SiliconHills

Tenstorrent Raises $1.5B as Austin Counter-Drone Startup Stellios Exits Stealth An AI chipmaker with a major Austin footprint doubles down on growth, while Oracle, HydroGraph and Aviat roll out new deals, facilities and products. AI chip developer Tenstorrent, which counts Austin among its six operating hubs, raised $1.5 billion at a $6.2 billion valuation, leading […]

Oracle, AstraZeneca Team Up on AI for Clinical Trials as Fortrea Buys Austin Lab On a quiet Tuesday in Silicon Hills, Austin-based Oracle signs an AI healthcare pact, an Austin bioanalytical lab changes hands, and a UT spinout makes its pitch for light-based chips. Austin-based Oracle Corp. and drugmaker AstraZeneca said Tuesday they will explore […]

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Flex Closes $4.4B EPC Power Deal; Expressable Discloses $25.5M Raise in Austin Tech Roundup Austin-based Flex finished a multibillion-dollar push into data center power, while a speech therapy startup, a beverage can printer and an ad-tech veteran made deal news. AUSTIN, Texas — Flex Ltd. completed its roughly $4.4 billion purchase of power-conversion maker EPC […]

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Bumble Deal Keeps Dating App in Austin as Tesla Fans Pack Giga Texas New details on Bumble’s $1.3 billion take-private lead a quiet weekend in Silicon Hills, along with a Tesla owners’ rally and AI upgrades from a local staffing app. Austin-based Bumble Inc. will remain headquartered in Austin under new owner Ithaca Holdings, and […]

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Samsung Pledges $22.8M in Central Texas as Second Taylor Chip Fab Nears Construction; Austin Sensing Co. Raises $15M Samsung puts more money into its Taylor community programs, a counter-drone startup and an AI homebuying platform close new rounds, and Austin-based Tesla shows off its long-delayed Roadster. Samsung Austin Semiconductor announced $22.84 million in community an...