Tenstorrent raises 100M for its AI processors
Tenstorrent, a start-up based in Toronto with offices in Austin and Santa Clara, closed a $100M strategic financing up-round led by Hyundai Motor Group and Samsung Catalyst Fund, with participation...
Tenstorrent, a start-up based in Toronto with offices in Austin and Santa Clara, closed a $100M strategic financing up-round led by Hyundai Motor Group and Samsung Catalyst Fund, with participation...
Nile, a start-up based in San Jose, California, closed a $175 million Series C investment round, bringing its total funding to date to $300 million. Nile, which emerged from stealth...
SiPhox Health, a start-up based in Burlington, MA, raised $27 million in funding for its work in lab-grade home health testing kits powered by silicon photonics. SiPhox, which was founded...
Celestial AI, a start-up developing an optical interconnect for disaggregated, exascale compute and memory clusters, appointed Bethany Mayer to its Company’s Board of Directors. Ms. Mayer currently serves as Chair of...
Arrcus, a hyperscale networking software start-up based in San Jose, California, announced a significant new investment from Hitachi Ventures in an additional closing of its Series D funding round. Hitachi...
Celestial AI, a start-up developing an optical interconnect for disaggregated, exascale compute and memory clusters, raised $100 million in Series B funding. Celestial AI is working on Optical Compute Interconnect...
Prosimo, a start-up based in San Jose, California offering distributed enterprise connectivity services, introduced a free Multi-Cloud Networking solution powered by its Cloud-Native Full Stack Platform. Prosimo's Multi-Cloud Networking (MCN)...
Alkira introduced an Extranet as-a-Service (EaaS) offering that leverages its global hyperscale cloud networking infrastructure to allow customers to instantly connect a variety of enterprise-class B2B applications and resources. Alkira's...
Pliops, a start-up offering a high-performance data processor for cloud and enterprise data centers, appointed semiconductor industry veteran Ido Bukspan as its new CEO, replacing Pliops co-founder Uri Beitler, who...
Aviatrix appointed Doug Merritt as CEO and President, replacing Steve Mullaney. Merritt was previously CEO and President of Splunk. Under Merritt’s leadership, Splunk grew revenues from the equivalent of $100...
The European Commission will provide up to €8.1 billion to advance research in the field of Microelectronics, including communication technologies (IPCEI ME/CT). The initiative involves 68 projects from 56 companies,...
Toshiba Digital Solutions and Classiq Technologies, a start-up based in Israel, signed a technology collaboration agreement focused on gate-based quantum computing. Quantum computers can be broadly classified into two types...
NTT Group announced the establishment of the "NTT Investment Partners Fund Ⅳ) with the objective is to accelerate innovation and collaboration in services and technologies. The fund size is 20...
© 2026 Converge Digest - A private dossier for networking and telecoms.
© 2026 Converge Digest - A private dossier for networking and telecoms.