Nautilus Stockton

Steelmaker Nucor Corporation this week announced that it has acquired  Southwest Data Products, Inc. (SWDP), a manufacturer and a data center supplier and launched a new business unit that will help better serve its customers in the data center infrastructure industry. Nucor said SWDP and the ...

AI chip startup Groq has acquired Definitive Intelligence for an undisclosed sum to support its newly formed  GroqCloud unit, which Definitive Intelligence co-founder and CEO Sunny Madra will lead. GroqCloud is a cloud platform that provides Groq hardware documentation, code samples, and on-de...

Satellite ground station startup Northwood Space, a company led by a former Disney actor, has raised more than $6 million in seed funding. This company is led by Bridgit Mendler, an actress and singer who was once a regular on the Disney Channel. She launched this startup with her husband last...

California-based company Edge computing orchestration startup Zededa last week announced the closing of the Series C round, led by Smith Point Capital which was founded by former Salesforce Co-CEO Keith Block. The company raised $72 million in its latest funding round which will see the compan...

Intel has announced its plans to lay off 311 employees across two Californian campuses. This marks the second round of job cuts carried out by the company in California this year.  Two separate "worker adjustment and retraining notifications" (WARNs) filed with the State of California’s Employ...