Miles Kruppa / Wall Street Journal: Perplexity, which offers an AI-based “answer engine” used by 10M to compete with Google, raised $74M at a $520M valuation from IVP, Jeff Bezos, and others  —  Perplexity, with a fraction of Google’s users, raised the largest sum by an internet search startup in recent years Lees verder op Tech Meme

Ana Swanson / New York Times: The Biden administration awards $162M in federal grants to Arizona-based Microchip Technology to expand in Oregon and Colorado, the second CHIPS Act award  —  The Biden administration said its second grant under a new program would help Microchip Technology expand its facilities in Oregon and Colorado. Lees verder op Tech Meme

Ian King / Bloomberg: Intel appoints HPE executive Justin Hotard to lead its data center and AI group, a crucial unit to its turnaround, replacing veteran Sandra Rivera on February 1  —  Intel Corp. appointed Hewlett Packard Enterprise Co. executive Justin Hotard to head its data center and artificial intelligence group … Lees verder op Tech Meme