Don’t Build the Wrong Kind of AI BusinessRead More

Briefing
microsoft enterprise google amazon cloud

Microsoft Hires Senior Server Chip Designer From Apple

By
Kevin McLaughlin
· · Source: Bloomberg

Microsoft has hired Mike Filippo, a senior chip designer from Apple who has previously worked at ARM Holdings, Intel and AMD, as part of an effort to develop its own custom server chips for Azure cloud services, Bloomberg reported . The move underscores the strategic importance of semiconductor talent at a time as cloud providers are looking to gain an edge on rivals by building custom server...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Creator Economy startups venture capital
VC Firm Torch Capital Raises Second $200 Million Fund
By Kaya Yurieff · March 28, 2023 2:49 PM PDT
Torch Capital founder Jon Keidan. Photo courtesy of Torch
Torch Capital, an early-stage venture firm, raised $200 million for its second fund, The Information is first to report. The New York-based firm, which has $400 million in assets under management, has backed startups including investing platform Acorns, real estate company Compass and salad chain Sweetgreen. Its creator economy investments include Kyra, a video content studio that connects...
Latest Briefs
 
Oscar Health Names Insurance Veteran as New CEO
By Martin Peers · March 28, 2023
$100 Billion of Deposits Were Slated to Leave SVB the Day It Failed
By Michael Roddan · March 28, 2023
Apple Launches “Pay Later” Installment Loans
By Ann Gehan · March 28, 2023
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Bill Gurley in 2019. Photo by Bloomberg
Exclusive
Good Eggs Cuts Its Valuation 94% in Lifeline Financing as More Startups Get Desperate
By Amir Efrati
As more startups struggle to raise money from venture capitalists and approach bankruptcy, they are going to extreme lengths to stay afloat.
Block chairman and co founder Jack Dorsey. Photo by Getty
markets
Fintech’s Big Wakeup Call
By Ann Gehan
Fintechs were supposed to transform banking by making it dead simple for users to open savings accounts or pay their bills.
SpaceX CEO Elon Musk last August. Photo by Bloomberg
Exclusive startups electric vehicles
SpaceX Plans New Funding With Backing From Saudi, UAE Investors
By Becky Peterson
A subsidiary of Saudi Arabia’s investment fund and an Abu Dhabi investment firm are planning to invest in a multibillion-dollar funding round for SpaceX, Elon Musk’s rocket company, according to people familiar with the investor discussions.
Art by Clark Miller.
Market Research e-commerce culture
The Skin-Tech Devices Helping Execs Beautify in a Hurry
By Aja Mangum
I’m always 29 at heart,” said Liyia Wu, CEO of ShopShops, a livestream shopping app for fashion, beauty and lifestyle products.
Art by Clark Miller
Surreal Estate real estate
Silicon Valley’s Realtors, Like Its Bankers, Are Having a Tough Month
By Zara Stone
In early March, Ken DeLeon, founder of DeLeon Realty, a Silicon Valley–based brokerage that sold more than $1 billion in homes in 2021, called one of his venture capitalist clients to discuss the purchase of a $20 million–plus megamansion.
Art by Clark Miller.
Caffeinated Capitalists venture capital
Venture Capital’s 25 Favorite Cafes
By Annie Goldsmith
Coupa Cafe in Palo Alto. Buck’s of Woodside. The Creamery in SoMa (RIP). Silicon Valley’s coffee shops have undoubtedly seen more dealmaking than any one fancy office building or members’ club.