Computer chipmaker Intel and its subcontractor, Seattle-based Cray, say they expect a supercomputer they plan to eventually deliver will be a flop—an exaflop, that is.
The U.S. Department of Energy’s Argonne National Laboratory has hired Intel (NASDAQ: INTC) and Cray... Read more »
The FDA has just made brexanolone (Zulresso) the first medicine approved specifically for post-partum depression, a potentially devastating disorder that afflicts roughly one in every seven new mothers in the U.S., according to the American Psychological Association
Now the drug’s owner,... Read more »
Even though Michigan is surrounded by one of the world’s most abundant sources of freshwater, it’s still plagued by water-related challenges, such as the Flint water crisis, high lead levels in the water at Detroit public schools, and PFAS... Read more »
Urovant Sciences says its experimental drug for overactive bladder could offer advantages compared to an FDA-approved treatment marketed by Astellas Pharma. But late-stage clinical results released Tuesday raise questions whether Urovant can persuade doctors to prescribe it instead of a much... Read more »
Tech salaries may not be as high outside of Silicon Valley, but neither is the cost of operating a business—or the cost of living.
San Diego’s startup community has rejoiced in recent months as massive companies that employ thousands of engineers—including... Read more »
Houston—Co-working company WeWork is opening its latest “Labs” space in Houston.
New York-based WeWork, which has 49 Labs programs across the United States and globe, opened its first Texas location, in Dallas, last fall. WeWork’s Labs is the business’s version... Read more »
Austin—[Updated 10:10 a.m. See below.] Magnitude Software is selling a $179 million stake in the company to London-based private equity firm 3i Group.
Chris Ney, the founder, chairman, and CEO of Magnitude, is investing alongside 3i, the company... Read more »
Flipside Crypto, a Boston startup developing analytics for cryptocurrencies, has landed its main metric onto CoinMarketCap and other financial websites including MarketWatch, TheStreet and Stocktwits, the company says.
Founded in 2017, Flipside says its Fundamental Crypto Asset Score—FCAS for short—rates the... Read more »
Dallas—AmplifAI Solutions, which makes artificial intelligence-enabled software for call center operations, has raised $3.9 million.
Investors in the funding round were Dallas-based Naya Ventures, and LiveOak Venture Partners and Capital Factory, both in Austin.
AmplifAI has developed software that uses... Read more »