those…
