Cloud-based education software vendor PowerSchool is being taken private by investment firm Bain Capital in a $5.6 billion deal.
The announcement comes amid a swathe of take-private deals led by private equity firms seeking a bargain on under-performing enterprise software firms.
Founded in 1997, PowerSchool is a web-based platform that helps educational institutions manage areas of their operations such as enrollment, grades, attendance, and communication with parents and students.
The company went public on the New York Stock Exchange (NYSE) in 2021, after previously been acquired by private equity firms Onex and Vista.
It’s been more than a minute since Tesla went public, but the EV company was inescapable on TechCrunch this week.
From layoffs to pricing changes and more, it was a week dyed deeply in Tesla colors so we had to chat through the latest.
But that was just one element of what we got into on Equity this week.
We also dug into Mary Ann’s reporting about Ramp’s latest round — and up valuation — that fit neatly next to Rippling’s own impending fundraise.
Equity is back tomorrow with a special interview between Mary Ann and Notable Capital’s Hans Tung, so stay tuned!
The aluminum used to make the spacecraft held more than 10 times the energy of any cutting-edge battery.
To release the energy embodied in refined aluminum, Godart had to figure out how to get past the metal’s defenses, so to speak.
“One of the hardest elements of heavy industry to decarbonize is the heat,” Godart said.
Aluminum is slightly heavier than diesel or bunker fuel, but its energy density could be game changing for those industries.
One could imagine future ships powered by aluminum dropping their waste powder off at a smelter to be refueled for a return voyage.
Take, for example, the company’s latest foray into mobile artificial intelligence, the AI Eraser.
Nope, OnePlus went ahead and built its own version in a bid to show the world that it has AI ambitions of its own.
From the sound of its press material, the company went and built this thing ground-up, starting with its own first-party large language models.
“AI Eraser is the result of a substantial R&D investment from OnePlus,” the company notes in its press material.
AI is rolling out to OnePlus devices this month, starting with OnePlus 12, OnePlus 12R, OnePlus 11, OnePlus Open and OnePlus Nord CE 4.
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Monday show, in which we look back at the weekend what’s ahead in the week before us.
Over in the EU, a number of U.S.-based tech companies are under inquiry thanks to the new Digital Markets Act.
At some point, you have to wonder if tech giants are going to find a better working relationship with the bloc.
Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.
“And the product was electricity.”He was comparing this — turning raw material into something else that have value — to the notion of data centers, which are purely money pits.
“There’s a new Industrial Revolution happening in these [server] rooms: I call them AI factories,” Huang said.
“The raw material that goes in is data and electricity.
It’s very valuable.”The distinction makes a lot of sense in a world where Nvidia benefits tremendously if it can persuade companies to think of data centers and AI tools in a different way.
“The last time, data centers went into your company’s cost centers and capital expenditure.
To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution.
Despite the many ways in which women have advanced AI tech, they make up a tiny sliver of the global AI workforce.
According to a 2021 Stanford study, just 16% of tenure-track faculty focused on AI are women.
With any luck, TechCrunch’s humble contribution — a series on accomplished women in AI — will help move the needle in the right direction.
The women we profile share many suggestions for those who wish to grow and evolve the AI field for the better.
To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution.
Despite the many ways in which women have advanced AI tech, they make up a tiny sliver of the global AI workforce.
According to a 2021 Stanford study, just 16% of tenure-track faculty focused on AI are women.
With any luck, TechCrunch’s humble contribution — a series on accomplished women in AI — will help move the needle in the right direction.
The women we profile share many suggestions for those who wish to grow and evolve the AI field for the better.
To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution.
Despite the many ways in which women have advanced AI tech, they make up a tiny sliver of the global AI workforce.
According to a 2021 Stanford study, just 16% of tenure-track faculty focused on AI are women.
With any luck, TechCrunch’s humble contribution — a series on accomplished women in AI — will help move the needle in the right direction.
The women we profile share many suggestions for those who wish to grow and evolve the AI field for the better.
To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution.
Despite the many ways in which women have advanced AI tech, they make up a tiny sliver of the global AI workforce.
According to a 2021 Stanford study, just 16% of tenure-track faculty focused on AI are women.
With any luck, TechCrunch’s humble contribution — a series on accomplished women in AI — will help move the needle in the right direction.
The women we profile share many suggestions for those who wish to grow and evolve the AI field for the better.
