With the new funding, Caris said it has raised $1.86 billion in capital since 2018. Caris will use the raise to bring its science and technologies "to as many patients as possible and further our goal of revolutionizing precision medicine," Founder and CEO David Halbert said.
Caris Life Sciences, the Irving-based biotech company, announced Thursday that it closed a senior secured term loan providing up to $400 million in capital from OrbiMed and Braidwell, bringing its funding total since 2018 to roughly $1.7 billion....
Defense tech firm Shield AI said it completed a live drone swarm exercise in Taiwan in which three Taiwanese-built drones flew a coordinated search mission under its Hivemind AI software instead of human pilots....
Dallas-based Stream Data Centers has named Nikki Kresse its chief human resources officer. She is joining an executive bench that has been evolving since Apollo funds took majority control of the hyperscale developer in August 2025....
Richardson-based Mavenir has hired a longtime Nokia executive to lead its expansion into a fast-growing corner of the cloud computing market known as neocloud. Neocloud is industry shorthand for providers that sell access to graphics processing units, or GPUs, built for AI and other high-performance workloads as a service....
Defense tech firm Shield AI said it completed a live drone swarm exercise in Taiwan in which three Taiwanese-built drones flew a coordinated search mission under its Hivemind AI software instead of human pilots....
Dallas-based Stream Data Centers has named Nikki Kresse its chief human resources officer. She is joining an executive bench that has been evolving since Apollo funds took majority control of the hyperscale developer in August 2025....
Richardson-based Mavenir has hired a longtime Nokia executive to lead its expansion into a fast-growing corner of the cloud computing market known as neocloud. Neocloud is industry shorthand for providers that sell access to graphics processing units, or GPUs, built for AI and other high-performance workloads as a service....