ICON 3D Printing Secures $56 Million in Funding

In an exciting development for the construction and technology sectors, ICON, a pioneering company utilizing 3D printing to revolutionize home building, has successfully raised $56 million in Series C funding.Co-led by renowned investors Norwest Venture Partners and Tiger Global, this milestone represents a significant step forward for the Austin-based startup, which has already attracted over $500 million in total funding since its inception in 2017.

6 min read

Seagate Intevac Acquisition: A $119 Million Deal

In a strategic move poised to reshape the data storage landscape, Seagate Technology has announced its intent to acquire Intevac, a key player in hard drive equipment manufacturing, for $119 million in cash.This acquisition, which involves a tender offer of $4 per share for Intevac’s publicly traded stock, has garnered unanimous backing from Intevac’s board and major shareholders.

7 min read

OpenAI Diversity Commitment Faces Website Change

In a striking shift away from its previously stated commitment to diversity, equity, and inclusion (DEI), OpenAI has quietly removed a dedicated webpage that underscored its dedication to these principles.The former URL now redirects to a new page focused on “building dynamic teams,” which, while acknowledging varied backgrounds, notably omits the term “diversity.” This change raises questions about the company’s current stance on DEI amidst a broader trend of corporate retrenchment from these concepts, as political pressures mount against such initiatives.

7 min read