Business
- Tue. 11/03
Eggo waffle plant and Jabil factory in San Jose to close temporarily in November, affecting 494 workers
State layoff notices show the Eggo plant closing Nov. 4 and Jabil's Great Oaks site Nov. 23. They don't say for how long or why.
- Tue. 11/03
Apple posts record $479 billion year as iPhone and Mac sales climb and iPad slips
Refunds of tariffs struck down by the Supreme Court added about a point to Apple's profit margin. The results follow 147 Apple layoffs in Cupertino and Sunnyvale.
- Tue. 11/03
South San Francisco startup Larridin raises $30 million to show companies what their AI spending buys
Its software tracks who uses AI tools at work, what it costs and what gets done. At one customer, a single engineer ran up about 65% of a team's AI bill in a week, the company says.
- Tue. 11/03
Mountain View's Aeva wins multi-thousand-sensor order for factory laser measuring tool
Industrial sensor maker Micro-Epsilon will build Aeva's Eve laser technology into its products, which measure parts' thickness and position on assembly lines.
- Tue. 11/03
Oracle prices $20 billion stock and bond sale to pay for AI data centers
The software giant, long based in Redwood Shores, is selling $10 billion in new shares and $10 billion in debt, and its stock fell 8.8% Monday.
- Tue. 11/03
Chinese robot-training data startup GenRobot AI raises $100 million
Carmaker SAIC Motor and search giant Baidu are among investors in the Beijing company, which records human movements to teach robots.
- Mon. 11/02
AI training startup Trajectory raises $45 million in a round led by Menlo Park's Sequoia
Founded a year ago by three Stanford classmates, the company sells tools that let lawyers, analysts and other experts keep improving AI models from everyday feedback.
- Mon. 11/02
South Korea plans to nearly double spending on AI, chips and robots next year, to $16 billion
President Lee Jae Myung's record 2027 budget includes money for a homegrown AI model and for testing AI-powered robots in factories, farms and ports.
- Mon. 11/02
Linux company SUSE to cut about 1 in 10 jobs, blaming AI and automation
The CEO's memo says AI tools have reduced the need for some roles, The Register reports.
- Mon. 11/02
Palantir's sales nearly double as business customers pass the U.S. government for the first time
The data-software company, founded in Palo Alto, says AI demand drove third-quarter revenue to $2.3 billion and raised its forecast for the year.
- Mon. 11/02
San Jose's NetApp completes purchase of British AI storage startup PEAK:AIO
The deal, first announced in September, gives NetApp technology meant to keep huge AI chip clusters fed with data.
- Mon. 11/02
OpenAI says its Georgia data center will cut its power use when the grid is strained
A deal with Georgia Power covers up to 1,000 megawatts, about what 700,000 homes use, OpenAI says.
- Mon. 11/02
Robot startup Tutor Intelligence raises $75 million, led by Menlo Park’s Andreessen Horowitz
Its warehouse robots go to work before they are fully self-driving, with remote human “tutors” helping and teaching the AI.
- Mon. 11/02
San Francisco’s Omen AI buys ocean-sensor startup Aquatic Labs for $16 million to watch data center coolant
The deal brings a former MIT physics professor’s water-chemistry sensors to the fluid that keeps AI chips cool.
- Mon. 11/02
Anthropic’s quarterly sales hit $17 billion, more than 12 times a year earlier, updated IPO filing shows
The San Francisco maker of Claude also swung to an operating loss, blaming costly short-term computing power.
- Mon. 11/02
Marvell agrees to buy San Jose laser maker Lumentum in $115 billion all-stock deal
Lumentum's lasers and optical parts carry data between AI chips as light. Its shareholders would get Marvell stock worth about 24% more than their shares were trading for before deal talk began.
- Mon. 11/02
Anthropic files to sell up to $3.5 billion of its IPO shares to investors in Japan
The San Francisco maker of the Claude AI models filed a Japanese registration statement Nov. 2. The shares would trade only on Nasdaq, and the price and timing are not set.
- Mon. 11/02
Bay Area drew 52% of U.S. venture dollars in 2025 as leading AI companies cluster here
Why OpenAI, Anthropic, Nvidia and others are here, why rival cities trail, and what the boom means for local jobs, housing and power.
- Sun. 11/01
Starbucks will test AI that helps baristas take drive-thru orders
The chain is also exploring drive-thrus that recognize customers who opt in and show them personal menus.
- Sun. 11/01
AI chip demand nearly doubles South Korea's exports to a record $115 billion
Chip shipments more than tripled from a year ago as tech companies race to build AI data centers.
- Sun. 11/01
San Francisco AI startup Baseten nears $2 billion raise at up to $30 billion value, Bloomberg reports
The company runs AI models for businesses, a fast-growing corner of the AI boom.
- Sun. 11/01
Saudi oil giant Aramco buys 49% of the kingdom's AI company HUMAIN
Aramco pays about $2.6 billion in cash plus its own AI and computing assets; HUMAIN has big chip deals with Nvidia and AMD.
- Sun. 11/01
Salesforce to buy Rune, a military supply startup, in a reported $375 million deal
The startup's software helps Army and Marine units plan supplies even without an internet connection, and Salesforce plans to tie it to the systems the military already runs on its platform.
- Sun. 11/01
Reddit will require logins as AI search answers cut its Google traffic
The site lost more than 1 million search visits a week in October, its CEO told shareholders.
- Sun. 11/01
Apple quietly bought AI data startup Ascend.io in June, European filing shows
Apple gets patents, a license to the startup's technology and the right to hire some of its staff.
- Sun. 11/01
Anthropic likely to get a 'junk' credit rating after its stock sale, FT reports
Investment firm Blackstone reportedly reversed an earlier prediction that the AI lab would be rated low-risk.
- Sun. 11/01
OpenAI lowers its funding goal to $20 billion from $30 billion, reports say
Reports say investors have grown more cautious about AI spending, not that OpenAI needs less money.
- Sun. 11/01
Nvidia in talks to back loans for an Anthropic data center in West Virginia, reports say
The chipmaker would act much like a co-signer for builder Nscale. Here is why, what it risks and what it could gain.
- Sun. 11/01
Intel shares fall 29% after weak forecast, their worst day since the 1970s
The Santa Clara chipmaker blamed a PC slowdown caused by soaring memory prices.
- Sat. 10/31
Replika creator's new AI app Wabi valued at $1.25 billion after $55 million raise
The San Francisco startup's AI assistant is built for friends, couples and families to use together.
- Sat. 10/31
AI startup Serval raises $150 million in bid to replace Santa Clara's ServiceNow
The San Francisco company, now valued at $3 billion, says it will hire more than 500 people in the next year.
- Sat. 10/31
Mountain View's Kodiak signs deal to run 75 driverless trucks for a Fresno trucking company
DTL Transport will pay Kodiak a fee for every mile its self-driving system drives, starting on Texas and Southern routes.
- Sat. 10/31
Anthropic's Claude AI now 40% off for government agencies, including cities and states
A new federal buying deal lets city, county, state and tribal governments pay only for what they use, with no minimum order.
- Fri. 10/30
Emeryville robot factory startup Foundry Robotics says it raised $100 million
The company uses AI-guided robot work cells to assemble complex hardware for other companies.
- Fri. 10/30
Self-driving truck company Aurora signs a deal for 500 trucks, but says production is running behind
The company, which has a Mountain View office, cut its 2026 revenue forecast to about $9 million.
- Fri. 10/30
Humanoid robot maker Agility, which has a Fremont office, expects to raise $465 million and go public next week
The company says its stock would start trading on Nasdaq as AGLT on Nov. 5 if a shareholder vote passes.
- Fri. 10/30
Milpitas memory maker Sandisk's sales jump nearly fivefold as data centers buy more storage
Sales beat forecasts and Sandisk announced an 8-for-1 stock split, but its shares fell about 13% on Oct. 30 as investors worried its growth and memory prices are near a peak.
- Fri. 10/30
Palo Alto startup &Truth raises $70 million to mathematically prove software is safe
Led by a Stanford computer scientist, the company says AI can turn years of checking code into hours.
- Fri. 10/30
Palo Alto Networks tells stockholders to reject small $450-a-share offer
The Santa Clara cybersecurity company says the unsolicited bid could leave sellers with less than market price.
- Fri. 10/30
Trump calls imported robots a security threat but orders trade talks, not tariffs, for now
A White House proclamation gives negotiators 180 days to report on deals covering robots, factory machinery and their parts.
