Deliverect, which integrates online orders from various food delivery services into restaurants' POS systems, raises a $150M Series D at a $1.4B+ valuation — As we have started to see the light at the end of the Covid-19 tunnel, food delivery has shaped up to continue to be a major business.
Sources: Apple and Meta are set to face modest fines for allegedly breaching the EU's DMA, which allows fines of up to 10% of companies' global annual sales (Reuters)
Reuters:
Sources: Apple and Meta are set to face modest fines for allegedly breaching tA profile of Chetan Nayak, who leads Microsoft's Station Q team trying to build a quantum computer; source: Microsoft spends ~$300M annually on quantum research (Tom Dotan/Wall Street Journal)
Tom Dotan / Wall Street Journal:
A profile of Chetan Nayak, who leads Microsoft's StatiNvidia announces Dynamo, an "operating system of the AI factory" that it says can boost token output by 30x per GPU when running DeepSeek-R1 on a large cluster (Larry Dignan/Constellation Research)
Larry Dignan / Constellation Research:
Nvidia announces Dynamo, an “operating system ofSources: Alphabet is in advanced talks to acquire cybersecurity startup Wiz for ~$30B; Alphabet was close to a $23B deal for Wiz last summer before talks ended (Lauren Thomas/Wall Street Journal)
Lauren Thomas / Wall Street Journal:
Sources: Alphabet is in advanced talks to acquire Sources: longtime Elon Musk ally Michael Grimes is leading a shake-up of the Chips Program Office, which administers billions in semiconductor subsidies (Michael Acton/Financial Times)
Michael Acton / Financial Times:
Sources: longtime Elon Musk ally Michael Grimes is leaGoogle's Gemma 3 and Cohere's Command A, which require just one or two Nvidia AI chips to run, hint at an industry-wide push for more efficient AI software (Rachel Metz/Bloomberg)
Rachel Metz / Bloomberg:
Google's Gemma 3 and Cohere's Command A, which require just on
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